Grady Ave. developer told: ‘No apartments’

Developers for the proposed mixed residential development on Grady Avenue in Fayetteville were expected to ask the City Council on Oct. 17 to agree to have the potential development return for a full review by the city’s Planning and Zoning Commission. The council agreed, but with the proviso that the new re-worked proposal come with approximately 150 townhomes and cottages and no apartments.

Prior to the meeting, the requested rezoning on the 38-acre property along Grady Avenue had included 276 apartments, 29 townhomes and 43 detached cottages. Property owner Knotty Pine, LLC came to the meeting wanting to have the council agree to let the project return to the Planning and Zoning Commission for a full review that would include revising the scope and scale of the project.

But that is not what transpired at the meeting, said Community Development Director Brian Wismer.

The direction given by the council was to re-work the proposal to include approximately 150 townhomes and detached cottages but not to include apartments in the new request.

The vote on the agenda item to send back to P & Z was 3-1, with councilmen Ed Johnson, Mickey Edwards and Paul Oddo in favor and Councilman Walt White opposed. Commenting on his vote, White said the developer prior to the meeting would not give him a commitment to remove the apartments and return with a re-worked proposal that would include a range of 150-160 other units that would be more appropriate for the location.

The two primary concerns over the proposal expressed last month dealt with the number of apartments and traffic issues along Grady Avenue.

A traffic study performed by Kimley-Horn and presented at the Sept. 19 meeting noted that the developer had agreed to widen Grady Avenue as it approaches Hwy. 54. Council was told there is sufficient right-of-way to add a third lane so that the left and center lanes could turn left because the majority of the traffic flows west onto Hwy. 54.

Another option to help mitigate traffic concerns still in the works would involve purchasing a small section of property to the east that would allow the development to link directly to Hwy. 54 in close proximity to downtown.

Robert W. Morgan
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No apartments might seem like a good idea

but it is probably a deal-killer for the developer. Populist crap sounds good, but ain't gonna work and stand up to the legal test unless the city is smart enough to ---- well never mind, they are not.

And BTW, real estate geniuses, listen to this. Most of the Pinewood people will be staying at motels or hotels (tax revenue goes to Nancy Price's group) and the real smart real estate move is the corporate apartment route - specifically furnished apartments or condos in a nice complex like the Kedron apartments or Las Brasis. Whoever the genius was that thouht the Lexington Townhomes from the bank should pay attention as well. Furnish them, do 6-month leases and jack the rent up $600 per month and don't be fussy about multiple male (or female) tenants. That's reality. Inflated home prices and a booming real estate market is just a silly dream, wet probably.

dar thompson
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Great Idea

Someone I know is already headed that direction. Wonder who that could be?

Robert W. Morgan
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A group in PTC that did this during the Olympics is back

or at least part of them are. They are actually buying foreclosed homes, Beauty of this is prices and interest rates are real low and the city or county can't tax you except for real estate taxes if you actually own the property and there is no real price resistance at the upper end since these people are given a housing allowance that far exceeds anything an investor could charge when they double or triple up in an apartment or house. Those foreclosed houses in the $200's that for some reason have a swimming pool are prime candidates for this.

Better yet, you can probably even rent a foreclosed house from a bank and fix it up and furnish it and sublet it for 2 or 3 times your rental cost and the bank probably won't even know or care. The banks are not creative enough to try this on their own, so there's no danger they would get jealous - vindictive? maybe, but not jealous. Pretty easy way to net about $2,000 per month. And you can make even more money in areas where the schools are not so good (like Coweta or Tyrone) since those values are depressed and the movie people are not likely to be bringing their kids with them.

GAGAL
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Game Not Over

If "they" think we're going away with their delay tactics, they can forget it! Many feel they are not just standing for the Grady Ave. area, but all of Fayetteville.

We all know changes are coming, but we must proceed with caution. If we want to attract the Pinewood people, we need to do so with quality and class. Build more restaurants like the City Cafe and coffee shops like Lagniappe and "they will come." Put in more developments like The Apple Orchard, Beauregard Trace and Sparrows Cove and "they will come." Force high density rubbish (get used to that word -- the British are coming), and Fayetteville will eventually be another Riverdale or Smyrna. It's vital we learn from the mistakes other communities have made.

ginga1414
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Will Homeowners Get The Shaft?

As of now, it seems that the council is at least listening to the homeowners. That wasn't the case a few years ago when homeowners along the WFB tried talking to our former commissioners.

I truly hope the Grady Ave. neighborhoods win this one!

mudcat
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Clever, if this works they take away the lawsuit option

If they dupe these dudes into applying for a no apartment zoning they get protected from future lawsuits about the "right to highest and best use" crap. Doubt the dudes are this stupid, but they may be so slim in the land cost that they were actually after this to begin with. We shall see.

This is one of the problems with the "throw the bums out" sentiment at every election. Sometimes the bums can fend off the other and more dangerous bums who thrive on manipulating rookies. Need an example? Haddix and Norwest. So, there you have it.

hutch866
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Traffic study

I can't wonder but who paid for the study, maybe they're going to condemn the waterfall, doubtful. Unless they buy some land from the BP station, there's no extra space for another lane. No matter what, if council approves this, they are selling out the people who live on Grady and Beauregard.

Davids mom
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Traffic

It looks like it's back to the drawing board. Let's see what they come up with. With the rearrangement of 'apartment' configuration, the engineers may solve the problem you share.

hutch866
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Dm

The engineers can go to Hell, if this passes, it tanks my quality of life, I AM one of the people on Beauregard. Let me ask you this, if they wanted to dump around a thousand cars the next street over from you, would you be as obliging as you seem now?

Davids mom
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Hutch

Good engineers can reroute. But I understand your concern. I'm off Redwine. I'm sure you' and others will be heard. South Pasadena residents kept a freeway from being completed for over 70 years. Engineers re routed.

Davids mom
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Oops

.

Spyglass
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Good call by Fayetteville

Be thankful you didn't have a "Haddix" at the meetings mouthing off.

Davids mom
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Fayetteville government

Seems to be researching valid concerns of community!