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ALPHARETTA, Ga. â Plans to swap two townhome buildings for 10 single-family homes on Thompson Street in downtown Alpharetta are on hold for now.
The City Council voted Monday to table a proposal by Kairos Development to adjust plans approved in 2015 that called for four condominium buildings â each with 12 units â on close to 4 acres at Thompson Street and Haynes Bridge Road.
Officials with Kairos said the change in plans comes about due to post-pandemic economic conditions that favor single-family homes over condos.
âItâs a struggle building multi-family,â said Art Rountree, operations director for Kairos.
In terms of staging construction, building costs and the current housing market, single-family homes are an easier option, he said.