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After 9 long years, revived Decatur project aims to finally finish (atlanta.urbanize.city)

submitted 9 months ago by UrbanizeAtlNewsBot@yall.theatl.social to c/atlantanews@yall.theatl.social

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After 9 long years, revived Decatur project aims to finally finish Josh Green Wed, 01/10/2024 - 14:51 A modern-style node of Decatur townhomes that began initial construction way back in 2015 could finally be finished this year, project leaders tell Urbanize Atlanta.

Following years of setbacks involving disputes with buyers and owners, labor shortages, weather issues, stop-work orders, inflated material prices, and permitting delays, the 33-unit project rechristened Overlook at Moda (formerly Moda Decatur) has a new development and sales team—and a fresh flank of townhome offerings.

Situated about a mile north of downtown Decatur, at the corner of Church Street and Forkner Drive, the Moda project has been a strange juxtaposition of high-design contemporary dwellings and unsightly empty land for years.

“The property sat there for a while because of permittings and stuff like that, but that’s been taken care of. We’re moving forward,” said Anthony Acosta, an associate broker with Harry Norman Realtors, who was brought on last month to help lead sales. “There has been a lot of progress on the property.”

Overlook at Moda's restarted construction progress at 108 Forkner Drive, north of downtown Decatur. Josh Green/Urbanize Atlanta

According to Acosta, a bank assumed control of the property following financial issues with the previous developer, St. Clair Holdings. An independent developer, Curtis Hicks, purchased the remaining property in February 2021 and has enlisted builder Nick Beaudry to finish the community.

Construction on a fresh Moda phase began in August, with 12 total homes remaining to be built.

“Seven [new townhomes] are out of the ground right now, and as soon as we sell the first two, we can start construction on the next five,” said Acosta. “We’ve got three potential buyers at the moment.”

The seven current listings at Moda range from $899,900 to $939,900, all marketed as being “where modern architecture meets affordability.” Each unit includes four bedrooms and five bathrooms in 3,140 square feet.

All remaining units at Moda will have elevators and rooftop decks, according to Acosta, who points to nearby attractions and employers such as Suburban Plaza, Centers for Disease Control and Prevention, Emory University, and downtown Decatur as perks.

A communal pool and gas grills were installed by the previous developers.

Overlook at Moda/Harry Norman Realtors