The Lincoln developer that built the Holiday Inn Express in Chadron has applied for a zoning change on 7 lots south of Wilson Park for a 78-unit apartment project.
REV Development is holding a public information meeting on it tonight from 5:30-6:30 at the hotel.
REV owner Mike Works says the 4-story apartment building would be on the south side of 10th Street in what was proposed as the South Park unit of Chartran Estates – a project that was planned in 2007 but was scuttled by the Great Recession.
Works says if the zoning change is approved the city, the company will erect Chadron’s largest apartment building
Works says there will be no subsidized units with all units “market-rate rentals” that expected to run from about $700 to $1,200 per month.
REV has built similar facilities in other communities and has found them to be very popular across a wide swath of demographics.
While the Chadron project will go before the city planning commission and city council in open meetings, Works says city officials recommended REV host its own neighborhood meeting first – an idea he wholeheartedly embraced.
Tonight’s meeting at the Holiday Inn Express begins at 5:30 with a brief presentation on the project, followed by a question and answer session with an open house continuing to 8:00. Tours of the hotel will also be offered.