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Zimmerman and TriStar Launch Affordable/55+ Clayton County Project
Zimmerman Properties and TriStar have launched construction on a new affordable and 55+ community in unincorporated Stockbridge in Clayton County, just south of Atlanta. The $76-million property includes the Villas at Mt Zion, a 96-unit senior, independent living community (age 55+), and the Flats at Mt Zion, a 210-unit multifamily community.
The project is the first in an alliance between Zimmerman and TriStar. It will include an Early Learning Center that will be staffed by Star-C, Inc., an Atlanta 501(c)3 nonprofit.
“On Mt. Zion and, we think, future projects, we benefit not only from our own collaboration, but from true, robust partnerships with the county, the board of commissioners, the school system, housing authority and so many other public entities,” said Bob Davidson, COO, Zimmerman Properties.
Zimerman and TriStar, with the cooperation of Star-C, are exploring similar ventures leveraging low-income housing tax credits in Birmingham, Charleston, Charlotte and Greenville.
- ◦Development
