Traton Homes has asked for rezoning of 10 acres on Montgomery and Cole streets in the middle of the city, to be named Montgomery Park. It would contain 45 homes selling for upwards of $280,000, ready to move in next year.
City Councilman Anthony Coleman told the Journal earlier that the location of the subdivision, less than a mile from the Square, will be attractive to new homebuyers.
“It’s centrally located to downtown. It’s accessible to local businesses,” he said. “Churches will probably welcome the development because they can reach out to the community. I’m really excited about that. Marietta wants to see workforce people in homes that have schoolchildren in the neighborhood. It makes for a better community to have young business professionals there.”
A hiccup in the construction schedule is a requirement for “four-sided architecture,” which is also on the agenda Wednesday night.
“Because this is a planned development, there is a requirement that the house elevations meet a four-sided architecture standard,” city planner Shelby Little wrote in a memo Feb. 8. “The zoning ordinance defines this as all four sides of a building being compatible.”
Council members seek to appoint a committee to define the term in more “user-friendly language” before asking Traton to adhere to it.
Chris Poston, Traton senior vice president, suggested an alternative definition, asking for the homes to be “traditional in nature.”
The description includes shutters on the front and side exteriors only.
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So without loans and with home values dirt bottom the home market is as flat as the economy.
Welcome to the recession 6 years and counting.