Charlotte-based developer takes first steps towards construction of new apartment complex in Old Fourth Ward.
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 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.