Rezoning from R-4 to MR-3 Approved for 40-Unit Multi-Family Apartment Complex with Affordable Housing Component

• When: 2025/11/03
• Address: 123 Main Street
• City: Atlanta
• State: GA
• Category: Spot Rezoning
• Subcategory: Residential Rezoning
• Asset Class: Multifamily
• Property Type: Affordable Housing
• Size (SF): 35,000 SF
• Size (AC): 1.5 AC
• Size (Units): 40 Units
• Size (Dollars): $12,000,000
• New Zoning: MR-3
• New Zoning Description: Multi-Family Residential District - permits multi-family dwellings, townhouses, and other residential structures at a density of up to 30 units per acre
• Previous Zoning: R-4
• Previous Zoning Description: Single-Family Residential District - permits detached single-family dwellings on minimum lot sizes of 10,000 sq ft

The City Council of Atlanta approved a rezoning application for property located at 123 Main Street, Atlanta, GA, from R-4 (Single-Family Residential) to MR-3 (Multi-Family Residential). The approval facilitates the development of a 40-unit multi-family apartment complex. The council discussion highlighted the need for more affordable housing options in the area. The approval was contingent upon the developer allocating 10% of the units as affordable housing for households earning up to 80% Area Median Income (AMI) for a period of 20 years. Additionally, the developer agreed to preserve existing mature trees along the western property line and contribute $50,000 to the city's parks improvement fund. The vote was 7-2 in favor.

Source