Downtown Augusta sees more growth with new apartments
AUGUSTA, Ga. (WRDW/WAGT) - An apartment building boom is underway in Augusta.
Hundreds of units are in their final phases, while another set of projects prepare to get underway.
Development isn’t slowing down throughout Augusta.
From what you see downtown to over by Sibley Mill, millions of dollars worth of housing investment is coming fast.
Construction, planning and bringing more growth to downtown Augusta’s apartment space is just getting started.
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The Downtown Development Authority says it’s planning for the future with more than 400 apartment spaces finished last year, 270 plus in construction and more in the planning phases.
“If you add those numbers together, that’s 1,200 living units that are going to be added to the downtown inventory. And so, we’re getting closer and closer to our goal,” said Downtown Development Authority Executive Director Margaret Woodard.
Woodard says they’re meeting the demand of a young growing workforce.
“We’re seeing a lot of young professionals move downtown because of our cyber and medical communities, we see a lot of those professionals living downtown,” she said.
From new developments in the works, like Sibley Mill and The Lenox, Woodard says they will be working to bring housing options for different budgets.
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“We’re working with a developer right now on workforce housing, adding 60 units of workforce housing, which are for your teachers, your nurses, your police officers. So, there’s a price point for there, but we feel like there’s a price point for everybody,” said Woodard.
She says the goal is to have 8,000 housing units by the mid-2030s.
Doing that will ensure future growth and a strong-rooted foundation for the heart of the Garden City.
“Developing new multi-family apartment complexes, things like that, because the more people you have downtown, the more 24/7 feel you have, and the more businesses you attract,” said Woodard.
More than 500 new housing units are still in the early stages of development.
The Development Authority says there will be something for everyone.
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