About 285 apartments anticipated in Decatur Whole Foods Development
Plans for a development featuring a Whole Foods store near Decatur feature roughly 285 apartments, with 10 percent of those at “work force” rates.
This was revealed during a Thursday update from Jeff Garrison, partner with developer S.J. Collins, and John Bell, partner with builders Terwilliger Pappas.
The work force rate, Bell said, is based on 80 percent of the area’s median income, currently $54,000 annually. That median figure, however, is expected to increase before the apartments open. The market rates for the one-, two- and three-bedroom apartments range from a little over $1,000 a month to over $2,000.
Bell said his company’s hoping to attract teachers, nurses, police and fire fighters to the work force units.
The development’s anchor is a 365 By Whole Foods, which at 35,000 square feet, will be the largest 365 in the country. Though not ready to name tenants, Garrison said the project also features five restaurants, a combination of sit-downs and “fast/casual.”
He hopes to begin construction on the 13.5-acre project early next year, with the first apartments and the Whole Foods opening in the June-September 2018 period.