Asana Spins Off 2 Atlanta Retail Centers
Asana Spins Off 2 Atlanta Retail Centers
Asana Partners sold the Plaza on Ponce and Morningside Village shopping centers in separate transactions for a combined price of $67.5 million. Atlanta-based 26th Street Partners was the buyer.
The Atlanta Business Chronicle reported that the Majestic Diner and Plaza Theater signed long-term leases at Plaza on Ponce before the sale.
Asana entered the Atlanta market in 2017 with its purchase of Plaza on Ponce, a historic shopping center on Ponce de Leon Avenue. It paid $18.1 million in 2017. It recently sold for $36.1 million.
Asana bought Morningside Village in 2018 for $21 million. The center spans two sides of North Highland Avenue and includes tenants such as The Family Dog. The property just sold for $31.4 million.
The post Asana Spins Off 2 Atlanta Retail Centers appeared first on Connect CRE.
Asana Partners sold the Plaza on Ponce and Morningside Village shopping centers in separate transactions for a combined price of $67.5 million. Atlanta-based 26th Street Partners was the buyer. The Atlanta Business Chronicle reported that the Majestic Diner and Plaza Theater signed long-term leases at Plaza on Ponce before the sale. Asana entered the Atlanta …
The post Asana Spins Off 2 Atlanta Retail Centers appeared first on Connect CRE. Read MoreAtlanta Commercial Real Estate News
Asana Partners sold the Plaza on Ponce and Morningside Village shopping centers in separate transactions for a combined price of $67.5 million. Atlanta-based 26th Street Partners was the buyer. The Atlanta Business Chronicle reported that the Majestic Diner and Plaza Theater signed long-term leases at Plaza on Ponce before the sale. Asana entered the Atlanta …
The post Asana Spins Off 2 Atlanta Retail Centers appeared first on Connect CRE.
Massive Data Center Complex Planned for Coweta County
Massive Data Center Complex Planned for Coweta County
Atlas Development is exploring the possibilities of constructing 13 data centers about 40 miles outside Atlanta in Coweta County. The project, expected to cost $17 billion at full buildout, is far from a done deal. The company’s proposal must contend with power needs that exceed those of the county’s households. Through 2037, data centers will account for almost 83% of Georgia Power’s electricity demand from large potential new customers.
In addition, the company must manage the huge water and sewer requirements for a project of this size.
The project would rise on 800 acres near Newnan on a tract off U.S. 27 bounded by Wagers Mill and Welcome to Sargent roads. Each data center would be 378,000 square feet, with the whole project spanning almost 5 million square feet.
The Atlanta Business Chronicle reports Coweta County estimates the project would generate almost $1.6 billion in annual tax revenue.
The post Massive Data Center Complex Planned for Coweta County appeared first on Connect CRE.
Atlas Development is exploring the possibilities of constructing 13 data centers about 40 miles outside Atlanta in Coweta County. The project, expected to cost $17 billion at full buildout, is far from a done deal. The company’s proposal must contend with power needs that exceed those of the county’s households. Through 2037, data centers will …
The post Massive Data Center Complex Planned for Coweta County appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Atlas Development is exploring the possibilities of constructing 13 data centers about 40 miles outside Atlanta in Coweta County. The project, expected to cost $17 billion at full buildout, is far from a done deal. The company’s proposal must contend with power needs that exceed those of the county’s households. Through 2037, data centers will …
The post Massive Data Center Complex Planned for Coweta County appeared first on Connect CRE.
Asana Partners sells Plaza on Ponce, Morningside Village retail centers
Asana Partners sells Plaza on Ponce, Morningside Village retail centers
Atlanta-based 26th Street Partners was the buyer.
Atlanta-based 26th Street Partners was the buyer. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
Atlanta-based 26th Street Partners was the buyer.
Asana Partners sells Plaza on Ponce, Morningside Village retail centers
Asana Partners sells Plaza on Ponce, Morningside Village retail centers
Atlanta-based 26th Street Partners was the buyer.
Atlanta-based 26th Street Partners was the buyer. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
Atlanta-based 26th Street Partners was the buyer.
All hail Old Fourth Ward, your 2024 tournament champion!
All hail Old Fourth Ward, your 2024 tournament champion!
All hail Old Fourth Ward, your 2024 tournament champion!
Josh Green
Thu, 01/02/2025 – 14:23
After two weeks of spirited competitions, the Best Atlanta Neighborhood 2024 tournament has come to a close, and Old Fourth Ward has officially triumphed as this year’s victor!
Nearly 4,500 votes came in across all contests in the 16-seed tourney. That goes to show how Atlanta is truly a patchwork of wonderful neighborhoods and ITP places, a city brimming with neighborhood pride.
In taking the 2024 crown, Old Fourth Ward is only the second Atlanta neighborhood to become a REPEAT champ in this hallowed, criteria-free competition, following West End’s triumphs in both 2015 and 2017.
Here’s a quick recap of Old Fourth Ward’s difficult path to glory in this year’s competition:
Round 1: Escorted Adair Park to the door
Elite Eight: Edged Summerhill
Final Four: Soundly defeated neighboring Inman Park
Championship: Bumped out EAV
As usual, Beltline-connected O4W’s happenings this year were numerous. Two high-rise hospitality concepts—New City’s diamond-patterned Forth hotel and the Scout Living tower over Ponce City Market—opened in 2024, as rare for-sale condos debuted nearby at The Leon on Ponce. Elsewhere on Ponce, a Complete Streets overhaul came together as an effort to improve pedestrian and bike connections between Boulevard and John Lewis Freedom Parkway. Meanwhile, the Atlanta Civic Center redo edged toward groundbreaking, and the relatively affordable evolution of Boulevard continued to rise—to name just a few highlights of another busy year in this booming intown nabe.
Throughout the end of 2024 and now 2025, Old Fourth Ward proved itself exceptionally proud and capable of rallying support.
Here’s permission to keep on bragging, O4W, all year long!
…
The hallowed pantheon of Best Atlanta Neighborhood tournament winners:
2011: Inman Park
2012: Old Fourth Ward
2013: Kirkwood
2014: Reynoldstown
2015: West End
2016: East Atlanta
2017: West End (again)
2018-2020: (forced hiatus)
2021: Mozley Park
2022: Avondale Estates
2023: Hapeville
2024: Old Fourth Ward
…
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• Old Fourth Ward news, discussion (Urbanize Atlanta) (Urbanize Atlanta)
All hail Old Fourth Ward, your 2024 tournament champion!
Josh Green
Thu, 01/02/2025 – 14:23
After two weeks of spirited competitions, the Best Atlanta Neighborhood 2024 tournament has come to a close, and Old Fourth Ward has officially triumphed as this year’s victor!
Nearly 4,500 votes came in across all contests in the 16-seed tourney. That goes to show how Atlanta is truly a patchwork of wonderful neighborhoods and ITP places, a city brimming with neighborhood pride.
In taking the 2024 crown, Old Fourth Ward is only the second Atlanta neighborhood to become a REPEAT champ in this hallowed, criteria-free competition, following West End’s triumphs in both 2015 and 2017.
Here’s a quick recap of Old Fourth Ward’s difficult path to glory in this year’s competition:
Round 1: Escorted Adair Park to the door
Elite Eight: Edged Summerhill
Final Four: Soundly defeated neighboring Inman Park
Championship: Bumped out EAV
As usual, Beltline-connected O4W’s happenings this year were numerous. Two high-rise hospitality concepts—New City’s diamond-patterned Forth hotel and the Scout Living tower over Ponce City Market—opened in 2024, as rare for-sale condos debuted nearby at The Leon on Ponce. Elsewhere on Ponce, a Complete Streets overhaul came together as an effort to improve pedestrian and bike connections between Boulevard and John Lewis Freedom Parkway. Meanwhile, the Atlanta Civic Center redo edged toward groundbreaking, and the relatively affordable evolution of Boulevard continued to rise—to name just a few highlights of another busy year in this booming intown nabe.
Throughout the end of 2024 and now 2025, Old Fourth Ward proved itself exceptionally proud and capable of rallying support.
Here’s permission to keep on bragging, O4W, all year long!
The Golden Urby Chalice of Champions 2024.
…
The hallowed pantheon of Best Atlanta Neighborhood tournament winners:
2011: Inman Park
2012: Old Fourth Ward
2013: Kirkwood
2014: Reynoldstown
2015: West End
2016: East Atlanta
2017: West End (again)
2018-2020: (forced hiatus)
2021: Mozley Park
2022: Avondale Estates
2023: Hapeville
2024: Old Fourth Ward
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Old Fourth Ward news, discussion (Urbanize Atlanta) (Urbanize Atlanta)
Tags
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Best Atlanta Neighborhoods
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The Golden Urby Chalice of Champions 2024.
Subtitle
Booming intown neighborhood prevails in fourth annual Best Atlanta Neighborhood tourney
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All hail Old Fourth Ward, your 2024 tournament champion!
Josh Green
Thu, 01/02/2025 – 14:23
After two weeks of spirited competitions, the Best Atlanta Neighborhood 2024 tournament has come to a close, and Old Fourth Ward has officially triumphed as this year’s victor!
Nearly 4,500 votes came in across all contests in the 16-seed tourney. That goes to show how Atlanta is truly a patchwork of wonderful neighborhoods and ITP places, a city brimming with neighborhood pride.
In taking the 2024 crown, Old Fourth Ward is only the second Atlanta neighborhood to become a REPEAT champ in this hallowed, criteria-free competition, following West End’s triumphs in both 2015 and 2017.
Here’s a quick recap of Old Fourth Ward’s difficult path to glory in this year’s competition:
Round 1: Escorted Adair Park to the door
Elite Eight: Edged Summerhill
Final Four: Soundly defeated neighboring Inman Park
Championship: Bumped out EAV
As usual, Beltline-connected O4W’s happenings this year were numerous. Two high-rise hospitality concepts—New City’s diamond-patterned Forth hotel and the Scout Living tower over Ponce City Market—opened in 2024, as rare for-sale condos debuted nearby at The Leon on Ponce. Elsewhere on Ponce, a Complete Streets overhaul came together as an effort to improve pedestrian and bike connections between Boulevard and John Lewis Freedom Parkway. Meanwhile, the Atlanta Civic Center redo edged toward groundbreaking, and the relatively affordable evolution of Boulevard continued to rise—to name just a few highlights of another busy year in this booming intown nabe.
Throughout the end of 2024 and now 2025, Old Fourth Ward proved itself exceptionally proud and capable of rallying support.
Here’s permission to keep on bragging, O4W, all year long!
The Golden Urby Chalice of Champions 2024.
…
The hallowed pantheon of Best Atlanta Neighborhood tournament winners:
2011: Inman Park
2012: Old Fourth Ward
2013: Kirkwood
2014: Reynoldstown
2015: West End
2016: East Atlanta
2017: West End (again)
2018-2020: (forced hiatus)
2021: Mozley Park
2022: Avondale Estates
2023: Hapeville
2024: Old Fourth Ward
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Old Fourth Ward news, discussion (Urbanize Atlanta) (Urbanize Atlanta)
Tags
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Best Atlanta Neighborhood
Best Atlanta Neighborhoods
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Urbanize Tournament
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Final Four
Old Fourth Ward
East Atlanta
O4W
Images
The Golden Urby Chalice of Champions 2024.
Subtitle
Booming intown neighborhood prevails in fourth annual Best Atlanta Neighborhood tourney
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Sponsored Post
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Report: More than 90 percent of Atlanta apartments were rented in 2024
Report: More than 90 percent of Atlanta apartments were rented in 2024
Report: More than 90 percent of Atlanta apartments were rented in 2024
Josh Green
Thu, 01/02/2025 – 12:11
Despite another hot year for multifamily development that saw a record 2,200 new residences added in Midtown alone, Atlanta remained a relatively competitive market for renters in 2024, according to a new analysis.
RentCafe, a national apartment search platform, studied the 139 largest U.S. markets for a year-end “Hottest Rental Markets” analysis and ranked them using five key metrics for rental competitiveness.
The findings concluded that new housing hasn’t exactly eased competition in most markets.
In the City of Atlanta (excluding suburban markets), the overall supply of apartments grew by 1.83 percent across 2024—or slightly behind the 2 percent growth rate the city had logged the previous year.
Meanwhile, the city’s apartment occupancy rate dropped by 1 percent, but remained relatively strong at 90.9 percent overall.
Renters faced less competition in 2024—seven people vying for the same vacant apartment, versus nine people the year before—as lease renewal rates ticked up slightly to 60 percent.
Apartments on the market in the City of Atlanta stayed vacant for 44 days on average, per the RentCafe analysis.
Analysts studied Yardi Systems apartment data pertaining to market-rate, large-scale multifamily properties with at least 50 units. Apartment buildings deemed fully affordable were not counted, per RentCafe.
The five metrics included: the percentage of rentals occupied; number of days apartments stayed vacant; the share of apartments completed in 2024; the number of prospective renters competing for an apartment; and the percentage of renters who renewed leases.
Meanwhile, Atlanta’s suburbs saw an even higher occupancy rate (92.2 percent, or down .5 percent from 2023) with a full two-thirds of renters (65.9 percent) deciding to stay put.
The sheer amount of new apartments in Atlanta’s ’burbs was described as “robust” in 2024—a 4.31 percent increase, up significantly from 2.88 percent the previous year.
Both the City of Atlanta and suburban markets saw a year-over-year increase in what’s called the Rental Competitiveness Index score: 69.2 for the city, and 66.9 for the suburbs. (The national average, for context, is 74.4, but most markets haven’t logged as much new product as Atlanta’s.)
Considering all the factors above, Atlanta was ranked as the 53rd hottest rental market in the U.S. for 2024, followed by the city’s suburbs in 60th place.
Hmmm.
…
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• Analysis: Atlanta is the worst U.S. city for driving in 2024 (Urbanize Atlanta)
Report: More than 90 percent of Atlanta apartments were rented in 2024
Josh Green
Thu, 01/02/2025 – 12:11
Despite another hot year for multifamily development that saw a record 2,200 new residences added in Midtown alone, Atlanta remained a relatively competitive market for renters in 2024, according to a new analysis.
RentCafe, a national apartment search platform, studied the 139 largest U.S. markets for a year-end “Hottest Rental Markets” analysis and ranked them using five key metrics for rental competitiveness.
The findings concluded that new housing hasn’t exactly eased competition in most markets.
In the City of Atlanta (excluding suburban markets), the overall supply of apartments grew by 1.83 percent across 2024—or slightly behind the 2 percent growth rate the city had logged the previous year.
Meanwhile, the city’s apartment occupancy rate dropped by 1 percent, but remained relatively strong at 90.9 percent overall.
Renters faced less competition in 2024—seven people vying for the same vacant apartment, versus nine people the year before—as lease renewal rates ticked up slightly to 60 percent.
Apartments on the market in the City of Atlanta stayed vacant for 44 days on average, per the RentCafe analysis.
Analysts studied Yardi Systems apartment data pertaining to market-rate, large-scale multifamily properties with at least 50 units. Apartment buildings deemed fully affordable were not counted, per RentCafe.
Many of the Midtown high-rise rentals shown here in December 2022 delivered last year, continuing a multifamily boom. Urbanize Atlanta
The five metrics included: the percentage of rentals occupied; number of days apartments stayed vacant; the share of apartments completed in 2024; the number of prospective renters competing for an apartment; and the percentage of renters who renewed leases.
Meanwhile, Atlanta’s suburbs saw an even higher occupancy rate (92.2 percent, or down .5 percent from 2023) with a full two-thirds of renters (65.9 percent) deciding to stay put.
The sheer amount of new apartments in Atlanta’s ’burbs was described as “robust” in 2024—a 4.31 percent increase, up significantly from 2.88 percent the previous year.
Both the City of Atlanta and suburban markets saw a year-over-year increase in what’s called the Rental Competitiveness Index score: 69.2 for the city, and 66.9 for the suburbs. (The national average, for context, is 74.4, but most markets haven’t logged as much new product as Atlanta’s.)
Considering all the factors above, Atlanta was ranked as the 53rd hottest rental market in the U.S. for 2024, followed by the city’s suburbs in 60th place.
Hmmm.
RentCafe
…
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Many of the Midtown high-rise rentals shown here in December 2022 delivered last year, continuing a multifamily boom. Urbanize Atlanta
Subtitle
City’s stock of rentals grew by nearly 2 percent, though fewer renters vied for deals, analysis finds
Neighborhood
Citywide
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Report: More than 90 percent of Atlanta apartments were rented in 2024
Josh Green
Thu, 01/02/2025 – 12:11
Despite another hot year for multifamily development that saw a record 2,200 new residences added in Midtown alone, Atlanta remained a relatively competitive market for renters in 2024, according to a new analysis.
RentCafe, a national apartment search platform, studied the 139 largest U.S. markets for a year-end “Hottest Rental Markets” analysis and ranked them using five key metrics for rental competitiveness.
The findings concluded that new housing hasn’t exactly eased competition in most markets.
In the City of Atlanta (excluding suburban markets), the overall supply of apartments grew by 1.83 percent across 2024—or slightly behind the 2 percent growth rate the city had logged the previous year.
Meanwhile, the city’s apartment occupancy rate dropped by 1 percent, but remained relatively strong at 90.9 percent overall.
Renters faced less competition in 2024—seven people vying for the same vacant apartment, versus nine people the year before—as lease renewal rates ticked up slightly to 60 percent.
Apartments on the market in the City of Atlanta stayed vacant for 44 days on average, per the RentCafe analysis.
Analysts studied Yardi Systems apartment data pertaining to market-rate, large-scale multifamily properties with at least 50 units. Apartment buildings deemed fully affordable were not counted, per RentCafe.
Many of the Midtown high-rise rentals shown here in December 2022 delivered last year, continuing a multifamily boom. Urbanize Atlanta
The five metrics included: the percentage of rentals occupied; number of days apartments stayed vacant; the share of apartments completed in 2024; the number of prospective renters competing for an apartment; and the percentage of renters who renewed leases.
Meanwhile, Atlanta’s suburbs saw an even higher occupancy rate (92.2 percent, or down .5 percent from 2023) with a full two-thirds of renters (65.9 percent) deciding to stay put.
The sheer amount of new apartments in Atlanta’s ’burbs was described as “robust” in 2024—a 4.31 percent increase, up significantly from 2.88 percent the previous year.
Both the City of Atlanta and suburban markets saw a year-over-year increase in what’s called the Rental Competitiveness Index score: 69.2 for the city, and 66.9 for the suburbs. (The national average, for context, is 74.4, but most markets haven’t logged as much new product as Atlanta’s.)
Considering all the factors above, Atlanta was ranked as the 53rd hottest rental market in the U.S. for 2024, followed by the city’s suburbs in 60th place.
Hmmm.
RentCafe
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Analysis: Atlanta is the worst U.S. city for driving in 2024 (Urbanize Atlanta)
Tags
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Atlanta apartments
Midtown Development
Apartments in Atlanta
Atlanta Rents
Atlanta Apartment Development
Images
RentCafe
Many of the Midtown high-rise rentals shown here in December 2022 delivered last year, continuing a multifamily boom. Urbanize Atlanta
Subtitle
City’s stock of rentals grew by nearly 2 percent, though fewer renters vied for deals, analysis finds
Neighborhood
Citywide
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Before/After Images
Sponsored Post
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MARTA to temporarily halt Atlanta Streetcar services
MARTA to temporarily halt Atlanta Streetcar services
MARTA to temporarily halt Atlanta Streetcar services
Josh Green
Thu, 01/02/2025 – 10:36
A new year has barely dawned, but already it’s shaping up to be eventful for Atlanta’s transit agency.
Just days after marking its 10-year anniversary as Atlanta’s first new streetcar since President Harry Truman’s administration, as the AJC recently noted, the Atlanta Streetcar’s 2.7-mile Downtown Loop will be out of service for several days this month to allow for time-sensitive Georgia Power work to take place.
MARTA announced this week that streetcar services will be suspended between Jan. 13 and 17. The closure will allow Georgia Power crews to make emergency repairs on Carnegie Way. Meanwhile, city contractors and utility companies will use the five-day break to conduct adjustments and any necessary repairs near the streetcar’s tracks, according to MARTA.
Expect services to resume at 8:15 a.m. Saturday, Jan. 18.
MARTA plans to run its shuttle vans—wrapped to look similar to the streetcar vehicles—along the streetcar’s downtown route as utility work is underway. Those shuttles were also deployed when the streetcar system was shut down to repair all four of its vehicles in late 2022.
President Carter visitation shuttles
MARTA has also detailed plans for ushering Atlantans to and from a days-long visitation for the only U.S. President from Georgia.
The body of President Jimmy Carter will lie in repose from 6 p.m. Jan. 4 (this Saturday) to 6 a.m. January 7 (Tuesday) at The Carter Presidential Center.
Carter, who died at age 100 on Dec. 29, will then be taken to Washington, D.C. for memorial services.
MARTA will provide free direct bus service from the King Memorial rail station to The Carter Center for anyone wishing to pay tribute at the visitation. Rail service to the station will operate continuously for 60 hours, MARTA recently announced.
From there, the free shuttles will depart to The Carter Center every three to five minutes all day and night, beginning at 6 p.m. Saturday.
Officials note The Carter Center will offer no public parking, so attendees to Carter’s visitation must take the shuttle bus—unless they plan to walk, ride a bike, or take a ride-share service and be dropped off nearby.
Regular rates for MARTA’s rail service will apply.
MARTA Mobility services will operate every 15 to 20 minutes from King Memorial station, but local buses will be rerouted. (Find reroute details here.)
Prior to his presidency, Carter served two terms as a Georgia State Senator and as the state’s 76th governor from 1971 to 1975—during which voters passed a 1 percent sales tax to fund MARTA’s operations, as transit officials noted.
“MARTA is especially grateful for [Carter’s] leadership in bringing public transportation plans to fruition in metro Atlanta,” said Collie Greenwood, MARTA general manager and CEO, in a prepared statement. “We are proud to help pay tribute to him.”
…
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MARTA to temporarily halt Atlanta Streetcar services
Josh Green
Thu, 01/02/2025 – 10:36
A new year has barely dawned, but already it’s shaping up to be eventful for Atlanta’s transit agency.
Just days after marking its 10-year anniversary as Atlanta’s first new streetcar since President Harry Truman’s administration, as the AJC recently noted, the Atlanta Streetcar’s 2.7-mile Downtown Loop will be out of service for several days this month to allow for time-sensitive Georgia Power work to take place.
MARTA announced this week that streetcar services will be suspended between Jan. 13 and 17. The closure will allow Georgia Power crews to make emergency repairs on Carnegie Way. Meanwhile, city contractors and utility companies will use the five-day break to conduct adjustments and any necessary repairs near the streetcar’s tracks, according to MARTA.
Expect services to resume at 8:15 a.m. Saturday, Jan. 18.
The Atlanta Streetcar’s initial Downtown Loop spans 2.7 miles and passes numerous attractions. Shutterstock
MARTA plans to run its shuttle vans—wrapped to look similar to the streetcar vehicles—along the streetcar’s downtown route as utility work is underway. Those shuttles were also deployed when the streetcar system was shut down to repair all four of its vehicles in late 2022.
President Carter visitation shuttles
MARTA has also detailed plans for ushering Atlantans to and from a days-long visitation for the only U.S. President from Georgia.
The body of President Jimmy Carter will lie in repose from 6 p.m. Jan. 4 (this Saturday) to 6 a.m. January 7 (Tuesday) at The Carter Presidential Center.
Carter, who died at age 100 on Dec. 29, will then be taken to Washington, D.C. for memorial services.
MARTA will provide free direct bus service from the King Memorial rail station to The Carter Center for anyone wishing to pay tribute at the visitation. Rail service to the station will operate continuously for 60 hours, MARTA recently announced.
From there, the free shuttles will depart to The Carter Center every three to five minutes all day and night, beginning at 6 p.m. Saturday.
Officials note The Carter Center will offer no public parking, so attendees to Carter’s visitation must take the shuttle bus—unless they plan to walk, ride a bike, or take a ride-share service and be dropped off nearby.
Regular rates for MARTA’s rail service will apply.
MARTA Mobility services will operate every 15 to 20 minutes from King Memorial station, but local buses will be rerouted. (Find reroute details here.)
Prior to his presidency, Carter served two terms as a Georgia State Senator and as the state’s 76th governor from 1971 to 1975—during which voters passed a 1 percent sales tax to fund MARTA’s operations, as transit officials noted.
“MARTA is especially grateful for [Carter’s] leadership in bringing public transportation plans to fruition in metro Atlanta,” said Collie Greenwood, MARTA general manager and CEO, in a prepared statement. “We are proud to help pay tribute to him.”
…
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Transit agency also planning free bus shuttles to Jimmy Carter’s visitation, where no parking is offered
Neighborhood
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MARTA to temporarily halt Atlanta Streetcar services
Josh Green
Thu, 01/02/2025 – 10:36
A new year has barely dawned, but already it’s shaping up to be eventful for Atlanta’s transit agency.
Just days after marking its 10-year anniversary as Atlanta’s first new streetcar since President Harry Truman’s administration, as the AJC recently noted, the Atlanta Streetcar’s 2.7-mile Downtown Loop will be out of service for several days this month to allow for time-sensitive Georgia Power work to take place.
MARTA announced this week that streetcar services will be suspended between Jan. 13 and 17. The closure will allow Georgia Power crews to make emergency repairs on Carnegie Way. Meanwhile, city contractors and utility companies will use the five-day break to conduct adjustments and any necessary repairs near the streetcar’s tracks, according to MARTA.
Expect services to resume at 8:15 a.m. Saturday, Jan. 18.
The Atlanta Streetcar’s initial Downtown Loop spans 2.7 miles and passes numerous attractions. Shutterstock
MARTA plans to run its shuttle vans—wrapped to look similar to the streetcar vehicles—along the streetcar’s downtown route as utility work is underway. Those shuttles were also deployed when the streetcar system was shut down to repair all four of its vehicles in late 2022.
President Carter visitation shuttles
MARTA has also detailed plans for ushering Atlantans to and from a days-long visitation for the only U.S. President from Georgia.
The body of President Jimmy Carter will lie in repose from 6 p.m. Jan. 4 (this Saturday) to 6 a.m. January 7 (Tuesday) at The Carter Presidential Center.
Carter, who died at age 100 on Dec. 29, will then be taken to Washington, D.C. for memorial services.
MARTA will provide free direct bus service from the King Memorial rail station to The Carter Center for anyone wishing to pay tribute at the visitation. Rail service to the station will operate continuously for 60 hours, MARTA recently announced.
From there, the free shuttles will depart to The Carter Center every three to five minutes all day and night, beginning at 6 p.m. Saturday.
Officials note The Carter Center will offer no public parking, so attendees to Carter’s visitation must take the shuttle bus—unless they plan to walk, ride a bike, or take a ride-share service and be dropped off nearby.
Regular rates for MARTA’s rail service will apply.
MARTA Mobility services will operate every 15 to 20 minutes from King Memorial station, but local buses will be rerouted. (Find reroute details here.)
Prior to his presidency, Carter served two terms as a Georgia State Senator and as the state’s 76th governor from 1971 to 1975—during which voters passed a 1 percent sales tax to fund MARTA’s operations, as transit officials noted.
“MARTA is especially grateful for [Carter’s] leadership in bringing public transportation plans to fruition in metro Atlanta,” said Collie Greenwood, MARTA general manager and CEO, in a prepared statement. “We are proud to help pay tribute to him.”
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Downtown news, discussion (Urbanize Atlanta)
Tags
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The Carter Presidential Center
Subtitle
Transit agency also planning free bus shuttles to Jimmy Carter’s visitation, where no parking is offered
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Wicker Park Spins Off Kennesaw Retail Center
Wicker Park Spins Off Kennesaw Retail Center
JLL Capital Markets arranged the $63.5 million sale of Cobb Place, a 335,190-square-foot shopping center in Kennesaw, Georgia.
JLL represented the seller, Wicker Park Capital Management. The buyer was Shaked Acquisitions.
Cobb Place, located at 840 Ernest W. Barrett Pkwy. along I-75, boasts a durable tenancy with an average tenure of more than 17 years. Its tenant mix includes Ashley HomeStore, American Signature Furniture, DSW, World Market, Hobby Town, Bassett Furniture, Natuzzi and BrandsMart.
Jim Hamilton, Brad Buchanan, Andrew Kahn, and Anton Serafini led JLL Capital Market’s Investment and Sales Advisory team, which represented the seller.
Wicker Park Capital Management is a privately held real estate investment firm focused on multi-family, retail, and mixed-use properties in the Southern United States. Based in Savannah, WPCM has offices in Birmingham and Atlanta.
The post Wicker Park Spins Off Kennesaw Retail Center appeared first on Connect CRE.
JLL Capital Markets arranged the $63.5 million sale of Cobb Place, a 335,190-square-foot shopping center in Kennesaw, Georgia. JLL represented the seller, Wicker Park Capital Management. The buyer was Shaked Acquisitions. Cobb Place, located at 840 Ernest W. Barrett Pkwy. along I-75, boasts a durable tenancy with an average tenure of more than 17 years. …
The post Wicker Park Spins Off Kennesaw Retail Center appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
JLL Capital Markets arranged the $63.5 million sale of Cobb Place, a 335,190-square-foot shopping center in Kennesaw, Georgia. JLL represented the seller, Wicker Park Capital Management. The buyer was Shaked Acquisitions. Cobb Place, located at 840 Ernest W. Barrett Pkwy. along I-75, boasts a durable tenancy with an average tenure of more than 17 years. …
The post Wicker Park Spins Off Kennesaw Retail Center appeared first on Connect CRE.
Fulton County Okays $538M Bond for “Transformative” Mixed-Use Project
Fulton County Okays $538M Bond for “Transformative” Mixed-Use Project
The Develop Fulton Board of Directors unanimously approved a $538 million bond inducement for Project Nexus, a mixed-use economic development initiative. This project aims to transform a distressed property into a hub of economic and community development. Situated in Atlanta and East Point, the project would include affordable housing, essential services, and a host of amenities.
The mixed-use project, combining residential and retail elements, would generate more than $60.5 million in revenue over 10 years—30 times its current contribution. With an anticipated $4 billion overall economic impact, Project Nexus would create approximately 1,300 new permanent jobs and 2,800 temporary construction jobs while retaining 50 existing positions.
The development plan will create 1,126 residences, offering a mix of affordable and market-rate housing options to accommodate a range of income levels.
The post Fulton County Okays $538M Bond for “Transformative” Mixed-Use Project appeared first on Connect CRE.
The Develop Fulton Board of Directors unanimously approved a $538 million bond inducement for Project Nexus, a mixed-use economic development initiative. This project aims to transform a distressed property into a hub of economic and community development. Situated in Atlanta and East Point, the project would include affordable housing, essential services, and a host of amenities. The mixed-use project, combining …
The post Fulton County Okays $538M Bond for “Transformative” Mixed-Use Project appeared first on Connect CRE. Read MoreAtlanta Commercial Real Estate News
The Develop Fulton Board of Directors unanimously approved a $538 million bond inducement for Project Nexus, a mixed-use economic development initiative. This project aims to transform a distressed property into a hub of economic and community development. Situated in Atlanta and East Point, the project would include affordable housing, essential services, and a host of amenities. The mixed-use project, combining …
The post Fulton County Okays $538M Bond for “Transformative” Mixed-Use Project appeared first on Connect CRE.
Insiders make predictions for Atlanta’s retail market in 2025
Insiders make predictions for Atlanta’s retail market in 2025
Here’s what to expect from Atlanta’s retail market in 2025, according to a few pros.
Here’s what to expect from Atlanta’s retail market in 2025, according to a few pros. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
Here’s what to expect from Atlanta’s retail market in 2025, according to a few pros.