A mixed-use development was approved recently by the Cobb County Board of Commissioners for the Riverside Parkway area, formerly known as Six Flags Drive.
Owner of the 12.42 acres, the former location of the recently demolished Magnolia Crossing Apartments, is the South Cobb Redevelopment Authority.
Co-applicants Stephen C. Yancey and Janet N. Yancey own 39 acres at 7001 Factory Shoals Road, next to the authority’s property, and want their property marketed to developers as well, according to the authority’s chairman Doug Stoner in an Oct. 7 letter to Cobb Zoning Division Manager John Pederson.
Site plans for the residential/retail mix will need to return to the commissioners for their approval.
The 51.4-acre site is east of Factory Shoals Road, north of Riverside Parkway, southeast of Cochran Road and on the south end of Richard Lane.
Representing the authority, attorney James Balli agreed with Commissioner Lisa Cupid’s request that she be allowed to oversee 16 factors concerning the site’s marketability such as architecture, landscaping, fencing, construction hours, traffic flow, signage, business types, community covenants, security, lighting, parking, transportation, residential affordability and dumpster placement.
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