Athens Housing Authority 300 S. Rocksprings St. P.O. Box 1469 Athens GA 30603-1469 Telephone: 706.425.5300 www.athenshousing.org For Release: Immediately Contact: Marilyn Appleby, Communications Director, 706.425.5367; 706-202-1506 mappleby@athenshousing.org Groundbreaking for Columbia Brookside The Athens Housing Authority and Columbia Residential will host a groundbreaking ceremony for the construction of Columbia Brookside on Wed., Oct. 23, 2013 at 11 a.m. at the former Jack R. Wells (Pauldoe) public housing site located on Hawthorne Ave. Mayor Nancy Denson will join representatives from the U.S. Department and Urban Development (HUD), the Georgia Department of Community Affairs (DCA), and development partners the Athens Housing Authority and Columbia Residential for the ceremony to celebrate the beginning of construction on Columbia Brookside, the first mixed-income multi-family community in Athens. more Columbia Brookside 2-2-2 Phase I of Columbia Brookside will be a 100-unit senior living residence that will include community areas such as meeting space, kitchen, fitness center, and an auditorium for movies, lectures, and programs. Phase 1 will be ready for occupancy during the fall of 2014. Two additional phases are slated for construction and will include two-, three-, and four bedroom apartments and should be completed in 2015 and 2016, respectively. The Columbia Brookside community will offer a variety of amenities for individuals and families including green spaces, a water recreation area, tennis courts, community centers, and walking trails. “Today’s groundbreaking for Columbia Brookside is the culmination of years of hard work by our Board of Commissioners, our development partner Columbia Residential, residents, the community, and our staff. The goal of developing a vital, thriving, mixed-income neighborhood for Athens is about to become a reality,” said Rick Parker, Athens Housing Authority Executive Director. “With the establishment of the UGA Health Sciences Campus, the Hawthorne Avenue corridor between our community’s health centers takes on new importance. It is our hope that this development can serve as a catalyst for the growth and revitalization of this area. Caterpillar’s arrival shows that Athens-Clarke County is growing and on the move. The Athens Housing Authority, along with Columbia Residential, looks forward to providing a variety of housing in a unique neighborhood to meet our community’s growing needs.” -more- Columbia Brookside 3-3-3 Development partner Columbia Residential is one of the nation’s leading developers and managers of multi-family, affordable and mixed-income housing and has transformed more than 40 multi-family neighborhoods across the Southeast. Columbia Residential has been instrumental in developing multi-family mixed income neighbors in New Orleans in the post-Hurricane Katrina years. “All of our partners have worked extremely hard preparing to break ground on Columbia Brookside, and today’s ceremony is a culmination of those efforts,” said Noel Khalil, founder and CEO of Columbia Residential. “We have learned a lot about the needs of the community through multiple neighborhood associations and organizations, and this community will be an essential part of the overall revitalization effort in Athens. It is our mission to not only improve the quality of affordable housing options in Athens, but to also improve the quality of life with a more walkable neighborhood, multiple playgrounds and parks and Energy Star appliances to ultimately reduce utility costs for residents.” The new community will be developed utilizing funds from multiple sources including: DCA provided tax credit through SunTrust Community Capital LLC, U.S. Department of Housing and Urban Development capital funds, AHA non-federal funds, Athens-Clarke County HOME and special program funds. Construction financing will be provided by SunTrust Bank. A new partnership corporation created by Columbia Residential and the Athens Housing Authority will serve as developer/owner with Walton Construction as the general contractor for the project. -30- About Columbia Residential Founded in 1991, Columbia Residential is Atlanta’s leading developer and manager of affordable and mixedincome multifamily housing communities. Columbia manages nearly 6,000 units in metro Atlanta and is known for award winning design, construction quality and responsive property management. Columbia Residential provides quality, safe and affordable housing for moderate to low-income families that not only meet the needs of residents, but also satisfy the aesthetic standards of the community. Columbia Residential regularly wins national and regional awards for architectural excellence, including most recently the ULI Atlanta 2013 Development of Excellence and a 2013 NAHB Pillars of the Industry finalist designation for best affordable community, at its most recently completed senior community. About the Athens Housing Authority The Athens Housing Authority was established in 1938 for the development, administration, and management of public housing in the community. In addition, the Housing Authority has built and sold 24 homes under its affordable homeownership program, ACT I Homes. Savannah Heights, a mixed income subdivision was also developed by the Housing Authority and a local developer.