By Shandra Hill Smith
With shifting views of homeownership reshaping the housing industry – as pointed out from one report to the next these days – mixed-use communities are gaining some attention from varying age groups and demographics.
Intown living presents a host of such developments, which allow residents the opportunity to live, work and play within reach. And, as countless Atlantans were reminded during January’s winter storm that shut down the city for days, for many, these walkable communities prove an ideal place to call home.
One Intown option is The Atlantic Residences (theatlanticresidences.com). More than 300 high-rise condominiums are available at this community at 270 17th St., that offers one- , two- and three-bedroom penthouses priced from the $180s to $550s. The Atlantic is housed within Atlantic Station, which provides a variety of choices for dining, entertainment, such as a movie theater, and shopping – including a Publix supermarket.
The property includes a pool with Atlanta skyline view, a large clubroom with flat screen televisions and Internet kiosks, doorman, porter and 24-hour concierge services and available smartphone control of your home.
Homeownwers from all walks of life are moving in to The Atlantic, from “young professionals buying their first home to empty nesters wanting to downsize,” according to John Huckaby, regional managing director of ST Residential, which owns The Atlantic. “These buyers appreciate the ease of living afforded by a condo; they also appreciate the luxurious surroundings and the intown location of The Atlantic.”
The Atlantic also includes retail space, which is being marketed by Colliers International. The company reports that it is in talks with a high-end restaurant that would use 7,423 of the 10,382 square feet on the ground floor. Colliers says another 6,915 square feet on the fourth floor would work nicely as space for an art gallery.
Approximately 50 homes – with a price range of $199,900 to $799,900 – are available at White Provision (whiteprovision.com), which attracts a “wide variety of buyers, from young professionals, second-time homeowners and downsizers,” says Leslie Williamson. Williamson is executive vice president of marketing, Coldwell Banker NRT Development Advisors.
Situated at the corner of 14th Street and Howell Mill Road, with convenient access to restaurants and boutiques, White Provision has one-, two- and three-bedroom floor plans. Amenities include: fully-furnished guest suites; dog runs; sixth-floor deck with pool and grilling area; fitness center; on-site management and maintenance; doorman services and 24-hour security.
What’s new? Anthropologie and Yoforia opened in January and Jonathan Adler Enterprises, a decorative home accessories store, is slated to open this spring.
As of February, only one home was available at 10 Terminus Place (terminus-atlanta.com), where the price range for high-rise upscale living reaches $1,495,000.
At the corner of Peachtree and Piedmont roads in the center of Buckhead, the property has world-class amenities to include a state-of-the-art fitness center with weights and cardio equipment and yoga stretching area, massage room, saltwater spa, clubroom with bar, outdoor dining areas, dog walking services and media/game room and concierge. Retail tenants include Emerald Coast Coffee & Grille, The Flying Biscuit Café, Brides by Demetrios, Atlantic Capital Bank and Yogurberry.
Appealing to both young adults and empty nesters is Village Place Brookhaven (vpbrookhaven.com), according to Dillon Baynes, who manages Village Place Brookhaven on behalf of Wrightwood Capital. Located in the Brookhaven area, at 1418 Dresden Dr. in Atlanta, the live-work community is nestled in a five-acre park-like setting. The price range for homes is $200,000 and up. The property features 41 luxury residences, with 15 available as late as mid-February. There also are 11 office condominiums, built above retail and restaurant space in two buildings. Within walking distance to the Brookhaven/Oglethorpe MARTA rail station, Village Place reports great success with its retail portion, with only one retail space remaining as of February.
Two commercial offices are slated to open this month: Eye Haven and State Farm Insurance. Some other tenants include Egg’s Nest, J. Christopher’s, Verde Taqueria, The Library Coffee Company, Yoforia, Pro Cleaners and Natural Body Spa and Shop.
A loft community – transformed from a cotton storage facility (from the early 1900s) – Studioplex (studioplexlofts.com) has lofts from the $120s. Twenty of a total of 130 units – for both residential and commercial use – are available. Studioplex is located in the Old Fourth Ward community, and is on the BeltLine, which will make for easy access to Piedmont Park and other areas by foot or bike.
Other amenities include a rooftop terrace with dramatic skyline views and workout room. New tenants include ABV Gallery, which opened in 2010.
“We are very proud of the mix of homeowners at Studioplex,” says Baynes, also managing partner of Studioplex. “We have been quite successful in attracting a unique mix of homeowners; Gen Yers, baby boomers, as well as retirees, have made the decision to purchase at Studioplex. We attribute that to the quality of our homes and our excellent Intown location.”