Atlanta Project Thread IV

[smArTaLlone]

https://www.bizjournals.com/atlanta/news...utm_medium=trueAnthem&utm_source=twitter

Two new projects are planned in Atlanta that would offer “co-living” units, the latest step to bring more affordable housing to the city.

Co-living, which means residents have private bedrooms but share kitchens and communal space, is becoming more mainstream.

Camand Capital LLC, a joint venture of Atlanta-based Civitas Communities and RAF Capital, is proposing a 176-unit project in Reynoldstown. The roughly $22 million development at 1061 Memorial Drive would combine nine one-bedroom units with 36 co-living units, each with three to six bedrooms spaces per unit.


Another co-living project is planned for Chosewood Park, a neighborhood south of Grant Park and along the future Southside Trail of the Atlanta Beltline, an area seeing a wave of new, more affordable multi-family projects.


Domos Co-Living LLC, a joint venture of Civitas Communities and Real Estate Asset Partners, is pitching the 250-unit, roughly $31 million residential project at 577 Englewood Avenue. It, too, features private rooms, shared kitchens, weekly cleaning services, free laundry and communal living spaces. Amenities at the project would include a daycare, swimming pool, rooftop terrace, yoga room and scooter station.