200 rentals, many affordable, to break ground soon near BeltLine

by Fulton Watch News Feed

Another 200 apartments are set to enter the development pipeline soon in the booming southside neighborhood that is Chosewood Park.

That’s according to a project update issued by Invest Atlanta, the city’s economic development arm, regarding the first facet of a sprawling proposal called Englewood, located just south of the Atlanta BeltLine’s Southside Trail corridor.

The majority of the first Englewood apartments would qualify as affordable housing, next to a senior housing complex that’s also part of the first phase.

According to Invest Atlanta, the apartments are set to break ground this year and deliver sometime in 2026, following a 26-month construction schedule.

Also in the plans is 15,000 square feet of commercial space. Amenities will include a swimming pool and fitness center, a business center with computers, and a clubhouse with community and meeting rooms.

The 200-unit project’s eastern face, just south of the BeltLine. Atlanta Housing; The Benoit Group

The 200-unit project in question at 535 Englewood Ave., at top left. Atlanta Housing; The Benoit Group

The development is a joint venture between The Benoit Group and Atlanta Housing. It’s unique in that Benoit plans to offer a variety of services to residents onsite via its “Social Expression Program.”

The majority of the apartments—160—are planned to rent at 60 percent of the area median income or below. That means the smallest units (one bedroom, 715 square feet) will rent for $1,149 monthly.

From there, two-bedroom options with 950 square feet would rent for $1,378, and three-bedroom apartments with 1,150 square feet would go for $1,593 monthly. (It’s important to note that with Atlanta Housing HomeFlex vouchers residents would not be required to pay more than 30 percent of their income on rent.)

The market-rate apartments, meanwhile, will rent for between $1,450 for one-bedroom plans and $2,100 for a couple of three-bedroom options…

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