A mixed-use apartment complex in Old Fourth Ward, first proposed in 2022, is showing new signs of life, but without a major supermarket tenant.
Located at the busy corner of Highland Avenue and Boulevard, diagonally across from the former Wellstar Atlanta Medical Center, the property is being developed by Fuqua and Northwood Ravin.
The Bowery will consist of 273 apartments and 12 townhomes spread across seven stories. Fifteen percent of the units will be reserved for households earning at or below 80% of the area median income.
There will also be retail space on the property, but Urbanize Atlanta reported that The Bowery lost its supermarket prospects due to the shuttered Atlanta Medical Center, which will eventually be transformed into a mixed-use development called BLVDNEXT.
A Northwood Ravin development partner told Urbanize Atlanta that the vacant medical center site “scared away our grocer contacts” due to reduced jobs and daytime traffic in the area.
The original plan for The Bowery called for 53,000 square feet of retail space, but it has been significantly scaled back to 12,000 square feet.
The $122 million Bowery project will begin this fall with delivery in 2028.