The latest luxury development in the famous/infamous Cheshire Bridge corridor is opening its doors this week. Officials with closely watched Modera Morningside, a 300-unit apartment building with a built-in Sprouts Farmers Market at the end of Cheshire Bridge Road on Piedmont, announced they're moving in a first wave of residents right now. The venture has been highly anticipated since before the groundbreaking more than a year ago, and it's likely to be a bellwether of more mixed-use projects to come.
The opening of the mixed-use project — co-developed by Fuqua and Mill Creek Residential — is just the latest in development news from the Cheshire Bridge corridor. Bluerock Residential Growth announced a $48 million, 285-unit apartment development on the 4-acre site of the former Fleur de Lis Restaurant back in May. In August, the owner of the property that contains The Doll House Gentlemen's Club filed an application to rezone the property for mixed-use development. That application was conditionally approved this month, pending updates to include sidewalk and tree-planting requirements.
Selig Enterprises has been sitting quietly on about 8-acres of land including The Colonnade and a number of small antique shops since 2001. With the growing interest in Cheshire Bridge — largely because of its proximity to Midtown, Buckhead and Emory University — it's likely the Selig land could be the site of the largest development in the area to date. These proposed rental options would expand on the existing CB Lofts and the Bell Cheshire Bridge Apartments.
Not everyone is happy about the changes to the area, widely known as Atlanta's adult entertainment district. But, as long as land prices remain relatively low compared to the rest of the city, redevelopment is likely to continue.
· Project 'will change everything' at Piedmont and Cheshire Bridge[Atlanta Business Chronicle]
· $48M apartments set for Cheshire Bridge[Atlanta Business Chronicle]
· Ordinance 15-O-1332[City of Atlanta]
· Apartments could Gobble Up Cheshire Bridge Strip Club[Curbed]
· Selig buys Cheshire Bridge tract[Atlanta Business Chronicle]
· Reader: Spirit of Cheshire Should be Cherished, Preserved[Curbed]