WHAT IS IT?

Alexan 360 will be a 592-unit mid-rise apartment complex in the Old Fourth Ward near the Freedom Parkway/Boulevard intersection. Unit sizes will be 656 square feet to 1,277 square feet and rents will range from $1,055 to $1,800. Amenities will include courtyards, rooftop terraces with views of the Atlanta skyline, swimming pools, club centers and a fitness facility. Trammell Crow Residential is the developer of the $105 million project.

Frank Niemeir/AJC (ENLARGE)

The Alexan 360 apartments just off Freedom Parkway near downtown will boast views of the city skyline from its rooftop terraces.

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WHAT WILL BE THE IMPACT?

More than 800 people will call Alexan 360 home, which is likely to accelerate the resurgence of the Old Fourth Ward between downtown and Inman Park. Nearby, new businesses are adding life to Edgewood Avenue, and a condominium building on John Wesley Dobbs Avenue called Tribute Lofts has drawn prosperous new residents. The King Center and the Jimmy Carter Library and Museum are within walking distance.

WHEN WILL IT BE DONE?

The first units are expected to be available in May 2009. The entire project should be finished in March 2010.