FRANKLIN - New Perspective Senior Living may build a four-story, 130-unit senior apartment community attached to a memory care center and 20 single-story townhomes at 9801 S. 27th St.
According to rough estimates from New Perspective CEO Todd Novaczyk given at the Jan. 7 common council meeting, the main complex would have a value of more than $18 million, and the townhomes would have a total value of around $6 million.
New Perspective Senior Living creates apartment communities with a variety of different amenities for residents such as a pool, bistro, pub, library and workout center. Features like these would also be a part of the development in Franklin.
The property encompasses around 23 acres of land. The developer plans to split the land into sections of residential zoning and park zoning. The small part of the land currently occupied by Nature's Nook Garden, Floral, and Landscaping Center would remain zoned commercial.
At the meeting, the Nature's Nook's owners said they expect "a slightly reduced function," once the complex is built.
Part of the property is also considered wetland, which Novaczyk suggested could be developed into a park, with walking trails, a picnic pavilion, and restrooms.
“I knew the city wanted retail along 27th and I thought, 'how do we do that?' Trying to put buildings on this ground, I think we would be dealing with a lot of environmental issues," Novaczyk said. "My thought was, well, we’re utilizing the land in several different ways here that I think is very useful for residents of Franklin; why not add a park?"
Documents from New Perspective submitted to the city suggested donating the park to the city or a local school or university.
Barton Cottle, a representative from New Perspective, said that if and when they get approval from the city and other entities, they will look to move forward with the project as quickly as possible, ideally looking to break ground before next winter.