Listen To This Post
Developer Atlantica Properties has plans for a 46-unit townhome development in Atlanta’s Grove Park neighborhood, according to an application filed with the city earlier this year.
The project, which the application says is meant to promote affordable homeownership, would include homes priced from between $130,000 to $388,000 at a five-acre undeveloped site between North and Detroit Avenues at 480 S. Evelyn Pl. NW.
Initial plans called for 30 units but have since been updated to reflect input from community outreach, according to Atlantica Properties Managing Partner Darion Dunn. The more recent application lays out plans for 13 below-market-rate townhomes, each reserved for households at between 60 percent to 100 percent area median income.
“After extensive public engagement, we revised the site plan to include 46 townhomes to ensure that we provide as many affordable units as possible,” Dunn told What Now Atlanta.
The owner of the project site, which sits between two rows of single-family homes on North and Detroit Avenues, is God’s Acre Baptist Church at Ben Hill, according to planning documents.
Under the application filed with the city, the 13 below-market-rate units would be two-bedroom, 900-square-foot homes with expected prices between $130,000 and $200,000.
Atlantica Properties expects to partner with the Atlanta Land Trust to ensure permanent affordability for the below-market-rate homes and with Invest Atlanta to offer buyers downpayment assistance, it says in its application.
The project would also have 22 market-rate, 1,500-square-foot three-bedrooms with an expected price of about $350,000, as well as 11 market-rate, 2,000-square-foot four-bedrooms with an expected price of about $390,000, plans show.
Dunn said the developer has yet to finalize floor plans but also that the community is likely to feature a mix of two- and three-story townhome buildings. Plans also call for 71 parking spaces on site.
The project is scheduled to go before Atlanta’s Zoning Review Board in May, according to Dunn. It had been scheduled to go before the board in early April.
The developer listed a projected completion date of October 2022 in its filing with the city.