UPDATE (December 5, 2017): Crescent Communities’ Old Fourth Ward Project To Be Called ‘Novel O4W’
Permits have been filed to begin construction on Crescent O4W, a new development from Charlotte-based Crescent Communities.
The apartment community was first announced in January.
The project, at 525 North Avenue, includes a five-story residential apartment building with 240 units and 9,000 square feet of street-level commercial space.
Crescent O4W is Crescent’s second multi-family housing development this year announced in Atlanta. The first, Crescent Perimeter, expects to begin leasing units in late 2018.
Crescent is also the developer behind Berkshire Terminus, an apartment complex near the corner of Piedmont and Peachtree Roads in Buckhead. Berkshire Terminus was formerly called Crescent Terminus.
Representatives did not immediately respond to What Now Atlanta’s requests for comment.
3 Responses
No, no, don’t demolish the bungalow!
Build baby build. We have such a long way to go but it’s nice to see the city finally densifying a little bit. I hope to see more infill projects like this in the neighborhood
Seven affordable units??? Out of 44?? Typical. Making a decent (still low) state salary as as a lifelong Atlanta resident would barely let me afford the affordable units, if priced at $1208, which will probably be even higher when this is finished. No wonder we (and the rest of the this gd country) has such a homeless problem.