If there was any doubt the MARTA Gold Line is drawing investment to the northeastern ITP city of Chamblee, they should be squashed pretty soon. In fact, the Gold Line is becoming a veritable gold mine for developers — or at least they hope it will be.
According to an agenda for the upcoming Chamblee Architectural Review Board meeting, a new apartment-centric mixed-use development could be joining the ranks of transit-oriented developments situated along Peachtree Boulevard.
Designed by Wakefield Beasley & Associates, the development could bring 297 apartments to a 3.9-acre site just north of Chamblee MARTA station, currently occupied by Nalley Nissan. In addition to apartments, the building would potentially feature 6,000 square feet of retail and restaurant space and a six-story parking deck.
The development joins three other apartment projects in process in the area — Parkview, the Olmstead, and Malone on Peachtree — and at least one commercial venture in a short stretch of Peachtree Bouleavard. In total, the four apartment development could bring almost 1,100 residential units to the area.
Which has to be music to the ears of MARTA and retailers in the area.