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Georgia 03 2014
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By Eric OlsonCEG CORRESPONDENT
One of the hidden gems of the Metro Atlanta area is a lit-tle-developed area in southern Cobb County on the banks ofthe Chattahoochee River, known as the River Line HistoricArea.The area gets its name from the 6 to 7-mi. (9.7 to 11.3 km)
line of defensive trenches and forts that were built by theConfederate Army along the Chattahoochee during the CivilWar under the direction of General Joseph E. Johnston. Thecelebrated Johnston’s River Line has since morphed into itscurrent peaceful moniker, one that links the nearby commu-nities of Mableton, Smyrna and Vinings. Now, a small development company has set its sights on
building 57 single-family homes on 13 acres of land on a hilloverlooking the Chattahoochee. The new Volunteer Ridgeproject is one of a relatively small number of new-homedevelopments in the area just south of Veterans MemorialParkway, the major four-lane route through the area.
Southern Cobb Seeing a RevitalizationVolunteer Ridge is being developed by Mitch Nimey, a
partner with Pebblebrook Development LLC, based inKennesaw. He said that his project is just part of a larger revi-talization happening in this small corner of Metro Atlanta,just northeast of the big city.“I lived in eastern Cobb County, which was very devel-
oped and known for its good schools, while south Cobb wasreally overlooked for years, but it is still convenient to down-
town Atlanta and to Hartsfield International Airport,” Nimeysaid, “so we feel it is coming into its own.”As evidence of the area’s resurgence, he pointed to the fact
that baseball’s Atlanta Braves recently announced plans tomove from downtown Atlanta to a new stadium in CobbCounty only about 4 mi. (6.5 km) from the Volunteer Ridgejob site.“There are a lot of older sections of southern Cobb County
that still need to be revitalized,” Nimey said. “I really am oneof the first developers to move back into this area since therecession.”Volunteer Ridge is located just off Veterans Memorial
Parkway and is only a couple miles west of I-285, knownlocally as the Perimeter because it encircles Metro Atlanta.
Developer Uncovers Hidden Gem in Cobb County
GEORGIA STATE EDITION A Supplement to:
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Volunteer Ridge is being developed by Mitch Nimey, a
partner with PebblebrookDevelopment LLC, based in
Kennesaw.
see COBB page 6
January 222014
Vol. XV • No. 2
Page 2 • January 22, 2014 • www.constructionequipmentguide.com • Georgia State Supplement • Construction Equipment Guide
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Construction Equipment Guide • Georgia State Supplement • www.constructionequipmentguide.com • January 22, 2014 • Page 3
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Page 4 • January 22, 2014 • www.constructionequipmentguide.com • Georgia State Supplement • Construction Equipment Guide Construction Equipment Guide • Georgia State Supplement • www.constructionequipmentguide.com • January 22, 2014 • Page 5
Page 4 • January 22, 2014 • www.constructionequipmentguide.com • Georgia State Supplement • Construction Equipment Guide Construction Equipment Guide • Georgia State Supplement • www.constructionequipmentguide.com • January 22, 2014 • Page 5
Page 6 • January 22, 2014 • www.constructionequipmentguide.com • Georgia State Supplement • Construction Equipment Guide
That makes commuting to downtown or the airport a rela-tively quick trip for residents of the area.
Work Is UnderwayNimey and his partner, Larry Thompson, a well-known
developer and homebuilder in the Atlanta area for more than40 years, were able to secure the property at Volunteer Ridgejust this past August after buying it from a bank. The previ-ous developer had done all the engineering and gotten per-mits to build before losing the land in the recession.Even though rain was near constant in the Atlanta area
during the early summer, Nimey said that since they haveowned the property they have been able to grade without los-ing a single day’s work to the weather.Now, equipment is moving around the site finishing the
curb and gutter work and soon, crews will be paving theroads, according to Nimey.
Simple, Traditional Homes PlannedPlans call for Nimey and Thompson to sell the lots to area
builders, although he said there is a small chance that theywill construct some homes themselves.“The development has been zoned for high-density resi-
dential use, or RA-5 zoning, which means that we can put inup to five units an acre, but we ended up with 4.4 units peracre, instead” Nimey said. “If it were any denser they wouldbe townhome lots.”The detached single-family homes will employ tradition-
al styles and range in size from 1,800 to 2,400 sq. ft. (167.2to 222.9 sq m), meaning the lots themselves are 45 to 55 ft.(13.7 to 16.8 m) wide and about 120 ft. (36.6 m) deep. Allwill be two-car, two-story homes with 3 to 4 bedrooms.Nimey said that they will be priced in the $200,000s.“We expect home builders to begin closing on their lots in
February and March and then begin working,” Nimey said.“We will probably have a model home built pretty soon afterthe first of the year — maybe in February. I would expect thedevelopment to be built out within two years.”
Developer Bucks a TrendNimey is one of the few small developers currently work-
ing to bring new homes to market in the Atlanta area, large-ly, he said, because only the big developers and big homebuilders really have the capital to do so in the aftermath ofthe collapse of the real estate bubble and the recession.“The problem is banks don’t want to take any more risks
with small developers and lend money for new-home devel-
opment,” Nimey said. “If you are a small guy and can’t getcapital you can’t do these deals. The big guys make up morethan 60 percent of the market share in Atlanta now.“We are fortunate because we had enough capital to get
back in business after the recession.”
Area Won’t Be Secret for LongApparently, the word has gotten out to other developers
that the River Line Historic Area is a good place to be. Sincehe began working on Volunteer Ridge, Nimey said a Germandeveloper has begun working on building a huge, mixed-usedevelopment just below his on the river. It will feature sin-gle-family homes, townhomes and retail space all in oneproject.“You can throw a stone from Cobb County into Fulton
County from where we are — that’s how close we are, so Ithink a lot of people are beginning to see what a great spotsouthern Cobb County is,” Nimey said. “There are a lot ofold parts of the county that need to be revived, but I think thatwill happen soon.”
(This story also can be found on Construction EquipmentGuide’s Web site atwww.constructionequipmentguide.com.) CEG
Volunteer Ridge Draws Attention to River Line Historic Area
Even though rain was near constant in the Atlanta area during the early summer, Nimey said that since they have owned the property they have been able to grade with-out losing a single day’s work to the weather.
COBB from page 1
Construction Equipment Guide • Georgia State Supplement • www.constructionequipmentguide.com • January 22, 2014 • Page 7
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