Forget the sprawling 700-square-foot apartments of yesteryear Atlanta. A still-meager but popular crop of extremely tiny "micro units" is popping up across town, lending Atlanta's apartment market a little taste of Manhattan, San Francisco and Seattle, the Atlanta Business Chronicle reports. The latest examples are en route at Emory Point's second phase, where developer Gables Residential is making at least five of 307 new units micro-rific — that is, 390 square feet. According to floor plans, the apartments will manage to squeeze in a full bathroom, washer and dryer space (stacked) and a slim pantry. Guests who fancy watching television, however, will have to do so from the renter's bed.
The Emory Point micros are renting between $1,110 and $1,150 right now. That's a tad higher than the few (even smaller!) micro units in Midtown at 131 Ponce de Leon Ave., the project that incorporated the I.M. Pei-designed building. Those units are fetching nearly $3 per square foot at $1,050, the newspaper reports.
Even Buckhead has tiptoed into the micro game. The Terminus project by Crescent Communities incorporated a handful of units at 450 square feet. Those are renting for $1,200.
As we've seen before, roughly 450 square feet can be sufficient for living in Atlanta — and even hosting a New Year's Eve party — if you're creative and non-claustrophobic.