By Anna Cate Little
Ground is breaking on phase two of the Hallman Hill project, which will introduce an upscale apartment community — known as “The Hill” — to Homewood.
“The Hill will be appealing to post-college individuals that want a nice place to live in a great location that’s fun with a lot of activities but who aren’t quite ready to buy a house,” said Jim Dixon, president of Arlington Properties.
The Homewood Gardens apartments on Oxmoor Road are being torn down to make way for the 122-apartment development. Work is estimated to take about 15 months. Dixon said the complex will feature “high-quality, modern homes with high-end kitchens and open floor plans.”
Also included in the residents’ amenity package will be a large clubhouse that holds a fitness center with modern equipment and classes; a cyber café with full kitchen, TVs and Wi-Fi throughout; and an outdoor area with pool, kitchen, television and comfortable seating to host events and parties.
The apartments will mostly be one and two bedrooms with only nine three-bedroom homes offered. Most of the tenant parking will be gated to set it apart from surrounding retail traffic. The aim is to target a younger crowd who will not only enjoy a luxury living community but also the multitude of shopping, food and entertainment establishments within walking distance.
When addressing the concern that an apartment community in downtown Homewood may face opposition, Dixon said, “this is a high-end place to live where people will spend their money in Homewood as opposed to driving to other communities. They’re going to fall in love with Homewood and want to buy a home here.”
Homewood should see an increase in sales tax revenue as well as an eventual property tax increase, and schools will have a net benefit as well.
While The Hill will mirror and complement its sister development, Hallman Hill, in terms of material and design, they are two completely separate entities in terms of ownership and lifestyle. Hallman Hill’s condominiums are for purchase only (more than 60 percent have sold) while The Hill’s apartments will be for lease only until the economy justifies a sales environment.
“The current residents of Hallman Hill are our biggest cheerleaders for Homewood and for this location,” said Dixon. “They have done a wonderful job of reinvesting in downtown Homewood with this project.”