| Two of the larger developments Lenoir City officials
have approved in the last year are both on Hwy 321 toward Interstate 40.
As you can see, they surround the LCUB substation.
The two adjacent developments above will produce 655
new residential dwellings, 385 single family homes and 270 apartments.
Belle West Point,
Belle Investment Owner, 124 Acres
221 Single Family and 270 Apartments. 4
Units Per Acre
Status:
Under Construction, Property
Zoned R-3 For
High Density Residential
50% Property Tax Break, 20
Year PILOT (Payment In Lieu Of Taxes) Tax
Break, Granted By Lenoir City Council
Special Assessment
Financing Granted By Lenoir City Council.
City Will Repay The Developer For All
Infrastructure Costs.
Haven Hills, Heritage
Land Development/Cook Brothers Development, Owner, 70 acres
Proposal 164 Single family Homes. 2.36 Units Per Acre
Status: Under Construction,
Property Rezoned R-3 For High Density Residential |
