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Deals & Dealmakers

Jamestown Reveals New Details About Signal House: Multi-Family Rental Building Designed For Active Adults & 55+ Community

Jamestown, a global real estate investment and management firm, today announced new details for Signal House, a multi-family rental building designed for active adults and the 55+ community at Atlanta’s iconic Ponce City Market. The apartments, which range from one to three bedrooms, are projected to be available for move-in Q3 2023, with leasing beginning Q1 2023.

Located directly adjacent to the Atlanta BeltLine at North Avenue, Signal House will be a 21-story, 162-unit multi-family rental building providing a digitally integrated living experience. A property app will give residents the ability to book a suite of services, including housekeeping, plant watering, dry cleaning, food delivery & dining reservations, and massage & personal trainer appointments.

With access to a full-service daytime concierge and an onsite lifestyle director, residents will be able to enjoy a social lifestyle through the building’s amenities, including a pool terrace with a shaded grotto lounge and outdoor shower, a multipurpose fitness room with connected outdoor fitness space for group classes and private instruction, wellness rooms for personal treatments, an intimate clubhouse lounge and a dining room complete with a full commercial chef’s kitchen and connected outdoor seating.

Common spaces in the building will also include a rooftop terrace with outdoor grilling, dining and lounging spaces, and community garden plots. The building will feature direct access to the BeltLine, ample bicycle storage, a pet washroom with grooming tubs, tenant storage spaces, secure mail & package rooms, and a flex workspace with conferencing and presentation capabilities.

“Continuing Ponce City Market’s legacy of innovation and neighborhood connectivity, Signal House will offer the 55+ community a unique social and urban living experience,” said Michael Phillips, President of Jamestown. “With direct connectivity to the BeltLine and access to venues for gathering, plus health and wellness experiences, residents will find themselves in a lively, intown community.”

Signal House will also feature 3,300 square feet of BeltLine-fronting retail space and is part of Ponce City Market’s next phase, which includes more than 700,000 square feet of new live, work and shop space. Designed with a focus on sustainability and wellness, the new development will evolve the mixed-used model and structured shopping experience. In addition to Signal House, Ponce City Market is building 619 Ponce, a four-story mass timber loft office building, and a flexible-stay hospitality living building featuring 405 furnished units with short-term and long-term stay options.

Ponce City Market first opened its doors in 2015 and has since been credited as the catalyst for revitalizing Atlanta’s Old Fourth Ward neighborhood. Today, Ponce City Market has become a major employment hub for creative and technology companies, and is currently home to 90 businesses. The new development is projected to bring more than 550 long-term jobs to the campus. In total, Ponce City Market will house some 100 businesses collectively employing more than 5,750 people and will include over 800 residences when the project is complete and fully activated.

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