0
0
0

Real estate investor, local developer team up for Clayton County affordable-housing community

by John Yellig

Image courtesy of TriStar LLC.

Local multifamily developer Zimmerman Properties and investment firm TriStar LLC formed a strategic alliance to develop two affordable-housing communities in Clayton County.

The Flats at Mt. Zion will be a 210-unit apartment community aimed at families with children attending Mt. Zion elementary and primary schools, and the Villas at Mt. Zion will be a 96-unit independent-living residence for people 55 years old and older.

The two communities will be part of a single, gated development sharing a swimming pool, exercise facility, wellness center and other amenities. The community will also have the Early Learning Center, which will be staffed by Star-C Inc., an Atlanta-based nonprofit organization that provides residents with free on-site services, including an after-school program for children in kindergarten through fifth grade, summer camps and other activities.

“Through the alliance, Zimmerman and TriStar will build and operate affordable-housing communities that offer innovative wraparound services focusing on the education, social and emotional wellbeing of its residents,” Zimmerman COO Bob Davidson said in a press release. “We’re excited about both the collaboration and the innovative aspects of this initiative.”

The community will be located at 3297 Mount Zion Road in Stockbridge.

Image courtesy of Google Maps.

Read More Related to This Post

Join the conversation

[gravityform id="3" title="true" description="false" ajax="true"]