No building with for-sale condos has come together directly on the BeltLine’s Eastside Trail since the Great Recession, but that’s clearly starting to change.
Just up the trail from Ponce City Market, on a lot behind Midtown’s Home Depot, Capital City Real Estate has been working to develop 42 luxury condos in a building called The Roycraft for nearly three years.
Ground finally broke last spring, and the .4-acre site has been razed down to a blank slate now. The property included a single-story, formerly industrial building with live-work space and some retail.
Thousands of apartments and townhomes have cropped up along the Eastside Trail corridor, but not since the circa-2008 Grinnell Lofts building in Inman Park have for-sale condos taken shape directly on the trail. Capital City is at the forefront of efforts to change that.
At the Roycraft, the building’s name nods to Virginia-Highland’s Craftsman-style architecture and the location’s former name, Roy Street.
Roof terraces over the BeltLine's Eastside Trail. The Roycraft, courtesy of Capital City Real Estate; designs by Smith Dalia Architects
The cheapest options—539-square-foot studio units price at $329,900—have already sold.
Ditto for the priciest unit of the bunch: a two-story penthouse with three bedrooms in 1,780 square feet, listed for $1.22 million, according to Roycraft marketing materials.
Prices for remaining units show quite a range, starting from $429,900 for a one-bedroom, one and ½-bathroom condo in 884 square feet.
The most expensive unclaimed option seeks $1.1 million for what’s actually a two-bedroom but has a full roof terrace on a separate story, and 1,579 square feet. (Monthly HOA fees: $656).
A sample Roycraft kitchen design. The Roycraft, courtesy of Capital City Real Estate; designs by Smith Dalia Architects
Listed amenities include a pet spa, bike storage, a two-story club lounge, and remote concierge services. Like many boutique buildings, the Roycraft will lack a pool, but the location’s 91 Walk Score could help atone.
In early 2019, Roycraft's six-story plans caused a kerfuffle with some Va-Hi neighbors who felt the project clashed with the goals of City of Atlanta’s Comprehensive Development Plan, the Beltline’s Subarea 6 masterplan, and the Virginia-Highland Masterplan.
The city’s Zoning Review Board, however, clearly sided with Capital City in the end.
North-facing balconies, toward Piedmont Park. The Roycraft, courtesy of Capital City Real Estate; designs by Smith Dalia Architects
Capital City has said the Roycraft condos could start delivering next year.
Bullish on the BeltLine, the Washington D.C.-based developer has also built the Flats at the Indie condo complex, situated just off the trail in Old Fourth Ward.
Next door to that project, Capital City is building a 12-story venture called The Indie where the BeltLine meets Edgewood Avenue. Development heads previously told Urbanize Atlanta those 91 condos are scheduled to deliver in September.
• BeltLine's first new condo building in forever is starting to sell (Urbanize Atlanta)