ATLANTA – Cleveland, Ohio-based GBX Group LLC, in partnership with Atlanta developer Urban Landings, will rehabilitate Winnwood Apartments, a historic multi-family home in Midtown Atlanta that will be converted into affordable housing. Construction of the project is expected to be completed by the fourth quarter.
Winnwood is a 90 year old two story property. When the renovations are complete, the property will have approximately 50 micro and one bedroom units. Communal facilities include covered parking and a dog park. The property is located at 1460 W Peachtree St. NW just 3.2 km from Georgia Tech, less than 1.6 km from Atlantic Station, 2.4 km from Tech Square and 7.1 km from Georgia State University removed.
Urban Landings helped secure Winnwood’s spot on the National Register of Historic Places in 2021 and provided access to historic site tax credits. At the same time, the Ownership Group donated a facade easement to Easements Atlanta, a non-profit organization whose mission is to accept qualifying heritage-listed easement donations from certified historic properties in Atlanta. This donation allows for permanent protection of Winnwood’s exterior design and makes the project eligible for additional tax incentives.