Project planned off the Bypass, open to all ages, would help Rome’s housing crunch — but several hurdles remain.

Project planned off the Bypass, open to all ages, would help Rome’s housing crunch — but several hurdles remain.

A look at the nearby Highland East project for seniors, also backed by Gateway, between the Bypass and Redmond. The company seeks approval to develop another 80 units. From the website. (Gateway Management)

 

A company very familiar with housing in Northwest Georgia wants to grow again on 14.4 acres close to the Bypass and the Harbin Clinic buildings off Redmond.

Gateway Development Corp. and Gateway Management, based in Alabama, already have ties to Highland Estates adjacent to the proposed site as well as apartments in South Rome and Cedartown. This project features 80 units on property being sold by Berry College. 

The project comes at a time when Rome is studying a housing shortage, specifically for “work force” incomes. A special city committee has been formed, chaired by Commissioner Wendy Davis, to review the housing crunch and potential short-term and  long-term solutions. One issue is the city/county development code which is defined as being a “growth killer.”

>Background: First meeting of Rome’s special housing committee preludes a crisis — rentals and home ownership — and initial steps toward fixing it.

Last week, the Rome-Floyd Planning Commission approved the rezoning of the site from multifamily residential/community commercial to multifamily residential. As proposed, it would feature 80 units with room to grow. Options would include one-, two- and three-bedroom apartments. Commissioners heard overall plans for the project, including a caveat that it is dependent on state Department of Community Affairs’ tax credits. That ruling is possible by October or November, which could mean everything would be finished in early 2023. The rezoning was sought on behalf of Gateway and the current owner, Berry College, and passed 7-0.

As for the college: “Berry is not directly involved in the Gateway project, as we are simply selling them the 14.4 acres. This is the same company that developed The Highland, also on Woodrow Wilson Way, which were done well and seem to have been well received. Private investment to help meet the housing needs of our community is very important,” according to a statement from the college,courtesy of R. Daniel Price, the college’s General Counsel, In-House.
The assessed value of the site is $2.9 million.
About The Gateway Companies:

 

Gateway Management Co. emphasizes creating partnerships and properties, with long sustainable value, thriving residential communities, and enriching work environments.  Gateway strives to create rewarding work and living environments. We are a branch of several companies that are a total property and housing solution. The Gateway Companies are comprised of Gateway Management, Gateway Development, and Gateway Construction. The Gateway Companies were formed in 1986, including Gateway Management Company, for the primary purpose of providing conventional and affordable housing through development, property management and asset management for the properties owned by the principal in the Company. Gateway currently manages over 220 properties, including our third-party partners, consisting of over 16,000 units throughout the Southeastern United States, with expansion plans to the Midwest and Southwest. We have over 350 employees and are still growing.”

As for this latet project, given a green light, it would add to Gateway’s impressive resume already on display in Northwest Georgia. Those developments include:

Click the above for more (Gateway Management).

 

The South Rome Apartments are a joint venture between the South Rome Redevelopment Corporation and Laurel Street, a residential developer based in Charlotte, N.C.  Burrell Square, McCall Place and Etowah Bend were among the first players in redeveloping parts of South Rome. Together, they were part of a $14 million investment in the area.

The first phase began on McCall Place in July 2016. The apartments are at the corner of South Broad and West Forest, the former site of the old McCall Hospital. This property features 27 apartments in two buildings that include one-, two- and three-bedroom units. Amenities include a computer room, craft room and laundry room, plus access to amenities at the other two sites.

Etowah Bend was completed in September 2017. The development includes one building at the corner of South Broad and Etowah Terrace, and a second building on Etowah Terrace overlooking the Etowah River. It has 23 one-, two- and three-bedroom units. Amenities include computer room, laundry room and playground.

Construction on the final site, Burrell Square, was finished in December 2017. It is at the site of the former Anna K. Davie School at the intersection of Cherokee Street and Hardy Avenue. This property includes 17 duplexes with a total of 34 two- and three-bedroom units, along with a community building featuring a fitness room, computer center, laundry room and playground.


 

Click the above for more (Gateway Management).

 

Construction on Highland Estates, a 55-plus apartment complex, began in 2015. It offers 84 units off the Bypass, John Maddox and Woodrow Wilson behind Harbin Clinic’s  medical buildings across from Redmond Regional Medical Center. The project includes 24 one bedroom, one bath units and 60 two-bedroom, one-bath units.

 


Click the above for more (Gateway Management).
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