84-Unit Affordable Southside Park Apartments Planned Along Jonesboro Road

The project would bring a mix of units aimed for households at between 60 percent and 80 percent of area median income
Southside Park Apartments Rendering
Rendering: Official
Listen To This Post

Atlanta-based private equity investment firm Grind Capital Group has plans to develop an 84-unit affordable housing project in the Blair Villa/Poole Creek neighborhood at 3393 Jonesboro Road SE, according to plans filed with the city earlier this spring.

Sign up now to get our Daily Breaking News Alerts

  • This field is for validation purposes and should be left unchanged.
Opt out at anytime

In an application to rezone the roughly 3-acre site, which currently only holds billboard signage, the developer requests a change from R-4 (single-family residential) to MR-3 (multifamily residential). The plans are scheduled to go before Neighborhood Planning Unit – Z Monday evening.

The project site is owned by Donald H. Murphy, according to the rezoning application on file with the city.

Project plans call for two three-story, garden-style apartment buildings with a mix of 48 studios, 12 one-bedrooms, and 24 two-bedrooms. Each of the units would be workforce housing targeting households between 60 percent and 80 percent of area median income, according to Grind Capital Group CEO Justin Golshir. Below-market-rate rents for the 439-square-foot studios are listed in planning documents at an expected rate of $679, while those for the 653-square-foot ones and 873-square-foot twos are expected at $849 and $1,089, respectively, plans show.

The developer lists an expected completion of Q4 2022 for the project, which it names Southside Park Apartments in planning documents.

The development would rise just across Jonesboro Road from the Atlanta Southside Sports Complex, within five miles northeast of the Hartsfield-Jackson Atlanta International Airport. The project site also borders plans to the south for a logistics center at 3435 Jonesboro Rd.

According to its website, Grind Capital Group specializes in investments in businesses as well as real estate development.

Southside Park Apartments Site
  • Facebook
  • Twitter
  • LinkedIn
  • Gmail
Photo: Google Maps | A shot of 3393 Jonesboro Rd. SE, where Grind Capital Group has submitted rezoning plans to pave the way for an 84-unit affordable housing project
  • Facebook
  • Twitter
  • LinkedIn
  • Gmail
Site Plan: Official

Dean Boerner

Dean Boerner is a California-based writer previously with Bisnow and the San Francisco Business Times. He received his bachelor's degree in economics and business from Saint Mary's College of California, where he also served as the editor-in-chief of The Collegian, the school's campus newspaper. Before that, he spent two years as the publication's sports editor, and he remains a committed fan, for better or worse, of his Sacramento Kings, San Francisco Giants, and Saint Mary's Gaels.

Leave a comment

Your email address will not be published. Required fields are marked *

Related Posts



Login to manage your profile and comments


Register now to manage your profile and comments. 
The information provided will only be used to create and manage your comments.