Del American Real Estate Group this month broke ground on SLX Atlanta, a 311-unit apartment complex in Chamblee with ground-level retail, Justin Berryman, director of real estate services for Franklin Street, the company leasing the project, in an email Tuesday told What Now Atlanta.
The project first went before Chamblee’s architectural review board around this time last year.
“The developer has a distinct vision for the atmosphere they are creating and are not interested purely on the ‘bottom line’ per se or signing tenants just to fill up the units,” Berryman said.
“The ideal tenant understands and will cater to both the needs of the apartment residences and surrounding community. That guiding philosophy along with the patience to find the ideal tenant will help separate this project from some of the other mixed use properties around Atlanta.”
SLX Atlanta, at 5211 Peachtree Boulevard near the intersection of Malone Drive, sits on a 3.9-acre site formerly home to Nalley Nissan of Atlanta car dealership which was demolished early-July.
SLX Atlanta has more than 23,000 square feet of retail, restaurant, and office space available, and is expected to debut fall 2018, according to the project’s latest marketing materials.
Plans call for a few “unique” features like a porte-cochere with valet and ride-sharing drop-offs and patios both on the outside of the building and in the pool courtyard for the restaurant spaces.
Family-owned Del American is a “luxury” multifamily apartment community developer representing more than 10,000 residences valued close to $1 billion.