The $150MM project, slated to break ground this year, will be the pilot for the agency's anti-displacement policy.
The former Herndon Homes site, at 485 John Street NW, later this year will be redeveloped into Herndon Square — a $150 million mixed-use affordable housing project.
The Atlanta Housing Authority Board of Commissioners recently authorized the Atlanta Housing Authority to partner with the team of Hunt and Oakwood Development Group to redevelop the 12.3-acre site.
Once complete, Herndon Square will offer 700 units, 105 of which are designated as 100 percent affordable for seniors. Approximately 40 percent of the remaining 595 units will be designated as "affordable."
"Not only will it be an architecturally distinct, sustainable community, but it will focus on the history of the area while incorporating technology and innovation," according to the project's marketing materials.
"Surrounded by open green spaces, the neighborhood will feature retail centers, as well as an urban format grocery store. Other amenities include fitness areas, outdoor play spaces, and a large community center."
Herndon Square will be built in five phases and is expected to be complete by December 2021.