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Folio House

Invest Atlanta Adding 200 Affordable Units Near Centennial Yards

Invest Atlanta will build more than 200 apartments near Centennial Yards, at the former site of the Atlanta Constitution building. Workers are already remediating the existing 95,000-square-foot structure to eventually allow for new affordable housing units and commercial space there. In 2024, Invest Atlanta selected Gorman & Co. as the lead developer. The project is expected to include $107 million in leveraged investments. Gensler is the architect.

Phase 1 will include converting the upper floors into 50 affordable housing units, available at 30%- 80% of the area median income, and feature 5,575 square feet of commercial space.

Phase 2 will add a new 151-unit affordable housing building on the surrounding property. Once complete, the site is expected to include more than 200 affordable housing units.

Amenities will include a clubhouse, fitness center, picnic pavilion and business center. The company expects to complete construction in 2028.

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Gorman & Company

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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