The Coweta County Commission on March 15 agreed to another 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 in east Coweta never got off the ground due to the effects of the recession.
The March 15 vote to extend the development agreement with the new owners, PCH Twelve Parks LLC, until March 2017 was unanimous.
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 and 2015.
Located on 491 acres in the area off Hwy. 54, McIntosh Trail, Reese Road and North Road, homes at that 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.
