City Council will ponder expanding the Jacksonville/Morgan County Enterprise Zone for a proposed assisted living and memory care facility near Jacksonville High School.
The Villas of Holly Brook would be on North Diamond just south of JHS.
Patrick Lam, executive director of the company’s Chatham facility, says the building on about five acres of property.
“We are planning to open a one-floor facility with 49 units plus 16 memory care units,” says Lam. “We’re looking to expand, as well, maybe add another 8 or 9 more when it’s needed.”
Lam says a staff of 30 to 50 people would be hired. It would cost $4.5 million to $5 million to construct the facility.
The Villas of Holly Brook have seven other locations across the state.
Jacksonville Regional Economic Development Corporation president Terry Denison says there are two basic benefits of being a part of the Enterprise Zone.
“Real estate tax abatement on the improvements to the property and sales tax exemption to the building materials that will become a permanent part of the property,” says Denison.
City Council and the Morgan County Board of Commissioners must approve the expansion of the Enterprise Zone. A vote is expected later this month.