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Developer plans 260-unit apartment complex for Mount Support Road
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Valley News
Don Smith, a partner with developer Saxon Partners, presented early-stage plans for the Marek West complex, a three-building apartment complex with 261 units, to the Lebanon Planning Board Monday night.
The proposed complex would share a driveway with another Saxon project, the 250-unit Marek South development that opened its doors in 2023.
The units will likely be similar in cost to the Marek South, Smith said.
Small one-bedroom apartments in Marek South currently cost between $2,650 and $2,800 a month in base rent for 514 square feet, according to the Marek South website.
Neighboring properties could be surveyed before construction and the company will be liable for any damages that happen as a result of construction, Smith said.
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