Summary:
- Radnor Property Group and the Madrone Community Development Foundation will develop a 793-bed student housing community at 850 West End Ave., Atlanta, targeting Morehouse and Spelman college students, with completion expected in fall 2028.
- The development will feature 305 units across various configurations and amenities including a 24-hour staffed lobby, fitness center, outdoor recreation, study rooms, and a dog park, enhancing the student living experience.
- The $146.8 million project secured financing through tax-exempt and taxable bonds issued by the Development Authority of Fulton County, with a 50-year lease agreement between West End Avenue P3 LLC (a joint venture of Morehouse and Spelman) and Madrone-MS Student Housing.
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