A stone’s throw from the Beltline’s Eastside Trail, more high-end apartments have been proposed for a section of Old Fourth Ward that’s seen well over a thousand new rentals come online in recent years.
Across the street from the AMLI Parkside apartments and fronting Historic Fourth Ward Park, Trammell Crow Residential is planning a 240-unit luxury apartment stack with a percentage deemed affordable housing.
The firm is currently working through the process of getting the Beltline Development Review Committee’s blessing for the development.
The 652 Angier Avenue project, which would replace a handful of 1940s and 1950s warehouses and offices, could break ground later this year, Trammell Crow developer Justin Adams tells Curbed Atlanta.
Slated to rise seven stories, according to early sketches of the proposal, the apartment building would also feature a coffee shop incorporated into its ground-floor leasing office and clubhouse.
Future tenants can also look forward to a community pool and an amenity courtyard facing the park, Adams says.
While the apartments will largely cater to the luxury renter, 15 percent of the units would be earmarked for affordable housing priced at 80 percent of the area median income.
The project, as designed today, would also bring 294 parking spaces to the roughly 1.6-acre site.
Apartments could be move-in ready in the fall of 2022, Adams says.