Construction crews are working on a property near Riverstone Village in Canton to develop a senior apartment complex, which will will further Meridian Development’s influence in the area.
Meridian, which developed Riverstone Village off Reinhardt College Parkway and other local projects, has kicked off construction on its largest project to date, which will bring 120 age-restricted apartments for people 55 and older between the Riverstone Village shopping canter and the Commons at Riverstone office complex. The development will reside on 4.28 acres at a density of 28 units per acre, with 134 parking spaces. The height of the complex is limited to 60 feet, up to four stories.
The 167,000-square-foot active senior community kicked off construction last month. Meridian Business Development Manager Luke McCurry said the initial concrete on the project was laid in August, and the company is aiming to open the doors to its new complex in November 2022.
McCurry said the development, which has not yet been named, is the company’s largest project by total square-footage and is its first venture in developing multi-family housing.
The development will offer one- and two-bedroom apartments. Meridian expects to begin pre-leasing units in August or September 2022.
Amenities for the complex are slated to include a tap bar, where residents can swipe a card and pour their own draft beer, a pool, workout facility, a lounge and rooftop features, McCurry said, though he added this early in development some aspects of the buildings could be altered.
“We are developing this project to be one the best, top-of-the-line, luxury style senior living apartment complexes in the north metro area,” McCurry said. “It will add tremendously to Canton’s identity.”
The Canton City Council approved a conditional use permit for the project in fall 2019 after it received a recommendation of approval from the city’s Planning Commission. The Council voted 3-1 with councilman Jack Goodwin opposed.
According to city documents, the complex required an amendment to Canton’s Riverstone Master Plan, which carries a limit of 15 units per acre on the site’s zoning.