HomeMy WebLinkAboutmemo to departments for costsDepartment of Planning and Development Planning
723 West Markham Street
Little Rock, Arkansas 72201-1334 Development
Phone: (501)371-4790 Fax: (501)371-4546 Building Codes
MEMORANDUM
To: Department Heads
From: Via, \Walter Malone, AICP
planning Manager
Subject: Annexation costs
Date: November 14, 2022
There has been an annexation request for 168.9 acres along the northside of Crystal
Valley Road at colonel Miller Road. The Little Rock Board of Directors would like better
cost to service this area. Please provide your estimate cost to service this area based on
the following information. The area is currently undeveloped, and no one lives on the
site. The existing structures will be removed by the developer after annexation. After six
months from annexation to first lots should be platted and available for sale. The first
homes should be available for sale approximately a year of annexation.
The overall development would be a 551-lot single-family subdivision of `starter' homes.
The applicant estimates the first phase of 75 to 90 lots (six months after annexation) with
approximately that many more per year after that. They are estimating approximately 30
houses per year starting in the year after annexation. (ie the first 12 months from
annexation: zero houses and development of streets in the second six months; months
13 through 24 would see 30 houses built and occupied; this pattern would repeat until
551 lots are development and occupied. It is estimated to take approximately 19 years
plus year one for full development).
Please return your annual cost estimates to: wmalone@ljttlerock.gov by close of business
Monday November 28, 2022. Thank you for your time and assistance on this matter.