This Week in Atlanta Real Estate: New development near Piedmont Park planned despite resident opposition

by Rincey Abraham

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Developments around the BeltLine continue to rustle the feathers of locals. This source of conflict this time is a new development from Fuqua Development where the Eastside Trail meets Piedmont Park. The developer is planning an 11-story hotel, grocery store, townhomes and apartments that include 30 percent affordable housing. But local residents believe the project is too dense for the area, which is already car-clogged, according to Curbed Atlanta.

In other Atlanta real estate news:

  • Blaze Partners and Bailard Inc. purchased a 239-unit mid-rise community, 1760 Apartment Homes in Lawrenceville, Georgia. The property has one-, two- and three-bedroom units available and marks a newly formed partnership between the two companies. The community also includes a cyber cafe with coffee bar, resident lounges and a fitness studio with a CrossFit training area, according to Multi-Housing News.
  • Landmark Properties and CityLife Development purchased a 1.1-acre site for a 28-story mixed-use student housing development. The Mark at Atlanta will be located at Spring and 10th streets in Midtown and will have over 780 beds, 281 apartments and 7,000 square feet of commercial space. The fully furnished apartments will feature options from one bedroom to six bedrooms and amenities such as an on-site parking garage, study lounges, golf simulator and more, according to What Now Atlanta.
  • No2 Opus Place celebrated the groundbreaking of its new residential tower on 14th Street with a video showing dynamite blasts at the site. The 53-story luxury tower will have units starting at $750,000 and a 5,000-square-foot penthouse listing at $12 million, according to Curbed Atlanta.