The East Atlanta Village area has emerged in the past year as a hot zone for modern-style pockets of townhouses, and the trend continues this summer.
The latest clean-lined multifamily options to sprout are called “The Ormewood,” taking shape over Moreland Avenue on a site—as marketers point out—that’s practically equidistant to EAV (.63 miles) and the Beltline’s future Southside Trail.
Rising on an Ormewood Park corner, the Xmetrical-designed project by Intown Builders will bring six townhomes with prices starting in the low $500,000s, reps tell Curbed Atlanta.
Market conditions will ultimately dictate, but the priciest offerings should top out in the mid-$500,000s, according to Melissa Graybeal, a Realtor with Keller Williams Intown Atlanta.
Presales begin next month, and the first phase is expected to wrap before 2019.
The initial phase will bring four units along Moreland Avenue, with two others facing Hall Street to follow.
Promotional materials invite prospective buyers to “step out of your front door and hop right over to Hodgepodge for your morning coffee” and to “finish the day with the best ice cream in town at Morelli’s.”
The townhomes might not be the only significant changes on the block.
Third & Urban, the team behind the Common Ground brewery-retail concept on the Eastside Trail and other adaptive-reuse ventures, shared plans in September for a “micro mixed-use development” coined “Elway,” which would rise next to The Ormewood.
The Elway project, developers said last year, will entail seven townhomes, 12 apartments, and 8,300 square feet of retail. It was supposed to have broken ground last fall and delivered this summer, but the site remains unchanged. We’ve asked Third & Urban for an update and will post any information that comes.
In the meantime, have a look at The Ormewood’s site layout, interior renderings, and two available floorplans below: