F’ville eyes 300 upscale apartments on Grady Ave.
An upscale residential development is being proposed for 38 acres on Grady Avenue in Fayetteville that is expected to line up with the arrival of the Pinewood Atlanta development on the city’s north side.
Proposed residential units include 33 one- and two-story cottages, 67 townhouse units contained in three-story buildings and 300 apartments, also located in three-story buildings, according to plans submitted to the city. Along with the residences, the 38-acre development includes 7.6 acres of open space.
Knotty Pine, LLC representative Jan Trammell said the square footage of the residences is currently under consideration, adding that the apartments are expected to range from 1-3 bedrooms. Trammell did note that the upscale apartments will be “something Fayetteville has never seen.”
In all, said Trammell, the new residential development coincides with the arrival of Pinewood Atlanta.
Pinewood is expected to open in January and with its scheduled arrival there have been numerous inquiries from businesses affiliated with the movie and television industry that are potentially interested in locating in Fayette County. Prior to the opening, the 288-acre area on which Pinewood is located, along with other adjacent large tracts, is expected to be annexed into the city.
The aim of the Grady Avenue development is to create a unique multi-family and neighborhood environment that will provide “a sense of place within the community and sensitive to its environmental surroundings, encouraging a more creative approach to the development of the property. The result will be a more efficient, aesthetic and desirable balance of flexibility in design, placement of buildings, use of open areas, pedestrian-friendly oriented circulation, parking areas and utilization of the site’s special features of geography, topography, size and/or shape to their best potentials creating an environmentally sustainable design,” the development plan said.
Plans call for buildings in the development to create “visual interest through manipulation of textures, material and colors, building offsets, reveals, recesses and other architectural treatments. The site is further enhanced with decorative signage and lighting.”
If approved by the City Council, plans call for work to begin immediately on the apartment buildings (Phase 1) with an anticipated completion date of approximately 16 months.
The residential single-family and townhouse component (Phase 2) will begin pre-selling homes within a reasonable time period after final zoning. Development of Phase 2 will begin upon receipt of a reasonable number of pre-sales. Once permitted, the development of Phase II is expected to take approximately 10-12 months. Normal sales velocity should be 30-40 units annually, according to the development plans.
Knotty Pine, LLC officers include Jan Trammell, Thomas Chandler and Ronnie Johnson.
Architectural renderings were provided by Peachtree City-based Historical Concepts.
The proposal went before the city’s Planning and Zoning Commission on May 28 and will go back to the planning commission on June 25 for a recommendation. It will also go before the Fayetteville City Council on June 20 due to the lack of a meeting on July 4. The council will likely vote on the proposal on July 18.
The property was initially rezoned in 2006 for 68 single-family homes, then in 2008 it was rezoned to accommodate older adults. But the Great Recession took its toll on Fayetteville and Fayette County and the property remained undeveloped.