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In push for density, Habitat building first all-townhome project Josh Green Tue, 02/13/2024 - 08:05 As part of a push for higher-density affordable housing, a nonprofit organization is moving forward with its first all-townhome community on acreage north of Atlanta.

Roswell-based Habitat for Humanity–North Central Georgia recently received approval to move forward with a 50-unit community that’s been in the works for a year in Cherokee County’s Holly Springs.

The 6.3-acre site is located just east of Interstate 575 and north of Woodstock, about 30 miles from Midtown.

The Holly Springs City Council unanimously voted in January to approve the nonprofit builder’s request to annex and rezone the acreage on Edmondson Lane off Old Ga. Highway 5 to a designation more suitable for urban-style development. That followed a year of public hearings and community events that aimed to educate area residents on Habitat’s review and qualification process for its homeowners, according to project reps.

The target market for the townhomes will be qualified families who can't quite afford homeownership because of today's tough housing market, according to HFH–NCG.

North of Atlanta, the Habitat project's 6-acre site on Edmondson Lane off Old Ga. Highway 5. Google Maps

“This is a project that will have a generational impact on families living, working, and building better lives for themselves in our service area,” in an era of high mortgage rates and restricted housing supply, Mike Stafford, HFH–NCG’s president and board chair, said in a prepared statement.

“For several years now,” Stafford continued, “we have known that we need to have some higher-density settings in order to make homeownership affordable to the growing number of qualified Habitat for Humanity families.”

We’ve asked HFH–NCG representatives about the size and estimated pricing of the proposed townhomes—and the timeline for building them—but had not heard back as of press time. All units will qualify as affordable housing, according to the organization.

Amenities at the Edmondson Lane community will include pickleball courts, open greenspaces, and a nature trail. All townhomes will feature decks off the back and two-car garages, according to a project rendering provided to Urbanize Atlanta.

HFH–NCG was founded in 1994 and today serves North Fulton, Cherokee, Dawson, and Forsyth counties.

Find more information on volunteering and other services here. Have a look at the forthcoming Holly Springs project below. 

Courtesy of Habitat for Humanity – North Central Georgia

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Edmondson Ln & Old Hwy 5 Holly Springs Habitat for Humanity – North Central Georgia Cherokee County North Fulton North Georgia Community Housing Development Corporation Affordable Housing Atlanta Townhomes Holly Springs Homes Cherokee County Housing Edmonson Lane Community DGM Land Planning Consultants townhomes Atlanta Construction Edmonson Lane

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North of Atlanta, the Habitat project's 6-acre site on Edmondson Lane off Old Ga. Highway 5. Google Maps

Courtesy of Habitat for Humanity – North Central Georgia

Subtitle 50-unit community north of Atlanta aims to have “generational impact on families”

Neighborhood Cherokee County

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After 4 years, unique Midtown condo stack still gunning for sellout Josh Green Fri, 01/19/2024 - 12:59 For all the hype during construction about its eye-catching, stair-stepped design and enviable location half a dozen blocks from Piedmont Park, the J5 condo project in Midtown was beset by terrible timing: Developers declared it finished in March 2020, just as pandemic lockdowns were taking hold in Atlanta—and the thought of living stacked atop other people lost its luster.

Almost four years later, nearly 30 percent of J5’s new condos have yet to land buyers.

But the building’s sales team is optimistic that will change as another new year dawns, and they’re dangling relatively low (starting) interest rates as incentives to bring in more buyers, who’ve come from across the metro—and the country—so far.

The J5 building's uniquely stair-stepped design near amenities levels at 775 Juniper Street NE. Photos courtesy of J5/Engel & Völkers Atlanta

Designed by Smith Dalia, the six-story project by Dezhu US replaced a surface parking lot and several low-rise buildings, marking the largest condo venture to take shape in Midtown since the Great Recession. It delivered 149 condos total, each with outdoor space, and was billed as an alternative to so much high-rise living in the area.

J5 flaunted a “sunset lounge” near the roof, 24-hour security, greenspaces and a pool set like alcoves into the building, and floorplans ranging from 703-square-foot one-bedrooms to two-bedrooms with just shy of 1,400 square feet.

Later, in 2021, a $1-million renovation aimed to retrofit the new building to better suit post-pandemic buyers. That included a redo of lobbies and other shared spaces, more WiFi capacity across the property, and two model condos designed by Musso Design Group and Habachy Designs meant to showcase flexible floorplans.

As banners draped from J5 balconies have declared, price discounts of more than $100,000 per unit have come in the years since.

According to Jessica Dortch, Engel & Völkers Atlanta marketing coordinator, 43 condos remain unsold at J5, but just one of them is a one-bedroom unit, now priced at $529,900.

Two-bedroom offerings start at $549,900 and top out at $764,900 these days, according to Dortch.

In recent days the sales team has released what’s called a 3-2-1 rate buy-down incentive. That means interest rates on condo purchases start at 3.99 percent for the first year and gradually climb until year four, when rates would top out at an estimated 6.99 percent.

With the J5 condos that have sold, Dortch says there’s been “no definable trend” as to where buyers have been coming from.

“We have buyers from other major cities,” Dortch wrote via email, “[plus] regional buyers looking for a place in the city, homeowners trading in Cabbagetown or Reynoldstown for a condo in Midtown, parents buying for their children that are going to Emory [University] , Georgia State, or Georgia Tech, and parents buying a condo here to be close to children and grandchildren that live in Atlanta.” 

As intown condo sales go, it sounds like the definition of across the board.

Swing up to the gallery for the latest photography showing the J5 building today.

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775 Juniper Street NE J5 GROUP KORA Deluxeton Karen Rodriguez DEZHU US Smith Dalia Architects Michael Habachy Musso Design Group Engel & Völkers Atlanta Atlanta Condos Atlanta Condos for Sale Midtown Condos For-Sale Condos Condos

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The J5 building's uniquely stair-stepped design near amenities levels at 775 Juniper Street NE. Photos courtesy of J5/Engel & Völkers Atlanta

Subtitle J5 sales push with lower interest rates aims to attract more buyers, who’ve run the gamut thus far

Neighborhood Midtown

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