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Auburn's Foundry: A $282M Mixed-Use Development

Published 4 days, 7 hours ago
Description

Auburn City Leaders Unveil Massive Mixed-Use Development: The Foundry

Auburns first-ever Planned Unit Development (PUD), The Foundry, is set to transform the city with a sprawling 282-acre project. Developed by Warren Jolly, this mixed-use development will include apartments, single-family homes, commercial spaces, office spaces, and open areas, including a greenway. The project, which could take up to 20 years to complete, has cleared key hurdles with the City Council, but final approval is still needed. A significant part of the deal involves extending Yarbrough Farms Boulevard to connect Donahue Drive with North College Street. The city and developer will split the roughly $8 million construction cost. This announcement comes as Auburn ranks fourth in the nation for homeownership growth over the past decade, despite a large student population.

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