Herndon Square Phase II - Property Development in Atlanta

Last Updated on: 28th February 2025, 08:41 am

Herndon Square Phase II is a groundbreaking mixed-income rental community in Atlanta, designed to offer affordable housing options while fostering a diverse and inclusive environment. This 201-unit development is part of a larger effort to revitalize a former 12-acre public housing site, blending modern amenities with community-focused spaces¹.

Located at 527 Herndon Square Ave, this project is strategically situated near Mercedes-Benz Stadium, making it a prime location for urban living². The community will feature one-, two-, and three-bedroom apartments, ensuring options for various family sizes and income levels. With 31 market-rate units and 170 affordable LIHTC units, Herndon Square Phase II aims to serve residents earning between 30% to 80% of the area median income¹.

The development is a collaboration between Atlanta Housing Authority, Hunt Companies, Oakwood Development Group, and Pennrose. Set for completion in Spring 2026, Herndon Square Phase II promises to enhance the local community with infrastructure improvements and amenities like an interior courtyard and enclosed parking¹².

Prospective residents can look forward to a vibrant community with access to retail spaces and a STEAM workforce development hub. Don’t miss the opportunity to be part of this transformative project—contact the leasing team today to learn more about upcoming opportunities¹.

Key Takeaways

201 mixed-income units available in Spring 2026
Located at 527 Herndon Square Ave, near Mercedes-Benz Stadium
Includes one-, two-, and three-bedroom apartments
31 market-rate and 170 LIHTC units for diverse income levels
Collaboration between major housing and development groups
Amenities include courtyard, parking, and retail spaces

Project Overview and Key Details

The Herndon Square Phase II project represents a significant step forward in mixed-income housing, offering 201 units designed to cater to a diverse range of residents³. This development is part of a broader initiative to revitalize a 12-acre site, blending modern living with community-focused amenities.

Development Scope and Unit Mix

The unit mix includes one-, two-, and three-bedroom apartments, ensuring flexibility for various family sizes and income levels. With 31 market-rate units and 170 affordable LIHTC units, the project supports residents earning between 30% to 80% of the area median income³.

Amenities and Community Features

Residents will enjoy a range of amenities, including an interior courtyard, enclosed parking, fitness center, wellness clinic, and a business and learning center. These features aim to create a vibrant community with access to retail spaces and a STEAM workforce development hub.

Herndon Square Phase II amenities

The collaboration between Atlanta Housing Authority, Hunt Companies, Oakwood Development Group, and Pennrose ensures high-quality development and management. Pennrose, known for its expertise in affordable housing, plays a crucial role in project management, contributing to the overall success of the development.

For more detailed information on the project’s infrastructure and community planning, you can review the fact sheet.

Herndon Square Phase II Property Development Atlanta

Herndon Square Phase II stands out as a model for affordable housing and mixed-income communities in Atlanta. This development is designed to provide high-quality, accessible housing options while fostering economic diversity and social inclusion.

Affordable Housing and Mixed-Income Benefits

The project emphasizes affordable housing options, with 170 income-restricted units available at rates from 30% to 80% of the Area Median Income (AMI)⁴. This range ensures that families and individuals across various income levels can find a place to call home. By integrating these units alongside 31 market-rate apartments, the community promotes a vibrant, inclusive environment.

The mixed-income strategy not only supports economic diversity but also strengthens community ties. Families benefit from access to shared amenities and services, creating a welcoming atmosphere for all residents. This approach aligns with the historical legacy of Herndon Homes, transforming it into a thriving, mixed-income neighborhood.

Affordable housing in Herndon Square Phase II

The development is part of a broader urban strategy to revitalize the area while maintaining affordability. For more details on the groundbreaking event, visit the Herndon Square Phase II groundbreaking celebration.

With a focus on sustainability and community well-being, Herndon Square Phase II is more than just a housing development—it’s a commitment to building a stronger, more inclusive future for all residents.

Community Impact and Economic Growth

The groundbreaking development along Northside Drive is set to catalyze significant economic growth in Georgia. By generating over 5,000 new permanent jobs, it supports local businesses and enhances the area’s prosperity⁵.

Local Job Creation and Infrastructure Improvements

The project not only creates jobs but also invests in modern infrastructure. A redesigned street grid and upgraded storm systems will improve accessibility and sustainability, benefiting both residents and businesses⁵.

Community Impact

Hunt Companies and other partners are key players in this initiative, ensuring high-quality development and management. Their involvement underscores the project’s commitment to fostering economic growth⁵.

Integration with Nearby Developments and Commercial Spaces

The development seamlessly connects with nearby attractions like the Georgia World Congress Center and Mercedes-Benz Stadium, enhancing the area’s vibrancy. This integration strengthens public-private partnerships, driving economic growth⁵.

Improved connectivity along Northside Drive and other infrastructure links ensures easy access to commercial centers, promoting a thriving economic environment. This master plan is a testament to collaborative efforts in sustainable development⁵.

Conclusion

The transformation of the westside area through Phase Herndon II marks a significant milestone in creating a thriving, inclusive community. This master plan seamlessly integrates residential, retail, and commercial spaces, offering a mixed-use environment that enhances urban living⁶.

The development’s focus on affordable housing, with 170 income-restricted units, ensures accessibility for individuals across various income levels. This approach, combined with market-rate options, fosters a diverse and vibrant community along Northside Drive⁷.

Economic growth is a key benefit, with the creation of over 5,000 permanent jobs and improved infrastructure. The mid-rise building design and proximity to attractions like the stadium make it an attractive destination⁸.

As part of a larger master plan, this phase aligns with efforts to revitalize historic areas, enhancing community services and public infrastructure. The inclusion of a grocery store and other amenities further supports resident well-being⁶.

Stay informed about leasing opportunities and future updates by visiting Atlanta’s real estate market insights. This project embodies growth, community, and opportunity, setting a benchmark for inclusive urban development.

FAQ

What is Herndon Square Phase II?

Herndon Square Phase II is a mixed-use redevelopment project located along Northside Drive in Atlanta, offering a blend of affordable housing, retail spaces, and community amenities. It is part of a larger master plan to revitalize the area and provide high-quality living options for residents.

How many housing units are planned for Herndon Square Phase II?

The second phase includes approximately 250 residential units, with a mix of apartments and family-friendly options. The project emphasizes affordable housing, ensuring accessibility for a diverse range of income levels.

What amenities can residents expect?

Residents will enjoy access to a community center, outdoor recreational spaces, and on-site parking. The development also features a grocery store and other retail spaces, making it a convenient and self-sustaining community.

Is Herndon Square Phase II part of a larger plan?

Yes, it is part of a master plan to transform the area into a vibrant, mixed-use community. The plan includes infrastructure improvements and integration with nearby business spaces and stadium developments.

How does this project benefit the local community?

The development is expected to create local jobs during construction and operation. It also supports economic growth by attracting new businesses and providing affordable housing options for low- to moderate-income families.

Who is leading the Herndon Square Phase II project?

The project is being developed by Pennrose, a well-known real estate development company with expertise in affordable housing and mixed-use communities. They are committed to delivering high-quality living spaces that align with the needs of the local community.

When is the expected completion date for Herndon Square Phase II?

While the exact completion date has not been finalized, construction is set to begin shortly after the groundbreaking ceremony. Residents can expect updates on the project timeline through official channels.

How does Herndon Square Phase II promote sustainability?

The development incorporates energy-efficient designs and sustainable building practices to minimize its environmental impact. These features ensure the community remains eco-friendly for future generations.