A new 60-unit apartment community is set to break ground this week in East Point. Gorman & Company will develop the project in East Point. The project will support the focus on transit-oriented affordable housing.
Groundbreaking Ceremony to Launch Affordable Housing Initiative
Gorman & Company will break ground on The Fifty-Five in East Point on Friday, March 27, 2026. The project will deliver a 60-unit mixed-income, mixed-use apartment community. The development is located at 2855 East Point Street near the East Point MARTA Station.
The Fifty-Five reflects the city of East Point’s commitment to affordable, transit-oriented housing. It promises to offer resident-focused amenities and comfort once completed.
“The Fifty-Five represents the kind of intentional, community-driven development that makes a lasting impact,” said Joel Reed, Southeast Market President, Gorman & Company. “By creating new affordable housing in a multi-modal location, we’re helping ensure East Point residents can remain in the community they call home while continuing to thrive.”
Features of The Fifty-Five
The Fifty-Five will offer one-, two-, and three-bedroom apartments for households earning 30% to 80% of the Area Median Income (AMI). It will include amenities such as a fitness center and a computer lab. There will also be a community space and outdoor gathering areas to encourage connection and neighborhood engagement.
The family-focused development will add much-needed housing options to the city. It will also support long-term economic stability in East Point.
Gorman & Company’s Track Record
Gorman & Company has been recognized as a top affordable housing developer for over a decade. It has developed affordable, workforce, public, and senior housing across the U.S. Its fully integrated platform is led by a team of industry experts who provide the highest level of customer care.
The Fifty-Five marks another step in expanding accessible housing in East Point. The project combines affordability with a transit-accessible location, supporting residents and the city’s continued growth.
