Kings Lake Town Homes Matching Six Flags Drive Corridor Study

Austell, GA, November 22, 2007 --(PR.com)-- Kings Lake Development, LLC new 125-townhome community Kings Lake Town Homes presents the housing development opportunities desired in Six Flags Drive Corridor Study. Allowing for luxury townhomes in the Six Flags area and providing an upscale community that would add value to a mixed use location.

“We wanted to bring the residents of Southwest Cobb the same luxuries found in many other communities but without the expensive price attachments," Said Derrick Harris, Managing Partner of Kings Lake Development, LLC. "This kind of development, in this area, has been a long time coming."

What makes Kings Lake Town Homes unique to the Six Flags area is that the community offers an “Affordable Luxury” niche for residents. Featuring striking amenities such as 3 & 4 bedrooms, 2 car garages, gated community, 9ft. ceilings throughout, master bedroom balcony, vaulted master bedroom ceiling, oversized walk-in closets, grand style kitchen, Atlanta skyline, lakefront view, luxury standard upgrades, and more. Starting in a price range from the $170s and presenting Six Flags area residents with an alternative option to having affordable luxury lifestyles.

Commissioner Annette Kesting of District 4 released a statement that she is "very excited about the new town homes development and truly believe that this development will help the Six Flags area to thrive."

The Six Flags Drive Corridor surfaced after Cobb County Department of Transportation hosted a workshop on pedestrian safety and mobility along Six Flags Drive in Atlanta, Georgia. In January of 2006 during Cobb County Board of Commissioners’ annual retreat Commissioner Annette Kesting of District 4 urged the County to take an in-depth look into Six Flags Drive Corridor.

Six Flags Drive Corridor Study Objectives:

• Promote transportation alternatives in the planning process such as transit, bicycle facilities pedestrian infrastructure and other alternative modes of travel;

• Propose changes to the Cobb County Zoning Ordinance and Comprehensive Plan along the corridor in order to encourage revitalization or redevelopment of declining land uses;

• Encourage housing types and densities needed to support desired economic growth along the corridor.

The corridor addresses a substantial market for new housing opportunities in the area. Identifying that there will be a demand for a total of 6,328 housing units by 2020 in the primary market area and 21,033 housing units in the secondary market area. Completing in order for the supply of housing to meet this market demand there will be a need for 4,420 new and redeveloped housing units in the primary market area and 11,831 new and redeveloped housing units in the secondary market area. Which would mean that the creation of approximately 211 new housing units within the primary market area annually.

The corridor request that the homes being created in the primary market area should include a variety of types that includes townhomes, condominiums, and some single-family detached units.

Media Contact:
Mosnar Communications, Inc CR Cataunya Ransom (678) 499-1602 option 1.

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