ATLANTA, Sept. 1, 2021 /PRNewswire/ — Zimmerman Homes announces the closing and graduation of development on Villas at Mt. Zion and Flats at Mt. Zion in Clayton County, Ga, quickly south of Atlanta. These developments are the very first transactions closed in a strategic alliance among Zimmerman, an economical housing builder and developer, and TriStar, an financial commitment business focused on professional actual estate and mission-centered inexpensive housing money.
“As a result of the alliance, Zimmerman and TriStar will make and run economical housing communities that give ground breaking wraparound products and services concentrating on the education, social and psychological wellbeing of its inhabitants,” states Bob Davidson, COO, Zimmerman Attributes. “We are thrilled about both equally the collaboration and the innovative areas of this initiative.”
The growth is made up of two affordable housing communities: the Villas at Mt Zion, a 96-unit senior, unbiased living local community (age 55+), and the Flats at Mt Zion, a 210-device multi-relatives community concentrating on people with small children who attend Mt. Zion Elementary and Major Universities. Davidson suggests the development will include gated entry with reciprocal easements to allow for all residents the ability to appreciate the swimming pool, exercise facility, computer library, playgrounds, outside back garden, wellness heart and the Early Discovering Heart (ELC).
The ELC will be staffed by Star-C, Inc., an Atlanta dependent 501(c)3 non-earnings community corporation, which will deliver residents of the growth absolutely free on-site wraparound companies that incorporate an following-university application for children kindergarten as a result of fifth grade, wholesome residing and ingesting lessons, basic wellness programs, group gardening and summer camps.
TriStar Partner W. Duncan Gibbs, notes that the Mt. Zion improvement came to fruition by the collaboration of a number of persons and companies, particularly the Clayton County Board of Commissioners and their governmental departments, such as Group Growth, Transportation and Improvement, and Hearth and Emergency Solutions, as properly as the Clayton County Public College system and its Board of Instruction and Superintendents. Gibbs also thanked and mentioned the cooperation of the Housing Authority of Clayton County and its Board of Directors for doing work by means of the land acquisition and bond issuance for the improvement.
Gibbs and Davidson also acknowledge the quite a few other collaborators aiding structure, finance and construct the Villas at Mt. Zion and the Flats at Mt. Zion, especially mainly because “several went previously mentioned and past to retain us going on this in the course of the COVID pandemic:” the Housing Authority of Clayton County, Summit Contracting Group, Inc., Wilhoit Properties, Inc., Raymond James Tax Credit score Cash, Sugar Creek Cash, Financial institution of The united states, N.A., KeyBank True Estate Money / Fannie Mae, KeyBanc Cash Marketplaces, Coleman Talley LLP, Regulation Office environment of Kenneth D. Brown, McGuireWoods LLP, Kutak Rock LLP, Tiber Hudson LLC, and Ga Department of Neighborhood Affairs, Office environment of Housing Finance.
“A floor-breaking ceremony is remaining planned at the design web page (3297 Mount Zion Road, Stockbridge, Georgia 30281),” Davidson suggests, “and will be followed by a formal grand opening at the completion of development. We glance forward to inviting all collaborators and supporters to these two functions.”
Reality sheets and visuals for the Villas at Mt. Zion and the Flats at Mt. Zion are readily available, as very well as further more information on Zimmerman, TriStar and Star-C.
Media/comms make contact with
B. Andrew (Drew) Plant
Other vital contacts
Bob Davidson, Zimmerman Attributes, LLC, 417-890-3205
Tab Bullard, Zimmerman Homes SE, LLC, 770-314-3544
W. Duncan Gibbs, III, TriStar, LLC, 404-698-3535
Audrea Rease, Star-C, Inc., 404-698-3535