Trending...
- Colorado: It's Election Day! Governor Polis Encourages Coloradans to Vote
- Colorado: It's Election Day! Governor Polis Encourages Coloradans to Vote
- Colorado Springs: City to observe Veterans Day Monday, Nov. 11
RIVERDALE, Ga. - ColoradoDesk -- OneStreet Residential, one of Atlanta's premier affordable housing developers, announces the closing of HearthSide Riverdale, a mixed-income community for residents aged 62+ on a 2.64-acre site located at 6795 Powers Street in Riverdale. The community is slated for completion in early 2026
"OneStreet Residential is excited to finally start construction on HearthSide Riverdale," said Managing Partner Brendan Barr. "The first time I met with Riverdale Mayor Wynn-Dixon was on a visit to HearthSide Lafayette in Fayetteville. When we finished touring the community, she turned to us and asked if we could 'just pick up this building and place it in the heart of her community.' It has taken 5 years working tirelessly with the city, DreamKey Partners, and the Georgia Department of Community Affairs, but I am honored that OneStreet can bring a much-needed housing option to great communities like Riverdale."
More on Colorado Desk
HearthSide Riverdale will have 70 1- and 2-bedroom apartment homes in a traditional, 4-story building, 12 of which will be priced at market rents, with the remaining 58 units set aside for senior residents earning up to 60% of the area median income. The community will be gated and provide residents with amenities designed to foster friendships and connection, including a Community Room, Bistro, Multimedia Room, Game Room, Resident Gardens, and more. In addition, a Resident Services Coordinator will work with the site team to plan a variety of programs and events designed to improve the health and well-being of residents.
"This community marks a significant milestone for Riverdale as we welcome HearthSide into the City of Riverdale," said Mayor Evelyn Wynn-Dixon. "This project embodies our commitment to enhancing our community by providing quality housing options. I am excited to see how this development will enrich the lives of our residents and contribute to the growth and vitality of our city."
More on Colorado Desk
HearthSide Riverdale will be the 11th HearthSide community developed by OneStreet Residential, bringing the total number of housing units in the brand to 1,051. The HearthSide portfolio includes both 55+ and 62+ communities located throughout the metropolitan Atlanta area, a majority of residences falling into the LIHTC program for residents between 30% - 60% Area Median Income.
Since 1986, OneStreet Residential has developed more than 8,300 rental homes and built a reputation as one of the Southeast's premier affordable and mixed-income multifamily developers and operators. We've been developing affordable housing since 1990 and have an extensive track record of successful public-private partnerships in which we have utilized a wide variety of financing mechanisms. OneStreet Residential is an award-winning developer, owner, and property manager focused on developing beautiful properties designed to enrich the lives of residents and serve as a source of pride for surrounding neighborhoods and investors.
"OneStreet Residential is excited to finally start construction on HearthSide Riverdale," said Managing Partner Brendan Barr. "The first time I met with Riverdale Mayor Wynn-Dixon was on a visit to HearthSide Lafayette in Fayetteville. When we finished touring the community, she turned to us and asked if we could 'just pick up this building and place it in the heart of her community.' It has taken 5 years working tirelessly with the city, DreamKey Partners, and the Georgia Department of Community Affairs, but I am honored that OneStreet can bring a much-needed housing option to great communities like Riverdale."
More on Colorado Desk
- Patton Releases new Data Diode Software to Control Data Transport over Secure One-Way Data Diodes
- Boulder SEO Marketing Releases Comprehensive Guide on Local SEO for Businesses
- Events by Dubsdread Launches New Website, Showcasing Central Florida's Premier Event and Catering Services
- Vantiva Launches HomeSight™ Connected Care Suite for Australia's Home Care Market
- Revealing Genius Announces Members of its Newly Formed Medical Military Veteran Advisory Board
HearthSide Riverdale will have 70 1- and 2-bedroom apartment homes in a traditional, 4-story building, 12 of which will be priced at market rents, with the remaining 58 units set aside for senior residents earning up to 60% of the area median income. The community will be gated and provide residents with amenities designed to foster friendships and connection, including a Community Room, Bistro, Multimedia Room, Game Room, Resident Gardens, and more. In addition, a Resident Services Coordinator will work with the site team to plan a variety of programs and events designed to improve the health and well-being of residents.
"This community marks a significant milestone for Riverdale as we welcome HearthSide into the City of Riverdale," said Mayor Evelyn Wynn-Dixon. "This project embodies our commitment to enhancing our community by providing quality housing options. I am excited to see how this development will enrich the lives of our residents and contribute to the growth and vitality of our city."
More on Colorado Desk
- Virtuleap Launches Cogniclear VR for Early Cognitive Screening
- Family Office Real Estate Institute to Host Exclusive Investment Forum for Family Offices and Family Office Executives in Breckenridge, CO
- Veterans Day: CCHR Calls for Safeguards Against Drugging & Electroshocking Vets
- Green Action League: Arsenal, Los Angeles Rams, Denver Nuggets, and Colorado Avalanche launch international sustainability competition
- Axiros is Proud to Announce a New Release of their Telco WiFi Expert System – AXWIFI 2.7.1
HearthSide Riverdale will be the 11th HearthSide community developed by OneStreet Residential, bringing the total number of housing units in the brand to 1,051. The HearthSide portfolio includes both 55+ and 62+ communities located throughout the metropolitan Atlanta area, a majority of residences falling into the LIHTC program for residents between 30% - 60% Area Median Income.
Since 1986, OneStreet Residential has developed more than 8,300 rental homes and built a reputation as one of the Southeast's premier affordable and mixed-income multifamily developers and operators. We've been developing affordable housing since 1990 and have an extensive track record of successful public-private partnerships in which we have utilized a wide variety of financing mechanisms. OneStreet Residential is an award-winning developer, owner, and property manager focused on developing beautiful properties designed to enrich the lives of residents and serve as a source of pride for surrounding neighborhoods and investors.
Source: OneStreet Residential
Filed Under: Real Estate
0 Comments
Latest on Colorado Desk
- Bigfella Auto Express Launches: Expanding the Bigfella Brand into Auto Transport with a Vision for Innovation and Growth
- Red Power Energy Launch TribalSolarKids.com – FreeYouth Solar Education Programs
- Colorado Springs: Seven individuals recognized at Mayor's Young Leader Awards
- PLAYA BOWLS CONTINUES MOMENTUM IN THE THIRD QUARTER WITH 52 SIGNED FRANCHISE COMMITMENTS & 11 NEW SHOPS
- ASI Celebrates 26th Annual iNNOVATIONS Conference Across Three Regions, Honors Award Winners for Excellence
- Avoid Delays by Settling Your Workers' Compensation Case in Glenwood Springs Before Year-End
- The Royalty Network Celebrates 30th Anniversary of Business and Excellence
- Neoware appoints Suresh Sundaram as Strategic Advisor
- Electric Vehicle Industry Grows Despite Challenges: A Promising Future Ahead
- Prestigious Script Recognition for Theodore's Journey
- Local Veteran Selected for GreenPoint Roofing's 7th Annual Veterans Day Roof Donation Program
- Dave Alexander Center for Social Capital Announces Ten Core Principles of Social Capital Leaders
- Connecticut Valley Homes Receives Honorable Mention for the Charlestown Contemporary Farmhouse
- Tayelor Kennedy Launches Website, TayelorKennedy.com, Offering Personalized Ayurvedic Solutions
- Colorado Governor Jared Polis's Statement on the Election of President-Elect Trump & Vice-President-Elect Vance
- City of Colorado Springs Administrative Offices open regular hours Wednesday
- Colorado Springs: Mayor Yemi shares reaction to the passing of Ballot Issue 2C
- Dubai Realty Network: Buy, Sell, and Rent in Dubai's Iconic Zones, A Premium Marketplace for Expats and Luxury Home Seekers
- Boulder SEO Marketing Publishes Case Study on Driving Growth for Industrial Equipment Leader
- EasySmile Implant Studio's Launches New Website!