Construction sites are prevalent across Summerhill these days, and what’s projected to be among the historic neighborhood’s most significant additions is now officially a go.
National apartment developer Alliance Residential has closed on five empty acres on Fulton Street with intentions of building almost 300 luxury apartments in the shadow of downtown. It’ll be called Broadstone Summerhill.
The site is positioned between former Turner Field parking lots and the Ramada Plaza by Wyndham hotel, Interstate 20, single-family homes, and a row of modern-style townhouses built several years ago.
Officials with Phoenix-based Alliance say the apartments will begin construction later this year and finish in 2021, aiming to capitalize on momentum from Georgia State University and developer Carter’s masterplanned redevelopment next door.
Renderings aren’t available yet, a rep tells Curbed Atlanta. But plans call for three separate buildings of five stories each, with 276 rentals ranging from studios to two-bedrooms and averaging 729 square feet.
According to developers, the design will pull inspiration from Victorian dwellings in nearby Grant Park and historic storefronts along Georgia Avenue. Expect a resort-style pool and rooftop “sky lounge” with views to Midtown.
Rent prices won’t be released until pre-leasing launches, and no affordable housing component is planned, the rep tells Curbed.
Noted Alliance Residential’s development director, Noah Randall, in a prepared statement: “Renters are prioritizing experiences and location more than ever, and Broadstone Summerhill delivers both.”
A few blocks south of the Broadstone Summerhill site, the redevelopment of numerous, formerly vacant properties along historic Georgia Avenue continues, while Aspen Heights’s apartment community directly across the street from Georgia State Stadium has now opened, replacing surface parking.
Private one-bedroom units at that student-focused rental project cost $1,399 monthly, while cheaper options are available (in the $900/month range) for renters with roommates.
And just last week, renderings emerged for a new $85 million Georgia State convocation center, which is set to rise in Summerhill between the stadium and downtown.