Woodfield Acquisitions LLC has submitted plans to the City of Atlanta for a 7.02-acre assemblage of land at 840 Woodrow Street S.W. The proposed plans require a rezoning from the I-1-C (Light Industrial District – Conditional) to the MR-4A (Multi-Family Residential District) classification to construct a multi-family development.
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Neighborhood Planning Unit X will be reviewing the rezoning request on February 14, 2022, and will likely be placed on the February agenda for review by the NPU S. The Zoning Review Board will hold a public hearing on March 3 or 10, 2022.
According to application documents, the property is located in the Oakland City neighborhood adjacent to the proposed Murphy’s Crossing redevelopment led by the Atlanta BeltLine. Currently, this parcel is inhabited with two small structures.
The property is proposed to be redeveloped into approximately 300 flats and 25 townhomes. The project is currently proposed as all rental and will comply with inclusionary zoning in which 15% of all units by bedroom type will be affordable at 80% of the Area Median Income. The currently proposed mix is 7.3% studios, 57% 1 bedrooms, 28% 2 bedrooms, and 7.7% 3-bedroom townhome units. The anticipated monthly rent per unit ranges from $1,425 to $3,100. The project will feature amenities, including a pool, gym, and clubhouse. According to the submitted development impact document, the project will be seeking to enter into the Georgia Brownfield program, which will require a Corrective Action Plan due to the recognized environmental conditions on the property.
The applicant has stated that approval of the rezoning is appropriate because the higher density development is compatible with the Atlanta Beltline Master Plan/Subarea 2 and the Comprehensive Development Plan. Additionally, other design requirements of the BeltLine and the City of Atlanta and the desire to create more diverse residential uses and pedestrian connections between the site and the BeltLine Corridor and Murphy’s Crossing would insinuate that the I-Mix zoning district is not compatible with the site. Neither the market nor the site’s geography or topography supports a mixed industrial use.
The anticipated completion of the project is in 2024.