Crescent Communities, a Charlotte-based real estate investment and development company, has announced plans for a mixed-use development at 525 North Avenue in Old Fourth Ward. The 2.23-acre site was previously zoned for a proposed 170,000 square-foot office building.
Located at the corner of North Avenue and Arnold Street, Crescent O4W will consist of a five-story multifamily development with approximately 240 apartment units over a parking deck and 9,000 square feet of street-level commercial space.
Crescent Communities filed an application for a Special Administrative Permit (SAP) with the City of Atlanta on Jan. 24.