Developers have unveiled plans for a large-scale, mixed-income village near Mercedes-Benz Stadium they say will boost Atlanta’s affordable housing stock and continue a resurgence that’s percolating west of Midtown and downtown.

The $150-million, mixed-use masterplan calls for a variety of about 700 new housing units, with commercial facilities, communal spaces, a new fitness center, and retail offerings dotted throughout.

The village would rise along Northside Drive — on the 12-acre site of the former Herndon Homes public housing project — about mile north of the Atlanta Falcons’ new roost.

The Atlanta Housing Authority has chosen developer Hunt Companies, who will partner with Atlanta-based Oakwood Development Group, from a pool of bidders. In the last three decades, Hunt has built more than 90 projects and 12,000 units with different housing authorities, officials said.

No name for the venture was provided, but early renderings suggest at least one building could pay homage to the site’s past.

In a press release, Hunt’s CEO Chris Hunt said the project will "help improve community connections, help offer more jobs for the local area, and offer quality of homes for all."

According to developers, plans call for an intimate, walkable urban experience, "with a maximum amount of pedestrian access throughout the site to anchor institutions and mass transit."

The announcement isn’t the only sign of positive momentum in the area.

A couple of blocks away in Vine City, the city is partnering with The Trust for Public Land to finally set plans for 16-acre Mims Park in motion. Officials have likened the greenspace — which is planned to break ground this year and will feature a large storm-water retention pond — the Westside’s version of Historic Fourth Ward Park.

In May, officials unveiled a spruced-up Vine City Park, a project that doubled the former greenspace’s size and consumed blighted, vacant apartment buildings.