Trion Development Gets Federal Loan Approval PDF Print E-mail
News - Local News
Friday, 10 November 2017 14:47
By JIMMY ESPY
Staff Writer
Construction on a 68-unit apartment complex for seniors could begin as soon as April, according to project developer Jerry Braden of The Braden Group.
Braden, a Summerville resident, was notified last week by the Georgia Department of Community Affairs that The Breakers at Trion had qualified for a low cost federal loan from the U.S. Department of Housing and Urban Development.
Braden told The News on Tuesday that he hoped to begin construction in April but that work on the project could be delayed until September because of the presence of several species of rare bats in Chattooga County during part of the year.
“Because of the bats, the U.S. Fish and Wildlife service does not want us cutting any trees from May 15 until Aug. 31; the bats nest in the trees,” said Braden. “Hopefully we can get started in April.”
Braden said the multi-million dollar facility will take about 13 months to complete.
The Breakers at Trion will be renting one and two-bedroom apartments for between $340 and $399 a month. The one-bedroom apartments will be 779 square feet; the two-bedroom apartments will be 1,109 feet. 
Braden, who also developed Saratoga Court in Summerville, said the average age of his tenants is about 76.
“I think this is going to be a great thing for Trion,” he said. 
Mayor Larry Stansell agrees.
“It is fantastic news,” said Stansell. “This development is going to mean a lot for the Town of Trion.”
“No. 1, this will mean a $10 million addition to the tax digest,” he said. “Second, it adds a lot of quality housing for Trion and for Chattooga County. It will help give folks a decent place to live in the town. I think there are a lot of older folks who would love to come back to Trion if they have a place they can afford to live.”
“Mr. Braden has worked very hard to make sure this happened,” Stansell added.
Braden praised the efforts of some local officials who supported the project. He mentioned the Trion mayor and council as well as County Commissioner Jason Winters and state lawmakers Sen. Jeff Mullis and Rep. Eddie Lumsden.
Braden said his company will start accepting applications for the apartments about six months after construction begins. 
 


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