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Mixed-Housing Pioneer Noel Khalil Dies At 70

  • Columbia Ventures

Columbia Residential and Columbia Ventures CEO Noel Khalil, a giant in Atlanta affordable housing development, died Monday after a three-year battle with cancer, Columbia executives told Bisnow. He was 70.

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In 2013, Khalil formed Columbia Ventures, a market-rate and mixed-use division that partnered in the development of Studioplex in the Old Fourth Ward, Beacon Station in Augusta, and the transit-oriented mixed-use development connected to the Avondale MARTA station and Edgewood/Candler.

Columbia developed, owns and manages a number of projects around the Southeast, including the Villages at East Lake Gardenside, Amani Place in Edgewood, Capitol View Apartments, and many other Columbia-branded apartments and senior housing complexes in the city. Between 2018 and 2020, Columbia Residential and Columbia Ventures have invested in excess of $500M in 2,500 units of both affordable, mixed-income and market-rate units.

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Source: BISNOW – Atlanta

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

  • Studioplex

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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Photos: Pittsburgh Yards opens along the Beltline in SW Atlanta

  • Pittsburgh Yards

It’s called Pittsburgh Yards®, a mixed-use development that will eventually span 31 acres off University Avenue along the BeltLine in southwest Atlanta.

In this first image in a new photographic series, pictured is The Nia Building℠ at Pittsburgh Yards. The building is a professional and maker space in the Pittsburgh neighborhood in southwest Atlanta as of Tuesday, September 7, 2021.

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Source: The Atlanta Journal-Constitution

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