Provence Place Apartments given new life as renovation restarts

Park-Hammond Developer, LLC, working in collaboration with the Georgia Department of Community Affairs, AmSouth Bank, and MMA Financial, issued Notice to Proceed to Empire Construction of Tennessee and the The Paradigm Group to begin renovation of the Provence Place Apartments. Provence Place was acquired by PRS/Foundation Development in 2004 and construction stalled in 2005 with the demise of PRS. The project consists of the acquisition and substantial rehabilitation of 193 units in two and three-bedroom floor plans. Located along Mount Zion Road in Jonesboro, the project is conveniently located within minutes of a major mall and shopping district at Mount Zion Boulevard and Interstate 75. Ambling Management Company will handle leasing and management.