Months after grading work started, partners in the 124‐unit RiverPoint Apartment Homes development adjacent to State Mutual Stadium held a formal groundbreaking Thursday. Charles Williams Jr. told a crowd of city and county government officials and local business leaders he anticipates the upscale, ecofriendly apartment complex will be completed by Feb. 1, 2018. "We already have four leases," Williams told a crowd of about 50. "We're already getting a lot of inquiries and we haven't really started our marketing effort yet. We hope to have a website up and running within a week or two." Williams said three‐bedroom units on upper levels of the four‐story apartment buildings are generating the most interest.
Doug Walker/Rome News-Tribune
Real estate developers at Charles Williams REIC and R.H. Ledbetter Properties are gambling big on their hometown. Brothers Charlie Williams and Gardner Williams are confident the new RiverPoint Apartment Homes development on Braves Boulevard will pay big dividends for the community. And the Williams' partnership with Ledbetter Properties — known as Rome Riverview Partners — believes those dividends will help the community before pushing up their bottom line.
Diane Wagner - Oct. 25, 2016
The Rome City Commission signed off Monday on a $3.3 million tax break that clears the way for a 124-unit upscale apartment complex next to State Mutual Stadium. Developer Wright Ledbetter Jr. said the RiverPoint complex would be built on 6.29 acres of a 15.8-acre tract, which will leave room for the stores and restaurants he expects to follow. "In our view, this corridor has the greatest potential for growth in Rome and Floyd County," he told the board. Commissioners voted 6 to 1 to allow tax allocation district financing for the project Ledbetter will do with Charles Williams as RiverView Partners.
Local developers of a proposed upscale apartment complex next to State Mutual Stadium are asking the city of Rome for financial assistance through tax allocation district status. Wright Ledbetter and Charles Williams discussed the issue with the Rome Redevelopment Committee on Thursday, seeking a tax break of $3.6 million over 10 years to make the project financially feasible.
Months after announcing plans for an upscale apartment development adjacent to State Mutual Stadium, Rome real estate developer Charlie Williams now says the RiverPoint apartments will be Rome's first "green" large housing project. Williams is purchasing approximately 6 acres for the development from Northwest Ga. LLC. Williams is working with the Southface Energy Institute to build the apartment complex to EarthCraft construction standards. EarthCraft standards deal with a broad range of sustainability issues including environmental performance, indoor air quality and construction longevity.
Ten years and one month after purchasing property next to State Mutual Stadium, Doc Kiblerand his Northwest Georgia LLC are moving to build apartments, offices and a small shopping center on the tract. Kibler has filed a request to rezone 15.79 acres of the 21-acre tract he owns on the northwest side of Braves Boulevard.