AUGUSTA, Ga. (WFXG) - A new chapter for the old Regency Mall is now a step closer. Monday, Augusta Planning and Development approved a petition for rezoning.

In short, there won't be any construction at the site just yet. However, it does mean an ok for the planned unit development under several conditions. Most of them are for meeting various city standards. The plan also still needs complete feedback from a developmental regional impact, or DRI, survey. But, Augusta Economic Development Authority Chairman Steven Kendrick calls it progress.

“We’re just excited that we got to this point, that we’ve actually gotten approval from the planning commission which is further than we’ve ever been in relation to this project.” said Kendrick. 

The petition was presented by Cranston Engineering Group on behalf of Cardinal Management Group. The ask was to change the zone from general business to planned unit development for the proposed Cardinal Town Square. 

“The reason to go to a PUD from a B2 would be to allow multi-use on the property without subdividing the individual tracts.” said James Dean, Cranston Engineering Group.

Under the proposal, the property would feature market-rate apartments, retail offices and an arts theater.

“So, we can bring the types of income to the area that will uplift it so the businesses that will follow will be able to thrive and grow. At some point, we're going to ask the developer to help involve some affordable housing projects that we have on slate. But for now, it's market rate apartments.” said Kendrick.

Kendrick says the takeaway is the project is moving forward.

"We’re hopeful this is going to transform the south Augusta area as we discussed.” said Kendrick. 

This now moves to Augusta Commission on July 16, but DRI feedback must be received by that point. 

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