Developer Seeks Rezoning In Edgewood For Almost 700 Units

Plans call for a mix of apartments, stacked flats, and townhomes
Thrive Residential 285 Mayson Project Site
Photo: Google Maps | A look at the 13-acre project site for Thrive Residential's approximately 700-unit plans in Edgewood.

An Eastside Atlanta neighborhood planning unit Thursday evening will review a rezoning request for a nearly 700-unit development in the Edgewood neighborhood, its agenda shows.

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Behind the project, which is proposed for a 13-acre site mostly bounded by Mayson Avenue to the west, MARTA tracks to the north, and La France Street to the south, is Thrive Residential, a developer acquired by national homebuilder Toll Brothers around this time last year. The site currently holds an approximately 170,000-square-foot warehouse building owned by SFC Global Supply Chain, which application materials indicate is moving operations to another state.

Though the rezoning request from industrial to mixed-use planned development would pave the way for up to 725 units, Thrive outlines plans for 689 units in a mix of apartments, multifamily stacked flats, and townhomes, according to planning documents.

On the for-rent side, plans call for 414 units consisting of 248 one-bedrooms, 145 two-bedrooms, and 21 three-bedrooms of average sizes of 775 square feet, 1,150 square feet, and 1,650 square feet, respectively. Monthly rents for the apartments, which plans show would rise adjacent to Mayson Avenue, are expected to average $1,650 for the ones, $2,400 for the twos, and $3,300 for the threes.

Plans for the central and eastern portions of the site call for 275 for-sale homes, with 35 one-bedrooms, 135 two-bedrooms, and 105 three- and four-bedrooms, with average sizes of 600 square feet, 1,200 square feet, and 1,800 square feet, respectively. The developer expects prices to average $200,000 for the one-bedrooms, $390,000 for the two-bedrooms, and $450,000 to $575,000 for the three- and four-bedrooms.

About a quarter-mile from the Edgewood-Candler Park MARTA station, the project would also ultimately provide 725 on-site parking spaces, 146 on-street spaces, and 34 spaces for 10,000 square feet of on-site retail.

Focusing on the Atlanta and Nashville markets, Thrive Residential also has plans for a 111-unit project in the Kirkwood neighborhood. It expects its Edgewood project to be completed in December 2023, according to its application filing.

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Site Plan: Official
Dean Boerner

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.
Dean Boerner

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.

2 Responses

  1. When things return to the new normal those underpass are going to be bottlenecks! Add that that much more traffic on Dekalb Av is going to be stupid given its total abandonment by the planning, and maintenence dept of I would guess the state….,again. No don’t give them the capital street till they get their roads and routes in line with what they should be!

    1. I thought the city was responsible for Dekalb.
      Weren’t they the ones that had those fancy plans to get rid of the center lane, make much needed repairs, and add protected bike lanes?
      I totally agree with you about the amount of cars that will be trying to use the underpasses.

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