NID Home Solutions LLC hopes to break ground in the late summer on a 23-unit townhome project in Southwest Atlanta’s Pomona Park neighborhood, NID Home Solutions Development Manager Craig Dixon tells What Now Atlanta.
After securing approvals to build the project’s first 13 or so units in late 2018, the developer received a green light for another 10 on Thursday, when Atlanta’s Zoning Review Board approved an ordinance to rezone the rest of the roughly 1-acre project site, which is just west of the intersection of Stanton Road and Lake Avenue.
“At the end, we’ll have about 23 units of modernly built townhomes at a reasonable price point which you would normally get in another area,” Dixon said. “And if all goes well, we’ll break ground hopefully late summer.”
As of today, the average price for the homes, which will have 3-bed, 3.5-bathroom floor plans, would range from the low to mid $300,000s, according to Dixon. Plans call for three-level homes of around 1,750 square feet with one-car garages and driveways.
Dixon said NID is definitely targeting millennials with the project but that it also expects interest from empty nesters and other groups, comparing the modern style of the homes to the type of product you’re even more likely to see in Old Fourth Ward or Mechanicsville, for example.
“The vision for this development has always been to attract first time home buyers such as millennials and/or seasoned home owners looking to downsize without having to worry about all the maintenance that comes along with home ownership,” a development plan for the project reads.
The project will front both the north and south sides of Lake Avenue along Stanton Road. NID’s second-phase rezoning request was for land just north of Lake Avenue at 1787 Stanton Rd., while its initial approvals were for rezoning 1728 and 1745 Lake Avenue.