Payson approves development agreement for affordable community

By AZ BEX

On March 11, the Payson Town Council approved a motion to enter into a development agreement with Woda Cooper Companies for the creation of Union Park Lofts, a 74-unit affordable housing community planned for 2.08 acres at 409 N. Beeline Hwy.

The motion was approved on a 5-0 vote with two members absent.

The four-story apartment building will be comprised of 15 one-bedroom, 43 two-bedroom and 16 three-bedroom units, according to the submitted site plan. A total of 116 parking spaces will be provided, including four ADA-accessible spots.

The property will also have an on-site clubhouse, property management and outdoor amenity space, according to Town materials.

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