Beltline: Some homes near trails appreciating by $50K per year
Beltline: Some homes near trails appreciating by $50K per year
Beltline: Some homes near trails appreciating by $50K per year
Josh Green
Thu, 02/27/2025 – 14:27
Like any Atlantan who owns a home near popular Beltline trails can attest, the city’s “glorified sidewalk” has translated to a financial boon for more than just developers and business owners.
But according to Atlanta Beltline Inc., a program meant to lift up longtime residents who aren’t pulling large salaries near historically underserved sections of the 22-mile loop is also seeing positive results.
During the pandemic autumn of 2020, Beltline officials launched the Legacy Resident Retention Program as an effort to preserve affordability for lower-income Atlanta homeowners who wish to stay put and not sell out.
The program—financially backed by some of the city’s largest corporations and most influential charities—has since lent property tax relief to 250 homeowners in what the Beltline considers “neighborhood stabilization areas” near southern and western trail corridors.
The resulting statistics, released this week as part of a Beltline affordable housing overview, could be eye-opening.
The tax-relief program is open to residents who’ve owned their homes since at least March 2017 and earn at max 100 percent of the city’s Area Median Income. (In 2024, for a two-person household, that would mean an income limit of $86,000.) It essentially freezes some homeownership costs by covering the increase in property taxes beyond what they were in 2019.
The latest Beltline Northeast Trail section to open, in relation to Piedmont Park’s dog park. Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Homeowners who’ve been in the program for at least a year have seen their home values appreciate by nearly $50,000 on average—and some have watched values balloon by more than $200,000 since entering, according to Beltline officials.
Collectively, the 250 program participants have seen property values swell by $10.8 million, according to Fulton County tax records appraised value. Each homeowner has received an average of $2,174 in annual property tax assistance, per Beltline leadership.
In four years, the retention program has become Atlanta’s largest anti-displacement initiative and a tool for tackling the city’s infamous wealth disparities, per program leaders.
“We want residents who lived in these neighborhoods for years before the Beltline was built to benefit from the economic opportunities, healthy living, and cultural vibrancy the Beltline creates,” said Rob Brawner, Atlanta Beltline Partnership executive director, in this week’s announcement.
According to Brawner, nearly 2,000 Atlantans remain eligible for the program, and fundraising efforts to assist them are ongoing.
Program donors to date include the Robert W. Woodruff Foundation, Georgia Power, Rocket Community Fund, Delta Air Lines, Bank of America, Tull Charitable Foundation, Google, Truist, Kaiser Permanente, and the Annie E. Casey Foundation.
…
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Beltline: Some homes near trails appreciating by $50K per year
Josh Green
Thu, 02/27/2025 – 14:27
Like any Atlantan who owns a home near popular Beltline trails can attest, the city’s “glorified sidewalk” has translated to a financial boon for more than just developers and business owners. But according to Atlanta Beltline Inc., a program meant to lift up longtime residents who aren’t pulling large salaries near historically underserved sections of the 22-mile loop is also seeing positive results. During the pandemic autumn of 2020, Beltline officials launched the Legacy Resident Retention Program as an effort to preserve affordability for lower-income Atlanta homeowners who wish to stay put and not sell out. The program—financially backed by some of the city’s largest corporations and most influential charities—has since lent property tax relief to 250 homeowners in what the Beltline considers “neighborhood stabilization areas” near southern and western trail corridors.The resulting statistics, released this week as part of a Beltline affordable housing overview, could be eye-opening. The tax-relief program is open to residents who’ve owned their homes since at least March 2017 and earn at max 100 percent of the city’s Area Median Income. (In 2024, for a two-person household, that would mean an income limit of $86,000.) It essentially freezes some homeownership costs by covering the increase in property taxes beyond what they were in 2019.
The latest Beltline Northeast Trail section to open, in relation to Piedmont Park’s dog park. Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Homeowners who’ve been in the program for at least a year have seen their home values appreciate by nearly $50,000 on average—and some have watched values balloon by more than $200,000 since entering, according to Beltline officials. Collectively, the 250 program participants have seen property values swell by $10.8 million, according to Fulton County tax records appraised value. Each homeowner has received an average of $2,174 in annual property tax assistance, per Beltline leadership.In four years, the retention program has become Atlanta’s largest anti-displacement initiative and a tool for tackling the city’s infamous wealth disparities, per program leaders. “We want residents who lived in these neighborhoods for years before the Beltline was built to benefit from the economic opportunities, healthy living, and cultural vibrancy the Beltline creates,” said Rob Brawner, Atlanta Beltline Partnership executive director, in this week’s announcement. According to Brawner, nearly 2,000 Atlantans remain eligible for the program, and fundraising efforts to assist them are ongoing. Program donors to date include the Robert W. Woodruff Foundation, Georgia Power, Rocket Community Fund, Delta Air Lines, Bank of America, Tull Charitable Foundation, Google, Truist, Kaiser Permanente, and the Annie E. Casey Foundation….Follow us on social media: Twitter / Facebook/and now: Instagram • Beltline news, discussion (Urbanize Atlanta)
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Retention program has translated to nearly $11M for low-income homeowners, agency reports
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Beltline: Some homes near trails appreciating by $50K per year
Josh Green
Thu, 02/27/2025 – 14:27
Like any Atlantan who owns a home near popular Beltline trails can attest, the city’s “glorified sidewalk” has translated to a financial boon for more than just developers and business owners. But according to Atlanta Beltline Inc., a program meant to lift up longtime residents who aren’t pulling large salaries near historically underserved sections of the 22-mile loop is also seeing positive results. During the pandemic autumn of 2020, Beltline officials launched the Legacy Resident Retention Program as an effort to preserve affordability for lower-income Atlanta homeowners who wish to stay put and not sell out. The program—financially backed by some of the city’s largest corporations and most influential charities—has since lent property tax relief to 250 homeowners in what the Beltline considers “neighborhood stabilization areas” near southern and western trail corridors.The resulting statistics, released this week as part of a Beltline affordable housing overview, could be eye-opening. The tax-relief program is open to residents who’ve owned their homes since at least March 2017 and earn at max 100 percent of the city’s Area Median Income. (In 2024, for a two-person household, that would mean an income limit of $86,000.) It essentially freezes some homeownership costs by covering the increase in property taxes beyond what they were in 2019.
The latest Beltline Northeast Trail section to open, in relation to Piedmont Park’s dog park. Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Homeowners who’ve been in the program for at least a year have seen their home values appreciate by nearly $50,000 on average—and some have watched values balloon by more than $200,000 since entering, according to Beltline officials. Collectively, the 250 program participants have seen property values swell by $10.8 million, according to Fulton County tax records appraised value. Each homeowner has received an average of $2,174 in annual property tax assistance, per Beltline leadership.In four years, the retention program has become Atlanta’s largest anti-displacement initiative and a tool for tackling the city’s infamous wealth disparities, per program leaders. “We want residents who lived in these neighborhoods for years before the Beltline was built to benefit from the economic opportunities, healthy living, and cultural vibrancy the Beltline creates,” said Rob Brawner, Atlanta Beltline Partnership executive director, in this week’s announcement. According to Brawner, nearly 2,000 Atlantans remain eligible for the program, and fundraising efforts to assist them are ongoing. Program donors to date include the Robert W. Woodruff Foundation, Georgia Power, Rocket Community Fund, Delta Air Lines, Bank of America, Tull Charitable Foundation, Google, Truist, Kaiser Permanente, and the Annie E. Casey Foundation….Follow us on social media: Twitter / Facebook/and now: Instagram • Beltline news, discussion (Urbanize Atlanta)
Tags
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Atlanta BeltLine
Atlanta BeltLine Inc.
Invest Atlanta
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Development Authority of Fulton County
Atlanta Urban Development Corporation
Westside Trail
Southside Trail
Mayor Andre Dickens
affordable
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579 Garson Drive
Englewood
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Robert W. Woodruff Foundation
Georgia Power
Rocket Community Fund
Delta Air Lines
Bank of America
Tull Charitable Foundation
Google
Truist
Kaiser Permanente
Annie E. Casey Foundation
Subtitle
Retention program has translated to nearly $11M for low-income homeowners, agency reports
Neighborhood
Citywide
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Atlanta commercial real estate firm names new vice president of leasing
Atlanta commercial real estate firm names new vice president of leasing
An Atlanta commercial real estate firm has recruited a new head of leasing.
An Atlanta commercial real estate firm has recruited a new head of leasing. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
An Atlanta commercial real estate firm has recruited a new head of leasing.
Atlanta commercial real estate firm names new vice president of leasing
Atlanta commercial real estate firm names new vice president of leasing
An Atlanta commercial real estate firm has recruited a new head of leasing.
An Atlanta commercial real estate firm has recruited a new head of leasing. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
An Atlanta commercial real estate firm has recruited a new head of leasing.
The National Observer: Real Estate: Office valuations haven’t bottomed out yet
The National Observer: Real Estate: Office valuations haven’t bottomed out yet
A continued trend of slipping office values is hardly a surprise, given the immense shakeup the U.S. office market has undergone since the Covid-19 pandemic five years ago.
A continued trend of slipping office values is hardly a surprise, given the immense shakeup the U.S. office market has undergone since the Covid-19 pandemic five years ago. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
A continued trend of slipping office values is hardly a surprise, given the immense shakeup the U.S. office market has undergone since the Covid-19 pandemic five years ago.
The National Observer: Real Estate: Office valuations haven’t bottomed out yet
The National Observer: Real Estate: Office valuations haven’t bottomed out yet
A continued trend of slipping office values is hardly a surprise, given the immense shakeup the U.S. office market has undergone since the Covid-19 pandemic five years ago.
A continued trend of slipping office values is hardly a surprise, given the immense shakeup the U.S. office market has undergone since the Covid-19 pandemic five years ago. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
A continued trend of slipping office values is hardly a surprise, given the immense shakeup the U.S. office market has undergone since the Covid-19 pandemic five years ago.
Choice Nashville Riverfront Property Selling for $200M
Choice Nashville Riverfront Property Selling for $200M
Sellers of a 65-acre site on the Cumberland River set the price at $200 million. Ewing Properties, the property owner, has hired Stream Realty to market the property.
The parcel, called “The Riverside,” was once slated for 5 million square feet of residential, office and retail space. Ewing paid $7.6 million for the property and assembled the 65 acres starting in 2015.
The Nashville Business Journal reports the price is comparable to the number Carl Icahn is seeking for his East Bank scrapyard property, located just a few miles down the river. Oracle Corp. paid $253.7 million for more than 65 acres of East Bank land across the river from Germantown for its future campus in 2021, and Southwest Value Partners paid $125 million for the 15-acre former Lifeway Christian Resources campus in 2015.
The post Choice Nashville Riverfront Property Selling for $200M appeared first on Connect CRE.
Sellers of a 65-acre site on the Cumberland River set the price at $200 million. Ewing Properties, the property owner, has hired Stream Realty to market the property. The parcel, called “The Riverside,” was once slated for 5 million square feet of residential, office and retail space. Ewing paid $7.6 million for the property and …
The post Choice Nashville Riverfront Property Selling for $200M appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Sellers of a 65-acre site on the Cumberland River set the price at $200 million. Ewing Properties, the property owner, has hired Stream Realty to market the property. The parcel, called “The Riverside,” was once slated for 5 million square feet of residential, office and retail space. Ewing paid $7.6 million for the property and …
The post Choice Nashville Riverfront Property Selling for $200M appeared first on Connect CRE.
Alpharetta’s Main Street growth spurt continues with ‘Uptown Rowe’
Alpharetta’s Main Street growth spurt continues with ‘Uptown Rowe’
Alpharetta’s Main Street growth spurt continues with ‘Uptown Rowe’
Josh Green
Thu, 02/27/2025 – 08:52
A residential growth spurt continues along a main Alpharetta traffic artery that’s being widened and made more approachable for pedestrians.
Alpharetta-based Trilogy Investment Co. recently announced a 16-unit, luxury townhome venture called Uptown Rowe is moving forward along North Main Street. It’s joining other projects such as the Ronara homes and nearby mixed-use buildings bringing denser development just north of downtown Alpharetta.
All townhomes at Uptown Rowe, the second Alpharetta project for Trilogy, will be for sale and not rentals, according to the builders. The project will be built by Rêve Homes, a homebuilding company Trilogy recently acquired.
The wooded, 2.2-acre site in question is situated about a mile north of Alpharetta City Center in the 500 block of North Main Street, between Arrow Exterminators Pest Control and North Main Animal Hospital.
Looking north, location of Uptown Rowe’s 2.2-acre site in relation to Alpharetta City Center (bottom) and Avalon. Google Maps
Trilogy recently bought the site from Blue River Development, which is building another residential project, Mayfair on Main, on the flipside of downtown.
A chief selling point for Uptown Rowe is walkability and “seamless access to shopping, dining, and entertainment,” according to a project announcement.
Adjacent to the townhome site, the Georgia Department of Transportation is working on a $50-million reconstruction of North Main Street/Ga. Highway 9 that’s widening the corridor to four lanes for 3.6 miles between Upper Hembree Road and Windward Parkway. GDOT is also installing bike lanes, 10-foot sidewalks, on-street parking in places, ADA-friendly sidewalks, pedestrian lighting, and other features.
Courtesy of Trilogy Investment Co.
Land development for Uptown Rowe is kicking off this month, according to project officials.
The first move-ins are expected to come by the fourth quarter of 2026. No word yet on the range of townhome sizes and prices.
…
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Looking north, location of Uptown Rowe’s 2.2-acre site in relation to Alpharetta City Center (bottom) and Avalon. Google Maps
Courtesy of Trilogy Investment Co.
Alpharetta’s Main Street growth spurt continues with ‘Uptown Rowe’
Josh Green
Thu, 02/27/2025 – 08:52
A residential growth spurt continues along a main Alpharetta traffic artery that’s being widened and made more approachable for pedestrians. Alpharetta-based Trilogy Investment Co. recently announced a 16-unit, luxury townhome venture called Uptown Rowe is moving forward along North Main Street. It’s joining other projects such as the Ronara homes and nearby mixed-use buildings bringing denser development just north of downtown Alpharetta. All townhomes at Uptown Rowe, the second Alpharetta project for Trilogy, will be for sale and not rentals, according to the builders. The project will be built by Rêve Homes, a homebuilding company Trilogy recently acquired. The wooded, 2.2-acre site in question is situated about a mile north of Alpharetta City Center in the 500 block of North Main Street, between Arrow Exterminators Pest Control and North Main Animal Hospital.
Looking north, location of Uptown Rowe’s 2.2-acre site in relation to Alpharetta City Center (bottom) and Avalon. Google Maps
Trilogy recently bought the site from Blue River Development, which is building another residential project, Mayfair on Main, on the flipside of downtown. A chief selling point for Uptown Rowe is walkability and “seamless access to shopping, dining, and entertainment,” according to a project announcement. Adjacent to the townhome site, the Georgia Department of Transportation is working on a $50-million reconstruction of North Main Street/Ga. Highway 9 that’s widening the corridor to four lanes for 3.6 miles between Upper Hembree Road and Windward Parkway. GDOT is also installing bike lanes, 10-foot sidewalks, on-street parking in places, ADA-friendly sidewalks, pedestrian lighting, and other features.
Courtesy of Trilogy Investment Co.
Land development for Uptown Rowe is kicking off this month, according to project officials. The first move-ins are expected to come by the fourth quarter of 2026. No word yet on the range of townhome sizes and prices. …Follow us on social media: Twitter / Facebook/and now: Instagram • Alpharetta news, discussion (Urbanize Atlanta)
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Looking north, location of Uptown Rowe’s 2.2-acre site in relation to Alpharetta City Center (bottom) and Avalon. Google Maps
Courtesy of Trilogy Investment Co.
Subtitle
Townhome project to claim wooded land near Alpharetta City Center
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Alpharetta’s Main Street growth spurt continues with ‘Uptown Rowe’
Josh Green
Thu, 02/27/2025 – 08:52
A residential growth spurt continues along a main Alpharetta traffic artery that’s being widened and made more approachable for pedestrians. Alpharetta-based Trilogy Investment Co. recently announced a 16-unit, luxury townhome venture called Uptown Rowe is moving forward along North Main Street. It’s joining other projects such as the Ronara homes and nearby mixed-use buildings bringing denser development just north of downtown Alpharetta. All townhomes at Uptown Rowe, the second Alpharetta project for Trilogy, will be for sale and not rentals, according to the builders. The project will be built by Rêve Homes, a homebuilding company Trilogy recently acquired. The wooded, 2.2-acre site in question is situated about a mile north of Alpharetta City Center in the 500 block of North Main Street, between Arrow Exterminators Pest Control and North Main Animal Hospital.
Looking north, location of Uptown Rowe’s 2.2-acre site in relation to Alpharetta City Center (bottom) and Avalon. Google Maps
Trilogy recently bought the site from Blue River Development, which is building another residential project, Mayfair on Main, on the flipside of downtown. A chief selling point for Uptown Rowe is walkability and “seamless access to shopping, dining, and entertainment,” according to a project announcement. Adjacent to the townhome site, the Georgia Department of Transportation is working on a $50-million reconstruction of North Main Street/Ga. Highway 9 that’s widening the corridor to four lanes for 3.6 miles between Upper Hembree Road and Windward Parkway. GDOT is also installing bike lanes, 10-foot sidewalks, on-street parking in places, ADA-friendly sidewalks, pedestrian lighting, and other features.
Courtesy of Trilogy Investment Co.
Land development for Uptown Rowe is kicking off this month, according to project officials. The first move-ins are expected to come by the fourth quarter of 2026. No word yet on the range of townhome sizes and prices. …Follow us on social media: Twitter / Facebook/and now: Instagram • Alpharetta news, discussion (Urbanize Atlanta)
Tags
550 North Main Street
Uptown Rowe
Trilogy Investment Co.
Blue River Development
Rêve Homes
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Looking north, location of Uptown Rowe’s 2.2-acre site in relation to Alpharetta City Center (bottom) and Avalon. Google Maps
Courtesy of Trilogy Investment Co.
Subtitle
Townhome project to claim wooded land near Alpharetta City Center
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Georgia Looking to Charge Data Center Operators for Power Use
Georgia Looking to Charge Data Center Operators for Power Use
Georgia has seen a surge in data center construction. While some appreciate the benefits in regard to property taxes kicked off from the site, others lament the amount of power and water the centers consume. Legislators have advanced a proposal that would require the state’s largest electric utility to charge data centers for the costs incurred to serve them. The bill has been passed out of a House committee and would still require full House and Senate approval and the governor’s signature.
Under the proposal, Georgia Power would be compelled to bill data centers for infrastructure investments and other costs associated with supporting the facilities. The utility would be prohibited from passing those costs onto residential and small business customers.
Georgia Power customers are paying 37% more for power than they did two years ago. Georgia Power expects electricity demand to increase by 50% by the end of 2030, largely due to new data centers.
The post Georgia Looking to Charge Data Center Operators for Power Use appeared first on Connect CRE.
Georgia has seen a surge in data center construction. While some appreciate the benefits in regard to property taxes kicked off from the site, others lament the amount of power and water the centers consume. Legislators have advanced a proposal that would require the state’s largest electric utility to charge data centers for the costs …
The post Georgia Looking to Charge Data Center Operators for Power Use appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Georgia has seen a surge in data center construction. While some appreciate the benefits in regard to property taxes kicked off from the site, others lament the amount of power and water the centers consume. Legislators have advanced a proposal that would require the state’s largest electric utility to charge data centers for the costs …
The post Georgia Looking to Charge Data Center Operators for Power Use appeared first on Connect CRE.
Visuals: Amsterdam Walk proposal over Beltline shrinks again
Visuals: Amsterdam Walk proposal over Beltline shrinks again
Visuals: Amsterdam Walk proposal over Beltline shrinks again
Josh Green
Wed, 02/26/2025 – 16:08
A massive redevelopment project that once promised to stand out among Beltline-adjacent projects around the city has been reduced to a more familiar scale, according to renderings obtained by Urbanize Atlanta.
Following months of neighborhood meetings, complaints about traffic and other concerns, and substantial design revisions, leadership with both the Virginia-Highland Civic Association and Morningside Lenox Park Association voted in May last year to support the rezoning and redevelopment of commercial hub Amsterdam Walk.
The former warehouse district, spread across 11 acres, has recently seen its cachet boosted by new segments of the Beltline’s Northeast Trail next door.
Work on the Portman Holdings project largely went quiet over fall and winter months, but it’s now set for review by two Atlanta City Council committees and another round of community input, according to VHCA officials.
What arbiters will see is a substantially different project than what Portman last brought to the table in May as a compromise with neighborhood groups.
The multifaceted Amsterdam Walk proposal as of last year, following a revision process that subtracted height. SOM architects/Portman Holdings
The proposal from the same angle today, per current Portman Holdings plans. SOM architects/Portman Holdings
Overall, the Amsterdam Walk project’s density will remain the same, 1.18 million square feet, as plans called for last year.
But the arrangement and height of buildings—and thus, the amount of open plaza space—will be noticeably different.
According to Portman’s latest designs, the number of buildings has been cut back from four to three, and those will stand a maximum of nine stories, as opposed to heights up to 17 stories initially proposed.
With shorter and wider buildings, the plaza space will be reduced from earlier plans but will still meet the minimum 20 percent required by the city, according VHCA.
Office and retail space could land anywhere between 60,000 and 240,000 square feet, with 150,000 square feet being the current target.
Revised designs for an Amsterdam Walk interior courtyard space. SOM architects/Portman Holdings
How the project would look when approaching from the Beltline’s Northeast Trail. SOM architects/Portman Holdings
Meanwhile, the residential unit count could actually bump up from what plans showed (roughly 840 residences) last year. Revised plans call for between 940,000 and 1.12 million square feet of residential space—enough for between 940 and 1,100 units, according to VHCA officials.
Another key design element calls for keeping Evelyn Street—the connection between Monroe Drive and Atlanta Botanical Garden—in its current location, instead of realigning it to be closer to Amsterdam Walk buildings.
Instead, a new spur road will link Evelyn Street with Portman’s project, per VHCA.
Portman officials first presented the redevelopment idea to both neighborhood groups in the summer of 2023. Specifics—and gripes—came later.
Initially, plans called for new buildings standing between seven and 17 stories, with 900 new apartments, 90,000 square feet of commercial space, and 400,000 square feet of offices. At that scale, the proposal triggered neighborhood pushback that included a campaign of naysaying yard signs.
Alongside a host of conditions, plans approved in May by VHCA and MLPA officials scaled back everything but the amount of commercial or retail space.
According to VHCA, the reduced density meant car trips would be slashed from an estimated almost 4,000 initially to 2,362 trips each day, or 41 percent less, per traffic models compiled last year.
SOM architects/Portman Holdings
SOM architects/Portman Holdings
Under the current C-1 zoning classification, Portman’s buildings could have stood up to 225 feet tall at Amsterdam Walk.
The updated Amsterdam Walk plans will not be required to go through the NPU process again before city council members vote on the proposal, according VCHA.
Alex Wan, District 6 Atlanta City Council member, is scheduled to host an online meeting March 3 regarding recent updates to the Amsterdam Walk project’s scope. Preregister for that meeting (and submit questions beforehand) right here.
…
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The multifaceted Amsterdam Walk proposal as of last year, following a revision process that subtracted height. SOM architects/Portman Holdings
The proposal from the same angle today, per current Portman Holdings plans. SOM architects/Portman Holdings
SOM architects/Portman Holdings
SOM architects/Portman Holdings
Revised designs for an Amsterdam Walk interior courtyard space. SOM architects/Portman Holdings
SOM architects/Portman Holdings
How the project would look when approaching from the Beltline’s Northeast Trail. SOM architects/Portman Holdings
Visuals: Amsterdam Walk proposal over Beltline shrinks again
Josh Green
Wed, 02/26/2025 – 16:08
A massive redevelopment project that once promised to stand out among Beltline-adjacent projects around the city has been reduced to a more familiar scale, according to renderings obtained by Urbanize Atlanta. Following months of neighborhood meetings, complaints about traffic and other concerns, and substantial design revisions, leadership with both the Virginia-Highland Civic Association and Morningside Lenox Park Association voted in May last year to support the rezoning and redevelopment of commercial hub Amsterdam Walk. The former warehouse district, spread across 11 acres, has recently seen its cachet boosted by new segments of the Beltline’s Northeast Trail next door.Work on the Portman Holdings project largely went quiet over fall and winter months, but it’s now set for review by two Atlanta City Council committees and another round of community input, according to VHCA officials. What arbiters will see is a substantially different project than what Portman last brought to the table in May as a compromise with neighborhood groups.
The multifaceted Amsterdam Walk proposal as of last year, following a revision process that subtracted height. SOM architects/Portman Holdings
The proposal from the same angle today, per current Portman Holdings plans. SOM architects/Portman Holdings
Overall, the Amsterdam Walk project’s density will remain the same, 1.18 million square feet, as plans called for last year. But the arrangement and height of buildings—and thus, the amount of open plaza space—will be noticeably different. According to Portman’s latest designs, the number of buildings has been cut back from four to three, and those will stand a maximum of nine stories, as opposed to heights up to 17 stories initially proposed. With shorter and wider buildings, the plaza space will be reduced from earlier plans but will still meet the minimum 20 percent required by the city, according VHCA.Office and retail space could land anywhere between 60,000 and 240,000 square feet, with 150,000 square feet being the current target.
Revised designs for an Amsterdam Walk interior courtyard space. SOM architects/Portman Holdings
How the project would look when approaching from the Beltline’s Northeast Trail. SOM architects/Portman Holdings
Meanwhile, the residential unit count could actually bump up from what plans showed (roughly 840 residences) last year. Revised plans call for between 940,000 and 1.12 million square feet of residential space—enough for between 940 and 1,100 units, according to VHCA officials. Another key design element calls for keeping Evelyn Street—the connection between Monroe Drive and Atlanta Botanical Garden—in its current location, instead of realigning it to be closer to Amsterdam Walk buildings. Instead, a new spur road will link Evelyn Street with Portman’s project, per VHCA. Portman officials first presented the redevelopment idea to both neighborhood groups in the summer of 2023. Specifics—and gripes—came later. Initially, plans called for new buildings standing between seven and 17 stories, with 900 new apartments, 90,000 square feet of commercial space, and 400,000 square feet of offices. At that scale, the proposal triggered neighborhood pushback that included a campaign of naysaying yard signs.Alongside a host of conditions, plans approved in May by VHCA and MLPA officials scaled back everything but the amount of commercial or retail space. According to VHCA, the reduced density meant car trips would be slashed from an estimated almost 4,000 initially to 2,362 trips each day, or 41 percent less, per traffic models compiled last year.
SOM architects/Portman Holdings
SOM architects/Portman Holdings
Under the current C-1 zoning classification, Portman’s buildings could have stood up to 225 feet tall at Amsterdam Walk.The updated Amsterdam Walk plans will not be required to go through the NPU process again before city council members vote on the proposal, according VCHA. Alex Wan, District 6 Atlanta City Council member, is scheduled to host an online meeting March 3 regarding recent updates to the Amsterdam Walk project’s scope. Preregister for that meeting (and submit questions beforehand) right here. …Follow us on social media: Twitter / Facebook/and now: Instagram • Virginia-Highland news, discussion (Urbanize Atlanta)
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The multifaceted Amsterdam Walk proposal as of last year, following a revision process that subtracted height. SOM architects/Portman Holdings
The proposal from the same angle today, per current Portman Holdings plans. SOM architects/Portman Holdings
SOM architects/Portman Holdings
SOM architects/Portman Holdings
Revised designs for an Amsterdam Walk interior courtyard space. SOM architects/Portman Holdings
SOM architects/Portman Holdings
How the project would look when approaching from the Beltline’s Northeast Trail. SOM architects/Portman Holdings
Subtitle
Density remains with Portman Holdings project, but height and plaza space cut back
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Virginia-Highland
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Visuals: Amsterdam Walk proposal over Beltline shrinks again
Josh Green
Wed, 02/26/2025 – 16:08
A massive redevelopment project that once promised to stand out among Beltline-adjacent projects around the city has been reduced to a more familiar scale, according to renderings obtained by Urbanize Atlanta. Following months of neighborhood meetings, complaints about traffic and other concerns, and substantial design revisions, leadership with both the Virginia-Highland Civic Association and Morningside Lenox Park Association voted in May last year to support the rezoning and redevelopment of commercial hub Amsterdam Walk. The former warehouse district, spread across 11 acres, has recently seen its cachet boosted by new segments of the Beltline’s Northeast Trail next door.Work on the Portman Holdings project largely went quiet over fall and winter months, but it’s now set for review by two Atlanta City Council committees and another round of community input, according to VHCA officials. What arbiters will see is a substantially different project than what Portman last brought to the table in May as a compromise with neighborhood groups.
The multifaceted Amsterdam Walk proposal as of last year, following a revision process that subtracted height. SOM architects/Portman Holdings
The proposal from the same angle today, per current Portman Holdings plans. SOM architects/Portman Holdings
Overall, the Amsterdam Walk project’s density will remain the same, 1.18 million square feet, as plans called for last year. But the arrangement and height of buildings—and thus, the amount of open plaza space—will be noticeably different. According to Portman’s latest designs, the number of buildings has been cut back from four to three, and those will stand a maximum of nine stories, as opposed to heights up to 17 stories initially proposed. With shorter and wider buildings, the plaza space will be reduced from earlier plans but will still meet the minimum 20 percent required by the city, according VHCA.Office and retail space could land anywhere between 60,000 and 240,000 square feet, with 150,000 square feet being the current target.
Revised designs for an Amsterdam Walk interior courtyard space. SOM architects/Portman Holdings
How the project would look when approaching from the Beltline’s Northeast Trail. SOM architects/Portman Holdings
Meanwhile, the residential unit count could actually bump up from what plans showed (roughly 840 residences) last year. Revised plans call for between 940,000 and 1.12 million square feet of residential space—enough for between 940 and 1,100 units, according to VHCA officials. Another key design element calls for keeping Evelyn Street—the connection between Monroe Drive and Atlanta Botanical Garden—in its current location, instead of realigning it to be closer to Amsterdam Walk buildings. Instead, a new spur road will link Evelyn Street with Portman’s project, per VHCA. Portman officials first presented the redevelopment idea to both neighborhood groups in the summer of 2023. Specifics—and gripes—came later. Initially, plans called for new buildings standing between seven and 17 stories, with 900 new apartments, 90,000 square feet of commercial space, and 400,000 square feet of offices. At that scale, the proposal triggered neighborhood pushback that included a campaign of naysaying yard signs.Alongside a host of conditions, plans approved in May by VHCA and MLPA officials scaled back everything but the amount of commercial or retail space. According to VHCA, the reduced density meant car trips would be slashed from an estimated almost 4,000 initially to 2,362 trips each day, or 41 percent less, per traffic models compiled last year.
SOM architects/Portman Holdings
SOM architects/Portman Holdings
Under the current C-1 zoning classification, Portman’s buildings could have stood up to 225 feet tall at Amsterdam Walk.The updated Amsterdam Walk plans will not be required to go through the NPU process again before city council members vote on the proposal, according VCHA. Alex Wan, District 6 Atlanta City Council member, is scheduled to host an online meeting March 3 regarding recent updates to the Amsterdam Walk project’s scope. Preregister for that meeting (and submit questions beforehand) right here. …Follow us on social media: Twitter / Facebook/and now: Instagram • Virginia-Highland news, discussion (Urbanize Atlanta)
Tags
533 Amsterdam Avenue
Amsterdam Walk
Halpern Enterprises
Adaptive-Reuse
Portman Holdings
Portman
Fresh Renderings
Renderings
Beltline
Piedmont Park
Northeast Trail
Atlanta BeltLine
Mixed-Use Development
Atlanta Development
Lenox Park
SOM
Kimley-Horn & Associates
Kimley-Horn
NIMBY
NIMBYs
Morningside
Morningside-Lenox Park
Virginia-Highland Civic Association
VHCA Planning Committee
Virginia-Highland Master Plan
Canvas Planning
Morningside Lenox Park Association
Alex Wan
Images
The multifaceted Amsterdam Walk proposal as of last year, following a revision process that subtracted height. SOM architects/Portman Holdings
The proposal from the same angle today, per current Portman Holdings plans. SOM architects/Portman Holdings
SOM architects/Portman Holdings
SOM architects/Portman Holdings
Revised designs for an Amsterdam Walk interior courtyard space. SOM architects/Portman Holdings
SOM architects/Portman Holdings
How the project would look when approaching from the Beltline’s Northeast Trail. SOM architects/Portman Holdings
Subtitle
Density remains with Portman Holdings project, but height and plaza space cut back
Neighborhood
Virginia-Highland
Background Image
Image
Before/After Images
Sponsored Post
Off
Here are the Best in Atlanta Real Estate Awards honorees for 2025
Here are the Best in Atlanta Real Estate Awards honorees for 2025
Atlanta Business Chronicle has chosen its 2025 Best in Atlanta Real Estate Awards winners.
Atlanta Business Chronicle has chosen its 2025 Best in Atlanta Real Estate Awards winners. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
Atlanta Business Chronicle has chosen its 2025 Best in Atlanta Real Estate Awards winners.