A developer’s bid to bring a senior apartment complex to Peachtree City will be hitting the road Thursday morning.
NorSouth Companies has arranged a tour of its Atlanta area communities for Peachtree City planning and development officials as well as city staff and members of the City Council.
The public is also invited to participate in the tour, which leaves City Hall promptly at 9 a.m. Thursday on transportation provided by NorSouth.
The purpose of the tour is to allow for an examination of NorSouth’s existing age-restricted communities as part of the city’s review of the company’s rezoning request to build 110 age-restricted units on a 5.6-acre tract on Newgate Road next to the Kedron Village shopping center.
Seating for the tour is limited and will be provided on a first come, first served basis. Interested participants must contact Jennis Rice at 770-487-5731 to reserve a seat.
The Newgate Road parcel is undeveloped and is currently zoned for 21 “luxury” elevator-serve townhomes.
To accommodate the NorSouth proposal, a rezoning will be required for the property. Any such rezoning would first be reviewed by the city’s Planning Commission before it is voted on by the City Council, which has the final say on all rezoning matters.
NorSouth officials have said the apartment complex it wants to build in Peachtree City would be age restricted to those 62 or over who can live independently, but typically its clientele are closer to 70. The housing is targeted at those with a retirement income not much more than $30,000 a year, but seniors who earn more will be able to rent an apartment at the full market price.
The rents are not subsidized like those in the “Section 8” housing program, according to NorSouth Vice President Brendan Barr. Instead, the company uses tax credits during construction to make the rents much lower.
Interim Community Development Director David Rast has said the city can also add restrictions that run with the land via a development agreement or perhaps another type of zoning.
Examples of existing NorSouth senior apartment communities are Princeton Court in College Park, Highland Court in Kennesaw and Norman Berry Village in East Point.
In addition to various amenities, NorSouth will also have maintenance staff on site 24 hours a day to deal with any issues that may arise. There will be no cafeteria on the property, but there will be a kitchen area that can be reserved by tenants who wish to host a party.