The Kennesaw City Council voted 5-0 Monday to approve the project concept for a proposed 78-unit senior apartment community.
Royal American Development (RAM) of Panama City, Florida, is the applicant for the independent living mixed-use project on five acres of vacant land at 2726 S. Main St. on the corner of Sardis Street in the Central Business District but not in the historic district.
The Enclave at Kennesaw Station will include commercial office space and commercial space for a beauty salon.
Also, the development will be age restricted for residents age 62 years and older with no person under the age of 45 to be permitted on the lease.
The development will have a mixed-income tenant base with 80 percent affordable units and 20 percent market rate.
That means 50 percent of the Area Median Income (AMI) for a two‐person household is $29,600 and 60 percent of the AMI for a family of two is $33,480.
RAM will charge 30 percent of the AMI income in rent, ranging from $464 to $685 monthly for the AMI affordable rate and $870 to $1,040 monthly for the market rate.
One bedroom/one bath of 36 units and two bedrooms/two baths of 42 units will be offered.
RAM will develop a small pocket park across from the city’s planned Gateway Park, donate required right of way to the city and construct road improvements, according to Croy Engineering’s design, including a turn lane, curb/gutter, on‐street parking and an eight‐foot to 10-foot sidewalk along the project’s frontage.
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