Hundreds of more apartment units have topped out in a formerly industrial section of Atlanta that’s been unrecognizably transformed as a hot zone for multifamily development over the past decade.
Dallas-based Trammell Crow Residential, one of the nation’s largest homebuilders, is under construction on a project called Alexan Fourth Ward that's consumed one of the last developable parcels bordering the neighborhood’s marquee greenspace, Historic Fourth Ward Park.
The six-story building will house 320 units on 2.9 acres at 652 Angier Avenue, according to building permits. It’s situated along the western edge of Historic Fourth Ward Park, near the main playground space, where Trammell Crow razed five commercial buildings and warehouses last year.
Plans also call for enough retail space—roughly 1,900 square feet—for a coffee shop or small restaurant facing the park’s playground area, next to Alexan’s leasing office and a lobby/fitness space.
Building permit records indicate a corner parcel of the lot owned by Atlanta’s Department of Parks and Recreation will be developed as public parkland, facing the current park at the northeast corner of the site.
The Rule Joy Trammell + Rubio-designed Alexan apartments have risen just north of AMLI Parkside, joining well over 1,000 new rentals that have emerged in blocks around the park since it began opening 11 years ago.
We’ve asked Trammell Crow Residential reps for an update on the building’s delivery and how many units are planned to be reserved as affordable housing, as BeltLine inclusionary zoning rules dictate, and we’ll post any additional details that come. [UPDATE, 10:42 p.m., Sept. 6: According to a project official, 10 percent of Alexan Fourth Ward apartments are being reserved as affordable housing at 60 percent AMI, with first units expected to deliver in March.]
Directly across Historic Fourth Ward Park, controversial plans for a 12-story condo building were nixed in favor of three, six-story townhomes expected to be priced in the $2-million range each, officials told Urbanize in early 2021. That townhome project, however, hasn’t taken off either.
Making more progress is New City Properties’ multifaceted Fourth Ward project along the eastern rim of the park’s pond, where 359 rentals are expected to open in a new 18-story, stair-stepped building in April.
The company is also behind Alexan EAV, Alexan Buckhead Village, Alexan on 8th in Midtown, among other rental hubs.
Local projects Alexan on Krog, Alexan Glenwood, Alexan Eight West, Alexan Vinings, and Alexan 1133 in Decatur, among others, have all been sold to other companies.
• Recent Old Fourth Ward news, discussion (Urbanize Atlanta)