Nashville-Area Offices Sell for Steep Discount
Nashville-Area Offices Sell for Steep Discount
The Westpark Building, a five-story office building in Brentwood’s Maryland Farms, sold at auction for $6.3 million to a local investor. The Nashville Business Journal reports the office building was owned by First National Bank of Tennessee, which acquired the property from Crestview Funds through foreclosure. Crestview paid $24.81 million for the building in December 2013.
The latest auction, which was held live on January 16, attracted 29 bidders.
The Westpark Building, located at 111 Westwood Place, was built in 1982 and offers nearly 100,000 square feet of office space on a 5.14-acre lot. The building was last appraised in 2023 for $17.253 million, and it has been vacant since late 2024.
The buyer plans to renovate the property and return it to the leasing market.
Two downtown towers went down in value in recent sales. Last month, East Coast investment firm Wheelock Street Capital sold downtown’s Philips Plaza at a $94.5 million loss and Parkway Towers at a $21 million loss.
The post Nashville-Area Offices Sell for Steep Discount appeared first on Connect CRE.
The Westpark Building, a five-story office building in Brentwood’s Maryland Farms, sold at auction for $6.3 million to a local investor. The Nashville Business Journal reports the office building was owned by First National Bank of Tennessee, which acquired the property from Crestview Funds through foreclosure. Crestview paid $24.81 million for the building in December 2013. The …
The post Nashville-Area Offices Sell for Steep Discount appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
The Westpark Building, a five-story office building in Brentwood’s Maryland Farms, sold at auction for $6.3 million to a local investor. The Nashville Business Journal reports the office building was owned by First National Bank of Tennessee, which acquired the property from Crestview Funds through foreclosure. Crestview paid $24.81 million for the building in December 2013. The …
The post Nashville-Area Offices Sell for Steep Discount appeared first on Connect CRE.
Proposed Rock Hill Chip Plant for Sale
Proposed Rock Hill Chip Plant for Sale
Not long ago Pallidus had plans to build a a $443 million semiconductor plant in Rock Hill. The company was eyeing two buildings at 1786 and 1800 Overview Drive for not only the new plant, but offices as well. They were also looking to hire over 400 workers.
The Charlotte Business Journal reports the company pulled the plug on the project in October of last year and laid off 44% of its workforce and now the complex is back on the market. Avison Young’s Chris Loyd, Tom Tropeano and Henry Lobb are leading marketing efforts for the buildings, which are owned by Calare Properties.
Called Overview Center, the larger building is a 212,263-square-foot former manufacturing facility. It includes over 50,000 square feet of office space. The smaller building is a 74,934-square-foot building — which was constructed in 2021 — and includes 1,500 square feet of office space. The buildings are in Waterford Business Park near Waterford Golf Club.
The post Proposed Rock Hill Chip Plant for Sale appeared first on Connect CRE.
Not long ago Pallidus had plans to build a a $443 million semiconductor plant in Rock Hill. The company was eyeing two buildings at 1786 and 1800 Overview Drive for not only the new plant, but offices as well. They were also looking to hire over 400 workers. The Charlotte Business Journal reports the company …
The post Proposed Rock Hill Chip Plant for Sale appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Not long ago Pallidus had plans to build a a $443 million semiconductor plant in Rock Hill. The company was eyeing two buildings at 1786 and 1800 Overview Drive for not only the new plant, but offices as well. They were also looking to hire over 400 workers. The Charlotte Business Journal reports the company …
The post Proposed Rock Hill Chip Plant for Sale appeared first on Connect CRE.
Atlanta developer pitches $5 billion data center in Newton County
Atlanta developer pitches $5 billion data center in Newton County
The proposed Newton County project follows a string of data centers that are planned in the outer parts of metro Atlanta.
The proposed Newton County project follows a string of data centers that are planned in the outer parts of metro Atlanta. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
The proposed Newton County project follows a string of data centers that are planned in the outer parts of metro Atlanta.
Atlanta developer pitches $5 billion data center in Newton County
Atlanta developer pitches $5 billion data center in Newton County
The proposed Newton County project follows a string of data centers that are planned in the outer parts of metro Atlanta.
The proposed Newton County project follows a string of data centers that are planned in the outer parts of metro Atlanta. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
The proposed Newton County project follows a string of data centers that are planned in the outer parts of metro Atlanta.
For Mall West End, beginning of the end has begun
For Mall West End, beginning of the end has begun
For Mall West End, beginning of the end has begun
Josh Green
Fri, 01/17/2025 – 14:25
After a run that spanned more than 50 years, West End’s shopping mall is slated to close by the end of January.
According to developers The Prusik Group and BRP Companies, the demolition and construction phase is on the horizon for Mall West End, a suburban-style shopping enclave and longtime community cornerstone that’s struggled in recent years with vacancies like many traditional malls.
The mall is set to be replaced in coming years with a multifaceted project called One West End, which will include some 1.7 million square feet of development and cost in the ballpark of $450 million.
The initial phase is scheduled to debut in about three years.
Before the mall locks up for good this month, developers say four longtime tenants are being relocated to a temporary onsite location at 850 Oak St. that will allow them to continue operating throughout the entirety of One West End’s development.
Those businesses—apparel store The Burning Sands, Dendera Cosmetics, True Hair, and American Deli—will be allowed to open in fresh, permanent retail spaces once development is complete, according to project officials.
Meanwhile, a Planet Fitness location situated near the middle of the 12-acre site will continue operating where it stands during phase one of construction, per officials.
The most recent proposed redevelopment of parking lots at Oak and Dunn streets.
Prusik Group/BRP Companies; One West End
Broader look at proposed mid-rise construction and a new through-street where Mall West End currently stands. Prusik Group/BRP Companies; One West End
BRP Companies and The Prusik Group, both New York City-based real estate companies, closed on Mall West End’s property in October for an undisclosed price.
Those firms are redeveloping the retail center in partnership with the City of Atlanta, Atlanta Beltline Inc., and Atlanta Urban Development Corporation, a local nonprofit entity that aims to develop underused public land into mixed-income housing.
The mall originally opened in 1973, replacing a commercial district and numerous West End houses.
One West End’s first components are scheduled to open in 2028, leveraging the site’s proximity to downtown, MARTA, the Beltline, and Atlanta University Center, among other attractions. Developers have said upcoming rounds of community input will help shape what the project becomes.
Key facets of the redevelopment are set to include roughly 125,000 square feet of retail with a grocery store, local boutiques, a fitness center, and food-and-beverage options. At least 10,000 square feet of commercial space that leases at affordable rates will also be in the mix for qualified local small businesses, along with 12,000 square feet of medical office space, per the city.
Other sections would see a 150-room hotel built, plus roughly 900 units of mixed-income rental housing.
According to city officials, 70 percent of those rentals would be reserved as workforce housing, while 20 percent would rent at 50 percent of the area median income or less, and 10 percent at 80 percent AMI.
Elsewhere would be student housing and communal perks that include bike parking, a public greenspace, resident lounges, and activated streetscapes, per the city.
General scope of the 1970s mall property and its 12 acres, with MARTA rail shown at right. Google Maps
Three earlier visions for a mall site revival in West End fell apart, including a slightly smaller proposal (1.5 million square feet of total development) from The Prusik Group and BRP.
The development team has vowed to contribute at least $500,000 to a fund that will help qualifying commercial tenants with rent credits and tenant improvement allowances.
Funding for the deal includes $19 million in acquisition financing provided by Merchants Capital, plus a $5 million acquisition loan from Atlanta Urban Development and another $5 million from Beltline coffers, city officials have said.
…
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• West End news, discussion (Urbanize Atlanta)
General scope of the 1970s mall property and its 12 acres, with MARTA rail shown at right. Google Maps
The Prusik Group and BRP Companies’ vision for Ralph David Abernathy Boulevard (fist revealed in 2022) is included with new marketing materials.
Prusik Group/BRP Companies; One West End
How residential would be stacked over neighborhood amenities at One West End. Prusik Group/BRP Companies; One West End
The most recent proposed redevelopment of parking lots at Oak and Dunn streets.
Prusik Group/BRP Companies; One West End
Broader look at proposed mid-rise construction and a new through-street where Mall West End currently stands. Prusik Group/BRP Companies; One West End
For Mall West End, beginning of the end has begun
Josh Green
Fri, 01/17/2025 – 14:25
After a run that spanned more than 50 years, West End’s shopping mall is slated to close by the end of January.
According to developers The Prusik Group and BRP Companies, the demolition and construction phase is on the horizon for Mall West End, a suburban-style shopping enclave and longtime community cornerstone that’s struggled in recent years with vacancies like many traditional malls.
The mall is set to be replaced in coming years with a multifaceted project called One West End, which will include some 1.7 million square feet of development and cost in the ballpark of $450 million.
The initial phase is scheduled to debut in about three years.
Before the mall locks up for good this month, developers say four longtime tenants are being relocated to a temporary onsite location at 850 Oak St. that will allow them to continue operating throughout the entirety of One West End’s development.
Those businesses—apparel store The Burning Sands, Dendera Cosmetics, True Hair, and American Deli—will be allowed to open in fresh, permanent retail spaces once development is complete, according to project officials.
Meanwhile, a Planet Fitness location situated near the middle of the 12-acre site will continue operating where it stands during phase one of construction, per officials.
The most recent proposed redevelopment of parking lots at Oak and Dunn streets.
Prusik Group/BRP Companies; One West End
Broader look at proposed mid-rise construction and a new through-street where Mall West End currently stands. Prusik Group/BRP Companies; One West End
BRP Companies and The Prusik Group, both New York City-based real estate companies, closed on Mall West End’s property in October for an undisclosed price.
Those firms are redeveloping the retail center in partnership with the City of Atlanta, Atlanta Beltline Inc., and Atlanta Urban Development Corporation, a local nonprofit entity that aims to develop underused public land into mixed-income housing.
The mall originally opened in 1973, replacing a commercial district and numerous West End houses.
One West End’s first components are scheduled to open in 2028, leveraging the site’s proximity to downtown, MARTA, the Beltline, and Atlanta University Center, among other attractions. Developers have said upcoming rounds of community input will help shape what the project becomes.
Key facets of the redevelopment are set to include roughly 125,000 square feet of retail with a grocery store, local boutiques, a fitness center, and food-and-beverage options. At least 10,000 square feet of commercial space that leases at affordable rates will also be in the mix for qualified local small businesses, along with 12,000 square feet of medical office space, per the city.
Other sections would see a 150-room hotel built, plus roughly 900 units of mixed-income rental housing.
According to city officials, 70 percent of those rentals would be reserved as workforce housing, while 20 percent would rent at 50 percent of the area median income or less, and 10 percent at 80 percent AMI.
Elsewhere would be student housing and communal perks that include bike parking, a public greenspace, resident lounges, and activated streetscapes, per the city.
General scope of the 1970s mall property and its 12 acres, with MARTA rail shown at right. Google Maps
Three earlier visions for a mall site revival in West End fell apart, including a slightly smaller proposal (1.5 million square feet of total development) from The Prusik Group and BRP.
The development team has vowed to contribute at least $500,000 to a fund that will help qualifying commercial tenants with rent credits and tenant improvement allowances.
Funding for the deal includes $19 million in acquisition financing provided by Merchants Capital, plus a $5 million acquisition loan from Atlanta Urban Development and another $5 million from Beltline coffers, city officials have said.
…
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Tags
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One West End
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Images
General scope of the 1970s mall property and its 12 acres, with MARTA rail shown at right. Google Maps
The Prusik Group and BRP Companies’ vision for Ralph David Abernathy Boulevard (fist revealed in 2022) is included with new marketing materials.
Prusik Group/BRP Companies; One West End
How residential would be stacked over neighborhood amenities at One West End. Prusik Group/BRP Companies; One West End
The most recent proposed redevelopment of parking lots at Oak and Dunn streets.
Prusik Group/BRP Companies; One West End
Broader look at proposed mid-rise construction and a new through-street where Mall West End currently stands. Prusik Group/BRP Companies; One West End
Subtitle
1970s community cornerstone set to close this month, be replaced with $450M “One West End”
Neighborhood
West End
Background Image
Image
Associated Project
Mall West End redevelopment
Before/After Images
Sponsored Post
Off Read More
For Mall West End, beginning of the end has begun
Josh Green
Fri, 01/17/2025 – 14:25
After a run that spanned more than 50 years, West End’s shopping mall is slated to close by the end of January.
According to developers The Prusik Group and BRP Companies, the demolition and construction phase is on the horizon for Mall West End, a suburban-style shopping enclave and longtime community cornerstone that’s struggled in recent years with vacancies like many traditional malls.
The mall is set to be replaced in coming years with a multifaceted project called One West End, which will include some 1.7 million square feet of development and cost in the ballpark of $450 million.
The initial phase is scheduled to debut in about three years.
Before the mall locks up for good this month, developers say four longtime tenants are being relocated to a temporary onsite location at 850 Oak St. that will allow them to continue operating throughout the entirety of One West End’s development.
Those businesses—apparel store The Burning Sands, Dendera Cosmetics, True Hair, and American Deli—will be allowed to open in fresh, permanent retail spaces once development is complete, according to project officials.
Meanwhile, a Planet Fitness location situated near the middle of the 12-acre site will continue operating where it stands during phase one of construction, per officials.
The most recent proposed redevelopment of parking lots at Oak and Dunn streets.
Prusik Group/BRP Companies; One West End
Broader look at proposed mid-rise construction and a new through-street where Mall West End currently stands. Prusik Group/BRP Companies; One West End
BRP Companies and The Prusik Group, both New York City-based real estate companies, closed on Mall West End’s property in October for an undisclosed price.
Those firms are redeveloping the retail center in partnership with the City of Atlanta, Atlanta Beltline Inc., and Atlanta Urban Development Corporation, a local nonprofit entity that aims to develop underused public land into mixed-income housing.
The mall originally opened in 1973, replacing a commercial district and numerous West End houses.
One West End’s first components are scheduled to open in 2028, leveraging the site’s proximity to downtown, MARTA, the Beltline, and Atlanta University Center, among other attractions. Developers have said upcoming rounds of community input will help shape what the project becomes.
Key facets of the redevelopment are set to include roughly 125,000 square feet of retail with a grocery store, local boutiques, a fitness center, and food-and-beverage options. At least 10,000 square feet of commercial space that leases at affordable rates will also be in the mix for qualified local small businesses, along with 12,000 square feet of medical office space, per the city.
Other sections would see a 150-room hotel built, plus roughly 900 units of mixed-income rental housing.
According to city officials, 70 percent of those rentals would be reserved as workforce housing, while 20 percent would rent at 50 percent of the area median income or less, and 10 percent at 80 percent AMI.
Elsewhere would be student housing and communal perks that include bike parking, a public greenspace, resident lounges, and activated streetscapes, per the city.
General scope of the 1970s mall property and its 12 acres, with MARTA rail shown at right. Google Maps
Three earlier visions for a mall site revival in West End fell apart, including a slightly smaller proposal (1.5 million square feet of total development) from The Prusik Group and BRP.
The development team has vowed to contribute at least $500,000 to a fund that will help qualifying commercial tenants with rent credits and tenant improvement allowances.
Funding for the deal includes $19 million in acquisition financing provided by Merchants Capital, plus a $5 million acquisition loan from Atlanta Urban Development and another $5 million from Beltline coffers, city officials have said.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• West End news, discussion (Urbanize Atlanta)
Tags
850 Oak Street SW
One West End
The Mall West End
West End Mall
Prusik Group
Harlem
South Bronx
Tishman Speyer
Ackerman and Co.
Southwest Atlanta
Dabar Development Partners
Elevator City Partners
Ryan Gravel
Donray Von
Gentrification
Atlanta University Center
Lee + White
Gensler
Atlanta Development
Atlanta Malls
food desert
BRP Companies
Atlanta Urban Development Corporation
Atlanta Urban Development
Affordable Housing
affordable housing
Merchants Capital
Images
General scope of the 1970s mall property and its 12 acres, with MARTA rail shown at right. Google Maps
The Prusik Group and BRP Companies’ vision for Ralph David Abernathy Boulevard (fist revealed in 2022) is included with new marketing materials.
Prusik Group/BRP Companies; One West End
How residential would be stacked over neighborhood amenities at One West End. Prusik Group/BRP Companies; One West End
The most recent proposed redevelopment of parking lots at Oak and Dunn streets.
Prusik Group/BRP Companies; One West End
Broader look at proposed mid-rise construction and a new through-street where Mall West End currently stands. Prusik Group/BRP Companies; One West End
Subtitle
1970s community cornerstone set to close this month, be replaced with $450M “One West End”
Neighborhood
West End
Background Image
Image
Associated Project
Mall West End redevelopment
Before/After Images
Sponsored Post
Off
From Minnesota to Midtown: Cargill unveils Atlanta tech hub
From Minnesota to Midtown: Cargill unveils Atlanta tech hub
It joins the innovation district at Midtown’s Technology Square.
It joins the innovation district at Midtown’s Technology Square. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
It joins the innovation district at Midtown’s Technology Square.
From Minnesota to Midtown: Cargill unveils Atlanta tech hub
From Minnesota to Midtown: Cargill unveils Atlanta tech hub
It joins the innovation district at Midtown’s Technology Square.
It joins the innovation district at Midtown’s Technology Square. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
It joins the innovation district at Midtown’s Technology Square.
Foreclosed-On Burlington Shopping Center Trades for $38.5M
Foreclosed-On Burlington Shopping Center Trades for $38.5M
A judge approved the sale of Alamance Crossing, an 855,000-square-foot shopping center in Burlington, to Real Capital Solutions for $38.5 million. The Triad Business Journal reports that Alamance Crossing has faced financial troubles in the past few years. In 2023, the Alamance County Superior Court appointed Spinoso Real Estate Group to take over management from CBL Properties after it defaulted on a $50.8 million bank loan in 2021. In July of 2024, the Alamance Superior Court ordered that the property be listed for sale.
Alamance Crossing is located in the eastern part of Burlington, just off Interstate 40 and near University Drive. The shopping center has retailers including Victoria’s Secret, Shoe Depot, Talbots, Furniture World, Bath & Body Works and Barnes & Noble. It also includes the Southeast Cinemas Alamance Crossing Stadium 16 movie theater as well as restaurants such as Red Bowl Asian Bistro, Cork & Cow, Buffalo Wild Wings and Royal Tea Cafe.
The post Foreclosed-On Burlington Shopping Center Trades for $38.5M appeared first on Connect CRE.
A judge approved the sale of Alamance Crossing, an 855,000-square-foot shopping center in Burlington, to Real Capital Solutions for $38.5 million. The Triad Business Journal reports that Alamance Crossing has faced financial troubles in the past few years. In 2023, the Alamance County Superior Court appointed Spinoso Real Estate Group to take over management from CBL …
The post Foreclosed-On Burlington Shopping Center Trades for $38.5M appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
A judge approved the sale of Alamance Crossing, an 855,000-square-foot shopping center in Burlington, to Real Capital Solutions for $38.5 million. The Triad Business Journal reports that Alamance Crossing has faced financial troubles in the past few years. In 2023, the Alamance County Superior Court appointed Spinoso Real Estate Group to take over management from CBL …
The post Foreclosed-On Burlington Shopping Center Trades for $38.5M appeared first on Connect CRE.
Insignia Snags Distressed Atlanta Office Asset
Insignia Snags Distressed Atlanta Office Asset
Insignia has acquired Parkside Terraces, a 20-acre Alpharetta office campus that sold for much less than the previous owner paid for it.
The Atlanta Business Chronicle reports Insignia took title to the property for $15 million through a deed in lieu of foreclosure. That was almost 70% less than the previous owner paid for the property about six years ago. Insignia secured a $10 million loan from White Oak Assets LLC for the transaction.
Parkside Terraces’ previous owner, Ravinia Capital Group, bought the property for $48.1 million in April 2019. Ravinia had secured a $39.2 million loan from Citizens Bank National Association, which matured in May 2024.
Parkside Terraces is on Mansell Road, not far from North Point Mall. It includes 127,000-square-foot and 156,000-square-foot buildings and is about 80% leased.
Similarly, Insignia acquired the Embassy Row in Sandy Springs for $34 million in late 2023 through a deed in lieu of foreclosure. A bank loan attached to the property at time of sale was for $60 million.
The post Insignia Snags Distressed Atlanta Office Asset appeared first on Connect CRE.
Insignia has acquired Parkside Terraces, a 20-acre Alpharetta office campus that sold for much less than the previous owner paid for it. The Atlanta Business Chronicle reports Insignia took title to the property for $15 million through a deed in lieu of foreclosure. That was almost 70% less than the previous owner paid for the …
The post Insignia Snags Distressed Atlanta Office Asset appeared first on Connect CRE. Read MoreAtlanta Metro Commercial Real Estate News
Insignia has acquired Parkside Terraces, a 20-acre Alpharetta office campus that sold for much less than the previous owner paid for it. The Atlanta Business Chronicle reports Insignia took title to the property for $15 million through a deed in lieu of foreclosure. That was almost 70% less than the previous owner paid for the …
The post Insignia Snags Distressed Atlanta Office Asset appeared first on Connect CRE.
Along Beltline, growth continues for multi-block Reynoldstown build
Along Beltline, growth continues for multi-block Reynoldstown build
Along Beltline, growth continues for multi-block Reynoldstown build
Josh Green
Fri, 01/17/2025 – 08:01
Perhaps it’s hard to believe, but a Reynoldstown project transforming several blocks of what’s been called Atlanta’s equivalent to beachfront real estate is approaching its fourth year of construction as 2025 dawns.
Rising from the ashes of a longstanding Reynoldstown steel mill, vertical construction has begun on the next 12-unit section of the Beltline-adjacent Stein Steel project, the largest active project in the neighborhood.
The Kirkwood Avenue building is taking shape among a mix of rare for-sale condos and townhomes a few steps from the Eastside Trail (now technically the Southeast Trail), just north of Memorial Drive.
Current site plan for Stein Steel, with the residential row in question (in red) just east of the Atlanta Beltline (top). Empire Communities/Stein Steel
The 12-unit building in question following Jan. 10’s snowstorm. Josh Green/Urbanize Atlanta
We’ve asked officials with developer Empire Communities for details on what Stein Steel’s next flank will entail exactly, and we’ll update this story with any additional info that comes.
An updated site map on the developer’s website indicates the building will house “stack terrace” units, with listed prices starting at $500,000 for two-bedroom, two-bathroom homes in 1,025 square feet.
Listed offerings in the building currently top out at $684,000, which also buys two bedrooms and two bathrooms but with more square footage (1,371).
The former condition of the Reynoldstown street in question, four years ago. Josh Green/Urbanize Atlanta
How the next Stein Steel flank relates to existing townhomes and condos at the 6.5-acre site. Josh Green/Urbanize Atlanta
Next door to the west, construction continues on a Stein Steel building with condos that’s part of a portion called the Central Tract, which Empire considers the project’s fourth development phase. (For-sale condos are still a relatively rare product for Atlanta, with the only other recent, Beltline-adjacent example being the upscale Roycraft project in Virginia-Highland.)
The Stein Steel project—named for a steel plant that operated on the 6.5-acre site for nearly a century—initially broke ground in 2021.
On the greenspace front, Empire finished work last year on the Upper Lang-Carson Park component (a half-acre expansion of an existing park next door) and officially transferred the private land and its infrastructure upgrades to the City of Atlanta. Stein Steel’s lone retail offering, Breaker Breaker restaurant, completed its buildout last spring by opening its upstairs bar, Floridaman.
Elsewhere around Stein Steel, the first two phases of townhomes have all sold. Remaining condos are priced from $325,000. That buys one bedroom and one bathroom in 691 square feet, above a one-car garage.
The Stein Steel site in question as plant operations ceased in 2021. Josh Green/Urbanize Atlanta
Construction this month on Stein Steel’s next building along Kirkwood Avenue. Josh Green/Urbanize Atlanta
Overall, Stein Steel is aiming to better weave itself into the historic neighborhood with buildings standing between two and four stories, project officials have said. Its dozens of condos, townhomes, and cottages will mostly be arranged around new streets.
Swing up to the gallery for more context and a closer look.
…
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• Reynoldstown news, discussion (Urbanize Atlanta)
Current site plan for Stein Steel, with the residential row in question (in red) just east of the Atlanta Beltline (top). Empire Communities/Stein Steel
Construction this month on Stein Steel’s next building along Kirkwood Avenue. Josh Green/Urbanize Atlanta
The 12-unit building in question following Jan. 10’s snowstorm. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
How the next Stein Steel flank relates to existing townhomes and condos at the 6.5-acre site. Josh Green/Urbanize Atlanta
Looking southwest to the new Stein Steel construction from Flat Shoals Avenue. Josh Green/Urbanize Atlanta
The former condition of the Reynoldstown street in question, four years ago. Josh Green/Urbanize Atlanta
The Stein Steel site in question as plant operations ceased in 2021. Josh Green/Urbanize Atlanta
Along Beltline, growth continues for multi-block Reynoldstown build
Josh Green
Fri, 01/17/2025 – 08:01
Perhaps it’s hard to believe, but a Reynoldstown project transforming several blocks of what’s been called Atlanta’s equivalent to beachfront real estate is approaching its fourth year of construction as 2025 dawns.
Rising from the ashes of a longstanding Reynoldstown steel mill, vertical construction has begun on the next 12-unit section of the Beltline-adjacent Stein Steel project, the largest active project in the neighborhood.
The Kirkwood Avenue building is taking shape among a mix of rare for-sale condos and townhomes a few steps from the Eastside Trail (now technically the Southeast Trail), just north of Memorial Drive.
Current site plan for Stein Steel, with the residential row in question (in red) just east of the Atlanta Beltline (top). Empire Communities/Stein Steel
The 12-unit building in question following Jan. 10’s snowstorm. Josh Green/Urbanize Atlanta
We’ve asked officials with developer Empire Communities for details on what Stein Steel’s next flank will entail exactly, and we’ll update this story with any additional info that comes.
An updated site map on the developer’s website indicates the building will house “stack terrace” units, with listed prices starting at $500,000 for two-bedroom, two-bathroom homes in 1,025 square feet.
Listed offerings in the building currently top out at $684,000, which also buys two bedrooms and two bathrooms but with more square footage (1,371).
The former condition of the Reynoldstown street in question, four years ago. Josh Green/Urbanize Atlanta
How the next Stein Steel flank relates to existing townhomes and condos at the 6.5-acre site. Josh Green/Urbanize Atlanta
Next door to the west, construction continues on a Stein Steel building with condos that’s part of a portion called the Central Tract, which Empire considers the project’s fourth development phase. (For-sale condos are still a relatively rare product for Atlanta, with the only other recent, Beltline-adjacent example being the upscale Roycraft project in Virginia-Highland.)
The Stein Steel project—named for a steel plant that operated on the 6.5-acre site for nearly a century—initially broke ground in 2021.
On the greenspace front, Empire finished work last year on the Upper Lang-Carson Park component (a half-acre expansion of an existing park next door) and officially transferred the private land and its infrastructure upgrades to the City of Atlanta. Stein Steel’s lone retail offering, Breaker Breaker restaurant, completed its buildout last spring by opening its upstairs bar, Floridaman.
Elsewhere around Stein Steel, the first two phases of townhomes have all sold. Remaining condos are priced from $325,000. That buys one bedroom and one bathroom in 691 square feet, above a one-car garage.
The Stein Steel site in question as plant operations ceased in 2021. Josh Green/Urbanize Atlanta
Construction this month on Stein Steel’s next building along Kirkwood Avenue. Josh Green/Urbanize Atlanta
Overall, Stein Steel is aiming to better weave itself into the historic neighborhood with buildings standing between two and four stories, project officials have said. Its dozens of condos, townhomes, and cottages will mostly be arranged around new streets.
Swing up to the gallery for more context and a closer look.
…
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Twitter / Facebook/and now: Instagram
• Reynoldstown news, discussion (Urbanize Atlanta)
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Current site plan for Stein Steel, with the residential row in question (in red) just east of the Atlanta Beltline (top). Empire Communities/Stein Steel
Construction this month on Stein Steel’s next building along Kirkwood Avenue. Josh Green/Urbanize Atlanta
The 12-unit building in question following Jan. 10’s snowstorm. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
How the next Stein Steel flank relates to existing townhomes and condos at the 6.5-acre site. Josh Green/Urbanize Atlanta
Looking southwest to the new Stein Steel construction from Flat Shoals Avenue. Josh Green/Urbanize Atlanta
The former condition of the Reynoldstown street in question, four years ago. Josh Green/Urbanize Atlanta
The Stein Steel site in question as plant operations ceased in 2021. Josh Green/Urbanize Atlanta
Subtitle
Next phase of Stein Steel goes vertical steps from Eastside Trail
Neighborhood
Reynoldstown
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Stein Steel – 933 Kirkwood
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Along Beltline, growth continues for multi-block Reynoldstown build
Josh Green
Fri, 01/17/2025 – 08:01
Perhaps it’s hard to believe, but a Reynoldstown project transforming several blocks of what’s been called Atlanta’s equivalent to beachfront real estate is approaching its fourth year of construction as 2025 dawns.
Rising from the ashes of a longstanding Reynoldstown steel mill, vertical construction has begun on the next 12-unit section of the Beltline-adjacent Stein Steel project, the largest active project in the neighborhood.
The Kirkwood Avenue building is taking shape among a mix of rare for-sale condos and townhomes a few steps from the Eastside Trail (now technically the Southeast Trail), just north of Memorial Drive.
Current site plan for Stein Steel, with the residential row in question (in red) just east of the Atlanta Beltline (top). Empire Communities/Stein Steel
The 12-unit building in question following Jan. 10’s snowstorm. Josh Green/Urbanize Atlanta
We’ve asked officials with developer Empire Communities for details on what Stein Steel’s next flank will entail exactly, and we’ll update this story with any additional info that comes.
An updated site map on the developer’s website indicates the building will house “stack terrace” units, with listed prices starting at $500,000 for two-bedroom, two-bathroom homes in 1,025 square feet.
Listed offerings in the building currently top out at $684,000, which also buys two bedrooms and two bathrooms but with more square footage (1,371).
The former condition of the Reynoldstown street in question, four years ago. Josh Green/Urbanize Atlanta
How the next Stein Steel flank relates to existing townhomes and condos at the 6.5-acre site. Josh Green/Urbanize Atlanta
Next door to the west, construction continues on a Stein Steel building with condos that’s part of a portion called the Central Tract, which Empire considers the project’s fourth development phase. (For-sale condos are still a relatively rare product for Atlanta, with the only other recent, Beltline-adjacent example being the upscale Roycraft project in Virginia-Highland.)
The Stein Steel project—named for a steel plant that operated on the 6.5-acre site for nearly a century—initially broke ground in 2021.
On the greenspace front, Empire finished work last year on the Upper Lang-Carson Park component (a half-acre expansion of an existing park next door) and officially transferred the private land and its infrastructure upgrades to the City of Atlanta. Stein Steel’s lone retail offering, Breaker Breaker restaurant, completed its buildout last spring by opening its upstairs bar, Floridaman.
Elsewhere around Stein Steel, the first two phases of townhomes have all sold. Remaining condos are priced from $325,000. That buys one bedroom and one bathroom in 691 square feet, above a one-car garage.
The Stein Steel site in question as plant operations ceased in 2021. Josh Green/Urbanize Atlanta
Construction this month on Stein Steel’s next building along Kirkwood Avenue. Josh Green/Urbanize Atlanta
Overall, Stein Steel is aiming to better weave itself into the historic neighborhood with buildings standing between two and four stories, project officials have said. Its dozens of condos, townhomes, and cottages will mostly be arranged around new streets.
Swing up to the gallery for more context and a closer look.
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933 Kirkwood Avenue SE
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Images
Current site plan for Stein Steel, with the residential row in question (in red) just east of the Atlanta Beltline (top). Empire Communities/Stein Steel
Construction this month on Stein Steel’s next building along Kirkwood Avenue. Josh Green/Urbanize Atlanta
The 12-unit building in question following Jan. 10’s snowstorm. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
How the next Stein Steel flank relates to existing townhomes and condos at the 6.5-acre site. Josh Green/Urbanize Atlanta
Looking southwest to the new Stein Steel construction from Flat Shoals Avenue. Josh Green/Urbanize Atlanta
The former condition of the Reynoldstown street in question, four years ago. Josh Green/Urbanize Atlanta
The Stein Steel site in question as plant operations ceased in 2021. Josh Green/Urbanize Atlanta
Subtitle
Next phase of Stein Steel goes vertical steps from Eastside Trail
Neighborhood
Reynoldstown
Background Image
Image
Associated Project
Stein Steel – 933 Kirkwood
Before/After Images
Sponsored Post
Off