A legal circus has put a new downtown Atlanta apartment project in jeopardy.
According to Bisnow, Generation Atlanta—proposed to rise adjacent to the Williams Street exit from the Connector, near Centennial Olympic Park—has stalled due to a complex, site ownership restriction.
Announced last summer, the project would fill a vacant tract of land with 336 apartments. Developer Kaplan pitched the project as being a primo option for young renters priced out of the nearby Midtown market.
Slated to cost some $86 million, the building would feature 11 floors of residences atop a parking podium. Renderings show an amenity deck on the south side of the building, but few details have been revealed about the design specifics.
Originally, the developer hoped to start construction last fall; instead, officials are building a case as part of a lawsuit against the Atlanta Housing Authority (AHA) and developer Integral Group over claims the two organizations have complicated the sale of the parcel.
AHA officials claim they’re working with Kaplan in order to move the project forward, though it’s unclear how quickly things can be resolved.
If the project is scuttled, it could be a loss for not only Kaplan—who has invested a reported $2 million into the project already—but for a neighborhood craving more development.