Development Takes Off in Chamblee
A northern DeKalb County community once known largely for the loss of major industrial employers is now home to nearly $403 million of new development. Thanks in large part to the 1987 opening of a MARTA rail station and a focus on the part of city government on creating an environment conducive to transit-oriented and walkable development, Chamblee is booming.
An early 2020 opening is on tap for Attiva Peachtree, a 205-unit apartment property now underway less than a mile from the Chamblee MARTA station.
A luxury apartment community for 55-and-older residents, the project will include 205 one- and two-bedroom apartment units and 22,000 square feet of retail, according to Steven DeFrancis, CEO of Cortland, the multifamily investor/manager that is developing the project.
Because of the proximity of this Chamblee project to Atlanta, DeFrancis said Attiva Peachtree is “minutes from the center of the universe of the southern U.S. from an amenities and job standpoint. It’s proximate to all the service and employment nodes you could want; millions of square feet of retail of all types; the largest medical complex in the South; MARTA rail; numerous higher education institutions — and yet you’re still outside the dense urban environments you find in more close-in markets like Buckhead,” he said.