Posted: May 03, 2019 9:55 AM EDT By Merritt McLaughlin, Inside Indiana Business
Rendering courtesy of Old Town Design Group
WEST LAFAYETTE –
Purdue University has announced plans for
Provenance, a new neighborhood development in the $1 billion Discovery
Park District. The residential area is the fifth development project
announced in two years for the district.
Carmel-based Old Town Design Group is the developer for the neighborhood.
The
university says the neighborhood will feature single-family detached
homes, townhomes, cottages, condominiums and apartments.
Plans
also include a community center, fitness center, restaurants and retail
outlets, a day care facility and community gardens. Expected to open
June 2020, the facility 17,000-square-foot day care is planned to
support 156 children.
“Our goal for Provenance and for all our
neighborhood developments is to create a ‘sense of place’ for the people
living in an Old Town community,” said Justin Moffett, a partner of Old
Town. “As soon as we heard about the Purdue residential village, we
felt strongly that it was something that we wanted to create. Each
Provenance home will be unique, authentic and lasting in design in a
traditional walkable neighborhood.”
The project joins several others currently under development in Discovery Park. The most recent is a 15,000-square-foot luxury apartment complex project, slated to open in 2021.
LAFAYETTE, Ind. (WLFI) – County and city leaders,
builders, developers and realtors in Tippecanoe County went to Monday’s
housing strategy meeting to listen.
“We want to hear what people want,” said Jay Andrew, a board member for the Builders Association of Greater Lafayette.
Greenstreet consulting took a year to find out what people want when it comes to housing.
“More and more people are feeling the pinch and having
trouble meeting the housing needs on their own income,” said Mark
O’Neall, Senior Associate at Greenstreet.
Understanding what homeowners and renters value, could
help stakeholders understand where to invest and where to cut cost. The
study found household sizes are changing.
“People living alone or just with a partner are growing a lot faster than families,” said O’Neall.
“Families used to be larger than what they are and now
they are much smaller,” said Lafayette Director of Economic Development
Dennis Carson. “You know, having less children and then people getting
married later, so, all of those things are effecting those housing
choices.”
In many cases, those smaller families are looking for
less space. Andrew can see this type of housing work in downtown
Lafayette.
“Some more of the high rise mix use stuff, so you can
kind of have a restaurant down below, have some of the amenities some
people are looking for,” said Andrew.
However, the city knows it can’t be limited to downtown. They’ll have to expand to surrounding neighborhoods to be successful.
“Have enough rooftops and people that would support a downtown grocery store,” said Carson.
Their overall goal isn’t just to house people, it’s to give them a place they want to live, a forever home.
“Just making sure that we are a fun city to live in you
can prosper here but you can also have fun on a week night, a weekend
and be happy with your daily life,” said Builders Association of Greater
Lafayette member Jennie Dekker.
