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In Ponce City Market’s shadow, townhome prices have bumped into the $900Ks

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Filling a vacant lot, Old Fourth Ward residences come with elevators, rooftop terraces

The planned look along Glen Iris Drive.
The planned look along Glen Iris Drive.
Images via The Providence Group

When a pocket of 16 townhomes along Glen Iris Drive, a block from Ponce City Market, was announced last summer, project leaders said getting in the door would cost in the $800,000s.

That’s not chickenfeed, of course. But it’s certainly not unexpected for four levels of elevator-served living space in what’s arguably been Atlanta’s hottest real estate market for several years.

But that ship appears to have sailed.

According to developer The Providence Group, the under-construction Boulevard at Glen Iris project now starts in the $900,000s. And if initial listings posted late this week are any indication, the majority of offerings will ask deep into the nines.

Launched last fall, the project has claimed an empty lot where Glen Iris meets Boulevard Place. It’s been promising “a low-maintenance lifestyle with top-tier craftsmanship, quality materials, and HOA-maintained landscaping,” all skipping distance from Historic Fourth Ward Park and the Beltline.

How the community is arranged on what used to be a vacant lot.

Initial listings put prices between about $960,000 and $985,000.

Sizes range from 2,455 to around 2,700 square feet, with rooftop terraces spanning another 500 square feet. Each consists of three bedrooms and three and a half bathrooms. They all include an elevator.

The project’s expected to finish sometime this summer.

Earlier renderings depict slightly different exteriors.

Additional perks, per listings this week, include custom interiors “by local designer talent,” floating cabinetry, commercial-grade appliance, wet bars, and backlit mirrors.

Below are floorplans for what—at 2,455 square feet—appears to be the smallest townhome offering:

The same builder is behind the townhouse component at the $40 million Westside Village and, in south Grant Park, the Pratt Stacks project.

With prices starting in the $380,000s, the latter community is under construction across the street from The Beacon, a repurposed warehouse district.