ATLANTA, GA — According to project leaders on Thursday, the demolition of the longstanding Reynoldstown steel plant will commence in a few weeks to make way for the Eastside Trail’s largest residential development to date.
The development will borrow the name of the former steel plant, Stein Steel, and incorporate pieces of the industrial facility throughout the new community to pay homage to its industrial past.
This month, permits were issued to demolish Steen Steel buildings that have stood alongside the former railroad corridor for generations. Neighborhood leaders have previously told Urbanize Atlanta the steel plant had operated for 98 years in that location, which is now considered BeltLine “beachfront,” or a trophy property with 900 feet of frontage along the trail.
Around three dozen developers were ready to buy Stein Steel’s 6.5 acres when they arrived in the market a couple of years ago. Bert Stein, the company’s president, chose plans compiled by homebuilder Empire Communities, a Canada-based company that expanded across the Southeast and Texas, with more explosive growth recently across in-town Atlanta.
“We closed on the property late last month, and the [steel] operation has wound down,” Empire’s director of operations, Saba Loghman, said this week. “We’re moving forward with the project and breaking ground this summer.”
Empire’s plans call for building 276 residential units, all of them for sale.
The residential development will have various product types, from smaller one-bedroom condos to three-bedroom townhomes similar to other Empire communities, which now span from East Lake to the Westside, Summerhill, and Buckhead.
Empire representatives said that the homes would range from roughly $300,000s to $600,000s. Plans call for three distinct sections — the Milltown, Modern Hybrid, and Modern districts — denoted by different architecture styles referencing Reynoldstown’s character and the site’s industrial history.
The first homes are expected to be delivered in the third quarter of next year.
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