The Peachtree
City Planning Commission is expected to revisit the rezoning request for
Lexington Commons, the commercial and retail portion of a mixed-use project
that will be located at the intersection of Walt Banks Road and Ga. Highway
54.
Developers
want to reduce the overall commercial space of the project and increase
the number of lofts from 160 to 260.
At its last
meeting, the Planning Commission heard a presentation from the various
developers and consultants involved in the project. The commission decided
to continue the public hearing at its next meeting after several commissioners
said they weren't willing to approve the rezoning immediately.
There is a
rush to get the rezoning approved because of a Dec. 15 deadline to purchase
the property. After that date, the property would likely lose its specially
designed limited-use commercial zoning.
The rezoning
request involves several significant changes to the development plan for
Lexington Commons.
Jim Williams,
the city's director of developmental services, told the Planning Commission
that the main issues of contention between the developers and the city
involve the size of the largest retail stores, traffic improvements that
will be needed in the area and the buffering along Walt Banks Road and
Hwy. 54.
The developers
indicated they wanted to retain the size limits of the largest retail
stores, with the largest building housing a grocery store. Shrinking the
sizes could prevent the location of specialty businesses such as a chain
bookstore, they added.
John Perlman,
a commercial developer with Adams and Company Real Estate, said it was
important for the stores to be visible from the roadway through the buffering.
The Planning
Commission questioned the appropriateness of having a hotel and a child
care business at Lexington Commons. Jeff DeHart of Scout Properties replied
that they needed to generate traffic from outside the area to draw customers
for the retail stores.
It is estimated
that between $50 million ad $60 million will be spent on Lexington Commons,
which will be located adjacent to a new subdivision with 130 single-family
homes.







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