Courtesy of Empire Rental Living.
Empire Communities, well known around Atlanta for its infill developments, is bringing 83 build-to-rent townhomes to the Pittsburgh neighborhood south of Downtown.
Courtesy of Google Maps.
Empire Metro, as the new community will be called, represents the first foray into Atlanta’s rental market by the Toronto-based homebuilder, which already has at least 11 for-sale developments underway or open. The company’s Empire Rental Living division is heading up the project.
Located at 776 Metropolitan Parkway SW, the community is rising on a formerly vacant 4.4-acre site on the corner of Shelton Avenue SW. The property last changed hands on March 15 for $7.5 million, according to Fulton County records.
“We’re thrilled to launch our first rental-home community in the Atlanta market,” Donald Povieng and Cole Young, co-presidents of Empire’s North American Rental Division, said in a press release. “With rising home prices and interest rates, demand for flexible rental options of our award-winning home designs has never been stronger. With Empire Metro, we provide our residents with attainable new home construction living in a great neighborhood.”
The three-story homes will come in two- and three-bedroom layouts with private covered terraces and connected garages. Each unit will be equipped with smart-home technology, including Google Fiber internet, Ring doorbells, smart thermostats, leak sensors and keyless-entry locks.
Rents will range from $2,475 to $2,900 per month, according to the community’s website.
The site as seen in March. Courtesy of Google Maps.