Facing a high probability its request would be rejected, the company planning to build apartments in and around the former Oxford building withdrew its rezoning request, Mayor Clark Hill announced Monday night.
The withdrawal effectively scuttles the project for this year. JES Holdings faced a June 1 deadline for applying to the state for the tax credits essential to making the project work.
JES asked the city to rezone the Oxford site from central business district to R-4 to rehab the former sewing plant into 35 one-bedroom and two-bedroom apartments for low-income senior housing, asked for a variance in the units-per-acre requirement so it could put 18 senior living townhouses on the same tract and for a variance in the minimum square footage of the proposed apartments.
[Full Story »]