Shops, restaurants and more than 200 apartments could rise on a long-fallow piece of land wedged between DeKalb and Edgewood avenues that serves as a gateway to the Eastside Trail. North American Properties — the transformers of Atlantic Station who developed Avalon and the offloaded and renamed BOHO4W apartments — have emerged as the frontrunners to buy and develop the key 1.7-acre tract, the Atlanta Business Chronicle reports. The post-industrial property sits across the street from Hulsey Yard, just west of Krog Street Tunnel.
Beltline officials released a request for proposals in February, seeking developers who could execute a "pedestrian-friendly urban design" that would add residents, retail and other commercial space to the Edgewood and DeKalb corridors. NAP's plans could call for between 225 and 275 apartments, but the site doesn't sound fit for a run-of-the-mill apartment block. The property includes Beltline frontage, and the Atlanta Streetcar could eventually be routed under the apartments, according to the newspaper.
NAP already plans to break ground on a stack of 245 apartments a short jog up the Beltline at Historic Fourth Ward Park. That six-story development — replacing the building that houses Mindzai Creative and others — will overlook the park's southernmost meadow, with some 4,400 square feet of retail and restaurants.
· Beltline deal possible on Atlanta's vibrant Eastside [ABC]
· Another Large Apartment Project Wants Piece of O4W Pie [Curbed]