Mixed Use Development with Apartments Planned for Commerce Drive Bank of America Site
Decatur Metro | August 8, 2012As mentioned by Mayor Bill Floyd at the end of Monday night’s Decatur City Commission meeting, the Planning Commission is preparing to hear a density bonus request from the property owner of the Bank of America site at 163 Clairemont Avenue, who plans to build a six-story mixed use structure on the site. According to information included in the staff report, the development will offer apartment rentals, the first Decatur development to do so since the Ice House Lofts back in 2001.
According to the developer’s application, the development will include 192 dwelling units (14% studios, 60% 1 bedrooms and 26% 2 bedrooms), 10,000 square feet of retail space, and a 5 level parking deck with 300 spaces. For comparison purposes, 192 units is slightly larger than both the Artisan and the Renaissance developments.