A skyline view and a cool pool, too
Hill Street Lofts have Melrose Place vibe by Grant Park
Lesa Rosato - For the Journal-Constitution
Sunday, July 24, 2005
You can't hang a price tag on a skyline view — but it doesn't
hurt if it's part of a city bargain.
View from Hill Street Lofts
"You sit out on the balcony and you just have the most amazing
views of Atlanta," said Julie Pendergrass.
She keeps busy as a loan officer and investor and was checking
out the new Hill Street Lofts condominium development as an investment
opportunity when she decided to make it her home instead.
"Even though the whole area is industrial, many of those
companies are moving out, and we are really looking for" a
residential area that can quickly make a name for itself near Grant
Park and Turner Field.
And she's not the only one betting on a brisk future. More and
more condos are going up, and with the construction comes a clean
slate.
Architectural rendering
According to David M. Smith, a development partner with Hedgewood
Development, the area was ripe for reclamation. "You wouldn't
believe the difference in the 'before and after,' " he said. "There
is so much diversity. This is an amazing area, and it's exciting
to see that transformation from old to new."
The 146-unit condo development on 5 acres in the Chosewood Park
area is the largest multifamily EarthCraft project yet, said Smith,
noting that many buyers are drawn to the energy-efficient setup.
Just ask Pendergrass. "I was worried about having high energy
bills because of the huge expanse of windows," she said, "but
I didn't want to cover the windows because of the views," so
the EarthCraft approach was good because it helps keep utility
bills down.
Pool courtyard
Amenities at Hill Street Lofts include a courtyard pool and sun
deck as well as a clubhouse with gym and balconies with a view
of the Atlanta skyline. Step inside and the 10- to 14-foot-high
ceilings, hardwood floors and granite countertops lend an air of
elegance.
Priced from $101,000 to $230,000, Hill Street Lofts has enjoyed
brisk sales. Most of the units in the lower price range have been
snapped up quickly, but you can still find homes in the mid-$100,000s.
Built in two phases, Phase I, which is almost sold out, will have
82 homes in three buildings. Phase II, which is slated for a late
July construction start, will have 64 units in two buildings.
The homes can be customized, and there are several floor plans
to choose from. Pendergrass added French doors, and "my kitchen
and living room have an open, lofty feel even though it's a condo." Young
buyers like herself, she said, are sure to find a little extra
pizazz: "The way the buildings surround the pool, it's very
Melrose Place."
Picture of the completed project
Summary
Address: 1195 Milton Terrace, Atlanta
Information: 404-627-9121 or www.hillstreetlofts.com
Number of units: 146
Style: Stacked flats with high ceilings
Square footage: 650-1,350
Number of floor plans: 24
Price: $101,000-$230,000
Association fee: $123-$250 monthly, depending on size
Amenities: skyline views, courtyard pool and sun deck, clubhouse
with gym, private gated community
Standard features: high ceilings, hardwood and tile flooring,
Roman tubs, granite countertops and spacious balconies
Getting there
From Downtown Atlanta, take I-20 east to Boulevard and turn right.
Turn right on Englewood Avenue (past Grant Park). When it dead-ends,
turn left on Hill Street. At stop sign, go right on Milton Avenue,
then right on Milton Terrace.
