McFee Road Land Purchase - Preserving it from Residential Development
The 55-acre parcel is developable.
There is a developer ready to purchase and develop this property to add an additional phase to Meadows on McFee.
Potential Property Development
There have been statements made that this property is not developable for several reasons including the tree cover, a sinkhole, a ravine that runs through the property, and proximity to the railroad. These issues are of little concern for the Meadows on McFee developer, as the developer is very familiar with the Town’s development regulations and ordinances and housing in Farragut is in high demand.
The Town of Farragut has a Tree
Protection Ordinance. It does not prevent a heavily treed property from being
developed. Evidence of this can be seen at Old Stage Road/ Kingston Pike, where
the property is being graded for future development. A tree removal/replacement
plan must be filed before a grading plan can be approved. Heavy tree cover does not prevent a property
from being developed.
Regarding sinkholes, there is a depression
on the property, it’s not clear whether the depression is a sinkhole or an old
farm pond. Regardless, sinkholes are
fairly prevalent in the area. The Town’s
Open Space Residential Overlay (OSR) and Open Space Mixed Residential Overlay (OSMR)
zoning districts and the Town’s sinkhole ordinance allow for the development of
property while protecting environmentally sensitive areas such as sinkholes. A
prime example of a subdivision that was developed under the OSR zoning district
to protect existing sinkholes is Bridgemore, which has approximately 11 sinkholes
scattered throughout the development.
TOF Open Space Residential Overlay Zoning District
TOF Open Space Mixed Residential Overlay Zoning District
The OSR and OSMR zoning districts restrict
the overall density to 2.178 units/acre, requires 35% of the total land area to
be dedicated to open space and provides for flexibility in lot size to protect the
environmentally sensitive areas such as sinkholes. Several subdivisions along McFee Road are
zoned OSR or OSMR including Bridgemore, Brass Lantern, Cottages at Pryse Farm,
The Grove at Boyd Station and Meadows on McFee.
Ravine
A ravine runs through the 55-acre
parcel in a generally north to south direction.
This ravine is easily dealt with by placing an appropriately sized
stormwater pipe in the ravine, moving in fill dirt above the stormwater pipe
and constructing a road over it. Roads
have stormwater pipes running under them are all over Farragut. Developers deal
with this issue all the time in the development of property. It’s part of the
Town’s stormwater management system and stormwater infrastructure.
Proximity to Railroad tracks
Proximity to the railroad tracks has not
deterred developers from developing residential subdivisions. Walnut Grove and Heron’s Point which are
subdivisions just south of the railroad tracks are examples.