Proposed project could add new life to old bank property

By Laura Camper /[email protected]

The aged Newnan Federal Cost savings and Financial loan setting up residence in downtown Newnan could have a new everyday living up coming year.

Very last 7 days, customers of Newnan’s Preparing and Zoning Commission accepted a certificate of appropriateness for a proposed downtown commercial and household undertaking at the website at 19 Jefferson Street created by K.A. Oldham Design.

Tracy Dunnavant, Scheduling and Zoning director for the town, claimed the job matches with the area’s Central Constructing District zoning. But it will have to go by way of the making allow approach right before transferring ahead, Dunnavant extra.

Bill Stephenson, making official, mentioned at this time the town has not gained any constructing allow purposes for the project.

“The C of A (certification of appropriateness) is quite preliminary to any type of building undertaking that may be coming to Newnan,” Stephenson stated by email.

While they are not sure accurately when they will switch in the software, the owners of the residence, John Strickland, Ryan Brooks and Scott Stokes, hope to break ground in six to eight months, Spring 2023, in phase a person of the challenge, they mentioned.

The challenge would involve demolishing the drive-as a result of of the outdated lender and the building of two new structures one particular labeled residential-commercial and the other professional on the offer submitted to the Planning and Zoning Commission.

The to start with section will be the industrial setting up, which will dwelling about 10,000 square ft of business space, explained John Strickland. The outdated financial institution creating is 100 % occupied which tends to make them assume the new places of work will fill up swiftly the moment developed, they reported. They know other communities are looking at an overabundance of workplace house suitable now as additional and extra people today are doing the job from home, but said they experience that Newnan will buck that development.

“There’s a lot of uncertainty in our economic system ideal now,” Brooks reported. “But I assume all 3 of us, Kip (Oldham, architect) incorporated, sense that Coweta County and the city of Newnan … Newnan’s going to be a spot place that a good deal of other individuals in encompassing spots are heading to shift towards.”

Strickland agreed, adding that they are trying to fill a market in the town.

“We’re attempting to strike a sweet place with the sizing of the office spaces,” Strickland reported. “We want to try to do 1,500-square-foot suites, which would make it very affordable for the modest-enterprise person.”

They’ve tried to deliver anything essential for the tenants of the future areas, and even with the extra structures, Oldham managed to squeeze in a number of much more parking spots than are present, Brooks mentioned.

The home is in a excellent spot in downtown Newnan and it will give far more chances for corporations to go in, Stokes explained.

The combined-use building, crafted in the next stage, will have 6 to eight upscale studios or apartments distribute throughout two higher floors. The first floor will have about 2,500 sq. feet of office environment area. The renderings present the room used as a cafe.

“There’s a large amount of new things going on, but we’re certainly developing options to provide some other financial investment to downtown Newnan,” Stokes claimed. There is a great deal of matters that could go in these spaces to create – I continue to keep stating develop benefit – to build other solutions for the citizens down listed here.”

One matter that won’t adjust is the previous financial institution creating.

That was constructed in the early 1900s with the back again addition designed in the late 1980s, Strickland claimed. The building has particular this means to him.

“My dad in fact, he was president of the lender there, and he labored there from 1968 to 1991,” Strickland claimed. “Through superior faculty, I really worked for the lender there. (This building is) quite particular to me.”

The undertaking is particular to them all.

“It’s our property,” Brooks reported. “With all the things which is changing in our economic system, I feel far more comfy investing in Newnan than I do anywhere else, I can notify you that.”

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