At the southeastern corner of Grant Park, near the future Beltline corridor, an 11-year-old apartment building is being converted into condos.
Conversion of The Burnett at Grant Park has already launched, with permits filed with the city over the past six months hinting at the work.
According to the Atlanta Business Chronicle, the first for-sale units in the building are slated to hit the market as condos next month.
Plans call for switching the rentals into 54 one- and two-bedroom units. The building’s website has been updated to reflect the change from apartments to condos, and a sales gallery is reportedly slated to open this month.
Located just two blocks from Grant Park, and another two blocks from the future Beltline Southside Trail, the apartments will offer enviable access to some of Atlanta’s greatest outdoor amenities.
Units will range from around 750 square feet to more than 1,200 square feet. Prices for one-bedroom options will begin in the low-$200,000 range, with two-bedroom layouts to start under $300,000.
The prices are comparable to a purpose-built condo building going up near the neighborhood’s northern reaches along Memorial Drive.
Sales at the property could serve as a bellweather for other conversions across Atlanta, which has experienced an explosion of luxury apartments during a building boom over the past six years.
- Burnett Grant Park [website]
- Grant Park apartment project being converted to 54 condos [Atlanta Business Chronicle]
- Memorial Drive condo project unveils floorplans, starting in $200Ks [Curbed Atlanta]