Atlanta doesn’t always maximize its proximity to the Chattahoochee River, but as development intensifies on the city’s northwestern reaches, developers are beginning to embrace the water as an anchor for new projects.
For nearly a decade, plans have been in the works for Riverview Landing at the southern fringes of Smyrna. Jamestown, the developers behind Ponce City Market, had once planned a mini-city there for an 82-acre site on the banks of the ‘hooch.
Last week, the Smyrna City Council approved plans for the development to move forward, though at a smaller scale than had been originally proposed, and with a new developer.
According to River Edges, the development is slated to bring just over 600 residential units to the site along the river. By offering a mix of 65 single-family houses, 233 townhomes, and 310 units in a multifamily building, developer the Ardent Cos. is attempting to attract an array of residents.
Townhomes in the development will start in the $200,000s, with larger, river-facing units going as high as $400,000.
When originally proposed by Jamestown, the development was intended to include more than 1,700 residential units and 190,000 square feet of commercial space.
Besides a 3,000-square-foot retail space, possibly for a coffee shop along the river, the new plans will reportedly not include commercial space.
The scaling back of the development addresses concerns of overbuilding and traffic, and also hints at a contracting of the market for new development in this particular area over the next few years.
Construction could begin soon.
- Riverview Landing development on the Chattahoochee River moves forward [River Edges]
- Cobb Official: Millennials Want a Piece of This Action [Curbed Atlanta]