BUSINESS & INDUSTRY New apartment units are under construction in Newnan.
area’s budding film industry. There are new homes that look like they could be 100 years old, as well as a mix of old and new homes throughout the city. Grantville also has a collection of historic homes located within its National Register district and the small town boasts several newer subdivisions. In Newnan, there are a few loft apartments above downtown shops, as well as the Newnan Lofts, located in the old Newnan Cotton Mill. There have been new apartment complexes built in the past few years, and there is a range of older apartments, both large complexes and smaller units. Powell Senior Village, a “continuing care retirement community,” received Coweta County approval in spring 2014 for property off Hwy. 34 East and Hollz Parkway. It will feature independent living for those 55 and over, in both single-family homes and attached dwellings, as well as assisted living, skilled nursing and hospice. Two other “55 and better” independent living communities were also approved for north Coweta, one at the Arbor Springs development and one at Lake Redwine – two of the county’s most upscale subdivisions. These new developments will consist of mid-sized houses on smaller lots. There are a few cluster-style developments in the area, as well as townhomes that function more like condos, with all the yard work and exterior maintenance provided through the HOA. There are still plenty of affordable homes under $100,000, and even some under $50,000. However, “there is getting to be fewer and fewer of the cheaper ones,” Barron said. Investors bought up many of them when prices were low. “So we’re seeing less of the inexpensive homes and more of the expensive homes coming on the market,” Barron said. “But I think there is something out there for everybody. There is no question about it. “It is sort of like the weather. If you don’t like what is on the market today, just wait a few days and something will come up, something will change,” Barron said. “I believe there is a buyer for every house and a house for every buyer.” CL 20 Coweta Living 2014-15
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Coweta’s historic residences among county’s treasures