Listen To This Post
The hotel, which opened in 1973, received land use approvals earlier this year to convert the vacated 375 room at 450 Capitol Avenue SE into a 249-unit apartment, food hall, co-working space, and other amenities to make the adaptive reuse project a live-work-play community.
Last month, Atlanta-based developer Pellerin Real Estate filed a multifamily conversion construction permit with the City of Atlanta to begin the renovations of converting the former Ramada Plaza Hotel into a micro-unit apartment.
As reported by What Now Atlanta in February, initially, the project included 251 units; 112 would be micro-units; plans call for the remainder to include forty-three studios, eighty-eight one-bedrooms, four two-bedrooms, and four penthouse units. Additionally, Pellerin said it aims to provide much-needed relatively affordable housing while helping reinvigorate the historic Summerhill Neighborhood with new commercial uses.
In plans submitted to the City and prepared by square feet studio, the scope of work now includes some demolition, a new exterior public plaza, new openings and additions to the existing building, new storefronts, new roofs, and new mechanical, electrical, and plumbing systems. The non-residential components of the plans include a daycare, grocery, café, food hall, retail, co-working space, restaurants, and pool renovations. The 179,960 square foot building will consist of 249 units comprising micro-units, studios, one-bedroom, two-bedroom, and corner penthouse apartments.
According to the Pellerin Real Estate website, “PRE’s hardworking group strives to bring essential services to the pockets of Atlanta that have historically been underserved, bringing these populations crucial spaces to live, eat, work, play, and be healthy.” The ten-year-old company has worked on at least 15 projects in Atlanta, including the Beacon Atlanta and EAV Glenwood Redevelopment.