EDWARDSVILLE – Construction is coming to the northwest corner of South Benton and West Park streets, near the Busey Bank building.
Mike Rathgeb, owner and founder of Spencer Homes, has plans to build three terrace homes on the site. A terrace home is a form of medium-density housing that originated in Europe in the 16th Century. These days, it’s also commonly found on the East Coast.
“The terms ‘townhome and ‘luxury townhome’ have been diluted in my opinion,” he said. “What we want to convey is that these are individual homes, not short-term stays or leasing properties. People plan to own them and live in them long-term.”
He said each unit will have main floor primary living space – laundry, kitchen, garage, living room and master bedroom and bathroom – while the other three bedrooms, family room and utility space will cover the second floor plus a large outdoor space. The units will also feature a two-car garage and an unfinished basement.
“We spent several months working with both the neighbors and the developer to get the project where it is today,” said Alderman SJ Morrison, whose ward this is within. “I believe this is a building that the residents can be proud of, and it provides another housing option for those looking to buy a townhouse in walking distance of downtown.”
According to the Spencer Homes website, the combined floors in the terrace homes offer up to 2,500 square feet of indoor living space.
Walkability to downtown is an attraction with the site.