Petition for Opposition to Townhouse development
We, the undersigned are OPPOSED to the rezoning of the property at 834 Petty Road as detailed by the application filed as Case Number RZM2019-00008 by Corridor Development Inc. to turn that property into a development of 150+ unit townhouses. We believe the result of this proposed project will have devasting effects on our property value and quality of life including (among other things) the loss of the rural atmosphere for which we purchased our properties and an extreme increase in the traffic on the already over-burdened roads accessing our subdivisions.
The proposed townhouse project would contain homes priced well below the median home values in the past six months in both Mountain View High School District and in the subdivisions immediately surrounding the proposed townhouse development. Recent studies of these type of developments show that many of the sales are to investors for rental properties further hurting home values in the immediate area. Furthermore, based on the planning commission’s own study (which recommended denial of application), Mountain View High School District is already over capacity so this development would deepen that problem.