HOLLAND — A major housing development that’s been approved and re-approved is now on hold after a 12-month extension request was granted by the Holland Planning Commission.
The development near Holland Heights at 367 Country Club Road was originally approved in November 2022. At the time, the plan was to include a commercial component to the property, with garage parking and a total of 88 units.
More: Planned housing development adds 30 more units in Holland
Then, in April 2023, the Holland Planning Commission approved the addition of over 30 additional units. During that meeting, a representative of Malone Development also requested the elimination of the commercial component in favor of a smaller leasing office or business center, as well as moving the parking underground.
“The total unit mix that we’re requesting here is 44 one-bedroom units, 57 two-bedroom, 18 three-bedroom and one studio,” the representative said.
The modifications were approved.
On Tuesday, Sept. 10, representatives returned to the commission, this time asking to put a pause on their plans for 12 months.
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“We have put the project on hold as a result of high interest rates and high construction costs,” wrote Shayne Malone in a letter to the commission. “We now expect that interest rates will be subsiding in the near future. Construction costs have also become more reasonable.”
The new hope is to begin construction next summer. The design is unchanged.
— Contact reporter Austin Metz at ametz@hollandsentinel.com.
This article originally appeared on The Holland Sentinel: Developer cites high interest, construction costs for pause in Holland
