Atlanta Beltline Inc and Affordable Intown Housing

The Lofts at Reynoldstown Crossing on Memorial Drive next to H. Harper Station and the Atlanta Beltline Eastside Trail is an example of what can happen when good vision and planning come together. The Atlanta Beltline Affordable Housing Program’s goal is to make city living attainable by creating a large number of affordable units, rentals as well as owner occupant, over the next 25 years. 15% of the net proceeds will be set aside in an affordable housing trust fund to provide down payment assistance to Buyers as well as Developer incentives to prompt the continued construction of affordable housing. The Atlanta Land Trust Collaborative addresses the issue of affordability in neighborhoods around the Beltline because of the inevitable result of development which is the displacement of folks living in these areas prior to the change. Housed in a former motorcycle parts factory, The Lofts at Reynoldstown Crossing consists of 28 units that were reserved for Atlanta work force, down payment assistance Buyers making less than $67,000 annually, and one market-rate penthouse. The complex was originally planned as Triumph Lofts which eventually failed as a high end condominium development and went into receivership. Although it sat for years, 85% of the project was complete and Atlanta Beltline Inc. was able to purchase it at a rate that allowed them to turn around and offer the units at an affordable price to the workforce. The numbers are interesting and you have to believe this plan can be duplicated again and again: 2,400 people registered to become eligible to purchase, more than 600 people visited the site, and more than 40...

Ponce City Market in Historic Old Fourth Ward is Upon Us!

Quite possibly the most exciting thing going on in intown Atlanta right now…besides the Beltline…is the birth of Ponce City Market in the renovated Sears, Roebuck & Company building on Ponce de Leon in the Old Fourth Ward. Everything is built around a food hall in the central market place which will be a gathering place for culinary shopping and all kinds of different dining experiences from coffee to date night dinners. Retail shopping as well as office space for businesses will also be housed within this bohemoth not to mention loft apartments which are all but spoken for as far as I can tell. Let’s talk food…I am so excited to one day be able to hop on the Beltline in my neighborhood of Grant Park, burn some calories on my bike on the way to PCM and then indulge on what seems to be a growing cultural mix of restaurants being added the list. Here is what they have confirmed so far: Dancing Goats Coffee Bar, Dub’s Fish Camp, H&F Burger, Honeysuckle Gelato, Indian Streetfood by Chai Pani, Jia Authentic Szechuan, Juice Box and Simply Seoul Kitchen. Several businesses are locked in as well consisting of AthenaHealth, Cardlytics which does marketing, Jamestown Investment & Management Co, Mailchimp and SBC&H Architects. Not a bad start and I have a feeling the list will continue to grow quickly as things continue to move forward with the renovations. The Suzuki School which is a preparatory school for kids 3 months to 5 years of age will also plant a campus on site to really diversify what is becoming a true...

ATL’s Grant Park from a Resident Realtor’s Perspective

Let’s start with a neighborhood that I know very well, Grant Park. I moved her in the spring of 2010 without knowing too much about what the area had to offer. I was lucky enough to find a duplex on Cherokee Avenue through a friend, walking distance to about 25 shops, restaurants and other amenities. I had never lived like this…walking to dinner and the park and leaving the car parked once I got home each day from showing property etc. It changed my life and my wife and I just put down firm roots in the nieghborhood by purchasing a home just off of the park itself. Our church is walking distance as is the Grant Park Farmers Market, and we have Zoo Atlanta, tennis courts and a huge swimming pool just out the front door. We know all of our neigbors and have really made a commitment to the neighborhood by joining the Grant Park Neighborhood Association. We love it here and the growth happening before our eyes shows that things continue to trend in a positive direction. First off the Beltline of course. The southeast border of Grant Park is the Beltline itself and we can not wait to bike down the street and hop on the new intown thoroughfare and zip over to the new Krog Street Market and Piedmont Park. It’s really changing the way we look at our work commutes and our options for exercise and traveling from one cool neighborhood to the other. Just a few years ago, the Jane was not even there and now it is home to businesses and...

Real estate for sale in Glenwood Park

Located along Glenwood Avenue in between Grant Park and Moreland Avenue is the mixed-use neighborhood of Glenwood Park. It sits literally right on the Atlanta Beltline which runs down Bill Kennedy Way and connects intown neighborhoods with a paved trail for walking, running and biking. In this small but all inclusive community you have condos, town homes and single family homes all based arounda park and a mini city with shops, restaurants and retail establishments; you never really have to leave Glenwood Park and when the new Fuqua development is built across from Maynard Jackson high school, things will be even more turnkey. One day we might even see the light rail system come to fruition that will provide citizens with quick and efficient transportation on the Beltline that will carry them along a mini 285 inside the perimeter. Real estate is flying off the market in this area for no other reason than proximity to the Beltline, walkability to Grant Park and East Atlanta and a great quality of life where one can live, work and play all in one central location within a couple of miles of Downtown...