BREVARD — The $8.3 million Broad River Terrace, a new apartment complex under construction in Transylvania County, officially has a new address.
Brevard City Council members unanimously approved a voluntary annexation request by the apartment complex’s developer, Fitch Development Group in Charlotte, Monday night. The developer sought the annexation to gain access to city utilities, including water and sewer, city officials said.
Broad River Terrace is on Old Hendersonville Highway between Osborne and Neely roads, across the street from Anderson Heating and Cooling in Brevard. The two-story complex will contain 62 one-, two- and three-bedroom apartments, developer Hollis Fitch said.
The one-bedroom apartments are 800 square feet and will rent for $400 a month; the two-bedroom units are 1,113 square feet and will rent for $490 a month; and the three-bedroom units are 1,282 square feet and will rent for $550 per month.
Research into the rental market for the area showed demand would be good, Fitch said.
Construction of the apartment complex, situated on 9.3 acres, is scheduled to be complete by May, he said.
In other business, the council:
- Approved the voluntary annexation of a duplex at 843 Ecusta Road. The property is owned by Ox Enterprises. The owners sought annexation to acquire city sewer service after the septic system failed, city planners said.
- Approved the voluntary annexation of Noah’s A.R.C., an animal rescue organization at 451 Ecusta Road.
- Passed a resolution adopting a code of ethics for the city council. The state General Assembly requires all cities across the state to follow a standard code of ethics to conduct business, Brevard Mayor Jimmy Harris said.
By Leigh Kelley
Times-News Staff Writer
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