Sixty-nine units of workforce affordable housing could be headed for an unassuming piece of Chamblee land a stone’s throw from the local MARTA station.
On a Development of Community Impact application filed with the city, affordable housing developer Blue Ridge Atlantic states that cheaper living options are becoming imperative “in a time where much of the recent growth and development has been spurred by luxury market rate properties.”
The four-story project would be sited at the corner of Chamblee Tucker Road, a main city thoroughfare, and Hood Avenue.
The roughly 1.6-acre property is just southeast of the Chamblee MARTA Station, immediately north of the DeKalb-Peachtree Airport, and less than a mile from State Route 141 (aka Peachtree Boulevard), which runs from Cumming all the way to the Buckhead area.
Blue Ridge Atlantic officials said on the DCI application the project represents a $15 million investment on an underutilized parcel near the heart of the city.
The project would also feature fitness facilities, rooftop hangouts, and about 2,700 square feet of street-level retail fronting the Chamblee Tucker-Hood intersection.
Estimated rents weren’t specified.
If the project pans out, it would join a recent groundswell of development activity in the area, including a 17-townhome project called The Bristol, which is selling units from the $500,000s to upwards of $850,000.