Last year, the Warrenton Board of Aldermen approved the sale of the “Pinkney Property,”, a plot of land within the Truesdale city limits.
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Last year, the Warrenton Board of Aldermen approved the sale of the “Pinkney Property,”, a plot of land within the Truesdale city limits. The roughly 30 acre property was originally purchased by the Industrial Development Authority in 2005 with the intention to develop another industrial park, according to Warrenton City Administrator Brandie Walters.
That property is nestled between Pinkney Street and South Water Street south of Depot Street in Truesdale.
City Administrator said the property was within the Truesdale limits when it was purchased by the IDA and the city assumed ownership after they depleted their funds and were unable to complete the project in 2006. From there the city sold a 10 acre portion of the property back in 2018 before offloading the remaining roughly 20 acres in August of last year.
In 2023 the property was sold to Fremont Property Management LLC, a firm in Warrenton.
“It was originally sold to a different landowner as part of a negotiation, … before Truesdale had planning and zoning,” said Walters.
According to George Heath of Fremont, they recently finalized the sale of the property to Karrenbrock Construction.
Since Truesdale did not have a planning and zoning commission, or a zoning code, at the time of the original sale, the city of Warrenton attached a series of land covenants to the property.
According to Walters, those covenants applied Warrenton’s zoning code to the property, including requirements for road width, property setbacks and others.
Karrenbrock has taken over development of the property and has received approval from the Truesdale Board of Aldermen to move forward with the Boone Ridge Manor subdivision, a 64 home development that will encompass the 20 acre property and include three access roads, two of which will touch Warrenton city limits.
That project has already been approved by Truesdale, although there were some snags.
Truesdale now has a planning and zoning commission and is in the process of completing its own zoning codes, which differ from those in Warrenton.
Due to the discrepancies that would arise between the land covenant and Truesdale’s nascent zoning code, Truesdale officials reached out to Warrenton about releasing Karrenbrock from them.
The Warrenton board obliged these requests and voted to release the “Pinkney Property” from any land covenants applied to the property.
Walters noted that some of those covenants will still apply as the access roads that will reach the Warrenton city limits on Pinkney Street to the east and an access road that will run south into Warrenton to connect to any future developments.
