How a new BeltLine project reflects demand for apartments in a pandemic

A new 114-unit building at 678 Edgewood, part of the 23-year-old Studioplex development on Atlanta’s BeltLine, shows how multifamily developers have adjusted to the realities of pandemic apartment hunting.

Columbia Ventures is outfitting the $37 million project with 80% studios and one-bedrooms, a unit mix that might have once seemed “avant-garde” to other apartment developers,” said the firm’s managing partner Dillon Baynes. Even today, many developers still plan just 50% of their units as studios or ones.

Baynes, however, said times have changed.

“COVID solidified our thesis,” Baynes said. “A lot of folks want to live without a roommate.”

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Source: Atlanta Business Chronicle

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