The Kennesaw City Council voted Aug. 5 to approve a Central Business District project for a residential project to be known as Prichard Park at 2974 Moon Station Road.
Stipulations include:
- The building height should not exceed 45 feet.
- No structure may exceed the height of an adjacent structure by more than 14 feet.
- Submit the landscape plan for the city's Historic Preservation Commission review and approval before installation.
- The applicant must install a plaque to commemorate the historic Prichard home site.
- A maximum of 10 percent rental units will be allowed.
Around 75 units will be a mix of single-family detached homes and stacked condo buildings - a reduction from the 86 residential units approved by the City Council in December 2016.
That 2016 concept included townhomes and stack flat condominiums.
Piedmont Residential will be the developer and builder of this neighborhood that is expected to cost in the mid to high $200s for the condominiums and to start in the $300s for the single-family houses.
From building two houses in 2007, Piedmont Residential has constructed more than 300 houses per year in each of the last three years and is considered a top 15 home builder in Atlanta, having built in Cobb, Paulding, Cherokee, Jackson, Douglas and Coweta counties.
Prichard Park will be developed in a single phase over nine to 12 months upon issuance of a land disturbance permit, with a total acquisition and development cost of approximately $4 million.
The build out of the project will have an approximate cost of $15 million to $20 million and take about three years to complete, assuming a sales rate of three houses per month.
Information: PiedmontResidential.com
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