Quill

Atlanta, GA

Role: Developer and Equity Partner

This 208-unit, market rate, multifamily building and adjacent parking deck complete the master plan campus at the Edgewood Candler Park MARTA station.

1460 La France Street NE,
Atlanta, GA 30307

Project type
Urban infill, ground up, TOD, mixed use, ground lease
TDC
$ 0 Million
Deal level returns
28.8% IRR and 2.39x multiple
placed in service
Q1 2022
Exit timing
Q2 2023
investment hold period
4 years
program
208 Class A Apartments, 7,500 SF Neighborhood Commercial
Financing Method
Conventional Debt, Lease Purchase Revenue Bond (Tax Abatement), Private Equity
Financial Partners
Ameris Bank (Lender), Radco (Equity), Invest Atlanta

Quill responds to current market demands with multifamily units and commercial activation.

Completing the master plan campus at the Edgewood Candler Park MARTA Station, Quill represents the last phase of development, and includes ground-up construction of a 208-unit market rate multifamily building and adjacent parking deck that welcomed the first residents in April 2022.

We incorporated feedback received during lease-up of Spoke (the first phase of development on the campus) and created a unit mix that directly responds to the current market demands, offering slightly smaller units than the initial phase, while still placing careful attention on the quality and diverse entertainment opportunities the amenities have to offer.

In rounding off the mixed-use intent and plan of this Edgewood TOD campus, Quill included a retail and commercial activation overlooking the park greenspace in the form of a stand-alone, two-story, 7,500 sqft commercial building. The commercial building boasts a strong mix of tenants, with a full restaurant activation with alcohol service combined with a wine and cheese boutique shop on the ground floor with both indoor and outdoor seating. The upper floor houses several varied office users. 

other Work
Apartments + Commercial
Decatur East
Apartments + Office + Retail
Union Terminal Warehouse