Developer closes on property for multi-use development in Avondale Estates
Developer South City Partners has closed on 3.17 acres on the north side of East College Avenue that will become the site of a multi-use development.
The property is located between Hillyer Street and Sams Crossing.
“The development will feature a vertical mixed use project with approximately 8,000 square feet of podium retail/restaurant space on the ground floor, approximately 197 residential units in four stories above, including a gateway park, which will preserve the mature trees, a rear parking deck with additional on-street parking and generous sidewalks and street trees to enhance the pedestrian experience,” the city said in a press release.
The project was first announced in February of 2016.
“On behalf of the City of Avondale Estates, the Board of Mayor and Commissioners is happy to announce that today South City Partners closed on their property acquisition at Sam’s Crossing and will soon break ground on construction,” Mayor Jonathan Elmore said, according to a press release. “Their mixed-use project will be handsome and welcoming edifice at our western gateway and an inspiring catalyst for our entire central business district.”
The Downtown Development Authority worked with the city to move the project forward.
“This development is a great addition to the downtown district, and we are honored to have worked with the City of Avondale Estates and South City Partners to help bring this project to fruition,” DDA chairperson Matt Delicata is quoted as saying in the press release. “We know it will be a huge success and are excited to watch it serve as a catalyst for future development.”