Site work is slated to begin this month on a mixed-use complex near the Edgewood Retail District, meaning a handful of homes currently occupying the land will soon meet their maker. Greystar development director John Roberson said Tuesday the company has closed on the roughly four acres of land at 144 Moreland Ave., a combination of several parcels also fronting parts of Wade Street, Brantley Street and Seaboard Avenue. The developer will "be mobilizing this week," Roberson said, paving the way for demolition and site work to begin later this month. The company plans to build another Elan complex, with 285 apartments to be accompanied by 16,000 square feet of ground-floor retail space. The project will create a sort of retail/residential canyon south of Little Five Points, with the Greystar development running parallel to the Edgewood Retail District.
In terms of houses that'll be razed to make way for the development, a hard count is a little tough at this point. But at least 10 residences (possibly up to 20 individual parcels) appear to be boarded up, with trees in their yards marked with orange spray-painted X's. No property records for the involved parcels have been updated, so it's unclear what Greystar (and/or other involved parties) may have paid for the homes. As can be seen in the photos below, some aren't too shabby at all, while many are rather rough around the edges. Judging from the street, most would appear to be perfectly plausible candidates for rehab work. But like the old adage says: You can't always have your cute-old-house cake, and eat the benefits of greater density and diversified retail, too.
The delivery date for the Elan development is still pegged at early 2016. It marks Greystar's third Elan development in Atlanta since 2012. Other offerings include the recently opened Elan Westside.
— By Curbed Atlanta contributor Tyler Estep