A modern-style infill project billed as “urban luxury at its finest” has entered the final phases of construction on Summerhill’s resurgent main drag, with pricing coming into clearer focus.
Ten 5 Summerhill is delivering 10 townhomes at the southwest corner of Georgia Avenue’s intersection with Martin Street, continuing Summerhill’s residential groundswell where Georgia Avenue meets a large intown park. The .3-acre corner site had been vacant—as almost all buildings on Georgia Avenue used to be—for well over a decade.
The Xmetrical-designed project’s furnished model townhome, unit No. 2, has recently come to market. All five units facing Georgia Avenue are on pace to finish construction within the next month, according to listing agent Sara Lee Parker of Keller Williams Intown Atlanta.
The first listing is asking $749,000 for two bedrooms, two full bathrooms, and two partial baths in 1,513 square feet, atop a one-car garage. (The priciest townhome listed so far on the project’s website—an end unit along Georgia Avenue—is asking $20,000 more.)
Perks of the initial listing include a rooftop “retreat” with a half-bath, flex space, roof deck, kitchenette, wet bar, and beverage fridge. The listing points to floating vanities, floor-to-ceiling Pella window, gas cooking, quartz counters, and ancillary balconies as additional draws.
Some of Ten 5 Summerhill’s four-story floorplans will be unique in that they swap garages for studio apartments at street level. All four floorplans have two bedrooms, two full bathrooms, and two half-baths, plus the top-floor spaces.
A small lot with reserved, off-street parking will be tucked behind the townhomes, masked from public view. Parker said that portion of the project will be completed once consecutive days without rain allow.
According to Parker, the project’s first closings are planned for September, and the goal is to sell each unit by year’s end.
The location is across the street from Phoenix II Park, a 7.3-acre community greenspace, and a block east of Georgia Avenue’s new slate of restaurants and other businesses.
The project’s development team is listed as JB Development Partners, Bespoke Developments, and South City Residential.
Intown Builders, a frequent Xmetrical collaborator, is also involved in the project, per building permit records. The developer had previously planned a six-story, 21-unit condo building at the corner property with commercial spaces at street level, but those plans were nixed. (The plot in question sold for $660,000 in 2018—just two years after it had traded for $168,000, which speaks to the historic neighborhood's cachet, according to property records.)
Once-ghostly Georgia Avenue has added a full portfolio of restaurants, retail, and service-related businesses as part of Carter’s Summerhill development over the past six years, both in revived old buildings and new construction. Those businesses join more than 1,200 new apartments and townhomes that have opened, or are under construction now, in the blocks surrounding Georgia State University’s Center Parc Stadium.
Swing up to the gallery for a look at Ten 5 Summerhill exteriors and interior designs of the first model on the market.
...
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Flashback: Recalling the 'before' version of Summerhill's vibrant strip (Urbanize Atlanta)