Fourteen months after developers broke ground, a formerly industrial property once marketed as Reynoldstown’s BeltLine “beachfront” isn’t exactly paradise, but a significant injection of intown housing is clearly starting to emerge.
With projects now dotted across town, Empire Communities beat out some three dozen other developers vying to buy the former Stein Steel factory, a 6.5-acre property near the junction of red-hot BeltLine neighborhoods such as Cabbagetown, Inman Park, and Old Fourth Ward. In June, as rising interest rates were starting to douse Atlanta’s townhome-buying fever in cold water, Empire brought most of the Stein Steel project to market—alongside hundreds of other housing options under construction near unbuilt BeltLine sections.
As the latest installment in our random, aerial tour series of Atlanta development proves, the first rows of those Stein Steel townhomes have risen on land previously occupied by piles of steel, heavy equipment, and gravel lots. Ditto for what promises to be a unique restaurant space.
The former steel plant was a hub of jobs and materials important to Atlanta’s eastside economy for nearly a century. Replacing it, eventually, will be nearly 300 homes ranging from 640 to 1,853 square feet, with between one and three bedrooms, according to Empire. Head up to the gallery for a tour of where things stand—and where they’re headed.
• Recent Reynoldstown news, discussion (Urbanize Atlanta)