110-unit townhouse project planned in Fredericksburg

(RECAP: The Fredericksburg Plotting Commission will hold a public hearing Wednesday to consider a proposal for a 110-unit townhouse development. Carl Braun, a local real estate developer, has submitted plans for a development called Highlander Park on 12.2 acres at 115 Young St., a parcel behind the Gladys H. Oberle School. Braun tried to develop a gym and office building on the site and agreed to certain proffers on the property in 2003 for that use. But he said without direct frontage onto Lafayette Boulevard and few other commercial draws in that area, he chose to retool the project as a residential development. Braun plans to price the homes between $300,000 and $350,000. He said that price appeals to young professionals and empty-nesters looking for affordable, go-in ready city housing. He also said that residential development makes sense there as a catalyst for redevelopment in a predominately industrial setting.)

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