Avila Real Estate and Hedgewood Homes plan a two-site residential development around downtown Avondale Estates. The city’s current plan calls for 300 apartments and 38 for-sale homes at Maple Street, and 400 apartments and 72 for-sale homes at Oak Street.
About $350 million in private investment would accompany new streets, utilities and stormwater improvements. The city anticipates construction starting in May 2027, with a five-year build-out subject to market conditions. Hedgewood intends to begin with North Maple Street homes; Avila plans stormwater work and roads before the first Oak Street apartment building.
Why it matters
It's one of the largest single redevelopment bets in DeKalb's inner suburbs, and the city is subsidizing it directly through its own tax district.
Sources and documents4 sources
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