A mixed-use project that’s meant to serve as a prominent piece of downtown Hapeville’s eastern gateway has succeeded in claiming nearly a full city block.
Called Signal, the South City Partners development is bringing together apartments, townhomes, and commercial space on a site that had been home to a comedy club and events center, surrounded by a moat of surface parking.
It’s all taking shape across from the Atlanta airport and Porsche’s recently expanded North American headquarters complex, about eight miles south of downtown, marking another investment by developers angling to capitalize on Hapeville’s location and relatively inexpensive land.
Since its inception, South City Partners—the Atlanta-based developer behind Inman Quarter and Midtown’s Centergy student housing tower, among other projects—has said Signal will function to expand downtown Hapeville’s walkability and village-like feel.
After breaking ground in summer 2021, the first component to open is a 285-unit apartment community on a corner of Hapeville’s version of Main Street, North Central Avenue, where leasing began last fall. Amenities include a “sky lounge” for watching jets take off and land.
According to Signal’s website, the apartment property’s smallest one-bedroom flats (623 square feet) carry rents of around $1,500 monthly.
Meanwhile, the largest two-bedroom offerings (1,277 square feet) are renting for about $2,400 right now.
Elsewhere around the 8-acre site, developers have said about 25 townhomes and 5,000 square feet of retail space is coming. Rentals will be spread across seven buildings, topping out at four stories.
Beyond the Porsche HQ, Hapeville has scored several buzzy openings in recent years, including a theater renovation, an expanded Corner Tavern (temporarily closed after a fire), and the opening of craft beer brewery Arches, alongside several eclectic eateries.
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