Real Estate Briefs: Affordable housing, new townhomes, more apartments

Columbia Residential has reopened the Tenth & Juniper high-rise in Midtown as affordable housing. The Atlanta Housing Authority engaged developer Columbia Residential as manager and developer of the Tenth & Juniper project to preserve and renovate the building in 2015. Tenth & Juniper, which was built in 1974, was rehabilitated into 149 loft-style apartments to serve low-income seniors and persons with disabilities. Thirty apartments have been reserved for residents earning 50 percent of area median household income, and 119 units will be reserved for residents earning 60 percent of area median household income.

A rendering of Pratt Stacks in Grant Park. 

The Providence Group of Georgia has announced a new townhome community Grant Park. Pratt Stacks will feature luxury townhomes priced in the $390,000s. Comprised of 16 buildings, the four-stories of stacked townhomes will feature open concept and flexible spaces just steps from the Atlanta BeltLine’s Southside Trail. For more information, visit
theprovidencegroup.com/pratt-stacks.

Cushman & Wakefield has secured $37.8 million in construction financing for a new 271-unit apartment community, Vue at the Quarter, to be developed at 2048 Bolton Drive on the Westside. The project will have 359,000 rentable square feet, and will include five four- and five-story buildings. Completion is slated for May 2020.

Progress is underway on a new condominium project on Airline Street in the Old Fourth Ward, just a block away from the Atlanta Beltline. Designed by Atlanta-based TSW, the 29-unit complex will be developed by Washington-based Capital City Real Estate in partnership with Historic District Development Corporation, a local non-profit focused on revitalizing the area around the King Historic District. The condominiums will be built by Capital City Construction and marketed by City Haus and should be completed in summer 2019. Units will range from 640-1,400 square feet and will be priced from $300,000-$600,000+. Amenities will include a rooftop gathering space with a firepit, outdoor kitchen and commanding views of the Atlanta skyline, a pet washing area and bicycle storage.

The Huntley in Buckhead.

The Huntley, a new apartment tower from Wood Partners, is nearly complete in Buckhead. The 23-story building next door to Phipps Plaza has 260 one-, two-, and three-bedroom apartments will have rents ranging from $2,000 to $5,0000 with penthouse prices expected to be around $10,000, according to a report at Curbed Atlanta.

Harry Norman, Realtors has announced an exclusive affiliation with Mayfair International Realty, an international luxury real estate firm based in London. As an affiliate, Harry Norman will have increased reach into the international real estate market through print and digital advertising and direct contact through their London office. Harry Norman has also launched a Luxury Leasing Division to assist film and entertainment talent and business executives with their short and long-term luxury leasing needs. For more information, visit harrynorman.com/luxurylease.

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