Bolster Real Estate Partners, a minority-owned real estate firm, is set to break ground this August on The Kourtney at Yates Road, a 122-unit stacked townhome rental 55+ community for active adults. The project is a joint venture partnership between Bolster and Lecrae Moore, a multiple Grammy award winner, New York Times bestselling author and now strategic partner at the real estate firm.
Located in the Red Oak District in South Fulton, the $35-million mixed-use community is designed for empty nesters wanting to lead an active and social lifestyle with street-level retail, resort-worthy experiences and weekly events programming.
The project was first brought before South Fulton’s City Council last July when the developer filed an application to rezone the area from Neighborhood Unit Plan (NUP) to Mixed Use (MIX). While the Planning Commission recommended approval, city staff recommended denial based on the developer’s noncompliance with the future land use map. When the case was revisited in August, the City Council voted to amend the future land use map for the Yates Road project and approve the developer’s application.
“South Fulton is undergoing a resurgence and the Red Oak District where the project is located is experiencing new life, but the active adult market was lacking in terms of housing availability,” said Donald Washington, founding principal at Bolster. “The Kourtney introduces a new product to the submarket and will serve as a catalyst for job creation and growth in the area. We’re excited to break ground on this unique project later this summer.”
(Image Credit: Bolster Real Estate Partners)
Washington and Lecrae Moore first met at a limited partner meeting for Collab Capital, a group built to invest financial, human and network capital to effectively support, grow and sustain Black-owned businesses. They bonded over a passion for community building and addressing the lack of diversity in real estate.
“There is a generally massive disregard for the people that live in the communities where Atlanta development is prominent,” said Moore.” We both share a passion to not just build things to build things, but rather to introduce real estate that betters the community and acts as a catalyst for restoration. The Kourtney is only the beginning of the wave of change coming to Atlanta’s real estate market and I’m grateful to be a part of this journey.”
The Kourtney, named after Donald’s cousin who tragically died of Lupus, will be the first of many Bolster developments in emerging markets across the metro region that will empower legacy residents. In honor of Kourtney, a portion of the developer profits will be donated to lupus research.
The Kourtney offers a variety of studio, one- and two-bedroom residences with private roof terraces, rear connected garage parking, shared courtyards and pocket parks. The community will feature street-level retail, such as a small footprint grocer, wellness center and coffee shop, to make life easier and more enjoyable for residents. There will also be an onsite Lifestyle Concierge, designed to provide resort-worthy experiences beyond the physical amenities, like community-driven weekly programming with nature, arts, entertainment and wellness focuses.
Bolster enlisted Eberly & Associates as the project’s lead civil engineer and landscape architect, best known for its work on local Atlanta projects like The Campus Center at Georgia Tech. Other project partners include Sturgis Construction as general contractor, Joel Jassu as design lead, Hammond & Associates as mechanical engineer, Townsend & Lockett as general counsel, Choate + Hertlein as the architect of record, Impact Development Management as project/construction manager, RangeWater as property manager, Nimble as brand consultant, Dillard Sellers as land use attorney and SSG Realty Partners as land broker.
The Kourtney is expected to be completed in 2023.
Photo Credit: Lecrae Moore
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