An empty triangular plot near the center of Chosewood Park could soon get a new lease on life.
Developer RHR Investments—a family-run business helmed by Atlantan Stephen Holmes and his two cousins—aims to build 5,000 square feet of mixed-use space at 300 Milton Avenue, site of a former gas station.
Catty-corner from Chosewood Park’s Sawtell property, a 40-acre swath of land being marketed to prospective mini-city builders, the humble development would feature five “market-rate affordable” residences—units cheap for the area, but not quite low-income apartments—and two commercial spaces.
Holmes tells Curbed Atlanta this week the venture has secured funding, identified a general contractor, and is on track to break ground before Thanksgiving.
The two-story project, which is expected to cost just over $1 million, would include about 15 feet of walking space near the entrances, including a five-foot “supplemental zone” and the five-foot “amenity zone” in front of the building, near the doors to the residences.
Designed by architecture firm Studio SOGO, 300 Milton would also bring new trees to the site, as well as bike racks and seating for passersby and patrons of the commercial spaces. Thanks to a zoning variance, just four parking spaces—instead of the otherwise expected 19—will be included.
Holmes previously told Curbed the City of Atlanta’s Development Review Committee had deemed the project’s blueprints “a great design for urban infill development.”
One of the commercial spaces has been leased to a beauty salon; a 640-square-foot unit remains available.
The single-bedroom apartments are expected to lease at $1.75 per square foot, meaning rents would range from about $893 to $1,519.
Rentals are planned to span between 510 and 868 square feet.