Renovation Begins at Imperial Hotel in Downtown Atlanta
Columbia Residential and National Church Residences have closed on construction and permanent financing for downtown Atlanta’s 102-year-old Imperial Hotel.
Renovation and construction has begun and the facility will re-open in late 2013 as a permanent supportive housing facility.
The renovation is expected to achieve LEED Gold certification. The historic renovation will follow guidelines of the City of Atlanta Landmarks Commission as well as the National Parks Service.
Columbia Residential and National Church Residences worked with the state of Georgia and the City of Atlanta throughout 2011 to purchase the property from a court receivership.
The new owners will continue to serve low to moderate-income residents exiting homelessness and others with special needs by providing supportive services in a secure, high-quality, affordable rental housing community. Previous Imperial residents, who, earlier this year, were relocated to replacement housing and continuation of supportive services, will have the priority opportunity to return to the renovated facility.
The renovated building will contain 90 fully renovated units, with improved floor plan configuration, fully updated leasing and management offices, resident amenities and spaces for case managers and service providers and onsite security.
JM Wilkerson Construction will serve as general contractor for the project and Surber Barber Choate & Hertlein Architects are the designers. Investments by the State of Georgia and City of Atlanta made the project possible in addition to key investors and lenders such as Georgia Department of Community Affairs, Georgia State Historic Preservation Office, National Affordable Housing Trust, Sugar Creek Realty, Bank of America, The Federal Home Loan Bank of Atlanta and The Corporation for Supportive Housing.
The Atlanta Housing Authority will provide rental assistance for the 90 housing units through the Mayor’s Homeless Demonstration Program.