The moratorium, which does not include single-family home development, is in effect until March. Fulton County imposed a similar moratorium earlier this year. About 1,000 applications for townhome project rezonings, already filed, will also not be affected by the moratorium, according to the city's community development department.
City council members say providing services to new townhome ventures is more costly than providing the same services to new office projects. The city is asking Georgia Tech researchers to analyze the difference of the city's cost in both categories.
According to city officials, previous studies by city planners have shown that revenue generated from new commercial buildings is more than the cost of the services while revenue from new townhome projects is often less than the cost of the services.
Besides the cost of the city services such as water and utilities, city council members are also concerned that a high volume of new townhome development will swamp all other categories of development, such as office, retail and hotel, area brokers following the controversy tell GlobeSt.com. "They're looking for a more balanced mix" of development, a broker involved in one of the rezoning applications tells GlobeSt.com.
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