Adair Park is the latest Downtown West neighborhood to receive some much needed economic development and housing. After years of fighting with Atlanta Public Schools over control of an abandoned schoolhouse in Adair Park, the century old building will be renovated and become The Academy Lofts.
According to Curbed Atlanta, in addition to 5,000 square feet of loft offices for small businesses, artist studios and a 1,300-square-foot coffee shop, the historic redevelopment project will create 35 “micro-units” of affordable “art-force” housing (reserved for artists)—and is utilizing a $1.5-million grant from Invest Atlanta as part of the Housing Opportunity Bond Program—in order to maintain affordability into the future. Funding will also come through historic tax credits.
Slated for completion in early 2019, the project is using local developers, Stryant Investments and Building Insights who have partnered with arts nonprofit The Creatives Project to bring new life to the school, which has been abandoned for nearly 45 years. The auditorium will be converted into an art gallery and community events space.
Neda Abghari, executive director of the Creatives Project, said the concept is the first of its kind in the City of Atlanta. Read more and see renderings …