Crestwood advances Lux Living apartment development planned for Watson Road | Local Business

Lux Living, by way of its CWD Fairness LLC entity, filed plans to develop the flats and around 12,000 square ft of retail and industrial at 8800 Watson Road. The apartments would span 3 buildings, ideas demonstrate.

The Board of Aldermen on Tuesday accredited Lux Living’s rezoning request and preliminary enhancement strategy. Crestwood’s preparing and zoning board will have to have to approve a final development program to guarantee it is “substantially the same” as the preliminary style and design, reported Town Administrator Kris Simpson, who did not have information about a development timeline.

Lux Dwelling, led by brothers Victor Alston and Sid Chakraverty, is a single of the greatest apartment developers in the location. But it has produced controversy above its business practices, which include tactics to impede a competing developer as perfectly as tenant problems about bad management at their attributes.

Wohlfahrt Holdings owns the 12-acre Crestwood assets, which now houses Victory Raceway indoor go-karting and a Social Security administration business office, amid other tenants.

It is not apparent if Lux Dwelling has the home beneath contract to acquire or if Wohlfahrt Holdings is concerned in the undertaking. Jason Wohlfahrt, who is listed on incorporation documents, did not answer to a ask for for remark.

Lux Living did not quickly reply to a request for remark.

Hoefer Welker is the architect on the challenge.