A planned future Lebanon quarter with 219 rental apartments will be billed as a cross between residential units and single-family houses.
JCF 109 Living is the name of the project on 45 acres off State Route 109 and Franklin Road south of Interstate 40.
The units to be built are called âhousementsâ, a concept patented by JCF Living.
The development will usually build one-story buildings with two units each with different floor plans.
The units will have a private courtyard with a side entrance for one unit and a front entrance for the other, designed to look more like a house than a maisonette. The average unit is approximately 2,500 square feet yard, said JCF Living founder and CEO John Fitzmaurice.
A private yard, driveway, outside grill, mail delivery, and roadside litter will be included for each unit. And units usually have three walls with windows. Some units have garages.
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Communal facilities such as those of an apartment complex include a clubhouse, pool, fitness center and hiking trails. Maintenance, including the courtyards, is not the responsibility of the residents.
According to the company, the density is just under five units per hectare.
JCF Living has two residential projects in Huntsville, Alabama, close together.
One of Huntsville’s residential areas is rated for 178 units, which are approximately 90% occupied. The other 224 units are scheduled to begin leasing in early 2022. The two developments will eventually be merged upon completion, said Fitzmaurice.
The Lebanon project was originally approved in 2018, said planning director Paul Corder. The plan had different names.
JCF Living is moving forward with additional housing plans in other southeastern states. JCF Living will be exploring additional areas in Middle Tennessee to submit plans for shared apartments.
“Part of the strategy is education,” said Fitzmaurice of the further development of the concept.
The units in Lebanon will be mostly one and two bedroom with a few studios. One bedroom units will be 700 to 900 square feet and two bedroom units will be 800 to 1200 square feet. Seven single-family houses are also planned.
Initial monthly rents are expected to be between $ 1,700 and $ 1,900 for one-bedroom units and $ 1,900 to $ 2,300 for two-bedroom units.
JCF Living expects to begin pre-letting for the Lebanese community in the first quarter of 2022, with first move-ins expected in the second quarter. Complete completion is expected in the third quarter of next year.
Reach Andy Humbles at [email protected] or 615-726-5939 and on Twitter @ AndyHumbles.