One of the densest mixed-use projects on Atlanta’s growing Memorial Drive corridor has topped out in preparation to deliver more than 300 rentals and other components.
All of that investment activity—and much more—is materializing a stone’s throw from the southern leg of the Beltline’s Eastside Trail that opened last year.
Once finished, the new Modera is expected to feature 320 apartments, more than 18,000 square feet of retail and restaurant space, and yes, a speakeasy.
Developed by Mill Creek Residential, the project is slated to welcome pre-leases this coming summer, officials told Curbed Atlanta last year. (Mill Creek representatives have not yet responded to requests for construction updates.)
Units would come as studios, one-, two-, or three-bedroom options averaging 968 square feet, officials have said.
Also planned is a rooftop deck with a “resort-style pool,” sky lounge, grill nook, fitness and yoga studio, clubroom, art wall, courtyard, and dog park, per Mill Creek’s website.
The roughly four-acre development sits across the street from the Paces Properties-owned Atlanta Dairies, an 11-acre mixed-use venture that features 312 apartments.
Next door’s 764 Memorial features 24 condos and five townhomes spanning about an acre, and down the street, fronting the Beltline, Fuqua Development’s 17-acre Madison Yards project promises 329 conventional rentals, 168 senior units, and 21 townhomes.
It’s a hot zone for development in 2020, indeed.