Construction Commences July 2015
Thursday, July 9, 2015 10:30 a.m.
1777 Harvard Avenue College Park,
Transit Oriented Development
The development is 400 feet from MARTA College Park Station which is the first stop from Hartsfield-Jackson Atlanta International Airport.
Designed to be livable and walkable to mass transit and local amenities such as restaurants and retail shops. Its proximity to the world’s busiest airport provides walkable interconnectivity to the amenities that support the airport. Amenities in this development such as a swimming pool, a dog park and a sky lounge add to the preferred lifestyle living of our clientele.
Incorporated in 1895, College Park is home to more than 850 properties listed on the National Register of Historic Places.
Air Realty LLC is a development firm with strategic focus on transit-oriented development (TOD). Our strategic focus aims to create a vibrant, walkable and livable urban community close to mass transit. Air Realty LLC mixed-use developments include a long list of desirable lifestyle amenities that enhance the multi-family residential choice. As millennials influence residential trends toward rental living over ownership, our development and marketing concepts are designed to appeal to this preference.
Based on our transit price premium study, the benefit of access to mass transit results in price elasticity with less impact on demand for these rental properties. Recent studies show that millennials are increasingly opting out of car ownership. As a result, local parking regulators are now inclined to relax the required parking space-to-unit ratio for qualified TOD developments. Savings from this reduction in costly parking space boosts the investment yield.
Our criteria for site selection will be primarily focused on TOD opportunities. To further ensure the success of the development projects, our site selection will also considers proximity to job clusters such as major airports, office and educational campus and medical centers.
To develop economic, social and environmental sustainable communities that are respectful of the local cultural traditions while moving humanity forward.
Commitment to excellence and utmost integrity in the conduct of our business either externally with our clientele or internally with our employees and consultants working on behalf of the firm.
Observe a consistent and persistent attitude towards a given task while challenging a status quo by way of instituting creative and practical solutions.
Uphold a code of accountability to all our stakeholders - customers, investors, employees and the community.
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