Top 10 Multifamily Buildings in Atlanta for 2024

Introduction

Atlanta, renowned for its rich history, bustling urban vibes, and Southern charm, is undergoing a transformative phase in its residential landscape. Its rapid population growth and economic development have made Atlanta one of the American cities with the largest housing shortage in the country, leading to a surge in new multifamily buildings.

For locals and potential newcomers alike, these developments promise new options for modern living, amenities, and connectivity.

For professionals in the field, increased demand and supply create opportunities and challenges. For property managers, brokerages, and agents, increased housing supply in the rental market means more closed deals. However, developers, the people, and companies that lead this transformation must carefully design, amenitize, and brand their buildings to stand out in Atlanta’s fiercely competitive rental market.

Our expertise – designing and creating distinguishable brands and marketing strategies for multifamily buildings – requires a deep understanding of comparable properties, target resident behavior, the competitive landscape, and analysis of data-driven market insights.

In Command & Query, we incorporate the above in our brand design process and always start by analyzing the market. This article is part of our market research and includes Atlanta’s most important upcoming multifamily developments.

It aims to serve as a vital compass for real estate developers, property managers, brokerages, agents, and other professionals navigating the ever-evolving terrain of Atlanta’s real estate landscape.

If you want to learn more, stand out from the competition, and create an exceptional brand and a lead-generating website for your development, email us at hi@cmdquery.com.

We will help you achieve higher rates and lease out your property faster!

If you are still determining if branding your property is worth the investment, look at our post about How Brand Design Can Improve Real Estate Rentals.

Atlanta Upcoming Multifamily Buildings

Midtown Atlanta Upcoming Buildings

Spring Street at 1405 Spring Street NW

Neighborhood: Midtown

Number of Units: 326

Estimated Completion Date: Spring 2024

The 31-story tower, spanning a 22,000 sqft area, will accommodate one-, two-, and three-bedroom apartments and a penthouse, summing up to 326 units.

The building will feature 21 floors of residential space above a main floor lobby. Beneath this are eight concealed levels for parking, as well as a premium amenities floor that offers various indoor lounges, co-working zones, a fitness center, yoga and meditation rooms, a swimming pool, a sun deck, and a sheltered outdoor lounge equipped with firepits.

source: 1

Rapsody at 1429 Peachtree Street NE

Neighborhood: Midtown

Number of Units: 350

Estimated Completion Date: Q2 2024

Rapsody’s 29-story structure will feature rental units on its lower levels and condos available for purchase on the higher floors. In all, the building will comprise 63 studios, 127 one-bedroom units, 117 two-bedroom units, and 17 three-bedroom units. Additionally, the development will offer four underground parking levels, providing 433 parking spots for residents and an additional 18 spaces designated for guests.

The ground floor will have a restaurant space with expansive outdoor seating.

sources: 1, 2

Juniper Street at 1081 Juniper Street NE

Neighborhood: Midtown South

Number of Units: 487

Estimated Completion Date: Q3 2024

Juniper Street consists of two structures, standing at 36 and 33 stories, respectively, making them some of the tallest new additions to the Midtown skyline in recent years. Combined, they house a total of 487 rental units. Additionally, 8,600 square feet of retail space are available at the street level. To accommodate residents and visitors, the development provides 690 parking spaces.

The buildings offer views of the surrounding area alongside luxurious amenities and high-quality finishes in the units.

source: 1

Society Atlanta at 811 Peachtree Street NE

Neighborhood: Midtown South

Number of Units: 460

Estimated Completion Date: November 2024

The 460 units in Society Atlanta will be distributed over 31 floors, consisting of traditional rentals and co-living spaces, also known as “Rent-By-Bedroom” options.

In addition to the apartments, the building will provide 81,000 square feet of office space and allocate 16,500 square feet for retail.

source: 1

1020 Spring Street NW

Neighborhood: Midtown

Number of Units: 370

Estimated Completion Date: November 2023

At 1020 Spring Street, a long-waited 26-story tower is taking shape. This architectural marvel will be outfitted with plentiful amenities, including a resort-style pool, a state-of-the-art fitness center, and an exclusive clubroom for residents to unwind and socialize.

source: 1

AMLI Atlantic Station at 261 Market Street NW

Neighborhood: Midtown

Number of Units: 360

Estimated Completion Date: December 2024

The 12-story mixed-use structure, boasting stair-stepped designs with views over Midtown’s portion of the downtown Connector, will house 360 residential units and provide 25,000 sqft of commercial area.

Momentum Midtown at 1018 West Peachtree Street NW

Neighborhood: Midtown

Number of Units: 375

Estimated Completion Date: June 2024

The Momentum Midtown will bring 376 rental units at 1018 West Peachtree Street.

The building will feature a variety of units, including studios, one-, two-, and three-bedroom apartments. Moreover, it will boast generous amenities such as a rooftop pool accompanied by cabanas, a bar, a spacious game room, and an elevated sky lounge.

While a slightly less tall building has been suggested for this location, it seems part of a subsequent phase.

source: 1

Goat Farm Arts Center at 1200 Foster Street NW

Neighborhood: Midtown West

Number of Units: 210

Estimated Completion Date: October 2024

The reimagined Goat Arts Center will accommodate 210 living spaces and dedicate 35,000 sqft for commercial purposes. Households earning 80 percent or less of the area’s median income will qualify for fifteen percent of the rental units, with the starting price for studio apartments anticipated to be around $1,150.

source: 1

Stella at Star Metals at 660 11th Street NW

Neighborhood: Midtown West

Number of Units: 331

Estimated Completion Date: Q1 2025

The Stella at Star Metals comprises 331 residences and offers 25,000 SF of ground-floor retail space. The development houses studios, one- and two-bedroom units with smart technology features.

For residents’ convenience and enjoyment, the building provides several amenities. These include a rooftop sky lounge offering expansive city views, a comprehensive fitness center, a movie theater, and a pool on the 7th floor. Retail establishments are also available on the ground level.

source: 1

Existing Midtown Buildings

• Ascent Midtown at 1400 W Peachtree St
• Mira at Midtown Union at 1301 Spring St NW
• AMLI Arts Center at 1240 W Peachtree St
• Novel Midtown at 1140 Spring St NW
• Atlantic House at 1163 W Peachtree St NW
• The registry on the Park at 207 13th St NE
• Piedmont House at 205 12th St NE
• Tens On West at 1010 W Peachtree St NW
• Modera Midtown at 95 8th St NW
• The Dagny Midtown Apartments at 888 Juniper St NE

Summerhill Atlanta Upcoming Buildings

450 Capitol Avenue

Neighborhood: Summerhill

Number of Units: 249

Estimated Completion Date: May 2024

450 Capitol Avenue is the transformation of a former Ramada hotel. This redevelopment will showcase a curated collection of 249 luxury micro-apartments. Residents will have access to a co-working environment, restaurants, and a leisurely posh outdoor promenade. The crown jewel is the rooftop featuring an exquisite pool and a clubhouse.

Existing Summerhill Buildings

• Victory At Summerhill at 100 Fulton St SE
• Alexan Summerhill at 720 Hank Aaron Dr SE

Upper Westside Atlanta Upcoming Buildings

Bolton Road at Bolton Road NW & James Jackson Pkwy NW

Neighborhood: Upper Westside

Number of Units: 191

Estimated Completion Date: March 2024

The 191-unit development will house a mix of one- and two-beds ranging from 672 to 1,177 sqft. Catering to contemporary lifestyles and ensuring the utmost comfort for its residents, the building will be equipped with a range of state-of-the-art amenities, such as a fitness center, a resort-style pool, and an outdoor kitchen for alfresco dining experiences.

Other amenities will include a game room & lounge, a clubhouse, and a theatre room, while those inclined towards wellness can frequent the yoga room or bask in the sun on the sundeck. Adding to the community’s charm are features like a community garden, scenic walking trails, and a dedicated space for communal gardening.

source: 1, 2

BRYKS Upper Westside at 2200 Marietta Blvd NW

Neighborhood: Upper Westside

Number of Units: 576

Estimated Completion Date: Unknown

Two elegantly designed apartment buildings are being developed in Upper Westside. Housing a total of 576 units, residents can choose from studio spaces to three-bedroom rentals.

Residents will have access to many premium amenities: panoramic skyline views, a dog park for canine companions, a state-of-the-art fitness center, coworking spaces, plush lounge areas, and a pool to offer solace from the city’s bustle. Additionally, the development will allocate an exclusive segment for retail establishments.

source: 1

The Howell at 1850 Howell Mill Road NW

Neighborhood: Upper Westside

Number of Units: 210

Estimated Completion Date: Q1 2024

The Howell has recently topped out, housing 210 units in total. This project boasts “premium” features, including coworking spaces and areas allocated for retail or dining establishments. The residential offerings comprise one, two, and three-bedroom apartments. While the exact amount of commercial space remains unspecified, the architectural renderings indicate an amenities area.

source: 1

Existing Upper Westside Buildings

• Luna Upper Westside at 2265 Marietta Blvd NW
• Vue at the Quarter at 2048 Bolton Dr
• Broadstone Upper Westside at 2167 Bolton Dr NW

Downtown Atlanta Upcoming Buildings

222 Mitchell Street

Neighborhood: South Downtown

Number of Units: 205

Estimated Completion Date: January 2024

222 Mitchell Street is part of the South Downtown redevelopment plan. The structure is set to accommodate 205 residential units. Beyond living spaces, it will feature 217,000 square feet of contemporary office areas, complemented by 72,000 square feet dedicated to retail establishments.

As a crowning touch, the building boasts a private events venue and a chic rooftop restaurant, where visitors can dine while soaking in panoramic views of the city’s stunning skyline.

Existing Downtown Buildings

• Smith and Porter at 210 Peters St NW
• The Mix at 120 Piedmont Ave NE
• Ascent Peachtree at 161 Peachtree Center Ave
• Altitude at 250 Piedmont Ave NE
• MAA Centennial Park at 305 Centennial Olympic Park
• Generation Atlanta at 369 Centennial Olympic Park

Dixie Hills Atlanta Upcoming Buildings

The Mallory at 251 Anderson Avenue NW

Neighborhood: Dixie Hills

Number of Units: 116

Estimated Completion Date: January 2024

The project will encompass two four-story apartment buildings. One structure will house 59 units, while the other will contain 57. In addition, provisions have been made for 117 on-site parking spaces to accommodate residents and visitors.

source: 1

Old Fourth Ward Atlanta Upcoming Buildings

555 Boulevard

Neighborhood: Old Fourth Ward

Number of Units: 110

Estimated Completion Date: January 2024

The property features 110 residential units, enhanced by various upscale amenities. These include a rooftop terrace perfect for panoramic views, a two-story underground parking facility, and a modern fitness center for residents’ well-being. Further enhancing the living experience are a luxurious club room, a cutting-edge smart package room, and a serene courtyard. Pet lovers will appreciate the dedicated dog spa.

The development also offers retail spaces and other essential facilities to cater to a variety of resident needs.

Existing Old Ward Fourth Buildings

• Tailor O4W at 525 NE North Ave
• AMLI Ponce Park at 641 NE North Ave
• Windsor Old Fourth Ward at 608 Ralph McGill Blvd NE
• Overline Residences at 700 Rankin St NE
• North and Line at 385 N Angier Ave NE
• Signal House at 680 North Ave
• Flats at Ponce City Market at 675 Ponce De Leon Ave NE

Perimeter Center Atlanta Upcoming Buildings

AMLI Brookhaven at 1400 Lake Hearn Drive

Neighborhood: Perimeter Center

Number of Units: 629

Estimated Completion Date: November 2025

AMLI Brookhaven is a mixed-use redevelopment of an existing office building in Perimeter Center. The 629-unit development will include one- (65%), two- (30%), and three-bed (5%) residences complemented by a 5.14-acre park, while at least 10% of these residences will be designated for workforce housing.

The 25,000 sqft of commercial space will include retail shops, restaurants, and business offices.

sources: 1, 2

Existing Perimeter Center Buildings

• The Linc Brookhaven at 4150 Ashford Dunwoody Rd
• The Bishop at 1115 Springwood Connector
• Arabelle Perimeter at 1110 Hammond Rd NE
• Peachtree Dunwoody Place at 6355 Peachtree Dunwoody Rd NE

Chosewood Park Atlanta Upcoming Buildings

The Upton at 430 Englewood Avenue SE

Neighborhood: Chosewood Park

Number of Units: 397

Estimated Completion Date: Q3 2024

The mid-rise structure comprises 397 units. The building is designed to encircle a six-and-a-half-story parking garage, accommodating 539 vehicles. Additionally, the topmost level of the parking structure will feature a dedicated amenity space for residents and guests.

source: 1

Existing Chosewood Buildings

• Verge Apartments at 125 Milton Ave SE

Bankhead Atlanta Upcoming Buildings

The Reserve at Bolton Road at 1070 Bolton Road

Neighborhood: Bankhead/Bolton

Number of Units: 209

Estimated Completion Date: September 15, 2023

The 209-unit is expected to start leasing on September 25, 2023. The residences blend one-, two-, and three-bed units, while each apartment comes with air conditioning, a modern kitchen that includes a microwave, dishwasher, and oven, plus a handy pantry for extra storage.

Overton Park Drive Atlanta Upcoming Buildings

**Auden at 3300 Overton Park Drive SE**

Neighborhood: Overton Park Drive

Number of Units: 325

Estimated Completion Date: January 2024

The five-story structure will feature a mix of one-, two-, and three-bed residences, totaling 325 apartments and townhomes. To enhance the living experience, residents will have access to many amenities. This includes a resort-style saltwater pool, an outdoor living space, a tranquil courtyard, and a sheltered outdoor game lounge perfect for relaxation and entertainment. The building will also house a secretive “speakeasy” for those seeking a unique nightlife experience.

Conclusion

In the bustling cityscape of Atlanta, the promise of new multifamily residential developments signifies progress, offering both locals and newcomers enriched living experiences.

With the current landscape reflecting intense competition in the rental market, it’s not merely about building residences but crafting identities that resonate.

Differentiation in such a competitive market hinges on robust branding and impactful marketing – elements that distinguish one property from another and can significantly influence rental conversion rates, leads, and value propositions.

Our agency, Command & Query, has been at the forefront of this evolution, arming properties with distinct brands and potent marketing strategies rooted in in-depth market research. We delve deep, drawing insights from the competitive landscape, resident behaviors, and data-driven analyses to ensure our clients’ multifamily buildings don’t just stand tall but stand out.

If you want to elevate your property’s image to secure a higher Price per Square foot, generate more qualified leads, and enhance resident retention, reach out to us at hi@cmdquery.com.

We will ensure your property not only meets the standards but sets them.