In the same month College Park charged to the Final Four in its Curbed Cup debut, the airport-adjacent ITP city has debuted its first new multifamily community in almost a half-century.
Business leaders and developers this week toasted a new upscale complex of 109 apartments, ThePad on Harvard, which stands 400 feet from College Park’s MARTA station and boasts Google Fiber connectivity. Thus, developers are referring to the $16-million private venture as a TOD, and rightly so.
It’s the city’s first new apartment cluster since 1969.
In a press release, College Park Mayor Jack Longino called ThePad indicative of his city’s more sophisticated aspirations in the 21st Century. “We’re going to see the swing of time going up not down in this region,” he said, “and especially in College Park.”
Now leasing, ThePad offers studios (north of $1,000) up to two-bedroom apartments with upscale amenities.
Average rent for ThePad’s apartments is $1,404 — or what officials call “hundreds less per month than similar communities in other parts of Metro Atlanta.”
Phase II expects to add 147 more rentals and an Aloft Hotel.