MARIETTA, GA — A brand new reasonably priced senior residing improvement is predicted to interrupt floor by the top of the 12 months, Marietta Housing Authority officers mentioned.
Atlanta-based Prestwick Firms will construct the 76-unit undertaking, referred to as “The Banberry,” on the vacant website of the previous AMF Marietta Lanes bowling alley on Cobb Parkway, the Marietta Every day Journal reported. The undertaking efficiently certified for a low-income housing tax incentive, also called Part 42 housing.
The property is being examined for asbestos earlier than demolition on the bowling alley can begin, MHA Growth Director Noel Taylor mentioned at an MHA assembly final week.
Building ought to start “immediately” as soon as the construction is demolished and the MHA closes the sale on the property. Taylor mentioned the closing could possibly be delayed because the MHA waits for “extra favorable credit score” pricing from its lenders.
Learn extra on the Marietta Every day Journal’s web site right here.