December 2, 2014
The State newspaper reported that The City of Columbia's planning commission has given final approval to "a design for the first private student dormitory near Five Points."
Peak Campus Development, based out of Atlanta, plans to build a complex that is approximately 370,000 square feet and is made up of three buildings containing 218 dorms, most of which will be four-bedroom.
The complex or similar proposals to change city zoning requirements in C-3 designations have drawn mixed reactions. The most examined provision is to cut in half to 300 feet required buffers to areas zoned residential. Smaller buffers would be allowed when a student housing complex is separated by an active railroad line, an area zoned commercial or a major road.
The Five Points project has a rail line along its western side and is across the street from a gas station.
Former mayor Bob Coble is representing Peak Campus and Mayor Steve Benjamin has proposed the changes to the C-3 zoning law. City Council added a stipulation that no other private dormitory would be allowed in C-3 areas after Jan. 1 because city staffers are working on a overhaul of all zoning laws.
The zoning change is up for council’s final approval Tuesday.
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Bob Coble advises business leaders and professionals on the inner-working of South Carolina’s business and political landscape. As part of his enduring commitment to economic development and business growth in the Palmetto State, he serves as Chairman of the Columbia World Affairs Council and on the board of the Columbia Urban League Board.