The Coweta County Commission has agreed to an extension of the Twelve Parks development agreement requiring a total of $600,000 in contributions for infrastructure and road realignment purposes. First approved in 2008, the large residential and commercial development never got off the ground due to the effects of the recession.
Commissioners in 2008 approved a development agreement with then-owners Pathway Communities that called for a $500,000 contribution over a five-year period, at $100,000 per year, for infrastructure improvements that would begin at the time of the first certificate of occupancy on the first home. The agreement also called for a $100,000 contribution for the realignment of the intersection of Reese Road and McIntosh Trail.
The contribution requirement was amended in 2010 and again in 2012.
The property is now owned by several partners and has yet to see the beginning of construction.
The new owners recently requested an extension for the first installment be due at the time of the issuance of the first certificate of occupancy or until March 2016.
The vote to approve the request was unanimous.
Commenting on the request, Commissioner Paul Poole said, “I’m glad we put this in place because you wouldn’t be able to get this out of a developer today.”
Located on 491 acres in the area off Hwy. 54, McIntosh Trail, Reese Road and North Road, homes at the time the development was approved in 2008 were expected to range from the mid-$200,000s to nearly $400,000. The development would also include a 15-acre commercial center and a seven-acre commercial tract, both for future development. The project was designed at 1.85 units per net developable acre.
Development plans also called for 41 percent greenspace and included parks, amenity areas and walking trails. Plans called for 187.12 acres of open space with an additional 107.43 acres of secondary acreage. Included in the proposal was an onsite waste water treatment facility.
