Developers hope mixed-use development helps create downtown Warner Robins
A new mixed-use development was awarded its tax credit at the Warner Robins City Council meeting Monday.
The development will be located across from the VECTR Center and near Memorial Park.
It will be part affordable housing and part competitive rates. It'll include an apartment complex, town homes, rooftops and businesses.
The goal if the project is to create a downtown area in Warner Robins.
"It is crucial because now we across from the Air Force base, we'll have people downtown that will be able to utilize some of the amenities that we will that we will actually create to create a downtown," said Gary Lee, Director of the Redevelopment Agency. "It's just not about commercial circle, our downtown will assume all of this area down here."
Now that the development company, Pennrose, was granted the nine percent low income tax credit by the Georgia Department of Community Affairs, they can begin designing the project.
Aman Martin, a senior developer with Pennrose, said the tax credits will be the key financial source for the $55 million construction project.
They hope to begin the first phase by the end of next summer. It will be 90 mixed-income units.