Woodstock Hopes to Buy Flooded Apartment Complex
Posted Nov 6, 2009 @ 2:36 pm, Viewed by 125 Visitors, Read 130 Times.The residents of Walden Chase apartments off Dupree Road are no strangers to flooding…the complex has flooded twice in the past 4 years, leaving residents to be rescued by boats and their apartments totally destroyed. The complex runs along the banks of Noonday Creek, which flooded over an unprecedented amount of area between Highway 92 and Towne Lake in Woodstock this past September. Though the complex owner’s flood insurance should cover the cost to rebuild the damaged apartments, the City of Woodstock is applying for a federal grant to knock the complex down in entirety. The City inspector has declared the complex a “total loss”, and Woodstock’s City Manager says paying to flood-proof the complex would be cost-prohibitive. Rebuilding a property in a known flood-prone area just doesn’t make sense…and complex owner Tempo Properties agrees, stating it’s too emotionally and financially draining to go through this every few years. All of these points combined led the City of Woodstock to make the decision to apply for a grant from FEMA to demolish the complex and avoid the same disastrous event from ever happening again.
There were other Woodstock homes and many businesses that were affected by the historical flooding, some with flood insurance and some without. Many are applying for federal aid or loans to help them rebuild their homes or work spaces. I truly hope the government steps up to the plate and helps where help is due.
The Metro House Hunters Team strives to provide industry leading service to every client,
while using the most up-to-date technology. Your comments and questions are welcome!
Louise Scoggins
Metro House Hunters, Inc.
Keller Williams Realty
Phone: 678-522-4035
Email: info@thinklouise.com
Please visit my Atlanta Real Estate website to search for all Atlanta Homes!
This Post Has No Comments.
REW Blogs User Stats
Currently Online Users:
0
Total Users:
2,389
Entries:
7,601
Unique Views:
6,437,151
Total Views:
6,774,530
Total Comments:
9,371
Total REW Points:
510
Louise Scoggins is a Realtor for Keller Williams Realty. Louise specializes in listing and selling Real Estate in the Metro Atlanta area.
She has been actively selling Real Estate since 2000. Read More
- This User's Stats
Rate this Post!
Share this Post
Print
Social Bookmarking
Contact Me
RSS Feed
Top Rated
REW Blogs RSS Feed