More density and resident-oriented amenities to breathe life into Downtown Atlanta.
Downtown Atlanta has said “goodbye” to parking lots and is welcoming over 400 new apartments.
This morning, Post Properties broke ground on Centennial Park Apartments, across the street from World of Coca-Cola. The project will include over 400 units in two buildings, with retail space at the street level. The units will range in size from 537 to 1,356 square feet. The project is bisected by Simpson Street.
Looney Ricks Kiss (LRK), the architectural and planning firm behind the apartments, will be making sure to preserve the diverse character of the neighborhood, with each block featuring three distinct building styles.
The project will cost about $96 million to develop. According to this investment report, ten percent of the units will be “workforce housing,” priced at $1,090 per month, versus $1,620 per month for the regularly priced units.
The move is a huge step in the right direction for making Downtown more residential, as the area is currently primarily a tourism hub and daytime-oriented office district.
Can you see yourself as a resident of Centennial Park Apartments in a few years? Tell us below…
