Murphy Triangle, a mixed-use development project in Oakland City, is moving forward with its plans to restore the Historic Cut Rate Box Buildings. The project is scheduled to be reviewed by NPU-S today, August 19th, for its rezoning request from Light Industrial to Industrial Mixed Use to allow for the construction of 108 new townhomes as well as 156 apartments within the existing industrial buildings. The project is also requesting an amendment to the Comprehensive Development Plan to re-designate the property to Mixed Use Medium Density Land Use, which will be reviewed by NPU-S today and will go before Atlanta City Council on September 27th, 2021.
As previously reported by What Now Atlanta, the project has evolved significantly since it was first introduced as an all-office and surface parking lot plan by Urban Realty Partners Development in 2019. As a result of COVID, the developers performed an about-face on their office plans as the demand for such space tanked during the pandemic.
The rezoning application now calls for 221 market-rate units and 43 affordable units, including both townhomes and apartments. The townhomes would be a mix of one- to three- bedroom units, and would cost $1,294 to $1,793 for an affordable unit and $1,400 to $2,500 for a market rate unit. The apartments would transform the existing industrial building into a mix of studio, one- and two-bed room apartments, and would cost $1,208 to $1,552 for an affordable unit and $1,208 to $1,900 for a market rate unit. In addition to the residential uses, the rezoning application specifies that there will be 26,960SF of retail or office space provided within the Cut Rate Buildings.
The project is located on a triangular site in the Oakland City, between Murphy Avenue SW, Sylvan Road SW and Avon Avenue SW to the south. The site will be bisected by a BeltLine Spur that will directly connect the development to the Atlanta BeltLine Westside Trail. the project would be the first major redevelopment in the largely industrial corner of Oakland City, however it reflects similar development patterns along the BeltLine Westside Trail.
The Site Plan depicts townhomes spread throughout the site, but concentrated on the south section of the property clustered around the BeltLine spur. Many of the units are trail-oriented, with porches facing the trail itself. The area around and between the Cut Rate Buildings would become a semi-public plaza which would extend from the BeltLine spur Right-of-Way. The rest of the property would be surface parking, with a large portion of the 250 parking spaces located in northern section of the property. The project would also include 25 indoor bike parking spaces and 4 outdoor racks.
The project designers are Atlanta-based Kronberg Wall Architects on behalf of the developers, Urban Realty Partners and their investment partners RAF Capital.