[UPDATE: 12:15 a.m., May 15: An official previously involved with this East Point project says renderings included in property listings and published with an earlier version of this story are no longer relevant to the potential infill development and were not approved by government authorities. Those images and references to earlier designers have been removed by request.]
A unique infill project that’s been in the works for several years across the street from a MARTA station and famed intown TV/film hub could be seeking a new path forward, according to property listings.
Envisioned as a stylish mix of residential and retail space with direct transit access, the project was designed for a .11-acre corner where Womack Avenue meets Main Street. Currently the site houses two standalone homes and two lots.
According to earlier designs presented to the city, potential infill development at the site could stand three and four stories, with some of the top residential levels overlooking MARTA’s Lakewood/Fort McPherson station and the sprawling Terry Perry Studios next door.
The site and project plans came to market last month with Maximum One Realty Greater ATL, asking $924,999 for the land alone. The concept calls for seven townhomes on both sides of a market and tavern-style restaurant with a rooftop lounge. “[It’s] perfect for capturing foot traffic and creating a vibrant community hub,” according to listings.
When the project’s leadership, including owners Annette Coleman and Tiffany Coleman, presented it to East Point’s Downtown Development Authority two years ago, it had begun the permitting process and was expected to be built out over three phases.
But construction has not moved forward.
The 1259 Womack Ave. site in question (bottom) in relation to Lakewood/Fort McPherson MARTA station and Tyler Perry's movie studio complex. Google Maps
The recent listing paints East Point as a hot bet for developers right now, with property values having climbed 25 percent in three years and $1 billion in recent infrastructure and commercial investment in the area.
The location is a “commuter’s dream” and the overall package “an investor’s goldmine,” per Marietta-based Maximum One Realty.
According to listings, the current seller is entertaining best offers right now.
[CORRECTION: 5:40 p.m., May 14: This article has been corrected to reflect the proposal is across the street from the Lakewood/Fort McPherson MARTA station and not MARTA's East Point station.]
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