$40 Million Development Project Planned for Decatur

Carter USA's project to include 240 high-end apartments.

Atlanta-based real estate developer Carter USA is planning to construct a $40 million, mixed-use complex at 315 West Ponce de Leon Ave. in downtown Decatur, the Atlanta Business Chronicle reported.

The company, which has the 2.5-acre site under contract, is slated to make a presentation to adjoining property owners on March 13 at 7 p.m. at Decatur City Hall, 509 North McDonough St.

Carter's project calls for the construction of 240 high-end apartments and 10,000 squre feet of retail.

The plans, including sketches of what the buildings will look like are on the city of Decatur website. Copies also are available at Decatur City Hall.

A Carter spokeswoman said the company did not have an immediate comment.

The existing Decatur Court building, a 125,000-square-foot office development, is to serve as the anchor to the project.

The development follows an earlier proposed project on the site that was shelved a few years ago amid the economic downturn.

Steve March 11, 2013 at 01:39 PM
315 W Ponce, not 31 W Ponce
Ralph Ellis March 11, 2013 at 01:46 PM
Fixed it. Thanks for the note.
Stephen March 11, 2013 at 09:42 PM
Wow! They only had to purchase 2.5 acres to build 240 units! (Thats 96 units per acre.) Wow! Isn't it zoned at max 70 units/acre? Plus 10,000 s.f. commercial! Looks like a very profitable deal. Should be extra gravy to make this development really nice indeed.
Will Stelten March 18, 2013 at 06:09 PM
Too many developments are going into downtown Decatur with a similar aesthetic. Decatur needs to demand a higher design standard, and encourage more creativity and variety. Is there a design review process?
Missy Koefod May 14, 2013 at 12:16 PM
Will, I agree. There are so many modern glass buildings lining a few square blocks on Peachtree street - and while I like them - they give that area of Midtown a very urban and busy (hustle bustle) feel. Decatur has always been a different kind of place, a sort of urban oasis in the city, with a more relaxed tone. It has a feeling of community and developers that come into the area should keep with the tone and feel of the neighborhood so that it retains its character!
bulldogger December 30, 2013 at 11:35 AM
Whoopeeeeee, our taxes will be going down......hahahahahahaha. You know, folks, in ten years all the old frame bungalows in Decatur will be history, replaced by those look alike monstrosities costing in the 700's. I hope the Decatur Historian is taking pictures for in fifty years, no one will know what Decatur looked like in 2014. I for one, will be glad that the 315 Ponce Building will be redone. It's always been ugly and just doesn't fit in Decatur. Now if we can condemn the new courthouse and tear it down and replace it with something that's aesthetically pleasing......sigh.


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