Ponce’s Next Phase

Ponce City Market is expected to grow by 700,000 square feet with two 21-story buildings—one with apartments for the 55-and-up market, and another with furnished rentals to compete with Airbnb and hotels—and a four-story loft office building. “Mixed-use is becoming more sophisticated,” says Michael Phillips, president of developer Jamestown. “It’s more design-driven, more customer-specific in terms of meeting the needs of different cohorts of people.”

Jamestown will not use tax incentives for this phase. Signal House, with 163 one- to three-bedroom apartments, is expected to open by the end of 2023. Phillips says active adults are an underserved market, whether downsizing or “co-locating” to be near family in Atlanta. The “hospitality living building,” which will have 405 units, will offer stays from one night to one year. It provides the flexibility of short-term rentals with the service of a hotel, but will not be a branded concept, says Phillips. It’s set to open in 2024, along with 619 Ponce, which will have 90,000 square feet of office space and will be constructed with cross-laminated timber that is environmentally friendly. All three buildings will add retail space as well.

by the numbers

The BeltLine MarketPlace was created for pop-up storefronts with Black-owned retail, arts and food ventures along the Westside and Eastside Trails. The businesses are in shipping containers and expected to be open through November.

Here’s a look at this initiative by Atlanta BeltLine, Inc. and The Village Market that is organized with Atlanta BeltLine Partnership and Atelier7.

200

Applications for the program

6

Businesses ranging from retail to food trucks

20-40 feet 

Size of the containers

$750,000

Grant from The Kendeda Fund for the pilot program