The $9 million, 112-unit apartment community on 4.5 acres at 717 Lee St. is a key element of the redevelopment project. A Bank of America branch was built as phase one. Oglethorpe Place, a 144-unit apartment community, was phase two. The redevelopment is adjacent to the West End MARTA station.

"We built homes from which people can walk to stores and other amenities in West End and be near MARTA for transportation to work and other destinations," Integral Properties vice president Vicki Lundy-Wilbon, says in a prepared statement. "We hope this new community will contribute to a future for West End that is as rich as its past."

Ashley Terrace has 44 one-bedroom units, 689 sf, with monthly rents of $720; 36 two-bedroom/one-bath units, 847 sf, $857; 12 two-bedroom/two-bath units, 989 sf, $872; and 20 two-bedroom/two-bath units, 1,015 sf, $923.