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An apartment building in the shadow of the Mercedes-Benz stadium

Theo

An affordable housing project is making progress on a long-vacant site about a block south of Mercedes-Benz Stadium.

The 420 Chapel St. project, dubbed Lewis Crossing, would take shape just east of Northside Drive and fill a void in the middle of Castleberry Hill’s streets. The fenced, gravelled lot has been vacant for over 15 years, aside from occasional uses as a parking lot.

Plans call for 50 apartments in a five-story structure atop an underground parking level. The developer is listed as Woda Cooper Companies, a company that recently completed a similarly large project in Peoplestown called Stanton Park Apartments.

According to Invest Atlanta, Lewis Crossing is expected to cost around $22 million. The economic development agency is considering a Westside TAD Ascension Fund grant of up to $1 million to help the project get off the ground. Federal and state tax credits are expected to account for about $18 million of the total cost.


Plans for a main residential entrance to the Lewis Crossing project. Woda Cooper Enterprises, via Invest Atlanta


Proximity to The Benz shown on site vacant today. Google Maps

According to a LoopNet listing, the 0.56-acre site is being sold for $2.85 million.

Lewis Crossing is planned to include one- to three-bedroom rentals with amenities such as a gazebo, community garden, fitness center, community room and laundry room. (No golf simulators or saunas).

Construction is expected to begin in March of next year, with a completion time of 18 months, according to Invest Atlanta.

The location has a “very walkable” walk score of 88 and an “excellent” transportation score of 74, with two MARTA stations within a 10-minute walk.


The plan of the five-story site, with underground parking shown at its base. Woda Cooper Enterprises, via Invest Atlanta

All apartments would meet affordability standards and rent for between 50 and 80 percent of the area median income or less, according to Invest Atlanta. The affordability period is expected to last 30 years.

Here is a breakdown of the composition of the accommodation and the rents offered:


Distribution of housing and rents offered in Lewis Crossing. Investing in Atlanta

A row of upscale four-story townhouses was pitched for another vacant lot across the street in 2021, but that project has not moved forward.

Take a closer look at what’s planned for Lewis Crossing in the gallery above.

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