The first new building with for-sale condos to front the BeltLine’s Eastside Trail corridor since the Great Recession could see work begin in coming days.
On a .4-acre site just up the trail from Ponce City Market, situated behind Midtown’s Home Depot, Capital City Real Estate has been working to develop 42 luxury condos in a building called The Roycraft since 2019.
The developer could break ground at 675 Drewry Street as soon as this month, as Atlanta Agent Magazine reports, citing a press release. Capital City reps have yet to respond to inquiries, but we’ll update this story should more details come.
For now, the property includes a single-story, formerly industrial building with live-work space and some retail. The condos will reportedly start delivering in summer 2022.
Roycraft offerings are expected to span between 884 and 1,760 square feet, each with a balcony, offering one-bedrooms up to three-bedrooms and penthouses with roof terraces.
The building’s name nods to Virginia-Highland’s Craftsman-style architecture and the location’s former name, Roy Street.
Listed amenities include a pet spa, bike storage, a two-story club lounge, and remote concierge services. The boutique building lacks a pool, but the 91 Walk Score is certainly commendable.
Two years ago, the six-story condo plans caused a kerfuffle with some Va-Hi neighbors who felt the project clashed with the goals of City of Atlanta’s Comprehensive Development Plan, the Beltline’s Subarea 6 masterplan, and the Virginia-Highland Masterplan.
The city’s Zoning Review Board, however, eventually sided with Capital City.
Prices for the four units listed so far show quite a range: $449,900 for a one-bedroom, one and ½-bathroom unit in 884 square feet; $749,900 (two bedrooms, two bathrooms, 1,306 square feet); $1,029,900 (three bedrooms, two and ½ bathrooms, 1,712 square feet); and $1,089,900 for what logic says is a top-floor unit with a roof terrace (two bedrooms, two and ½ bathrooms, 1,579 square feet).
Thousands of apartments and townhomes have cropped up along the Eastside Trail corridor, but not since the circa-2008 Grinnell Lofts building in Inman Park have for-sale condos taken shape directly on the trail.
Capital City is also building the Airline condos, where prices start in the $300,000s, just off the wildly popular multiuse path in Old Fourth Ward.
• BeltLine-adjacent Amsterdam Walk mulls redevelopment (Urbanize Atlanta)
• The Roycraft (site)