UrbanizeAtlNewsBot

UrbanizeAtlNewsBot

Latest Lumen-branded project has delivered across downtown block Josh Green Thu, 03/07/2024 - 08:15 A key component of Chamblee’s push for more density (and people) in its open-container downtown area is ready for its closeup, adding hundreds of more rentals to an ITP city witnessing a surge in new housing.

Lumen Chamblee has delivered 318 apartments, all described as luxury-grade, as another step toward moving Chamblee beyond its industrial, railroad-town past toward a more cohesively urban, people-focused future.

Chamblee’s Lumen project, a joint venture from Atlanta-based developers Atlantic Residential and Stein Investment Group, claimed acreage at 2175 American Way formerly occupied by a few low-rise buildings that housed auto businesses, a flooring company, and other uses.

How Lumen Chamblee’s retail facade and parking garage entry are arranged along American Way, a block west of Peachtree Road, the city’s de facto Main Street. Josh Green/Urbanize Atlanta

Lumen Chamblee’s 2175 American Way location in relation to downtown landmarks, MARTA, and Peachtree Boulevard, at left. Google Maps

Tucked off Chamblee’s retail and restaurant row on Peachtree Road—across the street from The Bristol, a newer pocket of modern townhomes—Lumen Chamblee saw its first move-ins last fall.

Rents for studios with 589 square feet begin at $1,547. On the larger end, three-bedroom, two-bathroom apartments with 1,358 square feet start at $3,066.

Current discounts at the complex include a month free rent on studios to two-bedroom units, or $1,000 off three-bedroom options with at least 13-month leases.

According to terra alma marketing materials, all of Lumen Chamblee’s street-level retail space remains available. It’s divided into two suites with outdoor patio areas: one meant for a restaurant with 3,033 square feet, the other more suited for coffee or dessert shops with 1,425 square feet.

Where parking screening meets a surface lot. A rooftop terrace crowns the property and overlooks Chamblee. Josh Green/Urbanize Atlanta

Example of the smallest studio (left) and largest three-bedroom floorplans currently offered at Lumen Chamblee. Lumen Chamblee/FB

Chamblee’s population of roughly 30,000 has tripled since 2010 (thanks in part to annexation), and a Town Center vision for the downtown area is striving to add cohesiveness and walkability that had been lacking, boosted by additions such as the growing Rail Trail. Roughly a block down the street from the Lumen project, the Chamblee City Heights development has begun topping out, with another 243 apartments and 13,000 square feet of retail in its mix.

The Chamblee Downtown Development Authority granted the Lumen project a $4.4-million tax break in 2021. Developers said then it was expected to be a $73-million investment in the city overall.

Retail space in relation to Chamblee’s historic retail row, at left. Josh Green/Urbanize Atlanta

Lumen Chamblee/FB

Finished projects in the Lumen development team’s portfolio include Lumen Grant Park on Memorial Drive (237 units) and Lumen Doraville (320 units).

Meanwhile, the three-building Lumen Briarcliff has begun pre-leasing 264 apartments at a site off Interstate 85 in northeast Atlanta. Restauranteur Ricardo Ullio’s popular Novo Cucina concept has reportedly signed on to lease a prominent, two-story corner space at Lumen Briarcliff, with expectations of opening this year.

In the gallery above, find more context and photos showing how Chamblee’s entry to the Lumen lineup turned out.

…

Follow us on social media:

Twitter / Facebook/and now: Instagram

• Chamblee news, discussion (Urbanize Atlanta)