Eight-Story Old Fourth Ward Multifamily Project Planned

The development would rise just west of the BeltLine overpass across Ralph McGill Boulevard
791 Ralph McGill Site
Photo: Google Maps | A shot of 791 Ralph McGill Blvd., where plans call for a 24-unit multifamily development.

A developer has plans to build an eight-story, 24-unit multifamily project near the Atlanta BeltLine Eastside Trail overpass over Ralph McGill Boulevard in Old Fourth Ward, according to a rezoning application filed late last month.

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The applicant and owner behind the proposed project is Modern 4 LLC, a company state business filings show was formed by Alan Cablik, founder of Atlanta-based developer Cablik Enterprises. Cablik is working with Choate + Hertlein Architects on the project design, according to application documents.

Plans call for a 28,700-square-foot boutique multifamily development at a roughly 7,500-square-foot vacant lot at 791 Ralph McGill Blvd. The project would hold 18 870-square-foot one-bedrooms and six 1,200-square-foot two-bedrooms over two levels of parking, plans show.

The developer would set aside four units for households at 80 percent of area median income at projected rents of $1,293 for one-bedroom units and $1,552 for two-bedroom units.

The expected market-rate rents for the other 18 units are listed as $2,000 and $3,000, respectively.

The project would also rise just south across Ralph McGill Boulevard from where New City Properties is underway on a $750 million mixed-use project. That project will feature more than 1,000 units along with a mix of commercial uses.

Modern 4 LLC acquired its project site in July for $400,000, according to Fulton County property records.

The expected completion date for the Ralph McGill Boulevard development is listed as the second quarter of 2024.

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.

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