Business View Civil and Municipal | May/June 2022

101 CIVIL AND MUNICIPAL VOLUME 3, ISSUE 5 military service members who are on Permanent Change of Station (PCS) assignments (meaning they will move to another base within a few years) in need of reasonable housing options. The city is currently experiencing high levels of multi-family investment, with a 47% increase expected by 2025. Hogan reports, “By the fourth quarter of 2025, we hope to have an additional 3300 units. It’s really unique too. Some of those multifamily projects are actually single-family home rental communities. There’s such a great opportunity to have that single family approach but in a rental neighborhood.” Capstone Building Corporation and Kitchen & Associates have recently completed Gateway Pointe II, a 90-unit family rental community. This $16.9 million investment brings some low-income options to the city. Adjacent to that property is an area reserved for single family homes, creating more opportunities for home ownership, as well as some mixed- WARNER ROB INS , GEORGI A Community & Economic Development Director, Kate Hogan, Mayor, LaRhonda Patrick