New City is asking Metro Atlanta for permission to include 780 new apartments in its $1 billion Atlanta Beltline Eastside Trail project. There is no timeline for when the project will begin. New City will wait until the market is more amenable to lending for apartment projects.
New City LLC would add two residential buildings to the project, which it calls Fourth Ward. Mailchimp’s headquarters anchor it, and it includes a boutique hotel and apartment tower.
The new apartment buildings, which make up the final phase of the project, would cover about 4 acres, replacing an existing parking lot, a temporary dog park, New City’s offices, and the former Venkman’s, a restaurant and music venue. Architectural firm Barkow Leibinger will design New City’s residential buildings. New City is set to go soon before the Beltline’s Design Review Committee for its final phase.
Living on the Atlanta Beltline is more than just trails, transit, and green spaces it’s about being part of an innovative project that’s using public infrastructure to make Atlanta a global beacon for equitable, inclusive, and sustainable life.
The Atlanta Beltline is an extraordinary attraction for visitors and residents alike. Along the path, you can find new restaurants, breweries, art galleries, local businesses, and experience moving arts and cultural exhibits and programs.
New City is a commercial real estate development firm with a focus on creating unique non-commodity places where community can grow and flourish. The company has a specific concentration on the preservation of structures with historic character and exploring ways to repurpose them for modern use.
New City’s aim is to create authentic places that allow people to align their personal priorities with the spaces where they spend their lives. Savvy business owners, too, understand that the buildings they inhabit have a direct impact on the culture of their organization and ultimately their bottom-line as they seek to recruit & retain top-talent and distinguish themselves in a highly competitive marketplace.
