Investor Building Two, Improving One Atlanta Mixed-Income Housing Project
Investor Building Two, Improving One Atlanta Mixed-Income Housing Project
Advantage Capital has come up with more than $53 million in state low-income housing tax credits to support the development and rehabilitation of three communities in the metro area. Altogether, these projects would deliver more than 600 units of affordable housing and cost more than $200 million to build.
Two new residential developments will rise in Southwest Atlanta’s Greenbriar neighborhood.
The Atlanta Business Journal reports the Flats at Stone Hogan is slated to feature 256 affordable housing units available to households earning less than the area median income. The adjacent Villas at Stone Hogan development would comprise 192 affordable units reserved for lower-income renters aged 55 and older. Zimmerman Properties is in line to deliver both communities. The projects would cost approximately $100 million and $70 million to develop, respectively.
Additionally, Advantage Capital’s investment will help fund the roughly $20 million revitalization of Applewood Towers.
Applewood Towers redevelopment should be completed by the end of 2025. The two new-construction developments lining Stone Hogan Connector Road are expected to wrap in mid-2027.
The post Investor Building Two, Improving One Atlanta Mixed-Income Housing Project appeared first on Connect CRE.
Advantage Capital has come up with more than $53 million in state low-income housing tax credits to support the development and rehabilitation of three communities in the metro area. Altogether, these projects would deliver more than 600 units of affordable housing and cost more than $200 million to build. Two new residential developments will rise …
The post Investor Building Two, Improving One Atlanta Mixed-Income Housing Project appeared first on Connect CRE. Read MoreAtlanta Commercial Real Estate News
Advantage Capital has come up with more than $53 million in state low-income housing tax credits to support the development and rehabilitation of three communities in the metro area. Altogether, these projects would deliver more than 600 units of affordable housing and cost more than $200 million to build. Two new residential developments will rise …
The post Investor Building Two, Improving One Atlanta Mixed-Income Housing Project appeared first on Connect CRE.
Vanderbilt Pays $66.9M for Downtown Nashville Parcels
Vanderbilt Pays $66.9M for Downtown Nashville Parcels
Vanderbilt University is buying up land in downtown Nashville to expand its footprint in the region. The university paid $66.9 million for a retail center on the town’s West End. The seller was Park Place Retail Partners. They paid $5.67 million for the four-parcel site in 2005.
The 3.23-acre property is anchored by the Park Place shopping center, which offers multiple restaurants, shops and office space in addition to Chipotle and Ted’s Montana Grill. The nearly 60,000-square-foot shopping center was constructed in 1985.
Vanderbilt will lease back the properties to the sellers.
The Nashville Business Journal reports the purchase is the latest addition to the university’s fast-growing Midtown portfolio.Vanderbilt has been buying up Midtown land for the last few years as it plans for the evolution of its campus in coming years, according to a previous statement. The latest purchase racks up the university’s land transaction volume to more than $260 million since 2019.
The post Vanderbilt Pays $66.9M for Downtown Nashville Parcels appeared first on Connect CRE.
Vanderbilt University is buying up land in downtown Nashville to expand its footprint in the region. The university paid $66.9 million for a retail center on the town’s West End. The seller was Park Place Retail Partners. They paid $5.67 million for the four-parcel site in 2005. The 3.23-acre property is anchored by the Park …
The post Vanderbilt Pays $66.9M for Downtown Nashville Parcels appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Vanderbilt University is buying up land in downtown Nashville to expand its footprint in the region. The university paid $66.9 million for a retail center on the town’s West End. The seller was Park Place Retail Partners. They paid $5.67 million for the four-parcel site in 2005. The 3.23-acre property is anchored by the Park …
The post Vanderbilt Pays $66.9M for Downtown Nashville Parcels appeared first on Connect CRE.
Development, climate change increase Atlanta’s flooding risk despite decades of work
Development, climate change increase Atlanta’s flooding risk despite decades of work
Ideas on how to solve the problem include stormwater fees for landowners, performance incentives for developers as well as special storage tunnels and detention basins.
Ideas on how to solve the problem include stormwater fees for landowners, performance incentives for developers as well as special storage tunnels and detention basins. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
Ideas on how to solve the problem include stormwater fees for landowners, performance incentives for developers as well as special storage tunnels and detention basins.
Fallon Company Breaks Ground on $100M Charlotte Apartments
Fallon Company Breaks Ground on $100M Charlotte Apartments
The Fallon Company started work on The Colwick, a $100 million, 234-unit multifamily rental project at Colwick and Chiswick roads in Charlotte. The Fallon Co. paid $7 million for the site in December 2022.
Axiom Architecture is the project architect and designer. Edifice Construction is the general contractor, and Santander Bank provided project financing.
The 7-story development will feature:
- 1, 2, and 3-bedroom units
- Co-working lounge with video conferencing rooms
- Saltwater pool
- Onsite pet spa and dog park
- Fitness center with private yoga studio
- Outdoor grill stations and pizza oven
- Garden courtyard with activity lawn and fireside lounge
- Resident social lounge and game room
- Golf Simulator room
- Outdoor gaming lawn with bistro lighting
The Colwick, which is expected to deliver in late 2026, will be the first large-scale rental building in Cotswold in decades.
The post Fallon Company Breaks Ground on $100M Charlotte Apartments appeared first on Connect CRE.
The Fallon Company started work on The Colwick, a $100 million, 234-unit multifamily rental project at Colwick and Chiswick roads in Charlotte. The Fallon Co. paid $7 million for the site in December 2022. Axiom Architecture is the project architect and designer. Edifice Construction is the general contractor, and Santander Bank provided project financing. The 7-story development …
The post Fallon Company Breaks Ground on $100M Charlotte Apartments appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
The Fallon Company started work on The Colwick, a $100 million, 234-unit multifamily rental project at Colwick and Chiswick roads in Charlotte. The Fallon Co. paid $7 million for the site in December 2022. Axiom Architecture is the project architect and designer. Edifice Construction is the general contractor, and Santander Bank provided project financing. The 7-story development …
The post Fallon Company Breaks Ground on $100M Charlotte Apartments appeared first on Connect CRE.
Investor Fund to Focus on Sunbelt Self-Storage Deals
Investor Fund to Focus on Sunbelt Self-Storage Deals
Madison Capital Group launched the Go Store It Opportunity Fund, LP, a $250 million self-storage investment initiative aimed at acquiring and developing a diversified portfolio across high-growth Sun Belt markets, concentrating on Florida, North Carolina and Georgia.
The Go Store It Opportunity Fund, LP encompasses a strategy that value-add acquisitions of under-managed, locally owned facilities with below-market rents, create potential for rental growth and operational improvements. The fund will also pursue pre-stabilized acquisitions, enabling it to acquire properties at a discount, with valuations nearing replacement cost and potential for improved cap rates as the properties stabilize. Additionally, the fund will target stabilized assets with strong occupancy rates, providing incremental growth in high-demand areas.
The fund also integrates a development component to construct high-quality storage facilities in select markets with favorable supply-demand dynamics. By strategically building in suburban, urban fringe, and urban core areas, the fund aims to meet diverse storage needs across communities in the Sun Belt.
The post Investor Fund to Focus on Sunbelt Self-Storage Deals appeared first on Connect CRE.
Madison Capital Group launched the Go Store It Opportunity Fund, LP, a $250 million self-storage investment initiative aimed at acquiring and developing a diversified portfolio across high-growth Sun Belt markets, concentrating on Florida, North Carolina and Georgia. The Go Store It Opportunity Fund, LP encompasses a strategy that value-add acquisitions of under-managed, locally owned facilities …
The post Investor Fund to Focus on Sunbelt Self-Storage Deals appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Madison Capital Group launched the Go Store It Opportunity Fund, LP, a $250 million self-storage investment initiative aimed at acquiring and developing a diversified portfolio across high-growth Sun Belt markets, concentrating on Florida, North Carolina and Georgia. The Go Store It Opportunity Fund, LP encompasses a strategy that value-add acquisitions of under-managed, locally owned facilities …
The post Investor Fund to Focus on Sunbelt Self-Storage Deals appeared first on Connect CRE.
Snellville’s The Grove is near completion, transforming the suburban downtown into a modern, walkable district
Snellville’s The Grove is near completion, transforming the suburban downtown into a modern, walkable district
Snellville’s downtown revival is emblematic of suburbs across the country.
Snellville’s downtown revival is emblematic of suburbs across the country. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
Snellville’s downtown revival is emblematic of suburbs across the country.
New facet of downtown Fayetteville officially under construction
New facet of downtown Fayetteville officially under construction
New facet of downtown Fayetteville officially under construction
Josh Green
Mon, 11/18/2024 – 08:05
Site work has kicked off for a project that aims to add what developers call walkable, essential, and attainable housing in a growing part of the metro experiencing an influx of outside investment.
Alpharetta-based Parkland Communities recently broke ground on 124 build-to-rent townhomes in Fayetteville called Morgan Park. The 9.3-acre site, located within walking distance of the city’s historic downtown, is situated where E. Lanier Avenue meets Booker Avenue.
Parkland officials say the BTR community—described as “a testament to New-Urbanism planning”—is scheduled to see vertical construction next summer, following about nine months of land development.
The goal with Morgan Park is to create a parklike setting with a central town green and 10 residential buildings surrounding it. Also at the heart of the project will be two pools, a large cabana, a playfield, and mail kiosk.
Rents at Morgan Park will start at $2,400 monthly, to include all maintenance, according to Parkland reps. That entry price is described as “surprisingly lower than homeownership costs” in a project groundbreaking announcement.
Planned layout of the 124-unit community with a town green centerpiece. Courtesy of Parkland Communities
Courtesy of Parkland Residential
Options will range from two-bedroom townhomes with 1,600 square feet up to three-bedroom units with 1,950 square feet, two and ½ bathrooms, and a loft. Each will include a rear-entry, one-car garage and covered outdoor living space.
Morgan Park’s site is about four and ½ miles from the growing Trilith studio complex and mixed-use mini city. Downtown Atlanta is 23 miles north.
Project officials also cite proximity to the U.S. Soccer Federation’s under-construction National Training Center and Headquarters in Fayette County as a plus. That 200-acre project is expected to cost north of $200 million and create some 400 jobs for the area.
Expected look of Morgan Park facades. Courtesy of Parkland Residential
The Parkland Communities’ project site in relation to the rest of south OTP Atlanta. Google Maps
Elsewhere in the metro, the BTR model has drawn criticism for claiming available land that could have gone to for-sale housing, where first-time homebuyers especially could start to build equity. Advocates say the housing type allows occupants more flexibility and lower costs in many cases than traditional mortgages.
Other Parkland projects in the works include a sprawling Stonecrest community east of Atlanta, which has been marketed as a renting and buying option for the expected 7,500 future employees at EV carmaker Rivian’s manufacturing plant.
…
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• Special report: 24 hours at Trilith, Atlanta’s country Hollywood (Urbanize Atlanta)
The Parkland Communities’ project site in relation to the rest of south OTP Atlanta. Google Maps
Planned layout of the 124-unit community with a town green centerpiece. Courtesy of Parkland Communities
Courtesy of Parkland Residential
Expected look of Morgan Park facades. Courtesy of Parkland Residential
Morgan Park’s townhome product will be similar to another Parkland community (shown here) in Lawrenceville. Courtesy of Parkland Residential
The Morgan Park site location (in red) in proximity to downtown Fayetteville, Trilith (top left), and other local attractions such as Zac Brown’s Camp Southern Ground (bottom left).Google Maps
New facet of downtown Fayetteville officially under construction
Josh Green
Mon, 11/18/2024 – 08:05
Site work has kicked off for a project that aims to add what developers call walkable, essential, and attainable housing in a growing part of the metro experiencing an influx of outside investment.
Alpharetta-based Parkland Communities recently broke ground on 124 build-to-rent townhomes in Fayetteville called Morgan Park. The 9.3-acre site, located within walking distance of the city’s historic downtown, is situated where E. Lanier Avenue meets Booker Avenue.
Parkland officials say the BTR community—described as “a testament to New-Urbanism planning”—is scheduled to see vertical construction next summer, following about nine months of land development.
The goal with Morgan Park is to create a parklike setting with a central town green and 10 residential buildings surrounding it. Also at the heart of the project will be two pools, a large cabana, a playfield, and mail kiosk.
Rents at Morgan Park will start at $2,400 monthly, to include all maintenance, according to Parkland reps. That entry price is described as “surprisingly lower than homeownership costs” in a project groundbreaking announcement.
Planned layout of the 124-unit community with a town green centerpiece. Courtesy of Parkland Communities
Courtesy of Parkland Residential
Options will range from two-bedroom townhomes with 1,600 square feet up to three-bedroom units with 1,950 square feet, two and ½ bathrooms, and a loft. Each will include a rear-entry, one-car garage and covered outdoor living space.
Morgan Park’s site is about four and ½ miles from the growing Trilith studio complex and mixed-use mini city. Downtown Atlanta is 23 miles north.
Project officials also cite proximity to the U.S. Soccer Federation’s under-construction National Training Center and Headquarters in Fayette County as a plus. That 200-acre project is expected to cost north of $200 million and create some 400 jobs for the area.
Expected look of Morgan Park facades. Courtesy of Parkland Residential
The Parkland Communities’ project site in relation to the rest of south OTP Atlanta. Google Maps
Elsewhere in the metro, the BTR model has drawn criticism for claiming available land that could have gone to for-sale housing, where first-time homebuyers especially could start to build equity. Advocates say the housing type allows occupants more flexibility and lower costs in many cases than traditional mortgages.
Other Parkland projects in the works include a sprawling Stonecrest community east of Atlanta, which has been marketed as a renting and buying option for the expected 7,500 future employees at EV carmaker Rivian’s manufacturing plant.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Special report: 24 hours at Trilith, Atlanta’s country Hollywood (Urbanize Atlanta)
Tags
E. Lanier Avenue and Booker Avenue
Morgan Park
Parkland Communities
Atlanta Townhomes
Atlanta Homes for Rent
OTP
Fayette County
Trilith
Build-to-Rent
BTR
Downtown Fayetteville
Atlanta Suburbs
Suburbs
Suburban Growth
U.S. Soccer National Training Center
Arthur M. Blank U.S. Soccer National Training Center
Images
The Parkland Communities’ project site in relation to the rest of south OTP Atlanta. Google Maps
Planned layout of the 124-unit community with a town green centerpiece. Courtesy of Parkland Communities
Courtesy of Parkland Residential
Expected look of Morgan Park facades. Courtesy of Parkland Residential
Morgan Park’s townhome product will be similar to another Parkland community (shown here) in Lawrenceville. Courtesy of Parkland Residential
The Morgan Park site location (in red) in proximity to downtown Fayetteville, Trilith (top left), and other local attractions such as Zac Brown’s Camp Southern Ground (bottom left).Google Maps
Subtitle
Town green, BTR townhomes venture called “testament to New-Urbanism planning”
Neighborhood
Fayetteville
Background Image
Image
Before/After Images
Sponsored Post
Off Read More
New facet of downtown Fayetteville officially under construction
Josh Green
Mon, 11/18/2024 – 08:05
Site work has kicked off for a project that aims to add what developers call walkable, essential, and attainable housing in a growing part of the metro experiencing an influx of outside investment.
Alpharetta-based Parkland Communities recently broke ground on 124 build-to-rent townhomes in Fayetteville called Morgan Park. The 9.3-acre site, located within walking distance of the city’s historic downtown, is situated where E. Lanier Avenue meets Booker Avenue.
Parkland officials say the BTR community—described as “a testament to New-Urbanism planning”—is scheduled to see vertical construction next summer, following about nine months of land development.
The goal with Morgan Park is to create a parklike setting with a central town green and 10 residential buildings surrounding it. Also at the heart of the project will be two pools, a large cabana, a playfield, and mail kiosk.
Rents at Morgan Park will start at $2,400 monthly, to include all maintenance, according to Parkland reps. That entry price is described as “surprisingly lower than homeownership costs” in a project groundbreaking announcement.
Planned layout of the 124-unit community with a town green centerpiece. Courtesy of Parkland Communities
Courtesy of Parkland Residential
Options will range from two-bedroom townhomes with 1,600 square feet up to three-bedroom units with 1,950 square feet, two and ½ bathrooms, and a loft. Each will include a rear-entry, one-car garage and covered outdoor living space.
Morgan Park’s site is about four and ½ miles from the growing Trilith studio complex and mixed-use mini city. Downtown Atlanta is 23 miles north.
Project officials also cite proximity to the U.S. Soccer Federation’s under-construction National Training Center and Headquarters in Fayette County as a plus. That 200-acre project is expected to cost north of $200 million and create some 400 jobs for the area.
Expected look of Morgan Park facades. Courtesy of Parkland Residential
The Parkland Communities’ project site in relation to the rest of south OTP Atlanta. Google Maps
Elsewhere in the metro, the BTR model has drawn criticism for claiming available land that could have gone to for-sale housing, where first-time homebuyers especially could start to build equity. Advocates say the housing type allows occupants more flexibility and lower costs in many cases than traditional mortgages.
Other Parkland projects in the works include a sprawling Stonecrest community east of Atlanta, which has been marketed as a renting and buying option for the expected 7,500 future employees at EV carmaker Rivian’s manufacturing plant.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Special report: 24 hours at Trilith, Atlanta’s country Hollywood (Urbanize Atlanta)
Tags
E. Lanier Avenue and Booker Avenue
Morgan Park
Parkland Communities
Atlanta Townhomes
Atlanta Homes for Rent
OTP
Fayette County
Trilith
Build-to-Rent
BTR
Downtown Fayetteville
Atlanta Suburbs
Suburbs
Suburban Growth
U.S. Soccer National Training Center
Arthur M. Blank U.S. Soccer National Training Center
Images
The Parkland Communities’ project site in relation to the rest of south OTP Atlanta. Google Maps
Planned layout of the 124-unit community with a town green centerpiece. Courtesy of Parkland Communities
Courtesy of Parkland Residential
Expected look of Morgan Park facades. Courtesy of Parkland Residential
Morgan Park’s townhome product will be similar to another Parkland community (shown here) in Lawrenceville. Courtesy of Parkland Residential
The Morgan Park site location (in red) in proximity to downtown Fayetteville, Trilith (top left), and other local attractions such as Zac Brown’s Camp Southern Ground (bottom left).Google Maps
Subtitle
Town green, BTR townhomes venture called “testament to New-Urbanism planning”
Neighborhood
Fayetteville
Background Image
Image
Before/After Images
Sponsored Post
Off
Development, climate change increase Atlanta’s flooding risk despite decades of work
Development, climate change increase Atlanta’s flooding risk despite decades of work
Ideas on how to solve the problem include stormwater fees for landowners, performance incentives for developers as well as special storage tunnels and detention basins.
Ideas on how to solve the problem include stormwater fees for landowners, performance incentives for developers as well as special storage tunnels and detention basins. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
Ideas on how to solve the problem include stormwater fees for landowners, performance incentives for developers as well as special storage tunnels and detention basins.
Fresh images: How Ponce City Market’s latest tower turned out
Fresh images: How Ponce City Market’s latest tower turned out
Fresh images: How Ponce City Market’s latest tower turned out
Josh Green
Fri, 11/15/2024 – 16:02
Two and ½ years after post-pandemic construction began, an Old Fourth Ward tower that blurs the lines between hotel flexibility and amenitized apartments was recently declared finished.
Ponce City Market’s hospitality living concept, Scout Living, concludes a phase-two growth spurt that’s seen the landmark former Sears, Roebuck & Co. building bookended by high-rise, residential development.
Standing 21 stories, Scout Living began accepting guests in September for its 405 one and two-bedroom units that can be booked for a single night, a week, or months at a time. Officials with developer and owner Jamestown declared all construction on the building finished earlier this week, providing fresh images of interiors and amenities.
Located on the eastern edge of Ponce City Market’s block at 639 Glen Iris Drive, Scout Living marks the third new-construction building to rise around the adaptive-reuse main building since it opened in 2015. National flex-living operator Placemakr, which is overseeing the building’s operations, has called it “a first-of-its-kind development in the U.S.”
Downtown views from the 21-story tower’s communal roof deck. Courtesy of Jamestown
Scout Living’s rooftop pool overlooking Old Fourth Ward is complete. Courtesy of Jamestown
Scout Living’s units differ from most traditional new Atlanta apartments by coming fully furnished (that includes art on the walls and kitchens with all cooking equipment and utensils), along with hotel-style services and amenities. According to Jamestown reps, laundry and dry-cleaning, housekeeping, and other services such as restocking of essentials are available at the push of a button—and for a price.
Lodging options at Scout Living start with studio units that count between 397 and 489 square feet. Those include a queen bed, washer and dryer, and kitchenette.
Recent rates range from a starting price of $216 per night for members, up to $268 and up per night on weekends. (Units with city views are $10 to $13 extra per night. Also, nonmembers can expect to pay around $40 more per night.) For longer-term stays, the studio options start at $1,500 per month.
Meanwhile, the priciest options are two-bedroom, two-bathroom units (723 to 787 square feet) with city views, full refrigerators, and in-unit laundry.
For nonmembers, those were recently going for $472 to $493 per night. Longer-term stays for Scout Living’s two-bedroom options start around $2,900 monthly.
An interior common space at Scout Living. Courtesy of Jamestown
Exterior of the 21-story hospitality living tower just west of Ponce City Market’s main building. Courtesy of Jamestown
Amenities include a pool and terrace on the roof (with sweet views), a wellness studio, virtual check-in, a chef’s kitchen, and a lounge/coworking/private event space on the second floor, among other amenities.
Elsewhere, the building includes 12,000 square feet of retail at the ground floor—all of it with 21-foot ceiling heights intended for a food-and-beverage concept and convenience store with grab-and-go items, per Jamestown.
Jamestown began building on PCM and the Beltline’s popularity in early 2022, breaking ground on the property’s first new ground-up tower, Signal House, an apartment building (with rents up to $7,000 monthly) lording over the Eastside Trail. That building also stands 21 stories.
Positioning of new buildings around Ponce City Market’s century-old main structure. Ponce City Market/Jamestown
Elsewhere along Ponce, the campus expansion also includes 619 Ponce, a four-story mass timber loft office building that finished construction in April.
Find more new imagery and context for Scout Living in the gallery above.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Old Fourth Ward news, discussion (Urbanize Atlanta)
Scout Living’s rooftop pool overlooking Old Fourth Ward is complete. Courtesy of Jamestown
An interior common space at Scout Living. Courtesy of Jamestown
Downtown views from the 21-story tower’s communal roof deck. Courtesy of Jamestown
Courtesy of Jamestown
Courtesy of Jamestown
Courtesy of Jamestown
West views toward Midtown from the Scout Living tower. Courtesy of Jamestown
Floorplan for the smallest studio “micro” units offered in the building, with 397 square feet. Jamestown
A typical two-bedroom unit with around 750 square feet. Jamestown
Exterior of the 21-story hospitality living tower just west of Ponce City Market’s main building. Courtesy of Jamestown
Positioning of new buildings around Ponce City Market’s century-old main structure. Ponce City Market/Jamestown
Example of finished interiors at a larger, two-bedroom Scout Living unit. Courtesy of Jamestown
Courtesy of Jamestown
Courtesy of Jamestown
Planned designs for 12,000 square feet of retail at the base of the Scout Living building. Courtesy of Jamestown
Fresh images: How Ponce City Market’s latest tower turned out
Josh Green
Fri, 11/15/2024 – 16:02
Two and ½ years after post-pandemic construction began, an Old Fourth Ward tower that blurs the lines between hotel flexibility and amenitized apartments was recently declared finished.
Ponce City Market’s hospitality living concept, Scout Living, concludes a phase-two growth spurt that’s seen the landmark former Sears, Roebuck & Co. building bookended by high-rise, residential development.
Standing 21 stories, Scout Living began accepting guests in September for its 405 one and two-bedroom units that can be booked for a single night, a week, or months at a time. Officials with developer and owner Jamestown declared all construction on the building finished earlier this week, providing fresh images of interiors and amenities.
Located on the eastern edge of Ponce City Market’s block at 639 Glen Iris Drive, Scout Living marks the third new-construction building to rise around the adaptive-reuse main building since it opened in 2015. National flex-living operator Placemakr, which is overseeing the building’s operations, has called it “a first-of-its-kind development in the U.S.”
Downtown views from the 21-story tower’s communal roof deck. Courtesy of Jamestown
Scout Living’s rooftop pool overlooking Old Fourth Ward is complete. Courtesy of Jamestown
Scout Living’s units differ from most traditional new Atlanta apartments by coming fully furnished (that includes art on the walls and kitchens with all cooking equipment and utensils), along with hotel-style services and amenities. According to Jamestown reps, laundry and dry-cleaning, housekeeping, and other services such as restocking of essentials are available at the push of a button—and for a price.
Lodging options at Scout Living start with studio units that count between 397 and 489 square feet. Those include a queen bed, washer and dryer, and kitchenette.
Recent rates range from a starting price of $216 per night for members, up to $268 and up per night on weekends. (Units with city views are $10 to $13 extra per night. Also, nonmembers can expect to pay around $40 more per night.) For longer-term stays, the studio options start at $1,500 per month.
Meanwhile, the priciest options are two-bedroom, two-bathroom units (723 to 787 square feet) with city views, full refrigerators, and in-unit laundry.
For nonmembers, those were recently going for $472 to $493 per night. Longer-term stays for Scout Living’s two-bedroom options start around $2,900 monthly.
An interior common space at Scout Living. Courtesy of Jamestown
Exterior of the 21-story hospitality living tower just west of Ponce City Market’s main building. Courtesy of Jamestown
Amenities include a pool and terrace on the roof (with sweet views), a wellness studio, virtual check-in, a chef’s kitchen, and a lounge/coworking/private event space on the second floor, among other amenities.
Elsewhere, the building includes 12,000 square feet of retail at the ground floor—all of it with 21-foot ceiling heights intended for a food-and-beverage concept and convenience store with grab-and-go items, per Jamestown.
Jamestown began building on PCM and the Beltline’s popularity in early 2022, breaking ground on the property’s first new ground-up tower, Signal House, an apartment building (with rents up to $7,000 monthly) lording over the Eastside Trail. That building also stands 21 stories.
Positioning of new buildings around Ponce City Market’s century-old main structure. Ponce City Market/Jamestown
Elsewhere along Ponce, the campus expansion also includes 619 Ponce, a four-story mass timber loft office building that finished construction in April.
Find more new imagery and context for Scout Living in the gallery above.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Old Fourth Ward news, discussion (Urbanize Atlanta)
Tags
639 Glen Iris Drive NE
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Office at Ponce City Market
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Images
Scout Living’s rooftop pool overlooking Old Fourth Ward is complete. Courtesy of Jamestown
An interior common space at Scout Living. Courtesy of Jamestown
Downtown views from the 21-story tower’s communal roof deck. Courtesy of Jamestown
Courtesy of Jamestown
Courtesy of Jamestown
Courtesy of Jamestown
West views toward Midtown from the Scout Living tower. Courtesy of Jamestown
Floorplan for the smallest studio “micro” units offered in the building, with 397 square feet. Jamestown
A typical two-bedroom unit with around 750 square feet. Jamestown
Exterior of the 21-story hospitality living tower just west of Ponce City Market’s main building. Courtesy of Jamestown
Positioning of new buildings around Ponce City Market’s century-old main structure. Ponce City Market/Jamestown
Example of finished interiors at a larger, two-bedroom Scout Living unit. Courtesy of Jamestown
Courtesy of Jamestown
Courtesy of Jamestown
Planned designs for 12,000 square feet of retail at the base of the Scout Living building. Courtesy of Jamestown
Subtitle
Mixed-use Scout Living project designed for (very) brief and longer-term stays
Neighborhood
Old Fourth Ward
Background Image
Image
Associated Project
Ponce City Market – 675 Ponce De Leon
Ponce City Market – 675 Ponce De Leon Building 2
Before/After Images
Sponsored Post
Off Read More
Fresh images: How Ponce City Market’s latest tower turned out
Josh Green
Fri, 11/15/2024 – 16:02
Two and ½ years after post-pandemic construction began, an Old Fourth Ward tower that blurs the lines between hotel flexibility and amenitized apartments was recently declared finished.
Ponce City Market’s hospitality living concept, Scout Living, concludes a phase-two growth spurt that’s seen the landmark former Sears, Roebuck & Co. building bookended by high-rise, residential development.
Standing 21 stories, Scout Living began accepting guests in September for its 405 one and two-bedroom units that can be booked for a single night, a week, or months at a time. Officials with developer and owner Jamestown declared all construction on the building finished earlier this week, providing fresh images of interiors and amenities.
Located on the eastern edge of Ponce City Market’s block at 639 Glen Iris Drive, Scout Living marks the third new-construction building to rise around the adaptive-reuse main building since it opened in 2015. National flex-living operator Placemakr, which is overseeing the building’s operations, has called it “a first-of-its-kind development in the U.S.”
Downtown views from the 21-story tower’s communal roof deck. Courtesy of Jamestown
Scout Living’s rooftop pool overlooking Old Fourth Ward is complete. Courtesy of Jamestown
Scout Living’s units differ from most traditional new Atlanta apartments by coming fully furnished (that includes art on the walls and kitchens with all cooking equipment and utensils), along with hotel-style services and amenities. According to Jamestown reps, laundry and dry-cleaning, housekeeping, and other services such as restocking of essentials are available at the push of a button—and for a price.
Lodging options at Scout Living start with studio units that count between 397 and 489 square feet. Those include a queen bed, washer and dryer, and kitchenette.
Recent rates range from a starting price of $216 per night for members, up to $268 and up per night on weekends. (Units with city views are $10 to $13 extra per night. Also, nonmembers can expect to pay around $40 more per night.) For longer-term stays, the studio options start at $1,500 per month.
Meanwhile, the priciest options are two-bedroom, two-bathroom units (723 to 787 square feet) with city views, full refrigerators, and in-unit laundry.
For nonmembers, those were recently going for $472 to $493 per night. Longer-term stays for Scout Living’s two-bedroom options start around $2,900 monthly.
An interior common space at Scout Living. Courtesy of Jamestown
Exterior of the 21-story hospitality living tower just west of Ponce City Market’s main building. Courtesy of Jamestown
Amenities include a pool and terrace on the roof (with sweet views), a wellness studio, virtual check-in, a chef’s kitchen, and a lounge/coworking/private event space on the second floor, among other amenities.
Elsewhere, the building includes 12,000 square feet of retail at the ground floor—all of it with 21-foot ceiling heights intended for a food-and-beverage concept and convenience store with grab-and-go items, per Jamestown.
Jamestown began building on PCM and the Beltline’s popularity in early 2022, breaking ground on the property’s first new ground-up tower, Signal House, an apartment building (with rents up to $7,000 monthly) lording over the Eastside Trail. That building also stands 21 stories.
Positioning of new buildings around Ponce City Market’s century-old main structure. Ponce City Market/Jamestown
Elsewhere along Ponce, the campus expansion also includes 619 Ponce, a four-story mass timber loft office building that finished construction in April.
Find more new imagery and context for Scout Living in the gallery above.
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Scout Living’s rooftop pool overlooking Old Fourth Ward is complete. Courtesy of Jamestown
An interior common space at Scout Living. Courtesy of Jamestown
Downtown views from the 21-story tower’s communal roof deck. Courtesy of Jamestown
Courtesy of Jamestown
Courtesy of Jamestown
Courtesy of Jamestown
West views toward Midtown from the Scout Living tower. Courtesy of Jamestown
Floorplan for the smallest studio “micro” units offered in the building, with 397 square feet. Jamestown
A typical two-bedroom unit with around 750 square feet. Jamestown
Exterior of the 21-story hospitality living tower just west of Ponce City Market’s main building. Courtesy of Jamestown
Positioning of new buildings around Ponce City Market’s century-old main structure. Ponce City Market/Jamestown
Example of finished interiors at a larger, two-bedroom Scout Living unit. Courtesy of Jamestown
Courtesy of Jamestown
Courtesy of Jamestown
Planned designs for 12,000 square feet of retail at the base of the Scout Living building. Courtesy of Jamestown
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Mixed-use Scout Living project designed for (very) brief and longer-term stays
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North of downtown Marietta, 600 homes set for groundbreaking
North of downtown Marietta, 600 homes set for groundbreaking
North of downtown Marietta, 600 homes set for groundbreaking
Josh Green
Fri, 11/15/2024 – 14:02
One of the nation’s largest homebuilders is set to move forward with its biggest land development to date in metro Atlanta, promising a mix of housing that’s exceptionally green.
Officials with Atlanta-based Beazer Homes have scheduled a groundbreaking ceremony Wednesday morning at a site nearly the size of Piedmont Park, situated north of downtown Marietta, for a 591-home project called GreenHouse.
The 150 Laura Lake Road project will take shape just east of the Interstate 75 and I-575 split, south of Barrett Parkway near the Town Center at Cobb shopping center.
According to site plans, a lake and cemetery border the property today and will be preserved.
Lakeside site plan for Beazer’s 591-home GreenHouse in the City of Marietta. Beazer Homes
GreenHouse plans call for a mix of townhomes, ranch-style, and two-story homes, all of them certified under the U.S. Department of Energy as a Zero Energy Ready Home. That certification indicates a level of construction that exceeds all local construction and energy codes, according to Beazer officials.
GreenHouse amenities are expected to include miles of nature trails (sample name: “The Long and Winding Road”), pocket parks (one called “Poets Corner”), and gardens, with a goal of creating a relaxed atmosphere, per Beazer officials.
The first GreenHouse homes are scheduled to be released for sale in fall 2025.
GreenHouse’s 150 Laura Lake Road location north of downtown Marietta off Interstate 75. Google Maps
Beazer announced in May it had acquired the 174-acre property in the City of Marietta, marking the company’s largest land acquisition in the metro to date.
Elsewhere, Beazer counts 12 other communities around the metro in various stages of development, spanning from Powder Springs and Kennesaw to Cumming, Atlanta, and Decatur.
We’ve asked Beazer reps for more visuals, including home renderings, and pricing details. This story will be updated with any additional information that comes.
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GreenHouse’s 150 Laura Lake Road location north of downtown Marietta off Interstate 75. Google Maps
Lakeside site plan for Beazer’s 591-home GreenHouse in the City of Marietta. Beazer Homes
North of downtown Marietta, 600 homes set for groundbreaking
Josh Green
Fri, 11/15/2024 – 14:02
One of the nation’s largest homebuilders is set to move forward with its biggest land development to date in metro Atlanta, promising a mix of housing that’s exceptionally green.
Officials with Atlanta-based Beazer Homes have scheduled a groundbreaking ceremony Wednesday morning at a site nearly the size of Piedmont Park, situated north of downtown Marietta, for a 591-home project called GreenHouse.
The 150 Laura Lake Road project will take shape just east of the Interstate 75 and I-575 split, south of Barrett Parkway near the Town Center at Cobb shopping center.
According to site plans, a lake and cemetery border the property today and will be preserved.
Lakeside site plan for Beazer’s 591-home GreenHouse in the City of Marietta. Beazer Homes
GreenHouse plans call for a mix of townhomes, ranch-style, and two-story homes, all of them certified under the U.S. Department of Energy as a Zero Energy Ready Home. That certification indicates a level of construction that exceeds all local construction and energy codes, according to Beazer officials.
GreenHouse amenities are expected to include miles of nature trails (sample name: “The Long and Winding Road”), pocket parks (one called “Poets Corner”), and gardens, with a goal of creating a relaxed atmosphere, per Beazer officials.
The first GreenHouse homes are scheduled to be released for sale in fall 2025.
GreenHouse’s 150 Laura Lake Road location north of downtown Marietta off Interstate 75. Google Maps
Beazer announced in May it had acquired the 174-acre property in the City of Marietta, marking the company’s largest land acquisition in the metro to date.
Elsewhere, Beazer counts 12 other communities around the metro in various stages of development, spanning from Powder Springs and Kennesaw to Cumming, Atlanta, and Decatur.
We’ve asked Beazer reps for more visuals, including home renderings, and pricing details. This story will be updated with any additional information that comes.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Marietta news, discussion (Urbanize Atlanta)
Tags
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GreenHouse’s 150 Laura Lake Road location north of downtown Marietta off Interstate 75. Google Maps
Lakeside site plan for Beazer’s 591-home GreenHouse in the City of Marietta. Beazer Homes
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GreenHouse project marks largest metro Atlanta land acquisition for national builder Beazer
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Marietta
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North of downtown Marietta, 600 homes set for groundbreaking
Josh Green
Fri, 11/15/2024 – 14:02
One of the nation’s largest homebuilders is set to move forward with its biggest land development to date in metro Atlanta, promising a mix of housing that’s exceptionally green.
Officials with Atlanta-based Beazer Homes have scheduled a groundbreaking ceremony Wednesday morning at a site nearly the size of Piedmont Park, situated north of downtown Marietta, for a 591-home project called GreenHouse.
The 150 Laura Lake Road project will take shape just east of the Interstate 75 and I-575 split, south of Barrett Parkway near the Town Center at Cobb shopping center.
According to site plans, a lake and cemetery border the property today and will be preserved.
Lakeside site plan for Beazer’s 591-home GreenHouse in the City of Marietta. Beazer Homes
GreenHouse plans call for a mix of townhomes, ranch-style, and two-story homes, all of them certified under the U.S. Department of Energy as a Zero Energy Ready Home. That certification indicates a level of construction that exceeds all local construction and energy codes, according to Beazer officials.
GreenHouse amenities are expected to include miles of nature trails (sample name: “The Long and Winding Road”), pocket parks (one called “Poets Corner”), and gardens, with a goal of creating a relaxed atmosphere, per Beazer officials.
The first GreenHouse homes are scheduled to be released for sale in fall 2025.
GreenHouse’s 150 Laura Lake Road location north of downtown Marietta off Interstate 75. Google Maps
Beazer announced in May it had acquired the 174-acre property in the City of Marietta, marking the company’s largest land acquisition in the metro to date.
Elsewhere, Beazer counts 12 other communities around the metro in various stages of development, spanning from Powder Springs and Kennesaw to Cumming, Atlanta, and Decatur.
We’ve asked Beazer reps for more visuals, including home renderings, and pricing details. This story will be updated with any additional information that comes.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Marietta news, discussion (Urbanize Atlanta)
Tags
150 Laura Lake Road
Marietta
GreenHouse
Beazer Homes
Beazer
OTP
Cobb County
Atlanta Suburbs
Atlanta Housing
Homes For sale
Atlanta Homes for Sale
Zero Energy Ready Homes
Cobb County Chamber of Commerce
City of Marietta
Town Center at Cobb
Images
GreenHouse’s 150 Laura Lake Road location north of downtown Marietta off Interstate 75. Google Maps
Lakeside site plan for Beazer’s 591-home GreenHouse in the City of Marietta. Beazer Homes
Subtitle
GreenHouse project marks largest metro Atlanta land acquisition for national builder Beazer
Neighborhood
Marietta
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Before/After Images
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