In the grand scheme of things, it wasn’t all that long ago that moderately sized, multifamily new construction priced in the $400,000s in eastside BeltLine neighborhoods would have raised eyebrows for being shockingly high-priced.
But nothing, as they say, lasts forever.
On the bright side, another Reynoldstown project is coming into clearer focus that proves intown homebuyers might not need seven-figure jobs or substantial inheritances to actually own property that’s (almost) BeltLine-adjacent.
Like Empire Communities’ Stein Steel development, where prices start in the $300,000s but for 600-square-feet and change, another major intown player, Toll Brothers, is fully under construction on a formerly industrial block where each home will be within maybe a two-minute walk of the popular Eastside Trail. (Within a few blocks of both projects, the BeltLine and Rea Ventures Group have partnered to build a 116-unit apartment complex, now deep into infrastructure work.)
Toll Brothers has titled the 195 Chester Avenue condo project Camber Crossing, and prices will start in the mid-$400,000s when sales open in November, the developer recently announced.
Camber Crossing will consist of 33 condos, all with two bedrooms. Sizes will range between 1,136 and 1,556 square feet in either one or two-story floorplans, according to Toll Brothers.
That’ll also buy nine-foot ceilings, wide-plank hardwood floors, and kitchens described as “gourmet” and cabinetry as “high-end.”
The L-shaped, roughly 2-acre site is a block west of the BeltLine’s Eastside Trail. According to city filings, the national homebuilder with active construction dotted from Midtown to Edgewood and Decatur plans to bring a total of 85 new housing units to the site. Those would be broken down into the row of 33 condo units, along with a separate five-story condo building at the site’s western edge.
We’ve asked Toll Brothers reps for a status update on the larger building—and for details on how high pricing will go at Camber Crossing overall—and we’ll update this story should that come.
Thrive Residential bought the Reynoldstown site three years ago from AT&T; the communications giant had operated a work center there but opted to sell and move operations elsewhere. Toll Brothers then acquired Thrive in 2021 as its push to create more infill communities around Atlanta gained steam.
A one-story warehouse building was previously demolished on site, while the western portion of the property consisted of asphalt surface parking. The property has been rezoned from an industrial land use designation to one that supports high-density residential development, and building permits for land development were issued back in August, per city records.
On a mattress factory property immediately to the west, Cleveland-based NRP Group is planning to build 211 new apartments. Meanwhile, just to the east, developers Metzger & Co. recently presented plans to the neighborhood for a stair-stepped, Z-shaped residential building that would directly front the BeltLine.
• Recent Reynoldstown news, discussion (Urbanize Atlanta)