The conversion of the existing warehouse space will include both exterior and interior improvements.
A rezoning and land use amendment are needed to develop the 4.8-acre site.
The purpose of the renovation and addition is to provide a new space to offer cancer treatments.
WashREIT paid more than $271,000 per unit of the multifamily property.
Plans have been presented to create 201 affordable rental units in the Mechanicsville neighborhood.
If approved, Invest Atlanta would administer development programs of the City’s One Atlanta – Centennial Yards Project.
The new project is seeking Housing Opportunity Bonds to fund the affordable housing development.
The need for funding is related to escalating construction and building costs.
Originally built in 1936, this cottage-style estate inside the perimeter of Sandy Springs is a perfect example of blending contemporary living with old-world appeal.
The ten-year property tax reimbursement would assist with the construction of the Campbellton Road Neighborhood Apartment Project.
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