There's some intriguing buzz brewing in East Point of Atlanta, right in the vibrant orbit of Tyler Perry Studios and a stone's throw from a MARTA station. A unique development concept, years in the making, is hitting the market, offering a tantalizing glimpse of what could be the next go-to spot for stylish living and lively entertainment.
Picture this: a sleek infill project nestled on a .11-acre corner where Womack Avenue meets Main Street. Currently home to a couple of standalone houses and vacant lots, the vision is to transform this space into a dynamic blend of residential cool and retail buzz, all with that sweet, sweet transit accessibility.
Early designs presented to the city paint a picture of three and four-story structures, with upper-level townhomes potentially boasting killer views of MARTA’s Lakewood/Fort McPherson station and the sprawling creative empire that is Tyler Perry Studios. Talk about location, location, location! Imagine sipping your morning coffee while watching the comings and goings of a major film and TV hub.
This prime piece of East Point real estate, along with the existing project plans, has landed on the market with Maximum One Realty Greater ATL, with an asking price of $924,999 for the land alone. The concept is pretty enticing: seven modern townhomes flanking a marketplace and a tavern-style restaurant, topped off with a rooftop lounge. The listing itself touts it as "[perfect] for capturing foot traffic and creating a vibrant community hub." We're already picturing those sunset cocktails with a view!
Back when the project's leadership, including owners Annette Coleman and Tiffany Coleman, presented their vision to East Point’s Downtown Development Authority a couple of years back, they were already navigating the permitting process, with a three-phase build-out anticipated. However, construction hasn't yet broken ground, leaving the door open for a new visionary to step in and bring this concept to fruition.
The current listing smartly highlights why East Point is a developer's playground right now. Property values have reportedly soared by a whopping 25 percent in just three years, and the area has seen a staggering $1 billion in recent infrastructure and commercial investments. This isn't just a plot of land; it's a ticket to a booming market.
Maximum One Realty, based in Marietta, is pitching the location as a "commuter's dream" and the overall package as "an investor's goldmine." With its proximity to transit and the allure of a mixed-use space catering to residents and visitors alike, it's easy to see the appeal.
Word on the street is that the current seller is open to considering the best offers right now. So, if you're an investor looking to make a splash in a rapidly growing Atlanta suburb, this could be your chance to create something truly special, right in the heart of the action near Tyler Perry's world-class studio.
Could this become the next trendy enclave in Atlanta? Imagine the energy of residents grabbing a bite at the tavern before hopping on MARTA, or enjoying a nightcap with skyline views from the rooftop lounge. This isn't just about buildings; it's about creating a lifestyle, a community, a destination. What do you think? Is East Point about to get even hotter? Let us know your thoughts in the comments below!
