At Wednesday’s Cobb school board meeting, the expectation was that the Jonquil Plaza project would be approved. The Cobb County school board must approve any projects that are using the tax allocation district funding that was set up in 2003. The TAD includes about 140 acres in Smyrna. The total cap that was previously approved is $30 million and the school board voiced concern that with the new Jonquil Village needing $24 to $26 million in bond financing, it wouldn’t leave much for any other projects that have been discussed, most notably Belmont Hills.

With the school board not scheduled to meet again until December 14th, Mayor Bacon asked that a special meeting prior to their next meeting to get the matter resolved. After much angst and uncertainty, the Cobb County school board did call a special meeting and has approved the project. Yeah!!!

The Jonquil Plaza planned redevelopment includes more than 160,000 square feet of retail space including a Publix grocery store, more than 20,000 in office space, and about 300-355 condominiums all built above a 1,000-space underground parking deck. Everyone is certainly excited about this new development and will truly make Smyrna an exciting place to live/work/play when combined with The Market Village, One Ivy Walk and West Village.

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross. All tools and resources can be accessed at www.H2realty.com .