The applicant, Peachtree Broad, LLC proposes to demolish existing structures on the 4.8 acre site and build a mixed-use development with four buildings of 4-stories each, containing 236 apartments (246,000 sq. ft.), about 10,000 sq. ft. for leasing office and amenity space, and about 16,500 sq. ft. of commercial retail space to be built in two phases. The center of the site contains a multi-story parking garage.
The existing property is underutilized land consisting of a mixture of vacant property and a vacant one-story building. The north eastern part of the site contains several abandoned parking lots and concrete slabs. The central portion is a vacant wooded site and the southwestern portion of the subject property contains a one-story building on Broad Street that was formerly an antique store and it would be demolished. (From the 16 December 2014 City Council)