Dresden Walk

Cory and I were walking around the Village Place development (Library, Verde, Kaleidoscope, etc.) this week, and we noticed a sign across the street on Dresden. It seems to be a public notice that a developer is doing some preliminary design work for a new development called "Dresden Walk".

I had heard a rumor months ago that the property was under contract to be Two Brookhaven, a high-end residential condo development with homes starting from the $1,000,000 (Bleh!) and a sister property to One Brookhaven which is off of Peachtree across from Cherokee Plaza. There are wonderful houses in my neighborhood with smaller (not by much) price tags, and some of those haven't sold in years. As WhatNowAtlanta wrote about, the condo market is ruining Atlanta, and I cannot imagine much of a market for condos in that price range.

From the Dresden Walk public notice, the developer and consultants are doing some stream remediation/preliminary design to prepare the property for development. This piece of land is the one across from the Mom & Pops convenient store, and runs almost all the way to Fernwood Drive (see map for rough estimate). They have even already torn down the house on the corner of Ellijay and Dresden (it also partially burned last year...). The notice only mentions a "mixed-use residential and commercial development". So who knows what that means. It's definitely a pretty substantial parcel, and the Village Place could use something across the street to spur some more development, and maybe even kick the MARTA plans into gear (one can dream, right?).

My only concern for them is parking- I hope they incorporate a parking deck to accommodate all the recent traffic that has been plaguing that area! Sometimes it's ridiculous if Cory and I just want to stop by the Library to grab a quick beer (now all under $3 a glass!). But I guess that's what city living is like, and it does encourage us to walk the 1 mile over there more often.

We will keep you all posted on this development and any updates-it's most likely still pretty far off (1-2 years). Hopefully they don't clear-cut it and then lose funding or decide to pull out like the Streets of Buckhead project, which is only now starting to move again. But it is exciting to see new development coming- with the success of Village Place, we could use more bars and restaurants!