Plan underway to build 60 age-restricted residential units in New Albany

New Albany City Hall is at 99 W. Main St.

Two local companies are collaborating on a residential project in New Albany that will feature 22 age-restricted patio homes and 38 luxury homes.

Alto Real Estate of Dublin and Bob Webb Homes of Lewis Center want to develop Woodhaven on 38 acres at Bevelhymer Road and Walnut Street.

New Albany City Council on July 6 approved the annexation of the land, zoned for agriculture use. In a separate move, council approved a rezoning for the property to infill planned-unit development.

Alto Real Estate is handling the annexation and legislative side of the development, and Bob Webb Homes is the builder on the project.

A cost for the property development was not disclosed by either company.

They are working on a final development plan, which will be considered by the planning commission, although a date has not been scheduled, said New Albany spokesman Scott McAfee.