DeKalb County officials celebrate grand opening of Starnes Senior Residences

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Pictured L-R: Housing Development Corporation (HDC) President John Corcoran; HDC Senior Construction Manager Tim Johnson; HDC Development Project Manager Dorothy Bell; DeKalb County Community Development Director Allen Mitchell; DeKalb County Super District 6 Commissioner Edward “Ted” Terry; Housing Authority of DeKalb County Commissioner Dr. Thomas L. Coleman; City of Clarkston Interim City Manager Shawanna Qawiy; Beverly J. Searles Foundation President Philip E. Searles; DeKalb County District 4 Commissioner Steve Bradshaw; Georgia Department of Community Affairs Multifamily Construction Service Manager Sherrie Potter; Prestwick Construction Company Senior Project Manager Mike Sims; and HDC VP of Development Keri Taylor-Spann.  Photo provided Housing Authority of DeKalb County.

 

DeKalb County officials celebrate grand opening of Starnes Senior Residences

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CLARKSTON, GA – The Housing Authority of DeKalb County (HADC) and the Housing Development Corporation (HDC) celebrated the grand opening of Starnes Senior Residences in Clarkston, GA on Nov. 4. Starnes Senior Residences is a 128-unit new construction senior community built and designed for independent seniors aged 62 and older.

The Housing Development Corporation (HDC) served as the lead co-developer on this project, alongside the Beverly J. Searles Foundation.

Starnes Senior Residences was financed utilizing tax-exempt bonds and 4% Low-Income Housing Tax Credits (LIHTC). The community consists of one-bedroom apartment homes ranging from 568 to 724 square feet with many units including outdoor patios. Within the community are 10 Project Based Voucher (PBV) units administered by the Housing Authority of DeKalb County (HADC).

Starnes Senior Residences is a four-story mid-rise building community that is situated adjacent to the Georgia Piedmont Technical College Foundation’s Starnes Center. Amenities include a computer/business center, a community room, a fitness center, a wellness center, an arts and crafts center, and a courtyard with an outdoor gazebo and community garden.

Luxury meets affordability at Starnes Senior Residences, where modern comforts and conveniences pair with and urban flair and neighborhood charm. Starnes Senior Residences offers accessibility throughout – including a covered drop-off area, adequate designated handicapped parking, elevators, and more. Designed to allow residents to thrive, the community offers well-appointed interiors and amenities ranging from 24-hour emergency maintenance service and washer and dryer connections as well as on-site laundry facilities, to internet access. Resident Services offers regularly organized wellness and social activities for all residents.

Completed earlier this year, the community is currently in the lease-up stage, with approximately 50 percent of the units currently occupied.

Prestwick Construction served as the builder for the project. Finance partners include Bank OZK, NorthMarq, RBC Capital Markets, US Bank, HOME – DeKalb County Community Development, Georgia Department of Community Affairs, and Cadence Bank.

Starnes Senior Residences ownership entity includes the HADC’s not-for-profit Real Estate and Acquisition affiliate, Housing Development Corporation (HDC), the Beverly J. Searles Foundation, and RBC as the Limited Partner.

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