Affordable-housing redevelopment that will bring 88 residential units to Old Fourth Ward is underway.
Wingate Multifamily, an affiliate of Wingate Companies, has kicked off demolition efforts for the “Boulevard North” project, Urbanize Atlanta reports. This is the company’s fourth phase of redevelopment efforts along the corridor.
Four two-story buildings that previously stood along Boulevard will be replaced as part of the “City Lights” masterplan for the area. In total, the City Lights plan will consist of approximately 700 more units of affordable and market-rate housing along the corridor, according to the news outlet.
The site of this particular phase spans from 579 Boulevard to 495 Boulevard Place, adjacent to an Amoco gas station and the 555 Boulevard apartment complex and across from the back of The Darwin hotel. It will include laundry facilities, a fitness center, a private courtyard and after-school programs.
The new building will be for families that previously resided in Bedford Pines. The units will be attainable for families earning 60% or less AMI.
Invest Atlanta approved a $40 million lease purchase bond for the project in 2022, according to Urbanize Atlanta.
Construction is expected to be complete in July 2025.
Wingate Communities is a property management, development and investment company based in Newton, Massachusetts.
