While it’s still early, the 2024 forecast calls for a mini residential boom of townhomes by the same builder along two busy intown streets, with two projects within steps of each other but in two different neighborhoods—and two separate Georgia counties.
Both Madison Park-branded projects are currently being built by Atlanta-based JackBilt Development, the firm behind other eastside projects on (or near) the Memorial Drive corridor including The Warren in Kirkwood, Warren South in Parkview, and Ell Square in East Lake.
In Reynoldstown (and Fulton County), the 16-townhome Madison Park project continued construction over the holidays on a new flank fronting Moreland Avenue. It replaces a long-vacant church demolished on site in 2022.
New fencing installed between the two townhome rows and the Eastside Trolley Trail, a multi-use BeltLine connection. Josh Green/Urbanize Atlanta
Inside the first finished units at Madison Park, all three-bedroom options that start from $499,000. Courtesy of Atlanta Fine Homes Sotheby’s International Realty
Allen Snow, an Atlanta Fine Homes Sotheby’s International Realty associate broker representing the townhomes, tells Urbanize Atlanta three townhomes have sold in the project’s rear building, with a model home now open for tours.
All options have three bedrooms, two and ½ bathrooms, two-car garages, and small backyards.
Current listings are priced from $499,900 to $585,000, depending where they stand in the site plan. At that price, all of them are the cheapest non-condo living options being offered in Reynoldstown at the moment.
Listing services peg the square footages at 1,797, while monthly HOA fees are listed as $275. Buyer incentives are currently listed as free refrigerators and $20,000 seller credits with some units.
According to Snow, the front building under construction now will see the same floorplans but with full rooftop decks—with higher prices in the…
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