New S.Ga. housing complex planned | News

VALDOSTA — A brand new inexpensive housing neighborhood is coming to Valdosta in 2024.

Harvest Station Residences, an $18 million four-story, 80-unit housing advanced consisting of one-, two- and three-bedroom residences in two- and three-story buildings, is deliberate for a website on the intersection of South Troup Road and Griffin Avenue, based on an announcement from IDP Properties.

IDP Properties, together with the Valdosta Housing Authority, additionally introduced being awarded $1,076,400 in federal and state housing tax credit from the Georgia Division of Group Affairs final month. The funds will additional the event of Harvest Station Residences.

Rhett Holmes, president and principal of IDP Properties, mentioned the addition of the brand new neighborhood will work hand in hand with the Metropolis of Valdosta within the ongoing transformative planning effort within the South Valdosta area.

“IDP is worked up to accomplice with the Valdosta Housing Authority and work with the Metropolis of Valdosta to take a position and revitalize this underserved space of Valdosta,” he mentioned.

Mark Barber, metropolis supervisor, mentioned town may now make use of the topic property, which was house to a number of tobacco warehouses earlier than being demolished 5 years in the past.

“The choice of this undertaking will certainly be an amazing enhance within the revitalization efforts on this space. It’s notably transferring {that a} beforehand blighted property will now serve to supply high quality residential dwellings for the neighborhood. This growth showcases the success of collaboration of private and non-private organizations,” he mentioned.

In accordance with Mark Stalvey, govt director of the Valdosta Housing Authority, Harvest Station is the primary section in a multi-phase growth on the six-acre website and will likely be “geared to households, with facilities close by, such because the McMullen Southside Library, which is at present present process a multimillion greenback renovation, Partnership Well being Heart and Payton Park. “In fulfilling our function as a supplier of high quality inexpensive housing for the residents of Valdosta, the Valdosta Housing Authority is worked up to take part as a real accomplice on this historic public-private partnership. We’re dedicated to exploring methods to carry our native residents high quality inexpensive housing via progressive partnerships similar to this, to proceed assembly our mission of offering life’s most essential want – steady inexpensive housing,” he mentioned.

Harvest Station is predicted to interrupt floor within the third quarter of 2023. Development of Harvest Station is predicted to take 14 months. As soon as full, the condominium neighborhood will likely be managed by Integrity Administration Firm.