Groundbreak.

Perennial Opens 328-Unit Vela Park in Decatur

Perennial Properties' Vela Park, a 328-unit mixed-use project at 1881 2nd Ave in Decatur, is open, with leasing underway since July and its food hall open as of Aug. 5.

Rendering of Vela Park's main apartment building and leasing center
Rendering of Vela Park's main apartment building and leasing centerImage courtesy of Perennial Properties

Vela Park, a 328-unit mixed-use development at 1881 2nd Ave in Decatur, is open. Perennial Properties developed the project, with architecture by Dynamik Design. Leasing began in July, and the Vela Park Food Works food hall held its grand opening Aug. 5.

The roughly 12-acre site includes 328 residences ranging from studios to two-bedroom apartments plus two- and three-bedroom townhomes, 43 of which are rental townhomes. The food hall has six independent kitchens and a full-service bar with indoor and outdoor seating, alongside about 5,000 square feet of retail, an event stage, and a public greenspace with an activity lawn.

Residential amenities include a pool, two-story clubroom, coworking space, and podcast studio.

The project sits just east of Atlanta's city limits in a corridor that has drawn steady mixed-use and multifamily investment. The food hall and greenspace add commercial and open-space uses to an area previously dominated by residential and light industrial properties.

The project file
Vela ParkCompleted
Open the file ↗
Address
1881 2nd Ave, Decatur, GA 30032
Units
328
Floors
4
Sq ft
130,241
Completion
Aug 5, 2026

Every filing, company, change and story we have on this project, completed as of our latest read of the record.

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