Is a new mixed-use development coming to the shores of Lake McIntosh?
That’s the question the Peachtree City Council faces Thursday night at its City Council meeting.
The 37-acre tract is next to Planterra Golf Course and backs up to Lake McIntosh. The planned development is named Calistoa Hill and it’s currently zoned General Industrial, but developer Jason Pace believes the site offers an extraordinary opportunity for the city to redevelop and lure the coveted millennial group to the the area.
The development would feature more than 360 multi-family units, along with 50-60 single family homes.
“This development would be luxury by choice,” Pace said.
The development would also feature 8,000 sq.ft of retail space, and offer a multi-generational appeal.
Calistoa Lake McIntosh will feature residential offerings that are inspired by the modern farmhouse, showcasing historically rooted architecture with modern flair. From apartments in five-story elevator buildings to cottages and village single-family homes with front porches for socializing with neighbors, Calistoa offers a mix of for-sale and rental housing for millennials, families, and empty-nesters alike.
The Planning Commission rejected the rezoning request April 22.
Staff said in its report to the City Council that the request for rezoning is inconsistent with the Future Land Use map and is generally inconsistent with the surrounding industrial development; therefore, staff recommends disapproval.
If the Council approved the request, staff recommended several conditions including:
• Development shall conform with the schematic master plan. Substantial changes to the plan shall require a rezoning action.
• No structures shall be permitted within the current and proposed Runway Protection Zone.
• Structures shall comply with the Transitional Surface around the Atlanta Regional Airport. Building plans submitted for construction permits shall include an estimated Finished Floor Elevation, a total building height, an estimated Top Floor Elevation, and the maximum Transitional Surface height for all portions of the proposed structure.
• The applicant agrees to place notes on the final plat indicating the proximity to the Atlanta Regional Airport and include notification with the sale and rental of each property. The applicant agrees to place similar notes in the community covenants that shall carry with the land.
• NAECO Way shall be improved to City standards from its current termination southward to TDK Boulevard.
• A paved multi-use path shall be provided within the NAECO Way right-of-way to TDK Boulevard.
• The applicant shall enter into a development agreement with the city to include, at a minimum, understandings pertaining to required improvements at the TDK Boulevard and Dividend Drive intersection.