One of Atlanta’s most active intown developers has stepped away from plans for a nine-building venture that would have risen near Hapeville’s main drag and the Atlanta airport.
But all indications are the site won’t see tumbleweeds for long.
Charlotte-based Terwilliger Pappas has introduced plans for a five-building, mixed-use project called Solis Hapeville that would rise at 3558 Elm St.
According to plans submitted to Hapeville’s Design Review Committee in late March, Solis Hapeville would see 310 rentals take shape in five wood-framed buildings, each standing three or four stories.
The main structure would include about 8,500 square feet of retail spaces fronting Porsche Avenue, plus a clubroom. Another would see a sky lounge.
The site in question, located at the intersection of Porsche Avenue and Elm Street, consists of 18 different parcels totaling about 9 acres. It’s next door to the world’s busiest airport, Porsche’s expanded North American headquarters, and the south ITP city’s artsy downtown row.
Previously, Mill Creek appeared ready to break ground on the same property for a 300-unit, garden-style venture called Modera Hapeville. Early last year, that project received unanimous approval from the Hapeville Planning Commission for both plat consolidation and site plan.
But according to Phil Carson, Mill Creek’s vice president of development, company officials more recently decided to pull the plug and discontinue the project.
“This decision is attributed to unforeseen delays in the acquisition of a key city-owned land parcel,” Carson wrote via email, “in conjunction with constrained capital market conditions.”
The Solis project, as drawn up by Dynamik Design, would also see two ancillary buildings used as standalone parking garages.
Plans call for 470 parking spaces across the property overall—or 139 more than what Hapeville requires, according to project filings.
The Hapeville project wouldn’t be the first new Solis-branded multifamily venture in the metro.
Terwilliger Pappas is behind another 214-unit Solis project in downtown Gainesville, and the residential component of the Parkside on Dresden development expected to debut in Brookhaven later this year.
In Hapeville, other residential developments recently delivered, or in the pipeline, near downtown include a 285-unit multifamily project called SCP Hapeville, 68 rental townhomes along main-drag North Central Avenue, and a relatively dense single-family enclave called the Stillwood.
Elsewhere, Texas-based D.R. Horton, the country’s largest homebuilder, is planning to build more than 100 townhomes on another 8.3 acres immediately west of the Solis proposal.
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