A Poncey-Highland townhome project in the pipeline for a decade, and under development for more than two years, is entering the homestretch of construction with more than half of its units claimed, according to the development team.
Declared an “architectural masterpiece” during its groundbreaking, the 15-unit, modern-style Freedom Townhomes project has claimed a formerly wooded site between North Avenue and John Lewis Freedom Parkway, across the street from Manuel’s Tavern. It could be the latest product of its type the historic neighborhood will ever see, per developers PacificPoint Realty.
Five townhomes at the community have closed, and another four are under contract awaiting completion and the city’s okay for residents to move in, according to broker Allen Snow, Atlanta Fine Homes Sotheby’s International Realty vice president of developer marketing and sales.
The recently installed pathway to the townhome project off the John Lewis Freedom Parkway PATH trail. Josh Green/Urbanize Atlanta
Entry to the townhome community from North Avenue—and slimmer offerings that have sold out. Josh Green/Urbanize Atlanta
Prices for smaller townhomes started at $900,00 two years ago. The remaining six units now start at $1.2 million, per Snow.
All of the four-story homes have fenced yards with Astroturf, rooftop decks, four-bedroom, four and ½-bathroom layouts, with both elevator-ready plans and non-elevator plans. Each remaining unit counts just over 2,700 square feet. (A $25,000 carrot is being dangled now as a buyer incentive, which can be applied to closing costs or upgrades.)
Another recent addition is a slate-chip path that’s been added on the community’s south side, leading through a cleaned-up Georgia Department of Transportation easement to the PATH trail along John Lewis Freedom Parkway.
The site in question had been targeted for redevelopment for years, and it’s been rezoned for townhome use for…
Read the full article here
