Images: How townhome project off Beltline from $210Ks is turning out

On a formerly vacant corner near the Atlanta Beltline corridor, a unique pocket neighborhood is rounding into shape with prices and financing options aimed at opening the door to homeownership, per project officials. 

Arizona-based Culdesac Inc., a firm known for innovative approaches to infill communities, is leading development of 1121 Allene. The boutique townhome venture calls for 19 modern-style units in Oakland City, situated less than a block from the Beltline’s Westside Trail, or what will soon officially be called the Southwest Trail. 

Rob Maloney, Culdesac’s business operations and marketing lead, says 1121 Allene is on pace to be finished in August—and that new down-payment assistance options are also on the table for pre-sales.  

1121 Allene will offer two and three-bedroom townhomes (in either two or three stories), with potential for live-work modifications. The site plan calls for all of them to be set around a central parklet, and each home will also have a small backyard area. 

Current prices at 1121 Allene start at $213,560. That buys a two-bedroom, one-bathroom unit in 648 square feet, spread across two stories. 

The priciest three-story offering to date—unit No. 2—has three bedrooms and two bathrooms in 960 square feet for $301,860. 

According to Maloney, 1121 Allene buyers can qualify for up to $45,000 total in down-payment assistance.

How so? Programs being offered now include Invest Atlanta’s ATLHomeNow (up to $20,000), Atlanta Housing DPA (up to $25,000), and Georgia Dream (up to $12,500 for community members such as teachers, nurses, firefighters, and military veterans), per Maloney. 

Huntington Bank is offering up to $5,500 in closing cost assistance for qualified buyers, while several lenders are dangling 100 percent financing. 

“Programs can be combined depending on the buyer’s situation,” Maloney wrote to Urbanize Atlanta via email. 

The townhomes are targeting “everyday buyers” who must earn between 80 and 120 percent of the Area Median Income, project officials have said. 

For a family of four, for instance, that’s a max of $137,000 per year. 

The corner property in question was once home to a one-story brick building but had been a vacant lot for years. 

Across the street is Trees Atlanta’s leafy new headquarters and 20-acre Murphy Crossing, a historical site owned by the Beltline where Culdesac was previously set to head redevelopment until disagreements with Beltline leadership squashed plans last year. 

1121 Allene’s development team—Culdesac and Atlanta-based Urban Oasis Development, Praxis3 (architect), Flippo Civil Design (engineers), Fortas Homes (builder), Servis 1st Bank, and Invest Atlanta—is also behind 1070 Dill, a sister townhome project about a mile away. Prices at the latter project now start at $190,000 for one-bedroom, two-story units. 

Both Culdesac communities are being marketed as having modern finishes and walkability/bikeability to local restaurants, the Beltline, and MARTA. 

Beyond the Culdesac neighborhoods, construction is fully underway in nearby blocks on the 840 Woodrow project, which calls for more than 300 apartments and rental townhomes spread across 7 acres and several blocks. The adaptive-reuse Oakland Exchange project is also now under construction.

Elsewhere nearby, Beltline officials recently detailed new plans for Murphy Crossing’s redevelopment and the Oakland + Murphy Connector Trail. The latter project, a 1.3-mile multi-use link between the Beltline and a MARTA station, could break ground as soon as late this year. 

Find more context and a deeper dive into Culdesac’s plans for 1121 Allene in the gallery above.  

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