UrbanizeAtlNewsBot

UrbanizeAtlNewsBot

Apartment, townhome project with rents from $800s has arrived Josh Green Fri, 08/18/2023 - 13:31 A year and ½ after breaking ground, a Westside project billed as a beacon of more affordable rents is accepting leasing applications at the doorstep of the Southeast’s largest cemetery.

Residences at Westview, a mix of apartments and rental townhomes, has taken shape at 1991 Martin Luther King Junior Drive, a location project leaders describe as within walking distance to shopping and dining, with the BeltLine’s Westside Trail a few blocks east.

Leasing began last month at the 60-unit community, with rents starting in the high $800-range per month, according to a promotional website.

The site overlooks Interstate 20 to the north, and to the south, the sprawling greens of historic Westview Cemetery, where neighborhoods Westview, Florida Heights, and Penelope Neighbors meet. The project replaces an abandoned, low-rise apartment complex had been razed a decade ago.

Construction on the 60-unit project last winter, with Interstate 20 shown at right. via Invest Atlanta

Residences at Westview’s proximity to I-20 and Westview Cemetery. Google Maps

Leading the project is Gorman and Company, a Wisconsin-based developer founded in 1984 with affordable-housing initiatives dotted around the country developed through public-private partnerships. It marks Gorman’s first development in Atlanta.

At the project’s groundbreaking in early 2022, Gorman officials said Residences at Westview would offer just six units at market rate, with the rest reserved for tenants earning 50 to 60 percent of the area’s median income.

Today, those rents range between $894 and $1,250 for one-bedroom, one-bathroom options, and $1,074 to $1,550 for apartments with two bedrooms and one bathroom.

The largest options—three bedrooms, two bathrooms—range between $1,236 and $1,700, according to the Residences at Westview website. Square footages have yet to be released.

An example of interiors provided on Residences at Westview’s leasing page. Residences at Westview

The Martin Luther King Jr. Drive facade. Gorman & Co./Affordable Housing Finance

Onsite amenities include a playground, game room, EV charging stations, a business center, community room, resident gardens, and garages with townhomes.

The nonprofit Atlanta Catholic Charities also plans to provide families residing at the apartments with after-school programs, “offering a variety of academic and social and emotional learning opportunities for students and parents,” according to a City of Atlanta announcement last year.

Invest Atlanta recently announced it has closed two transactions—an investment of $700,000 in Housing Opportunity Bonds funds and more than $755,000 from the Hollowell/MLK tax allocation district—to help finance Residences at Westview.

The project is located a few blocks from where a 124-unit affordable housing complex for seniors called True Light Haven was completed in the Penelope Neighbors neighborhood in 2021.Gorman also opened an office in Sweet Auburn last year to serve as a base for its Southeast team of developers and architects.

Swing up to the gallery for more Residences at Westview images.

…

Follow us on social media:

Twitter / Facebook

• Westview news, discussion (Urbanize Atlanta)