Following construction delays, the most centralized apartments in East Atlanta Village should be open for renters within a few weeks, continuing a densification trend in the funky retail district.
That’s the word this week from Pellerin Real Estate. The developer best known for Grant Park’s The Beacon is applying finishing touches to a mixed-use infill project called The Marbut in EAV.
With its curved façade suggesting throwback Art Moderne designs, the three-story project fills a void along Glenwood Avenue, one door down from Holy Taco. The 25,600-square-foot structure has 6,000 square feet dedicated to ground-floor commercial spaces, topped by 21 one-bedroom apartments on the second and third floors.
Courtesy of Pellerin Real Estate
The company’s principal, Philippe Pellerin, tells Urbanize Atlanta the building is expected to be granted a certificate of occupancy in July, which would allow for move-ins in August. Pellerin says he expects to announce tenants for the retail portion soon.
Monthly rents for the apartments will start in the $1,500 range and climb to about $2,200 for the largest units, Pellerin says.
Pellerin acquired the parking lot site in 2019 and broke ground in November 2020. Earlier projections called for finishing the project last year.
“Like all things since COVID started,” Pellerin wrote via email, “it takes a long time to build in this environment.”
A peek inside one of 21 apartments in The Marbut building this week. Courtesy of Pellerin Real Estate
In recent years, a groundswell of townhomes in the village—about 75 are under construction or have recently delivered—has added housing where surface parking, grassy lots, or low-rise commercial once stood.
The Marbut marks Pellerin’s fifth project within a few blocks along the avenue, including the new Southern Feedstore food hall that plans to introduce six new concepts where the Graveyard Tavern operated for years.
Other Pellerin projects in EAV include three revitalized storefronts on Glenwood Avenue for OxFit gym, OxWork business club, and a fusion coffee shop concept by The Victorian plant purveyor and Bellwood Coffee.
The company is also drafting plans for another infill venture nearby: a four-story, mixed-use building that would neighbor Argosy restaurant and bar.
Other recent EAV commercial activity includes the debut last year of Hippin Hops Brewery and Oyster Bar, which opened its first location in a vacant former pharmacy space next to The Marbut.
How the 25,600-square-foot structure, with 6,000 square feet dedicated to commercial spaces, now fronts Glenwood Avenue sidewalks. Josh Green/Urbanize Atlanta
The Marbut takes its name from the Flat Shoals Avenue brick building on the corner, which was originally constructed by the Marbut & Minor General Mercantile Store. Plans call for eventually renaming that early 20th century building—currently home to a Truist Bank branch—“The Minor” and renovating it in a way that retains its historic character.
Pellerin has previously said the bank will remain in the corner building until at least 2023.
In the above gallery, find a closer look at The Marbut project and its context in the village.
• Recent East Atlanta news, discussion (Urbanize Atlanta)
