~$50M GP and/or LP opportunity in a ~$134M 5.5 acre urban infill project, mixed-income, mixed-use development alongside a reputable, tech-forward sponsor. Professional management will include mobility program, data-driven maintenance, & resident experience app. Site is located 3 miles SW of downtown Atlanta.
The asset is entitled for 552 apartment homes built around an intimate network of courtyards and paseos, 3 acres of open space, 10k sf of experiential retail (e.g. food, beverage, and personal services), and 19k sf of amenities. Site designed for pedestrians, biking, and open space. Project excludes residential parking and included for retail and residents’ guests. Site is transit oriented with less than 15 minute train ride to Downtown, Midtown, Microsoft HQ3, Hartsfield-Jackson International Airport, Georgia Tech, and Atlanta University Center. Over half a million jobs are easily accessible within 30 min via transit or ebike.
2022 land closing
2023 construction commencement
2024 construction completion
2027 project exit
SDG 11: Sustainability Cities & Communities
By excluding residential parking, 3 acres of land is preserved for open green spaces and community gathering. This also reduces the environmental impact from personal vehicles while increasing transportation efficiencies, making transit to job pool more accessible for community members.
SDG 3: Good Health & Well-Being
To encourage health and well being among the the community, the development will connect to the Atlanta Beltline featuring 22 miles of walking and biking paths in the metro area.