Office valuations drop again as market has yet to find bottom
Office valuations drop again as market has yet to find bottom
Office valuations fell 11% in 2024, with central business district properties seeing the biggest slumps.
Office valuations fell 11% in 2024, with central business district properties seeing the biggest slumps. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
Office valuations fell 11% in 2024, with central business district properties seeing the biggest slumps.
Office valuations drop again as market has yet to find bottom
Office valuations drop again as market has yet to find bottom
Office valuations fell 11% in 2024, with central business district properties seeing the biggest slumps.
Office valuations fell 11% in 2024, with central business district properties seeing the biggest slumps. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
Office valuations fell 11% in 2024, with central business district properties seeing the biggest slumps.
At Pullman Yards’ doorstep, loft building on chopping block for development
At Pullman Yards’ doorstep, loft building on chopping block for development
At Pullman Yards’ doorstep, loft building on chopping block for development
Josh Green
Wed, 02/26/2025 – 08:01
Recent years have seen blocks around mixed-use district Pullman Yards spring to life with condos and townhome projects both for-sale and not. It appears that trend is set to continue.
A 44-unit townhome development is in the works for a 206 Rogers St. property at the doorstep of Pullman Yards, across the street from its AlcoHall drinks and events concept and restaurants Fishmonger and Brick and Mortar.
According to filings recently made with Atlanta’s Department of City Planning, the townhome project would include nine buildings total, with some live-work units.
A review process for the townhome proposal is ongoing, according to the city.
Overview of the roughly 3 acres where townhomes are proposed at 206 Rogers St. NE. Google Maps
The townhomes would replace a longstanding, adaptive-reuse complex called The Warehouse Lofts, which has been home to residential units, furniture makers, artisans, a commercial photography studio, and other uses over the years.
According to property managers Atlanta Loft Source, The Warehouse building was converted from industrial uses to lofts in 1986, marking one of the first conversions of its kind in the city.
The roughly 3-acre property is situated just south of DeKalb Avenue, near Kirkwood’s western border with Edgewood.
The converted Rogers Street warehouse in question, at left, and its proximity to Pullman Yards. Google Maps
We’ve reached out to development officials for more information on the townhome proposal, including information on a potential construction schedule and site plans. This story will be update if further details come.
Have a look behind The Warehouse gates and inside lofts, as they stand today, over here.
Parking and northern exteriors of The Warehouse Lofts today. Atlanta Loft Source
…
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Overview of the roughly 3 acres where townhomes are proposed at 206 Rogers St. NE. Google Maps
The converted Rogers Street warehouse in question, at left, and its proximity to Pullman Yards. Google Maps
Parking and northern exteriors of The Warehouse Lofts today. Atlanta Loft Source
At Pullman Yards’ doorstep, loft building on chopping block for development
Josh Green
Wed, 02/26/2025 – 08:01
Recent years have seen blocks around mixed-use district Pullman Yards spring to life with condos and townhome projects both for-sale and not. It appears that trend is set to continue. A 44-unit townhome development is in the works for a 206 Rogers St. property at the doorstep of Pullman Yards, across the street from its AlcoHall drinks and events concept and restaurants Fishmonger and Brick and Mortar. According to filings recently made with Atlanta’s Department of City Planning, the townhome project would include nine buildings total, with some live-work units.A review process for the townhome proposal is ongoing, according to the city.
Overview of the roughly 3 acres where townhomes are proposed at 206 Rogers St. NE. Google Maps
The townhomes would replace a longstanding, adaptive-reuse complex called The Warehouse Lofts, which has been home to residential units, furniture makers, artisans, a commercial photography studio, and other uses over the years. According to property managers Atlanta Loft Source, The Warehouse building was converted from industrial uses to lofts in 1986, marking one of the first conversions of its kind in the city. The roughly 3-acre property is situated just south of DeKalb Avenue, near Kirkwood’s western border with Edgewood.
The converted Rogers Street warehouse in question, at left, and its proximity to Pullman Yards. Google Maps
We’ve reached out to development officials for more information on the townhome proposal, including information on a potential construction schedule and site plans. This story will be update if further details come. Have a look behind The Warehouse gates and inside lofts, as they stand today, over here.
Parking and northern exteriors of The Warehouse Lofts today. Atlanta Loft Source
…Follow us on social media: Twitter / Facebook/and now: Instagram • Kirkwood news, discussion (Urbanize Atlanta)
Tags
206 Rogers St.
The Warehouse Lofts
Atlanta Loft Source
Atlanta Townhomes
Pullman Yards
Atlanta Development
Atlanta Construction
Infill Development
Kirkwood Development
Rogers Street
Images
Overview of the roughly 3 acres where townhomes are proposed at 206 Rogers St. NE. Google Maps
The converted Rogers Street warehouse in question, at left, and its proximity to Pullman Yards. Google Maps
Parking and northern exteriors of The Warehouse Lofts today. Atlanta Loft Source
Subtitle
Plans call for townhome community along Kirkwood’s Rogers Street
Neighborhood
Kirkwood
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Before/After Images
Sponsored Post
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At Pullman Yards’ doorstep, loft building on chopping block for development
Josh Green
Wed, 02/26/2025 – 08:01
Recent years have seen blocks around mixed-use district Pullman Yards spring to life with condos and townhome projects both for-sale and not. It appears that trend is set to continue. A 44-unit townhome development is in the works for a 206 Rogers St. property at the doorstep of Pullman Yards, across the street from its AlcoHall drinks and events concept and restaurants Fishmonger and Brick and Mortar. According to filings recently made with Atlanta’s Department of City Planning, the townhome project would include nine buildings total, with some live-work units.A review process for the townhome proposal is ongoing, according to the city.
Overview of the roughly 3 acres where townhomes are proposed at 206 Rogers St. NE. Google Maps
The townhomes would replace a longstanding, adaptive-reuse complex called The Warehouse Lofts, which has been home to residential units, furniture makers, artisans, a commercial photography studio, and other uses over the years. According to property managers Atlanta Loft Source, The Warehouse building was converted from industrial uses to lofts in 1986, marking one of the first conversions of its kind in the city. The roughly 3-acre property is situated just south of DeKalb Avenue, near Kirkwood’s western border with Edgewood.
The converted Rogers Street warehouse in question, at left, and its proximity to Pullman Yards. Google Maps
We’ve reached out to development officials for more information on the townhome proposal, including information on a potential construction schedule and site plans. This story will be update if further details come. Have a look behind The Warehouse gates and inside lofts, as they stand today, over here.
Parking and northern exteriors of The Warehouse Lofts today. Atlanta Loft Source
…Follow us on social media: Twitter / Facebook/and now: Instagram • Kirkwood news, discussion (Urbanize Atlanta)
Tags
206 Rogers St.
The Warehouse Lofts
Atlanta Loft Source
Atlanta Townhomes
Pullman Yards
Atlanta Development
Atlanta Construction
Infill Development
Kirkwood Development
Rogers Street
Images
Overview of the roughly 3 acres where townhomes are proposed at 206 Rogers St. NE. Google Maps
The converted Rogers Street warehouse in question, at left, and its proximity to Pullman Yards. Google Maps
Parking and northern exteriors of The Warehouse Lofts today. Atlanta Loft Source
Subtitle
Plans call for townhome community along Kirkwood’s Rogers Street
Neighborhood
Kirkwood
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Before/After Images
Sponsored Post
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Development Team Obtains $42.7M Construction Loan for Monroe Apartments
Development Team Obtains $42.7M Construction Loan for Monroe Apartments
Green River Builders and ARC Multifamily Group obtained a construction loan, allowing them to proceed with a 282-unit multifamily development in Monroe, Georgia. The $42.7 million loan is for The Jax, a garden-style apartment complex. Green River is based in Monroe, about 20 minutes east of Atlanta.
Blake Cohen and Charlie Clark with CBRE Capital Markets’ Debt & Structured Finance in Atlanta represented the borrowers. Peachtree Group provided the two-and-a-half-year full-term, interest-only loan at approximately 74% loan-to-cost. The loan was also structured with an earnout based on completion and leasing hurdles.
Located at 200 Aycock Avenue, the project will comprise seven three-story residential buildings with one-, two-, and three-bedroom floorplans averaging 1,117 square feet. Community amenities include a business center, clubhouse, pool, fitness center, volleyball court, picnic area, EV charging, and a breakfast/coffee concierge.
ARC Multifamily invests in multifamily properties throughout the Southeast United States.
The post Development Team Obtains $42.7M Construction Loan for Monroe Apartments appeared first on Connect CRE.
Green River Builders and ARC Multifamily Group obtained a construction loan, allowing them to proceed with a 282-unit multifamily development in Monroe, Georgia. The $42.7 million loan is for The Jax, a garden-style apartment complex. Green River is based in Monroe, about 20 minutes east of Atlanta. Blake Cohen and Charlie Clark with CBRE Capital Markets’ Debt & …
The post Development Team Obtains $42.7M Construction Loan for Monroe Apartments appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Green River Builders and ARC Multifamily Group obtained a construction loan, allowing them to proceed with a 282-unit multifamily development in Monroe, Georgia. The $42.7 million loan is for The Jax, a garden-style apartment complex. Green River is based in Monroe, about 20 minutes east of Atlanta. Blake Cohen and Charlie Clark with CBRE Capital Markets’ Debt & …
The post Development Team Obtains $42.7M Construction Loan for Monroe Apartments appeared first on Connect CRE.
MARTA to federal employees: Ditch your cars—take transit
MARTA to federal employees: Ditch your cars—take transit
MARTA to federal employees: Ditch your cars—take transit
Josh Green
Tue, 02/25/2025 – 16:02
Could the end of WFH flexibility for thousands of metro Atlantans spell good things for downtown businesses, new developments, and MARTA? Will it spur lasting vibrancy on some of the city’s oldest streets? Is traffic Armageddon coming?
Those are among the unanswered questions swirling as a new post-pandemic era appears to be dawning downtown, with President Donald Trump mandating that federal agencies return employees to the office full-time, beginning this week.
In response, MARTA has issued a message to reborn intown commuters and downtown workers forced to leave hybrid work behind: Leave the driving to us.
The transit agency issued alternate-transportation tips and reminders today for workers trying to reach destinations such as the Richard B. Russell federal building, which stands near two of Atlanta’s most extensive redevelopment projects, Centennial Yards and Atlanta Ventures’ South Downtown. Both projects have debuted fresh retail offerings—comfort Thai food, coffee, and a brewery among them—since COVID-19 shuttered federal offices.
MARTA predicts Trump’s mandate will translate to more congestion from single-occupancy vehicles on Atlanta streets and downtown parking becoming more expensive and scarce.
As the AJC notes, downtown Atlanta counts one of the largest supplies of federal office buildings in the country—workplaces for thousands of government employees—outside of Washington D.C.
“It can be difficult to get back into the habit of going into the office five days a week—it’s been an adjustment for many of us,” Collie Greenwood, MARTA general manager and CEO, noted in today’s announcement. “So, let MARTA drive, and you can listen to music or scroll on your phone during your commute and not have the added stress of traffic and parking.”
Shutterstock
As MARTA officials relay, Five Points station is the most convenient connection to downtown federal office buildings. It provides direct access to the Richard B. Russell building via a tunnel.
Five Points is also the connecting point for all four MARTA rail lines and these 10 bus routes, as the transit agency notes:
Route 3 – Martin Luther King Jr Dr/Auburn Ave
Route 26 – Marietta Street / Perry Boulevard
Route 40 – Peachtree Street / Downtown
Route 49 – McDonough Boulevard
Route 186 – Rainbow Drive / South DeKalb
Route 816 – North Highland Avenue
Route 813 – Atlanta University Center
For the uninitiated, the following rail stations also serve downtown (and lest we forget the Atlanta Streetcar as well) ——>
…
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Twitter / Facebook/and now: Instagram
• Downtown news, discussion (Urbanize Atlanta)
MARTA to federal employees: Ditch your cars—take transit
Josh Green
Tue, 02/25/2025 – 16:02
Could the end of WFH flexibility for thousands of metro Atlantans spell good things for downtown businesses, new developments, and MARTA? Will it spur lasting vibrancy on some of the city’s oldest streets? Is traffic Armageddon coming? Those are among the unanswered questions swirling as a new post-pandemic era appears to be dawning downtown, with President Donald Trump mandating that federal agencies return employees to the office full-time, beginning this week. In response, MARTA has issued a message to reborn intown commuters and downtown workers forced to leave hybrid work behind: Leave the driving to us. The transit agency issued alternate-transportation tips and reminders today for workers trying to reach destinations such as the Richard B. Russell federal building, which stands near two of Atlanta’s most extensive redevelopment projects, Centennial Yards and Atlanta Ventures’ South Downtown. Both projects have debuted fresh retail offerings—comfort Thai food, coffee, and a brewery among them—since COVID-19 shuttered federal offices. MARTA predicts Trump’s mandate will translate to more congestion from single-occupancy vehicles on Atlanta streets and downtown parking becoming more expensive and scarce. As the AJC notes, downtown Atlanta counts one of the largest supplies of federal office buildings in the country—workplaces for thousands of government employees—outside of Washington D.C. “It can be difficult to get back into the habit of going into the office five days a week—it’s been an adjustment for many of us,” Collie Greenwood, MARTA general manager and CEO, noted in today’s announcement. “So, let MARTA drive, and you can listen to music or scroll on your phone during your commute and not have the added stress of traffic and parking.”
Shutterstock
As MARTA officials relay, Five Points station is the most convenient connection to downtown federal office buildings. It provides direct access to the Richard B. Russell building via a tunnel. Five Points is also the connecting point for all four MARTA rail lines and these 10 bus routes, as the transit agency notes:Route 3 – Martin Luther King Jr Dr/Auburn AveRoute 21 – Memorial DriveRoute 26 – Marietta Street / Perry BoulevardRoute 40 – Peachtree Street / DowntownRoute 42 – Pryor RoadRoute 49 – McDonough BoulevardRoute 55 – Jonesboro RoadRoute 186 – Rainbow Drive / South DeKalbRoute 816 – North Highland AvenueRoute 813 – Atlanta University CenterFor the uninitiated, the following rail stations also serve downtown (and lest we forget the Atlanta Streetcar as well) ——>Peachtree CenterGeorgia StateGarnettGWCC/CNN Center…Follow us on social media: Twitter / Facebook/and now: Instagram • Downtown news, discussion (Urbanize Atlanta)
Tags
MARTA
Metropolitan Atlanta Rapid Transit Authority
Downtown Atlanta
Work From Home
WFH
Atlanta Federal Employees
President Donald Trump
Elon Musk
Centennial Yards
South Downtown
Subtitle
For thousands now required to return to downtown offices full-time, MARTA offers tips
Neighborhood
Downtown
Background Image
Image
Before/After Images
Sponsored Post
Off Read More
MARTA to federal employees: Ditch your cars—take transit
Josh Green
Tue, 02/25/2025 – 16:02
Could the end of WFH flexibility for thousands of metro Atlantans spell good things for downtown businesses, new developments, and MARTA? Will it spur lasting vibrancy on some of the city’s oldest streets? Is traffic Armageddon coming? Those are among the unanswered questions swirling as a new post-pandemic era appears to be dawning downtown, with President Donald Trump mandating that federal agencies return employees to the office full-time, beginning this week. In response, MARTA has issued a message to reborn intown commuters and downtown workers forced to leave hybrid work behind: Leave the driving to us. The transit agency issued alternate-transportation tips and reminders today for workers trying to reach destinations such as the Richard B. Russell federal building, which stands near two of Atlanta’s most extensive redevelopment projects, Centennial Yards and Atlanta Ventures’ South Downtown. Both projects have debuted fresh retail offerings—comfort Thai food, coffee, and a brewery among them—since COVID-19 shuttered federal offices. MARTA predicts Trump’s mandate will translate to more congestion from single-occupancy vehicles on Atlanta streets and downtown parking becoming more expensive and scarce. As the AJC notes, downtown Atlanta counts one of the largest supplies of federal office buildings in the country—workplaces for thousands of government employees—outside of Washington D.C. “It can be difficult to get back into the habit of going into the office five days a week—it’s been an adjustment for many of us,” Collie Greenwood, MARTA general manager and CEO, noted in today’s announcement. “So, let MARTA drive, and you can listen to music or scroll on your phone during your commute and not have the added stress of traffic and parking.”
Shutterstock
As MARTA officials relay, Five Points station is the most convenient connection to downtown federal office buildings. It provides direct access to the Richard B. Russell building via a tunnel. Five Points is also the connecting point for all four MARTA rail lines and these 10 bus routes, as the transit agency notes:Route 3 – Martin Luther King Jr Dr/Auburn AveRoute 21 – Memorial DriveRoute 26 – Marietta Street / Perry BoulevardRoute 40 – Peachtree Street / DowntownRoute 42 – Pryor RoadRoute 49 – McDonough BoulevardRoute 55 – Jonesboro RoadRoute 186 – Rainbow Drive / South DeKalbRoute 816 – North Highland AvenueRoute 813 – Atlanta University CenterFor the uninitiated, the following rail stations also serve downtown (and lest we forget the Atlanta Streetcar as well) ——>Peachtree CenterGeorgia StateGarnettGWCC/CNN Center…Follow us on social media: Twitter / Facebook/and now: Instagram • Downtown news, discussion (Urbanize Atlanta)
Tags
MARTA
Metropolitan Atlanta Rapid Transit Authority
Downtown Atlanta
Work From Home
WFH
Atlanta Federal Employees
President Donald Trump
Elon Musk
Centennial Yards
South Downtown
Subtitle
For thousands now required to return to downtown offices full-time, MARTA offers tips
Neighborhood
Downtown
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Before/After Images
Sponsored Post
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Vantage Realty Partners boosts Inman Park retail portfolio
Vantage Realty Partners boosts Inman Park retail portfolio
Tenants at the Inman Park property include a breakfast restaurant included in Atlanta’s Michelin Guide.
Tenants at the Inman Park property include a breakfast restaurant included in Atlanta’s Michelin Guide. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
Tenants at the Inman Park property include a breakfast restaurant included in Atlanta’s Michelin Guide.
Vantage Realty Partners boosts Inman Park retail portfolio
Vantage Realty Partners boosts Inman Park retail portfolio
Tenants at the Inman Park property include a breakfast restaurant included in Atlanta’s Michelin Guide.
Tenants at the Inman Park property include a breakfast restaurant included in Atlanta’s Michelin Guide. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
Tenants at the Inman Park property include a breakfast restaurant included in Atlanta’s Michelin Guide.
Townhome project floated near historic Atlanta cemetery
Townhome project floated near historic Atlanta cemetery
Townhome project floated near historic Atlanta cemetery
Josh Green
Tue, 02/25/2025 – 14:05
In Southwest Atlanta, city-approved plans for a townhome venture are being offered for sale within walking distance of the Beltline and one of the Southeast’s most gorgeous historic graveyards.
The 25-unit townhome proposal would replace a church property at 1591 Ralph David Abernathy Boulevard in Westview.
The 1.1-acre site is across the street from the largest civilian cemetery in the Southeast, Westview Cemetery. The scenic greenspace spans nearly 600 acres, dates to the 1880s, and has hosted more than 100,000 interments.
In the other direction, the Beltline’s Westside Trail—and Enota Park, where a multifaceted expansion is set to kick off this year—is located about five blocks away.
The 1591 RDA Boulevard site’s proximity to Westview Cemetery (left) and soon-to-be-expanded Enota Park along the Beltline’s Westside Trail. Google Maps
How the planned townhome venture would front Ralph David Abernathy Boulevard a block from the Southeast’s largest graveyard. Terminus Design Group; via Coldwell Banker Commercial Metro Brokers
According to a Coldwell Banker Commercial Metro Brokers listing posted last week, the Ralph David Abernathy Boulevard site has been entitled for 25 townhomes, with a Special Administrative Permit already approved to begin development.
The $2.3 million asking price includes those plans and survey documents, per the listing.
Fulton County property records indicate an LLC called RDA Development bought the 1.09-acre site from the church two years ago for $90,000.
The 25-unit site plans along RDA Boulevard. Terminus Design Group; via Coldwell Banker Commercial Metro Brokers
The Ralph David Abernathy Boulevard property in question in November. Google Maps
According to Coldwell Banker, the owner also owns five lots across the street, entitled for another five townhomes. Those parcels are asking $460,000 total.
…
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• Westview news, discussion (Urbanize Atlanta)
The 1591 RDA Boulevard site’s proximity to Westview Cemetery (left) and soon-to-be-expanded Enota Park along the Beltline’s Westside Trail. Google Maps
How the planned townhome venture would front Ralph David Abernathy Boulevard a block from the Southeast’s largest graveyard. Terminus Design Group; via Coldwell Banker Commercial Metro Brokers
The Ralph David Abernathy Boulevard property in question in November. Google Maps
The 25-unit site plans along RDA Boulevard. Terminus Design Group; via Coldwell Banker Commercial Metro Brokers
Coldwell Banker Commercial Metro Brokers
Townhome project floated near historic Atlanta cemetery
Josh Green
Tue, 02/25/2025 – 14:05
In Southwest Atlanta, city-approved plans for a townhome venture are being offered for sale within walking distance of the Beltline and one of the Southeast’s most gorgeous historic graveyards. The 25-unit townhome proposal would replace a church property at 1591 Ralph David Abernathy Boulevard in Westview. The 1.1-acre site is across the street from the largest civilian cemetery in the Southeast, Westview Cemetery. The scenic greenspace spans nearly 600 acres, dates to the 1880s, and has hosted more than 100,000 interments. In the other direction, the Beltline’s Westside Trail—and Enota Park, where a multifaceted expansion is set to kick off this year—is located about five blocks away.
The 1591 RDA Boulevard site’s proximity to Westview Cemetery (left) and soon-to-be-expanded Enota Park along the Beltline’s Westside Trail. Google Maps
How the planned townhome venture would front Ralph David Abernathy Boulevard a block from the Southeast’s largest graveyard. Terminus Design Group; via Coldwell Banker Commercial Metro Brokers
According to a Coldwell Banker Commercial Metro Brokers listing posted last week, the Ralph David Abernathy Boulevard site has been entitled for 25 townhomes, with a Special Administrative Permit already approved to begin development.The $2.3 million asking price includes those plans and survey documents, per the listing. Fulton County property records indicate an LLC called RDA Development bought the 1.09-acre site from the church two years ago for $90,000.
The 25-unit site plans along RDA Boulevard. Terminus Design Group; via Coldwell Banker Commercial Metro Brokers
The Ralph David Abernathy Boulevard property in question in November. Google Maps
According to Coldwell Banker, the owner also owns five lots across the street, entitled for another five townhomes. Those parcels are asking $460,000 total. …Follow us on social media: Twitter / Facebook/and now: Instagram • Westview news, discussion (Urbanize Atlanta)
Tags
1591 Ralph David Abernathy Boulevard SW
1591 RDA Townhomes
Terminus
Atlanta Churches
Church Redevelopment
Terminus Design Group
Jelani Linder
Coldwell Banker Commercial Metro Brokers
Atlanta Townhomes
Atlanta Townhomes For Sale
Atlanta Townhouses
Westview Development
Atlanta Development
townhome design
Westview Cemetery
Southwest Atlanta
Images
The 1591 RDA Boulevard site’s proximity to Westview Cemetery (left) and soon-to-be-expanded Enota Park along the Beltline’s Westside Trail. Google Maps
How the planned townhome venture would front Ralph David Abernathy Boulevard a block from the Southeast’s largest graveyard. Terminus Design Group; via Coldwell Banker Commercial Metro Brokers
The Ralph David Abernathy Boulevard property in question in November. Google Maps
The 25-unit site plans along RDA Boulevard. Terminus Design Group; via Coldwell Banker Commercial Metro Brokers
Coldwell Banker Commercial Metro Brokers
Subtitle
Westview proposal would replace church property near Westside Trail
Neighborhood
Westview
Background Image
Image
Before/After Images
Sponsored Post
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Townhome project floated near historic Atlanta cemetery
Josh Green
Tue, 02/25/2025 – 14:05
In Southwest Atlanta, city-approved plans for a townhome venture are being offered for sale within walking distance of the Beltline and one of the Southeast’s most gorgeous historic graveyards. The 25-unit townhome proposal would replace a church property at 1591 Ralph David Abernathy Boulevard in Westview. The 1.1-acre site is across the street from the largest civilian cemetery in the Southeast, Westview Cemetery. The scenic greenspace spans nearly 600 acres, dates to the 1880s, and has hosted more than 100,000 interments. In the other direction, the Beltline’s Westside Trail—and Enota Park, where a multifaceted expansion is set to kick off this year—is located about five blocks away.
The 1591 RDA Boulevard site’s proximity to Westview Cemetery (left) and soon-to-be-expanded Enota Park along the Beltline’s Westside Trail. Google Maps
How the planned townhome venture would front Ralph David Abernathy Boulevard a block from the Southeast’s largest graveyard. Terminus Design Group; via Coldwell Banker Commercial Metro Brokers
According to a Coldwell Banker Commercial Metro Brokers listing posted last week, the Ralph David Abernathy Boulevard site has been entitled for 25 townhomes, with a Special Administrative Permit already approved to begin development.The $2.3 million asking price includes those plans and survey documents, per the listing. Fulton County property records indicate an LLC called RDA Development bought the 1.09-acre site from the church two years ago for $90,000.
The 25-unit site plans along RDA Boulevard. Terminus Design Group; via Coldwell Banker Commercial Metro Brokers
The Ralph David Abernathy Boulevard property in question in November. Google Maps
According to Coldwell Banker, the owner also owns five lots across the street, entitled for another five townhomes. Those parcels are asking $460,000 total. …Follow us on social media: Twitter / Facebook/and now: Instagram • Westview news, discussion (Urbanize Atlanta)
Tags
1591 Ralph David Abernathy Boulevard SW
1591 RDA Townhomes
Terminus
Atlanta Churches
Church Redevelopment
Terminus Design Group
Jelani Linder
Coldwell Banker Commercial Metro Brokers
Atlanta Townhomes
Atlanta Townhomes For Sale
Atlanta Townhouses
Westview Development
Atlanta Development
townhome design
Westview Cemetery
Southwest Atlanta
Images
The 1591 RDA Boulevard site’s proximity to Westview Cemetery (left) and soon-to-be-expanded Enota Park along the Beltline’s Westside Trail. Google Maps
How the planned townhome venture would front Ralph David Abernathy Boulevard a block from the Southeast’s largest graveyard. Terminus Design Group; via Coldwell Banker Commercial Metro Brokers
The Ralph David Abernathy Boulevard property in question in November. Google Maps
The 25-unit site plans along RDA Boulevard. Terminus Design Group; via Coldwell Banker Commercial Metro Brokers
Coldwell Banker Commercial Metro Brokers
Subtitle
Westview proposal would replace church property near Westside Trail
Neighborhood
Westview
Background Image
Image
Before/After Images
Sponsored Post
Off
Beltline leadership: Big year on tap for affordable housing near trails
Beltline leadership: Big year on tap for affordable housing near trails
Beltline leadership: Big year on tap for affordable housing near trails
Josh Green
Tue, 02/25/2025 – 11:45
Atlanta Beltline Inc. is taking stock this week of what leadership calls a monumental year for affordable housing delivery in the city, with several more trail-adjacent projects expected to take key steps forward in 2025.
According to a tally released today, the Beltline in 2024 delivered 569 affordable housing units around Atlanta—or almost 90 percent more than its annual goal of 300 affordable homes.
Examples included the 56-unit Stanton Park Apartments that opened last winter in Peoplestown (with rents starting at $542 monthly), backed by $2 million from the Atlanta Beltline Affordable Housing Trust Fund.
The Stanton Park facade at 1056 Hank Aaron Drive in Peoplestown. Stanton Park Apartments; Woda Cooper Companies/Parallel Housing Inc.
With 2024 in the books, Beltline leaders say they’ve reached 74 percent of their target to create or preserve 5,600 affordable housing units near trails by 2030, when the 22-mile, multi-purpose loop is scheduled to be finished. (Today, roughly 85 percent of the main Beltline is either finished or actively under construction, project officials have reported.)
The Beltline—which has now banked 87 acres of land for redevelopment, from southern Buckhead to the Westside, Pittsburgh, and beyond—expects to again exceed its housing goals for 2025.
The pace also suggests housing targets for 2030 will be surpassed, officials relayed this week.
“We’re hitting our stride in making equitable development a reality,” Clyde Higgs, Beltline president and CEO, noted in an announcement.
As for the 2025 outlook, Beltline leadership issued these updates, including the latest on a scheduled groundbreaking:
Trees Atlanta’s new headquarters (bottom left), the Murphy Crossing property, and the Beltline’s Westside Trail. LoKnows Drones; courtesy of Atlanta Beltline Inc.• Murphy Crossing: Despite a recent setback that came when Beltline leadership parted ways and canceled a contract with Arizona developer Culdesac and its Atlanta-based partner Urban Oasis Development, Beltline leadership struck an optimistic tone this week for a 20-acre redevelopment that could see hundreds of housing units priced below market-rate.
The Murphy Crossing site in 2025 will be rezoned to I-Mix, a designation that allows for dense economic development—combining commercial, residential, and even jobs-producing industrial uses on a single property—in underserved neighborhoods around the city. Public meetings regarding Murphy Crossing’s remake are expected to begin next month.
Pittsburgh Yards and buildable acreage along a finished section of the Southside Trail. LoKnows Drones; courtesy of Atlanta Beltline Inc.• Pittsburgh Yards’ neighbor: The 14-acre blank slate that is 346 University Ave. is also expected to undergo I-Mix rezoning in 2025, setting the stage for potential mixed-use growth.
The Beltline paid $13.3 million for the Pittsburgh property in the summer of 2023, and community engagement and master-planning work continues. “The Beltline is currently in the planning phase and incorporating community feedback to shape the future of the site,” notes this week’s update.
Potential look of commercial frontage along the Beltline near Garson Drive.via Invest Atlanta/ABI• Northwest Trail land: At the 579 Garson Drive site in southern Buckhead near Lindbergh, 130 units of affordable housing and roughly 10,000 square feet of below-market commercial space is in the works, as Northwest Trail construction progresses nearby.
Beltline officials report the Atlanta City Council has approved rezoning for mixed-use development to move forward. The project remains in design phases but is expected to break ground in the fourth quarter of this year, per Beltline officials.
Chappell Road acreage west of Midtown today. TSW; courtesy of Atlanta Beltline Inc.• Big Westside potential: The largest chunk of land in the Beltline’s portfolio—a 425 Chappell Road site spanning more than 31 acres—has been submitted to the Georgia Department of Community Affairs for review as a Development of Regional Impact, a designation for projects big enough to effect multiple jurisdictions. Meanwhile, the site has received rezoning approval from the Atlanta City Council for redevelopment.
According to Beltline leadership, predevelopment work for the first five blocks of development has started; that facet of the site calls for about 150 units of for-sale housing and roughly 5,000 square feet of affordable commercial spaces. The site is situated just south of Westside Park (now renamed for former Atlanta Mayor Shirley Franklin) and MARTA’s Bankhead station.
…
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• Beltline news, discussion (Urbanize Atlanta)
Trees Atlanta’s new headquarters (bottom left), the Murphy Crossing property, and the Beltline’s Westside Trail. LoKnows Drones; courtesy of Atlanta Beltline Inc.
The Residences at Chosewood Park project. Courtesy of Atlanta Beltline Inc.
The 160-unit Englewood senior housing site last year. The Benoit Group and JM Wilkerson; courtesy of Atlanta Beltline Inc.
Chappell Road acreage west of Midtown today. TSW; courtesy of Atlanta Beltline Inc.
Pittsburgh Yards and buildable acreage along a finished section of the Southside Trail. LoKnows Drones; courtesy of Atlanta Beltline Inc.
Beltline leadership: Big year on tap for affordable housing near trails
Josh Green
Tue, 02/25/2025 – 11:45
Atlanta Beltline Inc. is taking stock this week of what leadership calls a monumental year for affordable housing delivery in the city, with several more trail-adjacent projects expected to take key steps forward in 2025. According to a tally released today, the Beltline in 2024 delivered 569 affordable housing units around Atlanta—or almost 90 percent more than its annual goal of 300 affordable homes. Examples included the 56-unit Stanton Park Apartments that opened last winter in Peoplestown (with rents starting at $542 monthly), backed by $2 million from the Atlanta Beltline Affordable Housing Trust Fund.
The Stanton Park facade at 1056 Hank Aaron Drive in Peoplestown. Stanton Park Apartments; Woda Cooper Companies/Parallel Housing Inc.
With 2024 in the books, Beltline leaders say they’ve reached 74 percent of their target to create or preserve 5,600 affordable housing units near trails by 2030, when the 22-mile, multi-purpose loop is scheduled to be finished. (Today, roughly 85 percent of the main Beltline is either finished or actively under construction, project officials have reported.) The Beltline—which has now banked 87 acres of land for redevelopment, from southern Buckhead to the Westside, Pittsburgh, and beyond—expects to again exceed its housing goals for 2025. The pace also suggests housing targets for 2030 will be surpassed, officials relayed this week. “We’re hitting our stride in making equitable development a reality,” Clyde Higgs, Beltline president and CEO, noted in an announcement.As for the 2025 outlook, Beltline leadership issued these updates, including the latest on a scheduled groundbreaking:
Trees Atlanta’s new headquarters (bottom left), the Murphy Crossing property, and the Beltline’s Westside Trail. LoKnows Drones; courtesy of Atlanta Beltline Inc.
• Murphy Crossing: Despite a recent setback that came when Beltline leadership parted ways and canceled a contract with Arizona developer Culdesac and its Atlanta-based partner Urban Oasis Development, Beltline leadership struck an optimistic tone this week for a 20-acre redevelopment that could see hundreds of housing units priced below market-rate. The Murphy Crossing site in 2025 will be rezoned to I-Mix, a designation that allows for dense economic development—combining commercial, residential, and even jobs-producing industrial uses on a single property—in underserved neighborhoods around the city. Public meetings regarding Murphy Crossing’s remake are expected to begin next month.
Pittsburgh Yards and buildable acreage along a finished section of the Southside Trail. LoKnows Drones; courtesy of Atlanta Beltline Inc.
• Pittsburgh Yards’ neighbor: The 14-acre blank slate that is 346 University Ave. is also expected to undergo I-Mix rezoning in 2025, setting the stage for potential mixed-use growth. The Beltline paid $13.3 million for the Pittsburgh property in the summer of 2023, and community engagement and master-planning work continues. “The Beltline is currently in the planning phase and incorporating community feedback to shape the future of the site,” notes this week’s update.
Potential look of commercial frontage along the Beltline near Garson Drive.via Invest Atlanta/ABI
• Northwest Trail land: At the 579 Garson Drive site in southern Buckhead near Lindbergh, 130 units of affordable housing and roughly 10,000 square feet of below-market commercial space is in the works, as Northwest Trail construction progresses nearby. Beltline officials report the Atlanta City Council has approved rezoning for mixed-use development to move forward. The project remains in design phases but is expected to break ground in the fourth quarter of this year, per Beltline officials.
Chappell Road acreage west of Midtown today. TSW; courtesy of Atlanta Beltline Inc.
• Big Westside potential: The largest chunk of land in the Beltline’s portfolio—a 425 Chappell Road site spanning more than 31 acres—has been submitted to the Georgia Department of Community Affairs for review as a Development of Regional Impact, a designation for projects big enough to effect multiple jurisdictions. Meanwhile, the site has received rezoning approval from the Atlanta City Council for redevelopment. According to Beltline leadership, predevelopment work for the first five blocks of development has started; that facet of the site calls for about 150 units of for-sale housing and roughly 5,000 square feet of affordable commercial spaces. The site is situated just south of Westside Park (now renamed for former Atlanta Mayor Shirley Franklin) and MARTA’s Bankhead station. …Follow us on social media: Twitter / Facebook/and now: Instagram • Beltline news, discussion (Urbanize Atlanta)
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Trees Atlanta’s new headquarters (bottom left), the Murphy Crossing property, and the Beltline’s Westside Trail. LoKnows Drones; courtesy of Atlanta Beltline Inc.
The Residences at Chosewood Park project. Courtesy of Atlanta Beltline Inc.
The 160-unit Englewood senior housing site last year. The Benoit Group and JM Wilkerson; courtesy of Atlanta Beltline Inc.
Chappell Road acreage west of Midtown today. TSW; courtesy of Atlanta Beltline Inc.
Pittsburgh Yards and buildable acreage along a finished section of the Southside Trail. LoKnows Drones; courtesy of Atlanta Beltline Inc.
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Nearly 600 units deemed affordable were delivered in 2024, according to agency summary
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Beltline leadership: Big year on tap for affordable housing near trails
Josh Green
Tue, 02/25/2025 – 11:45
Atlanta Beltline Inc. is taking stock this week of what leadership calls a monumental year for affordable housing delivery in the city, with several more trail-adjacent projects expected to take key steps forward in 2025. According to a tally released today, the Beltline in 2024 delivered 569 affordable housing units around Atlanta—or almost 90 percent more than its annual goal of 300 affordable homes. Examples included the 56-unit Stanton Park Apartments that opened last winter in Peoplestown (with rents starting at $542 monthly), backed by $2 million from the Atlanta Beltline Affordable Housing Trust Fund.
The Stanton Park facade at 1056 Hank Aaron Drive in Peoplestown. Stanton Park Apartments; Woda Cooper Companies/Parallel Housing Inc.
With 2024 in the books, Beltline leaders say they’ve reached 74 percent of their target to create or preserve 5,600 affordable housing units near trails by 2030, when the 22-mile, multi-purpose loop is scheduled to be finished. (Today, roughly 85 percent of the main Beltline is either finished or actively under construction, project officials have reported.) The Beltline—which has now banked 87 acres of land for redevelopment, from southern Buckhead to the Westside, Pittsburgh, and beyond—expects to again exceed its housing goals for 2025. The pace also suggests housing targets for 2030 will be surpassed, officials relayed this week. “We’re hitting our stride in making equitable development a reality,” Clyde Higgs, Beltline president and CEO, noted in an announcement.As for the 2025 outlook, Beltline leadership issued these updates, including the latest on a scheduled groundbreaking:
Trees Atlanta’s new headquarters (bottom left), the Murphy Crossing property, and the Beltline’s Westside Trail. LoKnows Drones; courtesy of Atlanta Beltline Inc.
• Murphy Crossing: Despite a recent setback that came when Beltline leadership parted ways and canceled a contract with Arizona developer Culdesac and its Atlanta-based partner Urban Oasis Development, Beltline leadership struck an optimistic tone this week for a 20-acre redevelopment that could see hundreds of housing units priced below market-rate. The Murphy Crossing site in 2025 will be rezoned to I-Mix, a designation that allows for dense economic development—combining commercial, residential, and even jobs-producing industrial uses on a single property—in underserved neighborhoods around the city. Public meetings regarding Murphy Crossing’s remake are expected to begin next month.
Pittsburgh Yards and buildable acreage along a finished section of the Southside Trail. LoKnows Drones; courtesy of Atlanta Beltline Inc.
• Pittsburgh Yards’ neighbor: The 14-acre blank slate that is 346 University Ave. is also expected to undergo I-Mix rezoning in 2025, setting the stage for potential mixed-use growth. The Beltline paid $13.3 million for the Pittsburgh property in the summer of 2023, and community engagement and master-planning work continues. “The Beltline is currently in the planning phase and incorporating community feedback to shape the future of the site,” notes this week’s update.
Potential look of commercial frontage along the Beltline near Garson Drive.via Invest Atlanta/ABI
• Northwest Trail land: At the 579 Garson Drive site in southern Buckhead near Lindbergh, 130 units of affordable housing and roughly 10,000 square feet of below-market commercial space is in the works, as Northwest Trail construction progresses nearby. Beltline officials report the Atlanta City Council has approved rezoning for mixed-use development to move forward. The project remains in design phases but is expected to break ground in the fourth quarter of this year, per Beltline officials.
Chappell Road acreage west of Midtown today. TSW; courtesy of Atlanta Beltline Inc.
• Big Westside potential: The largest chunk of land in the Beltline’s portfolio—a 425 Chappell Road site spanning more than 31 acres—has been submitted to the Georgia Department of Community Affairs for review as a Development of Regional Impact, a designation for projects big enough to effect multiple jurisdictions. Meanwhile, the site has received rezoning approval from the Atlanta City Council for redevelopment. According to Beltline leadership, predevelopment work for the first five blocks of development has started; that facet of the site calls for about 150 units of for-sale housing and roughly 5,000 square feet of affordable commercial spaces. The site is situated just south of Westside Park (now renamed for former Atlanta Mayor Shirley Franklin) and MARTA’s Bankhead station. …Follow us on social media: Twitter / Facebook/and now: Instagram • Beltline news, discussion (Urbanize Atlanta)
Tags
Beltline
Atlanta BeltLine
Atlanta BeltLine Inc.
Clyde Higgs
Invest Atlanta
City of Atlanta
Atlanta Housing
Georgia Department of Community Affairs
Development Authority of Fulton County
Atlanta Urban Development Corporation
Westside Trail
Southside Trail
Mayor Andre Dickens
affordable
Affordable Housing
Atlanta Affordability
Atlanta Affordable Housing
579 Garson Drive
Englewood
Atlanta Development
Atlanta Construction
I-Mix
Culdesac
Westside Park
Images
Trees Atlanta’s new headquarters (bottom left), the Murphy Crossing property, and the Beltline’s Westside Trail. LoKnows Drones; courtesy of Atlanta Beltline Inc.
The Residences at Chosewood Park project. Courtesy of Atlanta Beltline Inc.
The 160-unit Englewood senior housing site last year. The Benoit Group and JM Wilkerson; courtesy of Atlanta Beltline Inc.
Chappell Road acreage west of Midtown today. TSW; courtesy of Atlanta Beltline Inc.
Pittsburgh Yards and buildable acreage along a finished section of the Southside Trail. LoKnows Drones; courtesy of Atlanta Beltline Inc.
Subtitle
Nearly 600 units deemed affordable were delivered in 2024, according to agency summary
Neighborhood
Citywide
Background Image
Image
Before/After Images
Sponsored Post
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Proffitt Dixon Trades Nashville Rental Asset for Nearly $80M
Proffitt Dixon Trades Nashville Rental Asset for Nearly $80M
Origin Investments acquired the Queens Wedgewood-Houston (Queens WeHo), a 221-unit multifamily community at 715 Hagan St. in the WeHo neighborhood of downtown Nashville, Tenn. The purchase price exceeded $79.4 million.
Queens Wedgewood-Houston, developed by Proffitt Dixon, was delivered in 2023 and features a mix of studio, one-, two-, and three-bedroom units ranging in size from 559 square feet to 1,120 square feet. At the closing, the stabilized community was approximately 94% occupied after leasing at a pace of more than 20 units per month during the summer and fall.
Another significant benefit of the property is its restaurant and retail space. It is fully leased to Mercado by Butchertown, a Nashville restaurant with a rooftop bar, Ramone’s.
A Walker & Dunlop team led the Investment Sale and Debt Placement efforts in the transaction.
With this acquisition, Origin Investments’ portfolio of multifamily properties totals nine communities and over 2,300+ units in varying stages of pre-development, construction or operation in Nashville.
The post Proffitt Dixon Trades Nashville Rental Asset for Nearly $80M appeared first on Connect CRE.
Origin Investments acquired the Queens Wedgewood-Houston (Queens WeHo), a 221-unit multifamily community at 715 Hagan St. in the WeHo neighborhood of downtown Nashville, Tenn. The purchase price exceeded $79.4 million. Queens Wedgewood-Houston, developed by Proffitt Dixon, was delivered in 2023 and features a mix of studio, one-, two-, and three-bedroom units ranging in size from …
The post Proffitt Dixon Trades Nashville Rental Asset for Nearly $80M appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Origin Investments acquired the Queens Wedgewood-Houston (Queens WeHo), a 221-unit multifamily community at 715 Hagan St. in the WeHo neighborhood of downtown Nashville, Tenn. The purchase price exceeded $79.4 million. Queens Wedgewood-Houston, developed by Proffitt Dixon, was delivered in 2023 and features a mix of studio, one-, two-, and three-bedroom units ranging in size from …
The post Proffitt Dixon Trades Nashville Rental Asset for Nearly $80M appeared first on Connect CRE.