A few more details of the potential Sprayberry Crossing redevelopment we’ve been posting about are coming via Joe Glancy, who informed his Facebook group on Friday that a draft plan shown him by Atlantic Residential, the interested developer, includes the following:
- 3 to 4 story apartments, senior living AND townhouses (not sure how many stories on the townhouses);
- Separate pools and amenities for the apartments and senior living
- ‘Co-working’ ground floor office space
- Ground floor retail space
- “Town Green” common green space
- It did not include the cemetery
- Parking and landscaping
He pointed out some have noticed “activity at the property —evidence that the property was being surveyed.”
That’s Atlantic Residential’s land survey, and Glancy says the developer is gauging public reaction before putting forth a more formal plan. He adds this:
“They seem very sincere in wanting to work with the community—both with communication and feedback—in order to adjust the development plan in response to what the community has to say. They said this will be an open process and if there ends up being an impasse, they can simply choose to not develop and look elsewhere.”
There are plenty of comments on that post link that you can read here, and that include a variety of opinions. Many are glad a long-blighted property may finally be rebuilt, while others are worried about increased traffic and potential drop in property values with apartments possibly coming in.
Based in Atlanta, Atlantic Residential is a high-end apartment developer that’s built complexes at SunTrust Park, Grant Park, Johns Creek, Buckhead, Dunwoody, Decatur, Druid Hills and in the Milwaukee and Chicago areas.
The Reserve at The Ballpark, in the photo above, was completed in 2015 near SunTrust Park for around $70 million and features 321 units plus luxury amenities.
Related stories
- Developer in talks with Sprayberry Crossing owners
- Possible Sprayberry Crossing redevelopment would be largely residential
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Residential dwellings are a good option for the space, however, condominiums for purchase are much preferred and will better afford the opportunity for the existing residents in this community, to keep property values higher, going forward.
True, the property in current state is dilapidated and needs change; but in doing so, let’s have everyone keep their profits potential high. Make smart, quality decisions for the good of developer investing, current property owners and community.