Could High-Rise Development Replace The Masquerade (Beltline @ North Ave)?

[afdinatl]

[jsvh]

More details on the Development (Credit to GeorgiaPeanuts for finding it): North & Line

In the fall of 2015, Southeast Capital Companies and SWH Residential Partners will begin developing "North & Line", an apartment building asset on North Avenue immediately adjacent to the Atlanta Beltline and Historic Old Fourth Ward Park. This development promises to deliver the most exciting living accommodations much-sought-after neighborhood of the Old Fourth Ward. The mere mention of this area evokes a sense of vitality, connectivity, and an urbane feeling not found in many neighborhoods in the metro fabric. As the city's continued gentrification trends towards a more dense and walkable built environment, the strategic location

The "Beltline" began as an Urban Design Thesis of a Georgia Tech grad student and has flowered into a reorientation and restructuring of the urban growth patterns inside the I-285 Perimeter of the city. The embryonic concept envisioned utilizing abandoned railway beds that once ringed the railhead city of Atlanta. The fleshed-out, urban design now is a means to add needed greenspace and connect city neighborhoods organically through the redevelopment along these repurposed rail corridors. North & Line will immediately adjoin the Beltline along the length of its eastern boundary - its "back yard", and the Historic Old Fourth Ward Park will serve as its "front yard" directly across N. Angiers Street. Thus, the North & Line residents will be able to avail themselves on both greenspaces that accommodate active adult lifestyles. The Beltline, while still in its infancy, nonetheless is a vibrant green space for outdoor activity and is also the future home of the new Street Car system. North & Line will actually offer three direct connections to the Beltline Corridor: two public access points and one private one. The Gateway Plaza is a collaboration between Southeast Capital and the City. It is a "winding garden trail" and access up to the Beltline at the southern end of North & Line. A private access for Residents will be provided from the Terrace Level of the building.

Given its aforementioned prominent siting, North & Line is strategically positioned to capitalize on the local revitalization and high demand for in-town apartments. The development site is collectively 3.3 acres. Housing 228 units, the asset will be a midrise apartment development with approximately 4500 square feet of ground floor retail space. It will be constructed as a five story, apartment community over a three (3) level, podium parking deck. The building amenities will include an elevated pool and ample pool deck overlooking the Historic Old Fourth Ward Park and the Atlanta skyline. Additionally, there will be a 5,000 square foot interactive, social space with a full fitness center. This space will also provide indoor-outdoor interaction year round to fully take advantage of the city views provided from this level. The unit plans will be numerous and offer one and two bedroom options. The ground floor retail is planned as restaurant space. A component coupled to this restaurant will be an outdoor dining venue. This dining veranda will also be adjacent to the Gateway Plaza, which offers pedestrian access to both the Beltline and the Park. The restaurant will be an inviting respite to patrons of both the Historic Old Fourth Ward and the Beltline, as well as other nearby neighbors. Another eagerly anticipated, future amenity is the new, high-end retail space that will be provided in the redevelopment of the Excelsior Mill Building.

Other notable amenities in the greater area include close proximity - across North Avenue - to the renowned Ponce City Market, an historic and rehabilitated structure housing mixed-use retail and office space. Additionally, North Avenue is a major east-west traffic artery enabling quick access and travel times to all business nodes in the city. Some of the surrounding neighborhoods include Inman Park, Virginia Highlands, Downtown and Midtown. Thus, North & Line is primed to leverage the energy being generated by the Atlanta Beltline on this adjoining leg of the Eastside Trail in this vibrant and emerging area.

[cqholt]

Originally Posted by jsvh

More details on the Development (Credit to GeorgiaPeanuts for finding it): North & Line

'Most exciting' looks like every other apartment complex.
At least they are partially funding a project on the BeltLine.

[JoeTarheel]

I heard somewhere that Masquerade may be moving to the Atlanta Dairies complex...might be just a rumor. The website does list a live music venue as one of the tenants.