Atlanta-based Enfold Properties has submitted a set of preliminary plans for a 102-unit apartment complex in the two-acre triangle at North Acadia Avenue and Winn Way in Decatur.
No commercial uses are proposed for the development. About 75 percent of the apartments will be one-bedroom, 25 percent two-bedroom, and none are three bedroom.
Because Enfold is not requiring a zoning change — the parcel’s zoned mixed-use transit subarea — the plans didn’t come before the city commission. The property is all that remains of the old DeVry University campus, most of which has been re-developed into a VA clinic.
As Planning Director Angela Threadgill points out, however, the plans haven’t been finalized by the city’s development team and no permits been issued by the city.
Enfold hopes to begin construction late this year but it still faces two hurdles: securing financing and purchasing the property, now owned by Greenstone Properties.
Enfold recently completed 881 Memorial, a four-story, 80-unit apartment project in the Reynoldstown neighborhood near the eastside Beltline Trail.
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