Images: New 'Skyline' tower lords over Southside BeltLine corridor Josh Green Wed, 04/03/2024 - 16:50 Two years after construction kicked off, a relatively tall housing development in Peoplestown is topped out and visible from many points along the BeltLine’s interim Southside Trail—albeit behind schedule.
Skyline Apartments, a Peoplestown venture led by New York-based developer Exact Capital Group and Aleem Construction, is the tallest new development overlooking any BeltLine segment not named the Eastside Trail.
The 11-story project is expected to offer exclusively affordable housing, thanks to financial help from both city and state coffers.
Skyline claimed a vacant lot at 1090 Hank Aaron Drive, just east of the downtown Connector. Meanwhile, across the street, adaptive-reuse food hall and office venture Terminal South officially began construction in February. Both projects, located about two miles south of downtown Atlanta, are expected to be served by MARTA’s first bus-rapid transit service line come 2025.
Heading west on the interim Southside Trail, the topped-out Skyline Apartments now loom large in the distance. The Maverick community's BeltLine-facing mural is shown at right. Josh Green/Urbanize Atlanta
How the 250-unit Skyline project will front Hank Aaron Drive in Peoplestown. Rendering courtesy of Exact Capital
The BeltLine contributed $2 million toward the Skyline project, as sourced from the Atlanta BeltLine Affordable Housing Trust Fund, or BAHTF. Beyond that, Exact Capital received a tax-exempt bond from Invest Atlanta’s Urban Residential Finance Authority and low-income housing tax credits from the Georgia Department of Community Affairs, among other funding.
The Skyline project was initially expected to deliver in 2023, but that’s been delayed. Pre-leasing has yet to launch, and the price range for rentals hasn’t been specified.
The 11-story Skyline Apartments as seen near the BeltLine corridor's intersection with Milton Avenue. Josh Green/Urbanize Atlanta
A pinpoint of the 1090 Hank Aaron Drive SE site, with the Southside Trail corridor spanning across the frame just to the south, running under a bridge with active rail. Google Maps
As for the BeltLine section in the area (Southside Trail Segments 2 and 3), BeltLine officials report that a low bidder has been approved to build the trail, and that construction is now slated to kick off in late spring this year.
Should that go as planned, BeltLine leaders expect to open this last remaining section of the Southside Trail in early 2026, with landscaping work to follow.
Meanwhile, just to the east of the Skyline site, more than 900 apartments and townhomes have sprung up in three separate developments along the BeltLine corridor over the past few years.
View of the new building that Southside Trail patrons see, near the McDonough Boulevard tunnel. Josh Green/Urbanize Atlanta
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1090 Hank Aaron Drive SE Skyline Apartments Peoplestown Affordable Housing South Atlanta Atlanta BeltLine Affordable Housing Trust Fund BeltLine TAD Atlanta BeltLine Southside Trail Beltline Exact Capital Group Aleem Construction Georgia Department of Community Affairs U.S. Department of Transportation Atlanta Development Atlanta Construction Atlanta Housing AMI Area Median Income
Images
Heading west on the interim Southside Trail, the topped-out Skyline Apartments now loom large in the distance. The Maverick community's BeltLine-facing mural is shown at right. Josh Green/Urbanize Atlanta
The 11-story Skyline Apartments as seen near the BeltLine corridor's intersection with Milton Avenue. Josh Green/Urbanize Atlanta
View of the new building that Southside Trail patrons see, near the McDonough Boulevard tunnel. Josh Green/Urbanize Atlanta
How the 250-unit Skyline project will front Hank Aaron Drive in Peoplestown. Rendering courtesy of Exact Capital
The vacant site as seen in November 2021. Google Maps
A pinpoint of the 1090 Hank Aaron Drive SE site, with the Southside Trail corridor spanning across the frame just to the south, running under a bridge with active rail. Google Maps
Josh Green/Urbanize Atlanta
Subtitle 11-story affordable housing venture in Peoplestown has topped out on former vacant lot
Neighborhood Peoplestown
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