The Prescott City Council has approved a site plan and water allocation appeal for Palmer Apartments, a proposed 209-unit residential development on 14 vacant acres at the SWC of Gateway Blvd. and Palmer Lane. The site lies between Gateway Mall and a single-family subdivision.
Palmer Apartments will feature eight three-story and two two-story buildings, as well as a pool, community center, mail center and dog grooming area.
Council discussed the proposal in its December meeting. The project’s requested water allocation of 29 acre-feet exceeded the City’s entire 25 acre-feet 2023 allocation. Under Prescott’s water policy, individual projects cannot be approved if they have water usage requests of more than half the remaining semi-annual water budget. Appeals are permitted for projects requesting more than 50%, however, and it was stated in the meeting that the water considered under an appeal would not come out of the budgeted amount.
Officials with developer The Tanbic Company told Council they expect the Palmer development to use far less water than the 29 acre-feet requested. Tanbic also developed the nearby 100-unit Winfield at the Ranch apartments and based its initial estimates on that development’s usage. Winfield currently uses approximately 7.5 acre-feet annually. Palmer is expected to use between 10 and 15. (Source)
