Hinds County Economic Development Authority | P.O.Box 248 | Jackson, MS 39205 | Ph. (601) 353-6056
Cook County, GA Economic Development Commission

229.896.2575

News

Keep Checking Back for all the latest news on Cook County EDC.

Adel plans for growth with new housing

Adel Mayor Buddy Duke recently spoke about new housing as part of the City of Adel’s presentation for a site visit to be designated as a PlanFirst Community.

 

Now that Bear Creek Village has opened with 56 units, other major housing development projects are in the works. Mayor Duke said demographics have shown a need for new housing in the community.

 

The Georgia Department of Community Affairs (DCA) awarded federal housing tax credits for the Bear Creek Village project off of East James Street.

 

Bear Creek Village will mean “56 front doors and 150 to 200 residents with somewhere decent to live,” Mayor Duke said during the project’s ribbon cutting in August 2016. He commended the project’s developer/owner Mark Karras and his wife Patti for tying their success to that of Cook County. “We look for this to be a long-lasting relationship,” Duke said.

 

Karras expressed appreciation to City of Adel officials, the Chamber, and other community leaders for being so supportive of the project. “We’re excited about being able to provide affordable housing for local working families,” he said. “Cities like Adel need this type of housing.” He plans to develop several other similar projects in communities like Adel.

 

Great Southern Contractors of Valdosta, an experienced tax credit contractor, worked on the project.

 

Karras joined Regions Bank and NS State Tax Credit Fund, LLC, as limited partners in the project. Regions Bank and NS State Tax Credit Fund have sold federal and state housing tax credits, respectively, to finance the project. Karras said approval for housing tax credits is a very competitive process and he had been working to bring the Bear Creek Village project to life for three to four years.

 

The complex was built at a cost of $6.5 million. Rental rates for one- to three-bedroom units range from $365 to $490.

 

Improvements by the City of Adel included two connections to the water main to satisfy their looped system, including hydrants, inside of the development. Also, minor drainage improvements were provided to handle water to the creek, and an access road was paved into and adjacent to the complex.

 

The Timbers, a gated community with 132 units, is in the works to improve a currently blighted area in the City of Adel.

 

This complex has been rezoned from R10-Residential to R8-Residential, which will increase the number of units from 12 units per acre to 18 units per acre. The complex will have a walking trail around it. There will be a water main extension for looped lines inside of the complex and for hydrants. There will be access improvement to the property from Highway 37.

 

The project cost is estimated between $5 million and $7 million.

 

The Hutchinson Crossing development will be located on Highway 41 South and by 16th Street.

 

The City of Adel passed a Resolution of Support in June 2015 for the 48-unit complex.

 

The cost is estimated between $6 million and $7 million. The development will have a park, green space and a walking trail, as well as sidewalks and/or streetscapes. The company intends to submit the project in the 2018 funding cycle.

 

The City of Adel and Housing Authority are considering the replacement of 18 public housing units built in the 1950s on what is now MLK Street.

 

Sixty (60) public housing units are located in Adel. Rental assistance is 30 percent of annual income. The units are upgraded on a regular basis and are handled out of Nashville, Ga. The Housing Authority is looking for sites to upgrade and build modern units.


Add to Report
View Report
  • View Megasite Video
  • Sites & Buildings
  • Interactive Map
  • News & Events
  • ACCELER-UP
Cook County Map
Upcoming News and Events
01
Nov

Replacement hospital to open by summer 2019

As a result of tremendous community support, Cook County went from the real possibility of… ...read more link

01
Nov

LINDE: BIGGEST INDUSTRY INVESTMENT EVER IN COOK COUNTY

The groundbreaking for the Linde Group’s $40 million atmospheric gases plant in Cook County was… ...read more link

01
Nov

Community enjoys growth in business and industry

Adel-Cook County’s second industrial park consists of the 3,000-acre megasite and the 350-acre GRAD site.… ...read more link


Click here for more News and Events

SITE SELECTION

Acceler-Up

Megasite Video

Target Sectors

Sites and Buildings

Incentives and Advantages

Utilities

Logistics and Infrastructure

REGIONAL DATA

Interactive Map

Area Profile

Demographics

Labor Force

Transportation

Drive Time Radius

Workforce and Training

COOK COUNTY ADVANTAGES

Existing Industries

Industry Testimonials

Cost of Doing Business

About Cook County

RESOURCES

News and Events

Photo Galleries

Chamber of Commerce

LIVING HERE

Civic Clubs

Faith

Arts and Culture

Healthcare

Residential

Climate

Recreation

Education

ABOUT

Cook County EDC

Board

Staff

Directions and Google Map