Site
1100 Ridge Avenue is a one-acre site located in the Peoplestown neighborhood of Atlanta and is currently vacant. The site is ideally located ¼ mile east of Highway 1-75/85 and 10 minutes from Jackson Hartsfield airport and 1 mile south of downtown Atlanta. It is also located within ½ mile of the Beltline Overlay District and currently zoned MRC-1.
Project Overview
The proposed site will be rezoned to MRC-3 which will allow for approximately 129,000 SF of buildable residential and commercial space, yielding 100 units of Workforce Housing targeting renters earning between 50% and 80% of AMI.
Project Financing
4% LIHTC, CMC Equity, Invest Atlanta Funds
Project Schedule
- Financing Applications: 8/2019
- Construction Closing: 1/2019
- Occupancy: 12/2021
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