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Farragut attached dwelling building permits soar

The number of building permits for attached dwellings in Farragut is at its highest point since the year 2000, but other development indicators are down, according to the Town’s Development Activity Report for 2009.

Assistant Community Development Director Mark Shipley presented the report to Farragut Municipal Planning Commission at its meeting Thursday, Feb. 18.

There were 10 building permits for attached residential dwellings in 2009, all from The Cottages at Pryse Farm, Shipley said.

That was the highest number in that category since 2000, when 11 building permits were approved.

But other building permits were down: 19 commercial or office districts permits, compared to 27 in 2008; 24 detached residential dwelling permits, compared to 52 in 2008 and 121 in 2007.

“Detached is way down,” Shipley said.

Shipley said the reason for that is two-fold: the first is the economic downturn and the second is the relative glut of vacant lots yet to be built on.

In fact, Shipley estimated there was in excess of 600 platted but vacant lots in Town limits.

“It’s going to take some time to get houses built” on those vacant lots,” Shipley said.

Final plat activity was greater in 2009 than in 2008, again largely because of 44 final plats approved for The Cottages at Pryse Farm, as well as final plats related to construction for First Baptist Concord and Concord United Methodist Church.

Preliminary plats were way down, Shipley said. None were approved in 2009.

“It’s obviously very slow and getting slower,” Shipley joked.

“The one good thing is that there’s only one way to go,” he added.

Three preliminary plats were approved in 2008.

Again, Shipley said, the low number of preliminary plats could be due to the Town’s “glut of lots.”

There also were no concept plans approved in 2009. One was approved in 2008.

But 14 site plans were approved in 2009.

“That’s outstanding, I think,” Shipley said, adding that 2008, when 27 site plans were approved, was “a record year.”

The 2009 number was in line with numbers from the early 2000s.

In a 10-year review, preliminary plats were at an all time low, Shipley said.

Site plans were comparable to earlier in the decade, but re-subdivisions and concept plans also were down.

“As banks begin lending money again, they may go up,” Shipley said.

But Shipley said the numbers weren’t quite indicative of all the activity going on in Farragut.

“There are lots of things going on around Town, just because our numbers are down [don’t think otherwise],” Shipley said.

Development as a whole may be down, but “the main reason is a glut of available lots … and the housing bust certainly didn’t help either,” Shipley said.

The Development Report was unanimously adopted by FMPC.


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