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Council approves settlement rezoning for Day Building site to allow 61 townhomes, limits rentals to 15%
Summary
Following settlement discussions tied to pending litigation, council approved rezoning the Day Building site at 4725 Peachtree Corners Circle for 61 townhomes, with a recorded covenant limiting rentals to 15% and several variances and access conditions.
Peachtree Corners City Council approved a rezoning tied to a mutual settlement agreement that will convert the Day Building site at 4725 Peachtree Corners Circle from industrial (M1) to residential townhome (RTH) for 61 townhomes. The approval implements terms negotiated as part of ongoing litigation and includes a recorded restrictive covenant limiting concurrent rentals to 15% of the units.
City Attorney (name not specified in the transcript) explained that the rezoning follows a settlement negotiated after an earlier denial of a mixed‑use MUD proposal; the settlement reduced…
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