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DECATUR, GA. — Atlanta-based Carter plans to develop 315 West Ponce, a $40 million mixed-use project in Decatur. The five-story property will include 223 apartment units and 10,000 square feet of street-level retail. The project will target young professionals with a mix of one-, two- and three-bedroom units. Amenities will include a pool, clubhouse, fitness center and two outdoor courtyards. The development will also include a structured parking deck to be shared between the new retail and residential buildings. The Decatur Downtown Development Authority has approved the site plan for the project. The Preston Partnership is the project architect and Brasfield & Gorrie is the contractor. Construction is slated to begin later this summer.