East Point may take lumps for being relatively stagnant compared to development-friendly southside brethren such as Hapeville, but another sign that could be changing has recently come to light.
Safe and Green Development Corp, a New York-based company focused on modular construction using former shipping containers, reports this week it has landed “substantial financing” for a residential project called Norman Berry Village near downtown East Point.
The 6-acre site in question is located along Norman Berry Drive near Washington Road, just south of Parklane Elementary School, a few blocks east of the city’s MARTA hub and downtown eateries.
According to SGD, the joint venture with CMC Development will produce 132 market-rate apartments in two new buildings, next to communal greenspaces and resident parking lots. Exactly what the project will cost and how much of that is funded wasn’t specified.
SGD announced in summer 2021 it had acquired the Norman Berry Drive property for $390,000, predicting then its East Point development would cost roughly $21 million. Plans at the time called for constructing the apartments in Oklahoma and shipping them to Atlanta for assembly, with work forecasted to start in the third quarter of that year.
SGD’s breakdown in 2021 called for one and two-bedroom apartments, totaling about 125,000 square feet, with amenities that would include a gym, greenspaces, and a clubhouse.
The company claims that building with shipping containers is significantly cheaper and can cut construction time and waste in half, while reducing shipping emissions by 90 percent.
What East Point’s modular-built rentals might look like isn’t yet clear. We reached out to SGD officials this week for Norman Berry Village…
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