First look: Mixed-use tower advances near BeltLine, strip club Josh Green Mon, 03/18/2024 - 14:03 A local development firm is hoping to continue the groundswell of new housing around Atlanta’s Blandtown neighborhood with a project that would have steps-away access to the BeltLine and, well, other area attractions.
Cassius Coleman, a principal with Atlanta-based Five Points Development, tells Urbanize Atlanta his company closed in January on the land required to build a project called 1283 West. The purchase price wasn’t disclosed.
The concept calls for 200 residential units and 7,000 square feet of commercial space rising from what’s currently a vacant lot at 1283 Marietta Boulevard, about two miles west of Atlantic Station.
The land in question is bordered by Elaine Avenue to the north, Marietta Boulevard to the west, a small office complex to the east, and Vivide strip club to the south.
Courtesy of Five Points Development
The vacant property in question in 2022, with Vivide's parking lot located at right. Google Maps
According to Coleman, 25 percent of the apartments would rent for prices reserved for residents earning 80 percent of the area median income or less, while 3,000 square feet of the retail and restaurant space would be leased to underserved tenants.
Renderings suggest 1283 West would rise 16 stories, with retail and a plaza facing Marietta Boulevard and amenities including a pool situated near the base.
Five Points Development lists itself as a co-developer on the project. The company’s previous work includes the Legacy at Vine City project and two under-construction housing ventures near Greenbriar Mall, among other projects.
Coleman said 1283 West’s land deal closed with Capital Impact Partners and that design work is continuing now.
“Plans will be ready in late August for a possible construction loan closing in the fourth quarter [of 2024],” Coleman wrote via email.
The 1283 Marietta Boulevard site in question (middle) in relation to the BeltLine section opened in 2022. Google Maps
Three years ago, a different, shorter concept called RYM BeltLine was pitched for the site. That called for 200 units of co-living housing geared toward students and recent graduates.
Should 1283 West come to fruition, its BeltLine proximity would tough to beat.
The northernmost section of the BeltLine’s Westside Trail opened less than a block south of the site in 2022.
BeltLine officials are currently seeking contractors to build the first segment of the Northwest Trail, which would pass directly in front of the 1283 West apartments on Marietta Boulevard and Elaine Avenue. The deadline for companies to submit bids is April 11.
BeltLine leaders have said that .7-mile segment will take about 18 months to build. It’s one of five Northwest Trail sections that will eventually connect the West Midtown area to Buckhead.
Aerial 1283 West rendering, looking east over Marietta Boulevard toward Midtown. Courtesy of Five Points Development
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1283 Marietta Boulevard 1283 West Capital Impact Partners Five Points Development Cassius Coleman Affordable Housing Commercial Space Atlanta Mixed-Use Mixed-Use Development Atlanta Development Atlanta Construction Vivide
Images
The 1283 Marietta Boulevard site in question (middle) in relation to the BeltLine section opened in 2022. Google Maps
The vacant property in question in 2022, with Vivide's parking lot located at right. Google Maps
Aerial 1283 West rendering, looking east over Marietta Boulevard toward Midtown. Courtesy of Five Points Development
Courtesy of Five Points Development
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