8/16/2016 – Company planning 1,000-acre development on lake

Posted on: August 16th, 2016 by admin


August 16, 2016


A Colorado-based company wants to rezone more than 1,000 acres of woods along Lake Rhodhiss for a housing development.


Caldwell Timber Partners LLC of Denver submitted a plan to Caldwell County for 178 lots on the 1,011 acres, which currently are zones for industrial use. The developer would be LW Investments LLC of Knoxville, Tenn., according to those plans.


Matt Wilson of LW Investments said the developer’s vision was for single-family homes of 1,450 to 1,650 square feet. Lakefront lots would be at least one acre. He said there were no plans for major amenities such as clubhouse, swimming pool or boat slips.


The site of the development, between Connelly Springs Road and Dry Ponds Road, does not have sewer access. Wilson said the Baton Water Corp. said it could extend water to the development, and septic tanks would be installed.


Caldwell Timber Partners bought thousands of acres in Caldwell and Burke counties from Crescent Properties since incorporating in December. Its developments include Waterside, which it completed in Burke County along Lake Rhodhiss.


Members of the Caldwell County Planning Board have expressed concerns about the lack of sewer and the size of some lots but have recommended that the Caldwell County Board of Commissioners approve the rezoning at its Sept. 12 meeting.


By John Brasier, (Lenoir) News-Topic


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