Apartments, totaling 348, have been approved for construction near downtown Powder Springs on 22 acres.
The other 10 acres would be retail and possibly townhomes.
The Powder Springs City Council voted 4-1 on May 3, with Councilwoman Nancy Farmer opposed due to her concerns over the increased traffic.
This $68 million project is designed for double-income millennials, according to applicant attorney Garvis Sams on behalf of Weingarten Realty and Selig Enterprises.
However, Sams agreed they would look at including workforce development options for those with lower incomes - as “strongly encouraged” by the City Council’s motion.
From this development, Councilman Henry Lust said annual tax revenues would be more than $250,000 to schools and greater than $550,000 to the city.
Sams said an estimated 700 school-age children are anticipated from this development, with six percent of the units being three bedrooms.
On May 12, Selig Enterprises Marketing Director Elizabeth Hagin said in an email to The Atlanta Journal-Constitution there would be around seven school-age children from 20 three-bedroom units that possibly would accommodate families.
Hagin said the value would be $48 million, not $68 million.
Weingarten is in support of this apartment complex, according to an April 16 letter noted by Hagin and written by Ken Wygle, vice president - regional leasing director for Weingarten which owns and manages the majority of Brownsville Commons, a Kroger-anchored shopping center, at 4400 Brownsville Road.
However, Weingarten is “in no way involved in the development or ownership of this project,” Hagin added.
One-bedroom units will comprise 48 percent and 46 percent for the two-bedroom units.
The property is located at 4493, 4391 and 4327 Brownsville Road at Oglesby Road.
Information: CityOfPowderSprings.org
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