29.10.2018 Views

1736 Magazine - Fall 2018

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

A traffic roundabout, also called a traffic circle, being<br />

built along Twiggs Street near the intersection with 7th<br />

Street in Augusta, Ga<br />

PHOTO BY MICHAEL HOLAHAN<br />

than the corner of Wrightsboro Road and R.A.<br />

Dent Boulevard, where the city and its development<br />

partner is building an upscale 221-unit<br />

market-rate apartment complex called Foundry<br />

Place. The $30 million partnership between the<br />

city and Columbia Ventures<br />

of Atlanta is designed<br />

to boost the low-income<br />

neighborhood’s per-capita<br />

The Foundry is<br />

important because<br />

it’s an economic<br />

stimulus. It needed<br />

to happen.<br />

Hawthorne Welcher<br />

income to attract new businesses.<br />

The neighborhood was a<br />

center of black commerce<br />

during the segregation era.<br />

However, the once-thriving<br />

area started declining in the<br />

1950s and ‘60 as black consumers<br />

began to move and<br />

shop elsewhere.<br />

Dozens of abandoned and<br />

dilapidated homes have been<br />

demolished, but more work<br />

is needed, City Administrator<br />

Janice Allen Jackson said.<br />

“Although we dedicate hundreds of thousands<br />

of dollars each year to demolition and mowing<br />

vacant lots, that degree of resources is only the<br />

tip of the iceberg compared to the total need,”<br />

she said.<br />

City leaders in 2008 adopted a special hotel/<br />

motel tax fund to assist with revitalization efforts,<br />

including the Heritage<br />

Pine neighborhood on Pine<br />

Street in 2011, Twiggs Circle in<br />

2014 and the Legacy at Walton<br />

Green apartments in 2016.<br />

But no<br />

project is more<br />

ambitious than<br />

the Foundry<br />

Place, the<br />

largest-single<br />

investment<br />

in the<br />

Laney-Walker/<br />

Bethlehem<br />

area in more than 50 years.<br />

The $900- to $1,200- a month<br />

apartment community is being<br />

built on a 7.6-acre former<br />

brownfield site across the street<br />

from Augusta University’s Dental<br />

College of Georgia.<br />

The development, along with<br />

a soon-to-be-announced 60- to 70-unit complex<br />

on Laney-Walker Boulevard, is part of Welcher’s<br />

strategy to “hurriedly repopulate” the area with<br />

higher-income residents who can attract businesses,<br />

such as pharmacies and grocery stores,<br />

and eventually job-creating industries.<br />

“The Foundry is important because it’s an economic<br />

stimulus. It needed to happen,” Welcher<br />

PHOTO BY MICHAEL HOLAHAN<br />

34 u <strong>1736</strong>magazine.com

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!