What's Happening?
The De Pere City Council has approved a development agreement for a new housing project on the former Humana campus. The project, led by Phoenix of De Pere LLC, will include 168 housing units, with a portion designated as affordable housing. The development, known as The Lofts at Preserve, is set to begin construction before the end of 2025. This initiative aims to address housing needs in the area, providing more options for residents and contributing to the local economy.
Why It's Important?
The approval of this housing development is crucial for addressing the growing demand for affordable housing in De Pere. As housing costs continue to rise, projects like The Lofts at Preserve offer necessary relief to residents seeking affordable living options. This development not only supports the local economy by creating construction jobs but also enhances community growth by attracting new residents. Affordable housing is a key component in ensuring economic stability and diversity within communities, making this project a significant step forward for De Pere.
