CAPITOL GATEWAY & AUBURN POINTE
In 2002, Capitol Redevelopment, LLC, a joint venture of Urban Realty Partners, Trammell Crow Residential, and The Integral Group, was selected by the Atlanta Housing Authority to redevelop Capitol Homes and Grady Homes, two Authority properties located across the Downtown Connector from Georgia’s State Capitol and Grady Hospital, into mixed income housing redevelopments. The redevelopments are part of the Federal Hope VI program to redevelop America’s deteriorating public housing projects into safe, attractive and sustainable neighborhoods. The projects are located on over 70 acres of well-located real estate within an easy walk to the State Capitol and Georgia State University and are surrounded by revitalizing neighborhoods including the Old 4th Ward, the Martin Luther King Historic District and Grant Park.
Capital Gateway contains approximately 450 units of mixed income apartments; Auburn Point contains approximately 304 units of multifamily housing and 324 senior housing apartments. Both projects are supported by revitalized schools, childcare facilities, parks and other neighborhood amenities. These early projects were critical in removing the blight that prevented the surrounding area from being an attractive investment location.