Atlanta Housing and Hunt Break Ground on Herndon Square in Atlanta
Retrieved on:
Wednesday, January 8, 2020
Herndon Square is located on 12.3 acres of the former Herndon Homes public housing site, located at Cameron Madison Alexander Boulevard and Northside Drive on Atlanta's Westside.
Key Points:
- Herndon Square is located on 12.3 acres of the former Herndon Homes public housing site, located at Cameron Madison Alexander Boulevard and Northside Drive on Atlanta's Westside.
- The Atlanta Housing Board of Commissioners in 2016 selected Hunt and Oakwood Development Group as the team to redevelop the site into a high-quality, mixed-income, and mixed-use complex.
- Hunt's partners on this project are some of the best in the industry and will ensure that Herndon Square is an asset to the City of Atlanta and its residents."
- The $24 million development budget for Phase 1 was also financed by tax-exempt bonds issued by Invest Atlanta and a ground lease first and second priority mortgage from Atlanta Housing.