Atlanta — Sanctuary Residential has broken ground on 200 Edgewood, a $33 million mixed-use urban infill community on 1.2 acres in Atlanta.
200 Edgewood, which will offer 144 fully furnished units (254 beds) for students as well as medical interns and residents, will be completed by July 2016.
“This is a stellar infill location—practically on the Georgia State University campus and walking distance to the hospital,” says Bernard Felder, director and CEO of Sanctuary Residential.
Located just off Piedmont Avenue, 200 Edgewood is across the street from Georgia State University, the Grady/Children’s Hospital Medical Complex and the Sweet Auburn Curb Market streetcar station.
The community will consist of one seven-story building and two historic rehab buildings featuring nine studios, 25 one-bedroom and 110 two-bedroom apartments with amenities including a clubhouse, fitness center and meeting/study areas. Each floor will have 500 square feet of gathering space overlooking the community’s central courtyard.
According to a release, 200 Edgewood will be the closest student housing community to the Georgia State University campus, including the university’s own dormitories, and the only housing within walking distance to the medical campus.
The property also will include 12,000 square feet of commercial space geared toward residents, along with 110 parking spaces.
Shell McElroy is the general contractor for the project. Gary Coursey & Associates is the architect and Eberly & Associates is the engineer. The property will be managed by Asset Campus Housing.