3655 Habersham Rd Unit 376 B, Atlanta, GA 30305
3655 Habersham Rd Unit 376 B, Atlanta, GA 30305
Property Features
Beds Total: 1
Main Full Baths: 1
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ATLANTA, GA — Atlanta Public Schools will remain closed for a second day on Thursday, with frozen roadways and bitterly cold conditions in the metro area expected to last at least another 24 hours.
On its website, the school system said the decision was made in conjunction with Gov. Nathan Deal’s decision to close state offices for a second day as well.
APS Superintendent Meria Carstarphen announced the decision on Twitter, saying extreme cold temperatures and icy road conditions are expected to persist and that holding school would not be safe for staff, students or school buses in the metro area.
Wednesday morning, the Atlanta Police Department said it had worked 93 traffic accidents since midnight — seven of the with injuries. Deal had issued a state of emergency late Tuesday for 83 counties, spanning much of north and central Georgia, urging Georgians to stay off of roads that iced up in freezing temperatures overnight.
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Most areas of north and west Georgia received up to an inch of snow Tuesday afternoon and overnight, according to the National Weather Service. Shortly before 1 p.m. Wednesday, the temperature in Atlanta was still a frigid 18 degrees, according to the National Weather Service.
Alert: All APS schools as well as district office to remain closed Thursday, January 18. pic.twitter.com/ly9Z4kCv7O— ATL Public Schools (@apsupdate) January 17, 2018
Photo via Atlanta Public Schools Superintendent Meria Carstarphen
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Rendering of Edgewood Court redevelopment
A partnership between Jonathan Rose Cos. and Columbia Residential has purchased a 204-unit apartment community in the Edgewood neighborhood of Atlanta. Edgewood Court Apartments is fully affordable, with all units designated for people at or below 60 percent area median income.
Jonathan Rose partnered with Columbia Residential as a co-owner, co-developer and long-term property manager. The two companies have an $18 million capital budget for the redevelopment of Edgewood Court. Financing will be provided by Georgia Department of Community Affairs through an allocation of 4 percent Low-Income Housing Tax Credits and tax-exempt bonds issued by Invest Atlanta. The property was constructed in 1950 and received renovations in 1981. All of its units are part of the federal HUD Section 8 program. The federal contract will be renewed for 20 years.
“At a crucial moment when Atlanta and the rest of the country is facing an affordable housing crisis, it’s more important than ever to create and preserve quality and affordable communities for an undeserved population. We’re committed to delivering sustainable, state-of-the-art housing and accessible community services that will enhance lives and serve families for years to come,” said Jim Grauley, co-founder & partner at Columbia Residential, in a prepared statement.
Upcoming features
Edgewood Court currently comprises 62 one-bedroom, 119 two-bedroom and 23 three-bedroom units.
The new owners’ renovation plan focuses on energy conservation and sustainability measures certified by Enterprise Green Communities. Upgrades will include:
18 additional ADA-accessible units New amenities like a fitness center, computer lab, community garden and a playground. Repaved roads and walkways New roof and gutters
Construction will begin in the first quarter of 2018 and is slated for completion in early 2019.
Located at 1572 Hardee St., Edgewood Court is near multiple recreational destinations, such as parks and a soccer field. There are also nearby bus stations and a subway station can be reached in about 20 minutes. The intersection of Moreland Avenue and Caroline Street presents multiple shopping and dining destinations, less than a mile away, while downtown Atlanta can be reached in about 10 minutes.
“Edgewood Court represents a terrific opportunity to work with residents and local stakeholders to revitalize and preserve this community amidst a rapidly transforming neighborhood,” said Nathan Taft, managing director of acquisitions at Jonathan Rose Cos., in a prepared statement. “We are pleased to work with Columbia to further our mission in Atlanta and to have received the support of Invest Atlanta and Georgia DCA to purchase and transform the property into a community of opportunity.”
Image courtesy of Jonathan Rose Cos.
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