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Holly Springs DDA presses Walton Communities for details after request for 71 reserved parking spaces
Summary
The Downtown Development Authority debated Walton Communities’ request for 71 designated parking spaces in the new downtown parking deck to meet HUD financing requirements, raising concerns about cost, prior city infrastructure investments and enforcement. The board requested a written timeline, budget and the retail agreement before acting.
HOLLY SPRINGS, Ga. — The Downtown Development Authority spent the bulk of its meeting debating a request from Walton Communities that the developer be assigned 71 parking spaces in the city’s new downtown parking deck to satisfy U.S. Department of Housing and Urban Development (HUD) financing requirements.
Speaker 4 told the board Walton is pursuing HUD loans and “they need 71 additional parking places” after redesigning a building into an L shape, a change members said reduced on-site surface parking. Several board members objected to the practical and financial…
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