Amsterdam Walk to Break Ground in Spring 2027

Amsterdam Walk, a 1,100-unit mixed-use project at 500 Amsterdam Ave NE near the Beltline's Northeast Trail, is expected to begin construction in spring 2027, with phase-one completion targeted for summer 2029. The Portman Holdings development spans roughly 1.2 million square feet on nearly 11 acres, with building heights capped at a mix of 85 and 95 feet. SOM is the overall designer.

City Council rezoned the site 8-6 in April 2025, allowing up to 1,100 apartments and 150,000 square feet of commercial space. Heights were reduced after neighborhood pushback. Phase one is a $327 million apartment project with 666 multifamily units and 96,452 square feet of commercial space; Dwell Design Studio is the architect.

The project includes 135 affordable units at 50 to 80 percent AMI, plus 39 units at 80 percent AMI locked for 99 years. Invest Atlanta approved $19.3 million in tax-exempt bond financing and a $2 million Beltline TAD grant, along with a nearly $15 million tax break. Parking totals 1,435 spaces plus more than 100 locked bicycle spaces. Amenities include a playground, picnic pavilion, business center, laundry, and public plazas, with 11 pedestrian connections to the Northeast Trail.