A lawyer for RASS Associates told board members the estimated cost of the development was between $ 125 million and $ 137 million. The developer plans to build on the land of a deteriorated office park and vacant shopping center.
The developers asked Smyrna officials to increase the maximum height of Emerson Center buildings to 95 feet. This puts the eight-story hotel at the heart of the development. It will include a restaurant, a conference center, a roof terrace and a separate underground car park with 317 spaces, according to the site plans.
The apartment complex will be just south of the hotel. It will offer 53 studios, 140 one-bedroom apartments, 91 two-bedroom apartments and 16 three-bedroom rentals. Multi-family residences will range from 567 square feet to 1,350 square feet.
There was no cost estimate for the rental of the apartments.
RASS Associates has called on city leaders to increase residential density from 25 to 34.5 units per acre. The developer also requested a reduction in the average apartment size from 900 square feet to 811 square feet.
The city council authorized the two zoning exemptions.
Two commercial buildings comprising approximately 28,000 square feet of combined retail space will be located to the north of the hotel. They will face Spring Road with a central plaza separating the two structures. A third commercial building of approximately 9,000 square feet of retail space is expected to be constructed adjacent to the hotel. He will be seated next to the seven-story parking lot.
“The county and the city, in our comprehensive plans, realize that this is a high intensity area where you have mixed use development,” said Smyrna community development director Rusty Martin. . “Where you have the opportunity to live, work and play in the same area. “
A parking garage that is part of a mixed-use development project along Spring Road in Smyrna. (Photo provided / RASS associates)