A new development will include two affordable housing communities. | Stock Photo
A new development will include two affordable housing communities. | Stock Photo
Zimmerman Properties and TriStar are beginning construction on new villas in Mt. Zion in Clayton County, just south of Atlanta.
The development is the first in a strategic alliance between Zimmerman and TriStar for affordable housing, according to a TriStar press release.
The development consists of two affordable housing communities: the Villas at Mt. Zion independent living community (age 55+) and the Flats at Mt. Zion, targeting families with children who attend Mt. Zion elementary and primary schools, according to the release.
"Through the alliance, Zimmerman and TriStar will build and operate affordable housing communities that offer innovative wraparound services focusing on the education, social and emotional wellbeing of its residents," Bob Davidson, COO of Zimmerman Properties, said in the press release.
Early Learning Center will provide residents of the development free on-site services that include an after-school program for kindergarten through fifth grade, healthy living and eating classes, general wellness programs, community gardening and summer camps, the press release said.
Additionally, the development will have a gated entry, swimming pool, exercise facility, computer library, playgrounds, outdoor garden and a wellness center.
"A groundbreaking ceremony is being planned at the construction site (3297 Mount Zion Road, Stockbridge, Georgia), and will be followed by a formal grand opening (after) construction," Davidson said in the press release. "We look forward to inviting all collaborators and supporters to those two events."
Zimmerman Properties, an affordable housing builder and developer, and TriStar, an investment firm focused on commercial real estate and mission-based affordable housing funds, are both based in Atlanta, according to the release.
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