Hankering to live at Ponce City Market? Better hurry. With only 250 or so apartments to be offered, our gut says you might be wise to reserve a place in line now. (Then again, options in the area are rapidly multiplying). Jamestown Properties, the developer behind the 2.1-million square-foot mega-complex, seems confident the project will open in about a year. This week, Jamestown launched a residential website for the project and activated a waiting list.
While the site offers no visual preview of the PCM apartments — or an idea what rental rates will be — it paints a vivid scene via words. Here's the teaser:
"The chic, repurposed Flats at Ponce City Market occupy a distinctive space amid Atlanta's commercial center, as well as its rich neighborhood life. Original details including steel sash windows, exposed ceilings, architectural columns, and original masonry walls pair beautifully with European-style kitchens, Energy Star appliances and gas cooktops."
According to Jamestown, the residential marketing center will open later this summer, and that's when pre-leasing for the apartments will commence. Jamestown bought the former City Hall East — originally a Sears complex — for $27 million in July 2011. It's been called one of the largest — if not the largest — urban redevelopment project under way in the United States, and the biggest in Atlanta history.
In an April interview with Curbed Atlanta, a Jamestown official had this to say about PCM's residential offerings:
"Ponce City Market will offer 259 flats, which will come online in 2014. Our building amenities include historic structure with steel windows and on-site food, shopping and entertainment as well as direct access to the Beltline. History comes back to life at PCM."