Two new multifamily housing projects in early stages
Summary
Two market-rate apartment projects are in early stages: Brown Capital Group's 240-unit development at the Promenade (Vogel and Cross Point) and Reinbrecht Homes' 216-unit Sienna Hills project on Old Boonville Highway. The city will act as lead applicant for a state infrastructure loan for Sienna Hills and would create TIF allocation areas for both — but the advisory and bond counsel costs are paid by the developers, not the city.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 6, 2026.
Impact analysis
No city cost for the advisory and bond counsel work — developers pay at closing — but TIF allocation areas and a state loan pledge are planned for both projects.
Future renters get 456 new market-rate units, and the city gains taxable development; for Sienna Hills, the developer gets state infrastructure financing.
Mentions & discussions (1)
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