Immediately west of there, plans for an adaptive reuse food hall and offices in Peoplestown surfaced earlier this month. Meanwhile, just to the east, more than 900 apartments and townhouses have sprouted up in three separate developments along the Beltline Corridor over the past year.
Now, the longest running project on the lot is beginning to make its mark on the area.
Vertical construction has begun on the Peoplestown project, led by the New York developer Exact Capital Group And Aleem Building called Skyline Apartments.
The 11 storey development claimed a vacant lot in 1090 Hank Aaron Drive, east of the downtown link. It is expected to offer affordable housing exclusively, thanks to financial assistance from both city and state coffers.
Located directly on the Southside Trail, the 250 Skyline Apartments rentals will be reserved for renters who earn 60 percent or less of the area median income for at least 15 years, according to Atlanta BeltLine Inc. officials.
Plans include 46 studios, 101 one-bedroom apartments, and 103 two-bedroom apartments.
Amenities in the Skyline complex are expected to include a fitness center, outdoor pavilion, centralized laundry facilities, and access to enhanced public transportation. (However, MARTA’s Summerhill Express Bus Transit, which connects downtown to the Belt Line via Hank Aaron Drive, has delayed its projected opening by a year to summer 2025, due to rising costs and other issues.)
The BeltLine Southside Trail section in question—currently open to public use in a temporary, unpaved state between the Connector and the Boulevard—is scheduled to be tendered for construction in September next year. RAISE grant of $16.5 million from the US Department of Transportation Awarded in November last year It will help fund the construction of this and other parts.
Skyline Apartments started construction at the end of last winter. Beltline officials said the project is scheduled for delivery sometime in 2023.
BuiltLine contributed $2 million to the Skyline project — sourced from the Atlanta Built-in Affordable Housing Fund, or BAHTF — in a deal that closed in February. At the time, that put the organization at 53 percent of its goal to help build 5,600 units of affordable housing near the track, as laid out in the 2005 founding legislation.
In addition to BeltLine’s contribution, Exact Capital received a tax-exempt bond from Invest Atlanta’s Urban Housing Finance Authority and low-income housing tax credits from the Georgia Department of Community Affairs, among other funding.
Much more Residential development In progress along the unpaved Southside Trail to the east, toward Grant Park, including a huge community of apartments for sale.
To the west on Capitol View, a 325-unit residential development called The Vivian is shaping up along the now-completed first mile of the Southside Trail.
• A repurposed air-conditioned food court on the south side of Urbanize Atlanta