Summerhill’s tsunami of infill housing on formerly vacant lots continues.
The latest townhome project to come to market in the historic community south of downtown Atlanta now has an official name—"The Towns on Fraser"—and pricing higher than initially expected, as labor and material costs have spiked and the intown housing market has heated to the point of sizzling.
The Fraser Street venture, as designed by TSW architects and built by Cablik Enterprises, has managed to create six townhomes on a sloping, .19-acre site in the shadow of Georgia State University’s football stadium, the Braves’ former Turner Field.
The project is finishing construction roughly two blocks from Georgia Avenue, where a flurry of restaurants and retail has been established as part of Carter’s 80-acre redevelopment of the formerly moribund commercial district.
All six townhomes stand four stories, including roof decks spanning the length of buildings, with two bedrooms, two and ½ bathrooms, and one-car garages.
The cheapest unit listed so far is priced at $489,900, with a pending contract. That buys 1,218 square feet set back from the street.
A slightly larger end unit with 1,124 square feet and what’s described as a “private front yard” has come to market this week for $20,000 more, as listed with Bolst.
With interiors by Carl Mattison Design, the project is marketed as being thoughtfully designed with oversized windows for natural light, chef’s kitchens, walk-in pantries, and owner’s bedrooms with spa-inspired bathrooms.
When the project was initially floated, plans called for smaller townhomes to start in the $300,000s; but as with other boutique projects around the city, the market has prompted significant price adjustments. The parcel alone was purchased in 2017 for $105,000, property records show.
In blocks surrounding Center Parc Stadium, roughly 1,200 apartments and townhomes have opened—or are under construction now—since the Braves decamped for Cobb County.
Ongoing projects include the next phase of 100 townhomes by Hedgewood Homes, part of Carter's broader Summerhill development (currently priced from $504,000); a 30-townhome project by Empire Communities called Lovetree (from the $420,000s); and a 325-unit apartment complex, Alexan Summerhill, by Trammel Crow Residential.
Take a closer look at Summerhill’s newest townhome batch—expected to be finished and open sometime this summer—in the gallery above.
• Recent Summerhill news, discussion (Urbanize Atlanta)