[Courtesy: Indianapolis Business Journal]
Lennar Homes of Indiana plans to build up to 85 houses on the northeast side of Lebanon, about 2-1/2 miles from the future Eli Lilly and Co. manufacturing campus under construction at the LEAP Lebanon Innovation and Research District.
The Lebanon Plan Commission on Monday night approved a primary plat for the Liberty Village subdivision, which would be built on 34 acres about a mile east of State Road 39 on County Road 300 North.
Lebanon Planning Director Ben Bontrager told the plan commission that the one- and two-story houses would be no smaller than 1,500 square feet. The houses would be built on 9,000-square-foot lots.
Houses at Liberty Village would cost about $350,000. Tony Bagato, entitlement manager with Lennar Homes, told the plan commission that construction is expected to begin next year.
Lennar Homes also plans to build up to 96 townhouses at Corbett Towns on the north side of Lebanon on 12 acres of undeveloped land across from Witham Health Services on the west side of State Road 39, south of County Road 300 North.
The Indiana Department of Transportation is planning improvements along County Road 300 North to turn it into a 140-foot-wide, four-lane boulevard. INDOT also plans to build a new Interstate 65 interchange just north of County Road 300 North.
Lilly’s future campus is under construction across the CSX railroad tracks from the planned Spring Creek development. Lilly plans to employ 700 workers in Lebanon.