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HearthSide Towne Lake - Active Adult, Mixed-Income, 55+ - One Street Residential

DEVELOPMENT INFORMATION

HearthSide Towne Lake

HearthSide Towne Lake

HearthSide Towne Lake was conceived in 2009 during the height of the national recession and period of economic uncertainty. When representatives of OneStreet first visited the site, they saw a vacant and abandoned partially developed townhome subdivision. OneStreet reprogrammed the site for senior housing, which removed a vacant eyesore from the community, alleviated the financial burden on a local lending institution, created tax dollars for the local government, and ensured a successful completion of the overall mixed-use development. In addition to developing HearthSide Towne Lake, the remainder of the site was developed as a medical office building for the Pinnacle Orthopedics and Sports medical group.

The project’s success was due to OneStreet’s site plan efficiency and creativity. To minimize project costs and maintain a financially feasible project, we did not alter the site. Instead, we worked within the severely sloped topography and previously constructed retaining walls and utilized an existing road as the entrance boulevard. This resulted in a site planning challenge to reach the 100-unit size, plus surface parking, on 3.5 acres of useable land needed for feasibility.

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Location :

Woodstock, GA

Property Size :

100 Units

Property type :

Active Adult, Mixed-Income, 55+

sustainability certification :

EarthCraft

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