Atlas and FIDES Break Ground on $70M Multifamily Community in Chamblee
BY: Angela Noote
Atlas Real Estate Partners and FIDES Development have broken ground on The Hawkins, a $70 million mixed-use multifamily community in Chamblee.
The 192-unit Class A mid-rise community is located at 3300 Hood Avenue. It will offer one-, two, and three-bedroom floorplans and will include 15,000 square feet of community and commercial space. Community amenities include a fitness center, coworking space, pet spa, dog park, pool courtyard, bike room, and sky lounge overlooking the nearby DeKalb-Peachtree Airport.
Financing was arranged by Walker & Dunlop’s Michael Diaz, Keith Kurtland, and Sean Reimer. Nelson and New South are partners in this acquisition.
“Chamblee is at the heart of Atlanta’s urban suburbia, offering the best of urban and suburban living, and an irreplaceable infill location,” said Atlas Real Estate Partners Managing Director and COO Noah Weiss. “Chamblee has gone through an incredible transformation over the past decade…We think that our site will be a major beneficiary and contributor to Chamblee’s continued growth.”