Wednesday, October 18, 2000
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Wednesday, October 18, 2000 |
| PTC
council to consider lifting multi-family housing moratorium By JOHN
MUNFORD
The Peachtree City Council will consider Thursday night whether to lift its moratorium on multi-family zoning so Bob Adams Homes can make significant changes to the Lexington Park/Lexington Circle development at Ga. Highway 54 and Walt Banks Road. The developer wants to add 260 multi-family lofts, which are included in new plans submitted to the city Oct. 5. The additional lofts are among a number of changes that are being sought to make the project more economically viable, according to city officials. Currently, the 73-acre tract is zoned limited-use commercial, but the changes are so significant that a rezoning might be required. The 260 lofts would bring the total loft square footage up to 230,000 compared with the previous plan for just 80,000 square feet. Bob Adams Homes is also asking for an additional 69,000 square feet to designate as "live-work" space "where people may work, live or do either or both within the space that they lease or own," according to the letter. Those areas would be either two-story buildings or the second story over retail or office space, the letter indicates. The company also plans to cut the total amount of retail space by almost one-half to just 137,000 square feet, which includes a proposed supermarket and drugstore, neither of which have been confirmed yet, according to Perlman's letter. Bob Adams Homes also wants assurances regarding the maximum allowable size of its retail buildings in light of the city council's exploration of limiting large retail buildings with the big box ordinance. The company is requesting that its largest commercial tenant have a footprint of no more than 50,000 square feet, its second largest be no more than 40,000 square feet and its third largest be up to 32,000 square feet. The amount of office space would almost be cut in half from 80,000 square feet to 42,000 square feet, according to the company's proposal.
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