Timshel Development, Gateway Cos. Plan 108-Unit Affordable Community in Atlanta

by Jeff Shaw

ATLANTA — Timshel Development Group, in collaboration with The Gateway Cos. and the Atlanta Housing Authority, has purchased 4.3 acres of vacant land in Atlanta for Harmony at Bakers Ferry, an affordable seniors housing development.

Located on the west side of Atlanta, the property will feature 108 units.

Atlanta Housing Authority will own the plot and lease it to the developers. Douglas Calderwood with New South Realty Associates represented the housing authority in the acquisition. Perry Hayes with Bull Realty Inc. represented the seller, Executive Real Estate. The price and a timeline for development were not disclosed.

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