Images: Evolution of key Old Fourth Ward corridor set to continue
09.17.25
Images: Evolution of key Old Fourth Ward corridor set to continue
Next phase of City Lights calls for redeveloping Boulevard corner near Atlanta Medical Center
September 17, 2025, 9:14AM Josh Green
The long evolution of Boulevard as a haven of new multifamily housing in Old Fourth Ward is gearing up to continue in a significant way.
Plans are coming into focus for developer Wingate Capital Associates’ sixth phase of City Lights, the master-planned redevelopment of Bedford Pines, a cluster of Department of Housing and Urban Development Section 8 housing along and near Boulevard.
City Lights South calls for replacing several low-rise residential structures at 404 Boulevard NE, beginning next year, near hundreds of other senior and affordable-housing units Wingate has delivered in earlier phases over the past eight years.
The properties in question are situated at the northwest corner of Wabash Avenue and Boulevard, about a block north of Atlanta Medical Center, where demolition for eventual redevelopment is underway.
Row of properties where 159 multifamily units are planned along Boulevard.
According to an Invest Atlanta overview, City Lights South plans call for 159 additional multifamily units overall.
All apartments would be reserved for tenants earning 60 percent of the Area Median Income or less. Projected rents will range from $1,325 monthly for a studio (512 square feet), up to $2,650 monthly for one of two three-bedroom options (1,218 square feet) in the building, per Invest Atlanta.
The largest share of apartments—83 units total—is expected to be two-bedroom options (933 square feet).
The project will be supported by a HUD Housing Assistance Payment Contract, meaning that residents will not be required to pay more than 30 percent of their income, according to Invest Atlanta.
Amenities at City Lights South call for a computer lab, fitness center, community room, children’s activity center, laundry facilities, and an outdoor communal area on the top parking podium level.
The project’s previously approved total budget was $59 million, and the amended total is now $72.7 million
Invest Atlanta is expected to approve a $73-million lease purchase bond as a funding tool for the next City Lights phase. Financiers include the Urban Residential Finance Authority, PGIM Real Estate, Churchill Stateside Group, and US Bank, with Georgia Department of Community Affairs tax credits also being used.
According to Invest Atlanta, the two-year construction schedule for City Lights South calls for breaking ground next year and opening the building in 2028.
Find more context and imagery for the planned sixth phase of City Lights in the gallery above.
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Images: Evolution of key Old Fourth Ward corridor set to continue
Next phase of City Lights calls for redeveloping Boulevard corner near Atlanta Medical Center
The long evolution of Boulevard as a haven of new multifamily housing in Old Fourth Ward is gearing up to continue in a significant way.
Plans are coming into focus for developer Wingate Capital Associates’ sixth phase of City Lights, the master-planned redevelopment of Bedford Pines, a cluster of Department of Housing and Urban Development Section 8 housing along and near Boulevard.
City Lights South calls for replacing several low-rise residential structures at 404 Boulevard NE, beginning next year, near hundreds of other senior and affordable-housing units Wingate has delivered in earlier phases over the past eight years.
The properties in question are situated at the northwest corner of Wabash Avenue and Boulevard, about a block north of Atlanta Medical Center, where demolition for eventual redevelopment is underway.
Row of properties where 159 multifamily units are planned along Boulevard.
According to an Invest Atlanta overview, City Lights South plans call for 159 additional multifamily units overall.
All apartments would be reserved for tenants earning 60 percent of the Area Median Income or less. Projected rents will range from $1,325 monthly for a studio (512 square feet), up to $2,650 monthly for one of two three-bedroom options (1,218 square feet) in the building, per Invest Atlanta.
The largest share of apartments—83 units total—is expected to be two-bedroom options (933 square feet).
The project will be supported by a HUD Housing Assistance Payment Contract, meaning that residents will not be required to pay more than 30 percent of their income, according to Invest Atlanta.
Amenities at City Lights South call for a computer lab, fitness center, community room, children’s activity center, laundry facilities, and an outdoor communal area on the top parking podium level.
The project’s previously approved total budget was $59 million, and the amended total is now $72.7 million
Invest Atlanta is expected to approve a $73-million lease purchase bond as a funding tool for the next City Lights phase. Financiers include the Urban Residential Finance Authority, PGIM Real Estate, Churchill Stateside Group, and US Bank, with Georgia Department of Community Affairs tax credits also being used.
According to Invest Atlanta, the two-year construction schedule for City Lights South calls for breaking ground next year and opening the building in 2028.
Find more context and imagery for the planned sixth phase of City Lights in the gallery above.
Source: https://atlanta.urbanize.city/post/boulevard-city-lights-development-old-fourth-ward-corridor-images