Plans for the first high-rise component on Ponce City Market’s landmark property are coming into clearer focus.
Officials with Jamestown Properties, which launched efforts earlier this year to greatly expand mixed-use offerings around the Old Fourth Ward destination, say leasing will begin in the first quarter of 2023 at Signal House, a 21-story apartment tower that lords over the BeltLine’s Eastside Trail.
The 162-unit building is scheduled to be complete sometime in the third quarter of next year, with living options from one to three bedrooms geared toward active adults and the 55-plus crowd who appreciate proximity to PCM and the BeltLine’s most popular segment, officials announced today.
Signal House’s “digitally integrated living experience” means residents will be able to book everything from plant watering, massages, food delivery, dry cleaning, and housekeeping via a property app.
We’ve asked project reps what the range of Signal House rents will be—if that’s been determined—and we’ll post any additional information that comes. (Any guesses?)
[UPDATE: 11:34 p.m., Dec. 12: We're informed no details on rent prices are available to share at this time.]
Officials have said 16 apartments will be set aside for residents making 60 percent of the area median income, or roughly $52,000 for a family of four. Another eight would rent for 120 percent of AMI.
Other Signal House perks will include an onsite lifestyle director, a daytime concierge, an outdoor fitness space for group classes, and a pool terrace with a “shaded grotto lounge” and outdoor shower, among other amenities.
Up top will be a rooftop terrace with community garden plots, grilling sections, and spaces for lounging and dining, as illustrated in new renderings.
At its base, Signal House will include 3,300 square feet of retail along the BeltLine, near the covered Shed events and hangout space.
On the flipside of the former Sears, Roebuck and Co. distribution center, Jamestown is also building a four-story mass timber loft office building called 619 Ponce, in additional to another 21-story, flexible-stay hospitality tower with 405 furnished units.
Jamestown says PCM is currently home to 90 businesses, and the new development pieces are expected to add another 550 long-term jobs to the campus.
Plans ultimately call for nearly 6,000 people to work on site, alongside more than 800 residences.
• Old Fourth Ward news, discussion (Urbanize Atlanta)