Specifically, the two-story apartments on College Drive are being looked at by the Charter Co-Apartments, a company who has provided several renovation projects in the Southeast.
Plans are designed to enhance the existing structures and expand the complex in the rear, providing more housing and parking.
The area has been discussed by the city panel for years due to several nuisance compliants brought up by the community.
In recent weeks, though, the area has seen vast improvements with the property upkeep.
Monday night, Charter representative Miles Hill approached the city commission explaining his company’s intentions.
He said his company has approached all the owners of the complex and has received word from each owner of possible interest in selling the property.
According to Hill, Charter invests in purchasing such apartment complexes and renovating them for multi-family and elderly occupants.
The company wants to “gut the apartments down to the brick and studs” and totally renovate the interior and roofs. The landscape would also be effected and an irrigation system installed.
Behind the existing apartments, a row of single floor dwellings will be built. Hill estimated about 20 units would be needed.
Charter will develop the property, contract the construction and renovation, as well as manage the site in the end.
City Manager David Johnson told commissioners that the company has met with city officials on several occasions and discussed the project. “I believe it’s a worthy project,” he said.
The commission signed a resolution in support of the project.