Seasons may change, but one thing’s remained constant in Atlanta’s historic Old Fourth Ward neighborhood for the past decade: It’s changing fast AF. For better or worse.
With spring in bloom and skies cleared of that yellow pollen haze, we took to the air over a key O4W street—Edgewood Avenue, between Boulevard and the BeltLine—for our latest installment of aerial tours over Atlanta.
Uses for developments underway here will run the gamut from hotel rooms to pricey apartments. The one commonality is that each project (save the adaptive-reuse one) is claiming land that was underused before, if not totally vacant.
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Waldo's
We begin with a look toward the west over the Waldo’s Old Fourth Ward project, a mix of hotel rooms, office space, retail, and modern townhomes along Boulevard, just south of Edgewood Avenue. A ceremonial groundbreaking for Waldo's was held on this site back in 2019, and the project has since grappled with delays related to the pandemic, a bizarre wall collapse next door, and rising construction costs.
Now, the first component (119,000-square-foot, six-story office building) is scheduled to deliver in the second quarter of 2024, with the second piece (47-room, nine-story Motto hotel) following in the third quarter next year.
Construction activity at the Waldo's site in April 2023.
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Former Coca-Cola plant
Charlotte-based Asana Partners and its local leasing partner, Capital Real Estate Group, are turning a two-story brick structure at 560 Edgewood Avenue—where Coca-Cola once operated one of its first bottling plants—into a spec creative office project.
Expect 60,000 square feet of Class A loft office space and amenity upgrades across the property, which dates to the 1920s.
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The Indie (now rentals)
Since its groundbreaking in spring 2021, Capital City Real Estate’s 12-story The Indie project has been described as the tallest stack of for-sale condos to pop up near the Atlanta BeltLine yet. But—hold the presses!—online listings indicate the building’s 91 residential units will instead be for rent, beginning next month. (A sister project next door, Flat at the Indie, saw some condos linger on the market for years.)
The Indie also includes 16,000 square feet of retail at its base, situated along Edgewood Avenue, and some office space.
The 13-story building's position between the Eastside Trail and downtown.
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678 Edgewood
Lastly we hover over Columbia Ventures’ 678 Edgewood mixed-use venture (with Portman Holdings' Junction Krog Street in the distance, en route to a July opening), where Edgewood Avenue meets the Eastside Trail.
The 678 Edgewood apartment venture topped out at seven stories in December. East Atlanta’s Emerald City Bagels and fit-boxing gym VESTA have leased BeltLine-fronting retail spaces at the building’s base. Developers have said it’s scheduled to start opening sometime this quarter.
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