A 1930s building where Oakhurst meets Kirkwood is set for a transformation that wouldn’t be out of place in Castleberry Hill or the denser corridors of Inman Park.
Thrive Residential is converting the 108 Park Place building—most recently an AT&T training center—into 34 condos at the doorstep of MARTA’s East Lake Station.
Oakhurst Village is a few blocks in the other direction, and College Avenue’s retail and restaurant offerings are also nearby.
The structure once functioned as a Southern Bell telephone company switchboard facility. As a boutique condo property it’ll be called 108 Park, according to Thrive’s promotional website.
Seventeen different floorplans are in the works, and each condo will have either 14 or 15-foot lofted ceilings. Oversized windows, wide-plank flooring, and handcrafted millwork will also be featured, aiming for “a stunning blend of modern design and authentic characteristics,” per Thrive.
Condo options will range in size from a 504-square-foot studio called the Meade plan, to a 1,364-square-foot flat dubbed the East Lake, a one-bedroom plus den with two bathrooms. Mezzanine levels are planned for some units.
Prices will start in the $400,000s for one-bedrooms and climb into the $500,000s for larger options, as Atlanta Agent Magazine reports. However, as Decaturish relayed in February, three units in the building are being reserved as more affordable housing options, according to the City of Decatur.
Thrive, which was acquired by national homebuilder Toll Brothers a year ago, is moving forward with infill housing partnerhip ventures across the eastside, from Morningside to Edgewood and East Atlanta.
In Oakhurst, records show the building sold for $4.34 million in January 2020. No timeline for the delivery of condos has been specified.
UPDATE: April 8, 10:29 a.m. Studio units at Park 108 are expected to be priced in the low $300,000s, and the project should be finished sometime this fall, per the marketing team.
More broadly speaking, the project is another sign—alongside boutique condo options coming together in Kirkwood, Old Fourth Ward, and Druid Hills, for example—that new communities of for-sale flats are continuing to make a comeback intown.
• From a church parking lot, this Oakhurst housing node is almost finished (Urbanize Atlanta)