City Responds to Question of “How Much Development is Too Much Development?”
Decatur Metro | March 19, 2014 | 10:45 amIn an article included in the March issue of the Decatur Focus, city staff recount how “History has shown us that development in Decatur comes in short bursts followed by lulls with little to no development.” The article goes on to detail the various spurts of commercial development over the last 50+ years, before addressing current development projects…
Now after a five-year quiet period, we find ourselves in another development cycle that has folks asking the age-old question referenced in the first sentence above. Yes, there are several projects coming on line over the next few years. Many of these projects were in progress before the great recession hit and are coming back to life as access to financing returns. The 315 West Ponce apartment development is currently underway. Other apartment developments have been approved behind the Fidelity building and on the Trinity Triangle parcel between Dairy Queen and Twain’s. Like the condominium developments in the previous decade, the apartment developments are responding to a big hole in our housing market. The majority of these developments will be one-bedroom with some two-bedroom units and efficiency units included in the mix. Only a very few three-bedroom units are planned in one of these buildings. The primary market for these apartments is young professionals in an age group and income bracket that is finding the road to homeownership much more difficult these days.It is interesting to point out that during the 1970s our city used a number of creative development options to provide different types of alternative housing in and around single-family neighborhoods. Townhouse developments along the eastern edge of Commerce Drive and in the area of Sycamore Drive provided a transition zone between single-family neighborhoods. Cutting-edge cluster home developments like Charter Square on W. Trinity Place and Wimberly Court off of Upland Road were successfully developed along with similar projects on Pinetree Drive and throughout other Decatur neighborhoods.For the first time, a type of home ownership other than traditional single-family was possible in our city. New neighborhood developments like Swanton Heights, Rosewalk and Sycamore Ridge continued this trend in the 1990s. Although each of these developments was initially met with public skepticism they continue to be populated with some of our most active and supportive residents just as we found with the mid-rise condominiums constructed. We expect the same experience with the apartment units that will soon join our housing mix. These new residents are attracted to the Decatur lifestyle and will bring a younger demographic to help balance our diversity.