Smyrna waives developer fees for selected properties
by Bridgette Bonner
March 20, 2013 12:30 AM | 1907 views | 9 9 comments | 7 7 recommendations | email to a friend | print
Smyrna City officials are offering incentives to get some dormant subdivisions off their hands.

The council voted Monday to waive residential development costs on about six properties throughout the city, said City Administrator Eric Taylor.

Smyrna regularly offers incentives to spur industrial and economic development, he said, but there are not any in place for residential properties.

“We’re looking for a way to get these projects moving,” Taylor said. “We need to spur interest in those properties and get them off the books.”

The developments were all zoned residential before 2009, Taylor said, and have become dormant since the nationwide economic crash. offered to take over to complete the project associated with Village Walk subdivision. Most of the residential developments either stalled or fell into foreclosure at various stages of construction.

The incentives can vary, Taylor said, based on the conditions and sizes of each property, but all will include waiving residential development costs. The new ordinance allows the city council to waive up to 50 percent of the development costs.
Comments
(9)
Comments-icon Post a Comment
mk-the truth
|
March 23, 2013
The truth in Smyrna is that the city is nothing but a propaganda machine.

Alive & abundant?

Absolutely nothing to back that logo.

No new resturants, no new businesses, no quality development interested in coming here.

There is a good reason some of the areas along 285 want to change from a Smyrna address & zipcode to Vining's 30339. Vining's IS a prestige address, Smyrna not.
BoyHeMi
|
March 25, 2013
Nobody listens to you they just think you are an elderly Kookendoll.
to MK
|
March 21, 2013
Nothing you say makes any sense. Just a blubbering fool in love with Decatur, Inman Park

and 4th Ward Atlanta. We sense you are already

there. Why not move the rest of your self on over to Decatur before you die in Smyrna, that would be ludicrous to live & die in Smyrna!!!!!

Civic-mind
|
March 21, 2013
I am assuming the previous posts were about the proposed Village Walk subdivision? Where did you get the anticipated home/condo prices? Certainly not from the article you are commenting on.

I know we are all eager for the city to rid itself of foreclosure property, but we do have to live with the consequences of what is built on that land.
anonymous
|
March 23, 2013
I do understand your concern, however, since when did you get to say what gets built and how much it should cost? What consequences would you have to live with if $200K homes are built? What do you mean by that? Homes less than $200K should be demolished and people run out of your town? I think you are misplaced from Beverly Hills 90210. Go back.
Civic-minded
|
March 25, 2013
@anonymous,

If you believe that developers always build what is best for our community I disagree.

If you not believe in the concepts of planned development and zoning, then we disagree.

Zoning is not communism. It is citizens protecting their community's future and protecting their property values and quality of life.

I still see no evidence for $200,000 homes or homes of any price based on the article cited in these comments. Is it speculation or do you have some source for these prices?

Read more: The Marietta Daily Journal - Smyrna waives developer fees

mk- taco stand
|
March 20, 2013
Smyrna officials are in total denial.

City approved yet another run of the mill townhome community w/ a 200,000 price point. And this is the HEART of downtown Smyrna?

Begging ANYONE to just build ANYTHING is not a very good downtown , economic plan for a better future.

This continued type of development LOWERS land value throughout Smyrna.

Problem is- there is no-one in Smyrna government that understands the concept of building a MODERN, EDUCATED, MINDFUL, WALKABLE, ENVIRONMENTAL friendly city.

Lightpole banners that boast 'alive & abundant', are merely hopeful propaganda..

Look at what Woodstock Downtown is doing. Homes & townhomes surrounding downtown range from mid 200's up to 500's. They're all built w/ lush, landscaped paths & outdoor spaces, welcoming everyone to participate in the community.

Even the new Woodstock West by Walton Apartments was built as PART of a connected community.

Resturants & businesses are opening every week there!! Same for Suwanee, Duluth & Chamblee. Fun, trendy architecture.

Look along the Beltline. See innovative style like Misty Ridge Hill & Sky Hill townhomes. All kinds of liveable neighborhoods, condos , lofts and apartments in Inman Park, 4th Ward and connecting to Decatur.

Why does Smyrna keep chasing such a tired, outdated city model,.. that obviously is not working?
johnnygalt
|
March 20, 2013
It sounds like you've been reading too many real estate marketing brochures. Smyrna's biggest problem is too many rentals (especially apartments). However - overall more people moved to Smyrna than any other part of Cobb last year. So - apparently people want to live there. BTW - if a builder thinks he can sell half million dollar condos - he will propose it. If he thinks he can sell at the most 200k condos - then that's what he will propose.
anonymous
|
March 23, 2013
It's working for me (if I matter as much as you do).
*We welcome your comments on the stories and issues of the day and seek to provide a forum for the community to voice opinions. All comments are subject to moderator approval before being made visible on the website but are not edited. The use of profanity, obscene and vulgar language, hate speech, and racial slurs is strictly prohibited. Advertisements, promotions, and spam will also be rejected. Please read our terms of service for full guides