The lawyer "is resting comfortably" and said to be "over the moon to welcome her bundle of joy into the world," a source close to the family revealed.
Phaedra's husband, Apollo Nida, was by her side during the labor.
"Plans are for their two-year-old son, Ayden, to meet his little brother later today when he comes to visit him," the insider added.
The working mom continues to amaze her friends and family, including costar Kandi Burruss, who recently gushed about how Parks was able to maintain her multiple hats whilst remaining "loose and fun and a good time -- all the time."
“Phaedra Parks, regardless of what anybody says, she is on top of her business when it comes to her field in law,” she said.
“I just love her work ethic and I hate when people try to portray her as she doesn’t, you know, do what she’s supposed to do. That is absolutely not true. My experience with her has been top-notch."