Microsoft Buys Person County Megasite
Microsoft Buys Person County Megasite
Microsoft acquired the 1,350-acre Person County Mega Park. The company paid nearly $27 million for land which the county has been trying to sell for the last 10 years. While it’s likely the company will construct a data center, no plans have been formalized yet. The Triangle Business Journal reports the company has said it wants to double its data center capacity by the end of 2024.
The Person County site is one of a handful of unfilled megasites in the state. Officials have said developing more megasites is critical to attracting large investments from major companies. Megasites were created to simplify things for potentially large users who do not want to go through a protracted planning process. They are basically shovel-ready land that shaves years off of a project timeline.
Data centers have significant energy requirements. The Person County site is between a Duke Energy and Enbridge Gas power plant. Person County is 30 miles north of Durham.
The post Microsoft Buys Person County Megasite appeared first on Connect CRE.
Microsoft acquired the 1,350-acre Person County Mega Park. The company paid nearly $27 million for land which the county has been trying to sell for the last 10 years. While it’s likely the company will construct a data center, no plans have been formalized yet. The Triangle Business Journal reports the company has said it wants …
The post Microsoft Buys Person County Megasite appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Microsoft acquired the 1,350-acre Person County Mega Park. The company paid nearly $27 million for land which the county has been trying to sell for the last 10 years. While it’s likely the company will construct a data center, no plans have been formalized yet. The Triangle Business Journal reports the company has said it wants …
The post Microsoft Buys Person County Megasite appeared first on Connect CRE.
Sneak peek: New Atlanta Beltline section to debut in coming days
Sneak peek: New Atlanta Beltline section to debut in coming days
Sneak peek: New Atlanta Beltline section to debut in coming days
Josh Green
Mon, 11/04/2024 – 16:16
True to construction timelines announced in early 2023, Atlanta Beltline Inc. is set to officially debut an important section of the 22-mile loop next to the city’s marquee greenspace this month.
Beltline officials have scheduled a ribbon-cutting Nov. 12 for a .9-mile section known as Northeast Trail–Segment 1 that provides multiple, direct connections to Piedmont Park and attractions such as Park Tavern, dog parks, and Atlanta Botanical Garden.
The trail remains closed today (and under construction in places) but was being patronized by plenty of curious locals this past weekend.
Where the Northeast Trail meets the Park Drive Bridge. Josh Green/Urbanize Atlanta
The latest Northeast Trail segment in relation to Piedmont Park’s dog park. Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Segment 1 begins at the reconfigured intersection of 10th Street and Monroe Drive and extends up to Westminster Drive, providing an off-street link between Midtown, Virginia-Highland, and Morningside.
It also connects the popular Eastside Trail with previously completed sections of the Northeast Trail, making possible travel along the Beltline between eastside neighborhoods such as Reynoldstown up to southern Buckhead.
Project officials announced in April 2023 that Segment 1 was moving forward six months ahead of schedule. A groundbreaking was held in August last year.
Features include what’s come to be standard with all new Beltline trails: a 14-foot-wide concrete path, fiber duct bank, connections to adjacent streets, stainless steel handrails and guardrails, lighting, and security cameras, among other components.
Where a new 10th Street bike lane, a (slightly) raised pedestrian crossing, and traffic signals at Monroe Drive and Kanuga Street have been implemented. Josh Green/Urbanize Atlanta
Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Next to the new segment, a popular gravel trail—referred to as the “Transit Trail” in Beltline communications—will remain open to the public in largely the same state once construction of the Beltline’s mainline trail is finished through Piedmont Park. The paved trail section sits below the gravel trail and will be separated by “dense planting,” project officials previously told Urbanize Atlanta.
Swing up to the gallery for a sneak peek of Northeast Trail–Segment 1, from both ground level and high above.
The segment in yellow set to open next week, linking the popular Eastside Trail (bottom) with the rest of the Northeast Trail. Atlanta Beltline Inc.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Midtown news, discussion (Urbanize Atlanta)
Beltline Northeast Trail construction next to Park Tavern at Monroe Drive today. Josh Green/Urbanize Atlanta
Where a new 10th Street bike lane, a (slightly) raised pedestrian crossing, and traffic signals at Monroe Drive and Kanuga Street have been implemented. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Construction progress on a zigzagging connector from the Northeast Trail to a main Piedmont Park meadow. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Where the Northeast Trail meets the Park Drive Bridge. Josh Green/Urbanize Atlanta
New stairs and runnels to Piedmont Park’s dog parks. Josh Green/Urbanize Atlanta
The latest Northeast Trail segment in relation to Piedmont Park’s dog park. Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Photo by Erin Sintos; courtesy of Atlanta Beltline Inc.
Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
The segment in yellow set to open next week, linking the popular Eastside Trail (bottom) with the rest of the Northeast Trail. Atlanta Beltline Inc.
Sneak peek: New Atlanta Beltline section to debut in coming days
Josh Green
Mon, 11/04/2024 – 16:16
True to construction timelines announced in early 2023, Atlanta Beltline Inc. is set to officially debut an important section of the 22-mile loop next to the city’s marquee greenspace this month.
Beltline officials have scheduled a ribbon-cutting Nov. 12 for a .9-mile section known as Northeast Trail–Segment 1 that provides multiple, direct connections to Piedmont Park and attractions such as Park Tavern, dog parks, and Atlanta Botanical Garden.
The trail remains closed today (and under construction in places) but was being patronized by plenty of curious locals this past weekend.
Where the Northeast Trail meets the Park Drive Bridge. Josh Green/Urbanize Atlanta
The latest Northeast Trail segment in relation to Piedmont Park’s dog park. Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Segment 1 begins at the reconfigured intersection of 10th Street and Monroe Drive and extends up to Westminster Drive, providing an off-street link between Midtown, Virginia-Highland, and Morningside.
It also connects the popular Eastside Trail with previously completed sections of the Northeast Trail, making possible travel along the Beltline between eastside neighborhoods such as Reynoldstown up to southern Buckhead.
Project officials announced in April 2023 that Segment 1 was moving forward six months ahead of schedule. A groundbreaking was held in August last year.
Features include what’s come to be standard with all new Beltline trails: a 14-foot-wide concrete path, fiber duct bank, connections to adjacent streets, stainless steel handrails and guardrails, lighting, and security cameras, among other components.
Where a new 10th Street bike lane, a (slightly) raised pedestrian crossing, and traffic signals at Monroe Drive and Kanuga Street have been implemented. Josh Green/Urbanize Atlanta
Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Next to the new segment, a popular gravel trail—referred to as the “Transit Trail” in Beltline communications—will remain open to the public in largely the same state once construction of the Beltline’s mainline trail is finished through Piedmont Park. The paved trail section sits below the gravel trail and will be separated by “dense planting,” project officials previously told Urbanize Atlanta.
Swing up to the gallery for a sneak peek of Northeast Trail–Segment 1, from both ground level and high above.
The segment in yellow set to open next week, linking the popular Eastside Trail (bottom) with the rest of the Northeast Trail. Atlanta Beltline Inc.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Midtown news, discussion (Urbanize Atlanta)
Tags
Northeast Trail—Segment 1
Beltline
Atlanta BeltLine
Northeast Trail
Ansley Golf Course
Morningside
Lenox Park
Lindbergh
Lindbergh MARTA
Piedmont Road
BeltLine Construction
Georgia Power
Armour Yards
Trees Atlanta
Atlanta Trees
Plantings
Ansley Mall
Segment 1
Atlanta Botanical Garden
photo tours
Piedmont Park
Visual Journeys
Piedmont Park Gravel Trail
Northwest Trail
Atlanta Construction
LoKnows Drones
Images
Beltline Northeast Trail construction next to Park Tavern at Monroe Drive today. Josh Green/Urbanize Atlanta
Where a new 10th Street bike lane, a (slightly) raised pedestrian crossing, and traffic signals at Monroe Drive and Kanuga Street have been implemented. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Construction progress on a zigzagging connector from the Northeast Trail to a main Piedmont Park meadow. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Where the Northeast Trail meets the Park Drive Bridge. Josh Green/Urbanize Atlanta
New stairs and runnels to Piedmont Park’s dog parks. Josh Green/Urbanize Atlanta
The latest Northeast Trail segment in relation to Piedmont Park’s dog park. Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Photo by Erin Sintos; courtesy of Atlanta Beltline Inc.
Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
The segment in yellow set to open next week, linking the popular Eastside Trail (bottom) with the rest of the Northeast Trail. Atlanta Beltline Inc.
Subtitle
How the Beltline’s long-awaited route through Piedmont Park is nearly complete
Neighborhood
Midtown
Background Image
Image
Before/After Images
Sponsored Post
Off Read More
Sneak peek: New Atlanta Beltline section to debut in coming days
Josh Green
Mon, 11/04/2024 – 16:16
True to construction timelines announced in early 2023, Atlanta Beltline Inc. is set to officially debut an important section of the 22-mile loop next to the city’s marquee greenspace this month.
Beltline officials have scheduled a ribbon-cutting Nov. 12 for a .9-mile section known as Northeast Trail–Segment 1 that provides multiple, direct connections to Piedmont Park and attractions such as Park Tavern, dog parks, and Atlanta Botanical Garden.
The trail remains closed today (and under construction in places) but was being patronized by plenty of curious locals this past weekend.
Where the Northeast Trail meets the Park Drive Bridge. Josh Green/Urbanize Atlanta
The latest Northeast Trail segment in relation to Piedmont Park’s dog park. Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Segment 1 begins at the reconfigured intersection of 10th Street and Monroe Drive and extends up to Westminster Drive, providing an off-street link between Midtown, Virginia-Highland, and Morningside.
It also connects the popular Eastside Trail with previously completed sections of the Northeast Trail, making possible travel along the Beltline between eastside neighborhoods such as Reynoldstown up to southern Buckhead.
Project officials announced in April 2023 that Segment 1 was moving forward six months ahead of schedule. A groundbreaking was held in August last year.
Features include what’s come to be standard with all new Beltline trails: a 14-foot-wide concrete path, fiber duct bank, connections to adjacent streets, stainless steel handrails and guardrails, lighting, and security cameras, among other components.
Where a new 10th Street bike lane, a (slightly) raised pedestrian crossing, and traffic signals at Monroe Drive and Kanuga Street have been implemented. Josh Green/Urbanize Atlanta
Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Next to the new segment, a popular gravel trail—referred to as the “Transit Trail” in Beltline communications—will remain open to the public in largely the same state once construction of the Beltline’s mainline trail is finished through Piedmont Park. The paved trail section sits below the gravel trail and will be separated by “dense planting,” project officials previously told Urbanize Atlanta.
Swing up to the gallery for a sneak peek of Northeast Trail–Segment 1, from both ground level and high above.
The segment in yellow set to open next week, linking the popular Eastside Trail (bottom) with the rest of the Northeast Trail. Atlanta Beltline Inc.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Midtown news, discussion (Urbanize Atlanta)
Tags
Northeast Trail—Segment 1
Beltline
Atlanta BeltLine
Northeast Trail
Ansley Golf Course
Morningside
Lenox Park
Lindbergh
Lindbergh MARTA
Piedmont Road
BeltLine Construction
Georgia Power
Armour Yards
Trees Atlanta
Atlanta Trees
Plantings
Ansley Mall
Segment 1
Atlanta Botanical Garden
photo tours
Piedmont Park
Visual Journeys
Piedmont Park Gravel Trail
Northwest Trail
Atlanta Construction
LoKnows Drones
Images
Beltline Northeast Trail construction next to Park Tavern at Monroe Drive today. Josh Green/Urbanize Atlanta
Where a new 10th Street bike lane, a (slightly) raised pedestrian crossing, and traffic signals at Monroe Drive and Kanuga Street have been implemented. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Construction progress on a zigzagging connector from the Northeast Trail to a main Piedmont Park meadow. Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Josh Green/Urbanize Atlanta
Where the Northeast Trail meets the Park Drive Bridge. Josh Green/Urbanize Atlanta
New stairs and runnels to Piedmont Park’s dog parks. Josh Green/Urbanize Atlanta
The latest Northeast Trail segment in relation to Piedmont Park’s dog park. Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
Photo by Erin Sintos; courtesy of Atlanta Beltline Inc.
Photo by LoKnows Drones; courtesy of Atlanta Beltline Inc.
The segment in yellow set to open next week, linking the popular Eastside Trail (bottom) with the rest of the Northeast Trail. Atlanta Beltline Inc.
Subtitle
How the Beltline’s long-awaited route through Piedmont Park is nearly complete
Neighborhood
Midtown
Background Image
Image
Before/After Images
Sponsored Post
Off
Developer picked, vision emerges for historic, ailing Atlanta landmark
Developer picked, vision emerges for historic, ailing Atlanta landmark
Developer picked, vision emerges for historic, ailing Atlanta landmark
Josh Green
Mon, 11/04/2024 – 13:43
After years of false hope for Atlanta preservationists and downtown boosters, a development team has been picked to lead the transformation of a historic but ailing landmark building and inject the Five Points area with a significant amount of new housing.
Invest Atlanta, the city’s economic development arm, intends to ink a deal with Wisconsin-based affordable housing developer Gorman & Company to turn the Atlanta Constitution Building property at 143 Alabama St. into nearly 200 apartments and retail.
That will include a new mid-rise apartment building rising from a parking lot along Ted Turner Drive, between Five Points and the under-construction Centennial Yards megaproject, according to plans outlined by Invest Atlanta.
Last summer, Invest Atlanta officials set an Aug. 2 deadline for developers to respond to a Request for Proposals regarding the city-owned, architectural landmark across the street from MARTA’s Five Points station that’s stood mostly vacant since before Jimmy Carter was president. That RFP repeatedly stated a redevelopment team must be capable of making significant progress on the Atlanta Constitution Building’s renovation prior to the start of Atlanta’s month of World Cup matches beginning in June 2026.
Invest Atlanta now plans to enter a long-term lease and master-development agreement with Gorman & Company for the Alabama Street property and adjacent parcels.
Planned signage at the corner of Alabama and Forsyth streets. Gorman & Company; Gensler
Invest Atlanta
Gorman, a national developer, has been on a building spree at sites around Atlanta, debuting its first project in Westview and another near MARTA’s Hamilton E. Holmes station this year. Another Gorman development with an adaptive-reuse component, Sweet Auburn Grande, is expected to break ground any day, while another near Mall West End has more recently entered the pipeline.
Prior to millions of World Cup fans descending upon Atlanta for eight scheduled matches, Invest Atlanta is calling for the Atlanta Constitution Building to stabilized, with its overall appearance improved, façade fixed, and first and second floors activated for World Cup-related events and retail.
Other changes planned for the first phase call for the addition of digital signage and activation of the site’s existing surface parking lots, immediately to the west.
Beyond that, Gorman’s plans call for 197 apartments total across two phases, the first being adaptive-reuse of the existing Alabama Street building and the second construction of a new structure next door.
Gorman & Company; Gensler
A digital billboard on the proposed new building overlooking a greenspace where parking lots and active rail lines currently operate. Gorman & Company; Gensler
Only seven of the units would rent at market-rate, and the rest would be capped at between 30 and 80 percent of the area median income monthly, per Gorman & Company’s proposal. More than half of the apartments would be one-bedroom units.
Invest Atlanta’s timeline calls for finalizing the building’s design and financial plan in May next year—and for phase-one construction to span between that month and May 2026, ending roughly a month before FIFA World Cup matches begin.
Construction on the second part of phase one—the conversion of existing spaces to residential units—would span between January 2026 and March the following year, per Invest Atlanta’s timeline.
In August 2026, the month after Atlanta’s World Cup matches conclude, construction on the new building is scheduled to begin, with a goal of concluding in July 2028.
How the new mid-rise apartment building would front Ted Turner Drive. Gorman & Company; Gensler
As seen last year, the 1947 building’s facade at the intersection of Alabama and Forsyth streets is a rare local example of Art Moderne design.Google Maps
A rare example of Art Moderne-style architecture in the city, the original five-story, 95,000-square-foot structure was built in 1947 for the Atlanta Constitution newspaper, a predecessor to today’s Atlanta Journal-Constitution, but that operation moved out after just a few years. Georgia Power moved in around 1953 but was gone in the early 1970s, leaving the property vacant ever since. In more recent years, metal shields were placed over windows to prevent homeless encampments. At one point, trees sprouted from the roof.
Companies that responded to the RFP were evaluated on their financial capacity, experience and qualifications, feasibility of their proposal, and redevelopment vision and approach, according to Invest Atlanta.
Invest Atlanta officials pointed to Gorman’s swifter, in-house design capabilities and 40 years of experience in “downtown revitalization, historic preservation, mixed-use, workforce housing, neighborhood transformations, and preservation of affordable housing projects” as selling points. Financial details of the deal weren’t specified.
“Overall, the evaluation indicated that the team was extremely confident that the recommended developer [Gorman] possesses the knowledge and expertise to successfully perform the scope of work described,” notes an Invest Atlanta summary. “[Gorman also] proposed the most advantageous offer or deal structure as a financial partner in the redevelopment.”
Invest Atlanta’s quest to remake the landmark building has made headlines before.
Back in 2017, following a lengthy RFP process, a new era for the Atlanta Constitution Building appeared to be dawning, as Invest Atlanta agreed to sell the property to developer Pope & Land, with Place Properties on board to erect a new residential building next door—a scheme not dissimilar to what Gorman is now proposing.
Initially, those earlier plans called for completing $24 million worth of construction in 2021, but the deal never closed, and redevelopment efforts fizzled.
Find a closer look at plans for the property’s revitalization and other details below:
Breakdown of the initial phase of construction scheduled to finish a month before the 2026 FIFA World Cup. Gorman & Company; Gensler
…
Gorman & Company; Gensler
…
Planned scope of the new-construction building in relation to the current Art Moderne-style structure.Gorman & Company; Gensler
…
Breakdown of plans for 197 new apartments downtown. Invest Atlanta
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Downtown news, discussion (Urbanize Atlanta)
The 143 Alabama Street property’s proximity to Five Points MARTA station, Underground Atlanta, and the Gulch—all of which are in the process of revitalization or redevelopment. Google Maps
Invest Atlanta
As seen last year, the 1947 building’s facade at the intersection of Alabama and Forsyth streets is a rare local example of Art Moderne design.Google Maps
Planned signage at the corner of Alabama and Forsyth streets. Gorman & Company; Gensler
Breakdown of the initial phase of construction scheduled to finish a month before the 2026 FIFA World Cup. Gorman & Company; Gensler
Gorman & Company; Gensler
Planned scope of the new-construction building in relation to the current Art Moderne-style structure.Gorman & Company; Gensler
Gorman & Company; Gensler
How the new mid-rise apartment building would front Ted Turner Drive. Gorman & Company; Gensler
A digital billboard on the proposed new building overlooking a greenspace where parking lots and active rail lines currently operate. Gorman & Company; Gensler
Gorman & Company; Gensler
Breakdown of plans for 197 new apartments downtown. Invest Atlanta
Developer picked, vision emerges for historic, ailing Atlanta landmark
Josh Green
Mon, 11/04/2024 – 13:43
After years of false hope for Atlanta preservationists and downtown boosters, a development team has been picked to lead the transformation of a historic but ailing landmark building and inject the Five Points area with a significant amount of new housing.
Invest Atlanta, the city’s economic development arm, intends to ink a deal with Wisconsin-based affordable housing developer Gorman & Company to turn the Atlanta Constitution Building property at 143 Alabama St. into nearly 200 apartments and retail.
That will include a new mid-rise apartment building rising from a parking lot along Ted Turner Drive, between Five Points and the under-construction Centennial Yards megaproject, according to plans outlined by Invest Atlanta.
Last summer, Invest Atlanta officials set an Aug. 2 deadline for developers to respond to a Request for Proposals regarding the city-owned, architectural landmark across the street from MARTA’s Five Points station that’s stood mostly vacant since before Jimmy Carter was president. That RFP repeatedly stated a redevelopment team must be capable of making significant progress on the Atlanta Constitution Building’s renovation prior to the start of Atlanta’s month of World Cup matches beginning in June 2026.
Invest Atlanta now plans to enter a long-term lease and master-development agreement with Gorman & Company for the Alabama Street property and adjacent parcels.
Planned signage at the corner of Alabama and Forsyth streets. Gorman & Company; Gensler
Invest Atlanta
Gorman, a national developer, has been on a building spree at sites around Atlanta, debuting its first project in Westview and another near MARTA’s Hamilton E. Holmes station this year. Another Gorman development with an adaptive-reuse component, Sweet Auburn Grande, is expected to break ground any day, while another near Mall West End has more recently entered the pipeline.
Prior to millions of World Cup fans descending upon Atlanta for eight scheduled matches, Invest Atlanta is calling for the Atlanta Constitution Building to stabilized, with its overall appearance improved, façade fixed, and first and second floors activated for World Cup-related events and retail.
Other changes planned for the first phase call for the addition of digital signage and activation of the site’s existing surface parking lots, immediately to the west.
Beyond that, Gorman’s plans call for 197 apartments total across two phases, the first being adaptive-reuse of the existing Alabama Street building and the second construction of a new structure next door.
Gorman & Company; Gensler
A digital billboard on the proposed new building overlooking a greenspace where parking lots and active rail lines currently operate. Gorman & Company; Gensler
Only seven of the units would rent at market-rate, and the rest would be capped at between 30 and 80 percent of the area median income monthly, per Gorman & Company’s proposal. More than half of the apartments would be one-bedroom units.
Invest Atlanta’s timeline calls for finalizing the building’s design and financial plan in May next year—and for phase-one construction to span between that month and May 2026, ending roughly a month before FIFA World Cup matches begin.
Construction on the second part of phase one—the conversion of existing spaces to residential units—would span between January 2026 and March the following year, per Invest Atlanta’s timeline.
In August 2026, the month after Atlanta’s World Cup matches conclude, construction on the new building is scheduled to begin, with a goal of concluding in July 2028.
How the new mid-rise apartment building would front Ted Turner Drive. Gorman & Company; Gensler
As seen last year, the 1947 building’s facade at the intersection of Alabama and Forsyth streets is a rare local example of Art Moderne design.Google Maps
A rare example of Art Moderne-style architecture in the city, the original five-story, 95,000-square-foot structure was built in 1947 for the Atlanta Constitution newspaper, a predecessor to today’s Atlanta Journal-Constitution, but that operation moved out after just a few years. Georgia Power moved in around 1953 but was gone in the early 1970s, leaving the property vacant ever since. In more recent years, metal shields were placed over windows to prevent homeless encampments. At one point, trees sprouted from the roof.
Companies that responded to the RFP were evaluated on their financial capacity, experience and qualifications, feasibility of their proposal, and redevelopment vision and approach, according to Invest Atlanta.
Invest Atlanta officials pointed to Gorman’s swifter, in-house design capabilities and 40 years of experience in “downtown revitalization, historic preservation, mixed-use, workforce housing, neighborhood transformations, and preservation of affordable housing projects” as selling points. Financial details of the deal weren’t specified.
“Overall, the evaluation indicated that the team was extremely confident that the recommended developer [Gorman] possesses the knowledge and expertise to successfully perform the scope of work described,” notes an Invest Atlanta summary. “[Gorman also] proposed the most advantageous offer or deal structure as a financial partner in the redevelopment.”
Invest Atlanta’s quest to remake the landmark building has made headlines before.
Back in 2017, following a lengthy RFP process, a new era for the Atlanta Constitution Building appeared to be dawning, as Invest Atlanta agreed to sell the property to developer Pope & Land, with Place Properties on board to erect a new residential building next door—a scheme not dissimilar to what Gorman is now proposing.
Initially, those earlier plans called for completing $24 million worth of construction in 2021, but the deal never closed, and redevelopment efforts fizzled.
Find a closer look at plans for the property’s revitalization and other details below:
Breakdown of the initial phase of construction scheduled to finish a month before the 2026 FIFA World Cup. Gorman & Company; Gensler
…
Gorman & Company; Gensler
…
Planned scope of the new-construction building in relation to the current Art Moderne-style structure.Gorman & Company; Gensler
…
Breakdown of plans for 197 new apartments downtown. Invest Atlanta
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Downtown news, discussion (Urbanize Atlanta)
Tags
143 Alabama Street SW
Pope and Land
Place Properties
Winter Johnson Group
Smith Dalia Architects
Atlanta Constitution Building
Adaptive Reuse
Adaptive-Reuse
Adaptive-Reuse Development
Downtown Atlanta
Atlanta Architecture
Art Moderne
Invest Atlanta
Bureau of Big Ideas
Department of Big Ideas
Gorman & Company
2026 FIFA World Cup
World Cup Atlanta
World Cup 2026
Gensler
Gensler Atlanta
Images
The 143 Alabama Street property’s proximity to Five Points MARTA station, Underground Atlanta, and the Gulch—all of which are in the process of revitalization or redevelopment. Google Maps
Invest Atlanta
As seen last year, the 1947 building’s facade at the intersection of Alabama and Forsyth streets is a rare local example of Art Moderne design.Google Maps
Planned signage at the corner of Alabama and Forsyth streets. Gorman & Company; Gensler
Breakdown of the initial phase of construction scheduled to finish a month before the 2026 FIFA World Cup. Gorman & Company; Gensler
Gorman & Company; Gensler
Planned scope of the new-construction building in relation to the current Art Moderne-style structure.Gorman & Company; Gensler
Gorman & Company; Gensler
How the new mid-rise apartment building would front Ted Turner Drive. Gorman & Company; Gensler
A digital billboard on the proposed new building overlooking a greenspace where parking lots and active rail lines currently operate. Gorman & Company; Gensler
Gorman & Company; Gensler
Breakdown of plans for 197 new apartments downtown. Invest Atlanta
Subtitle
City-owned Atlanta Constitution property to house nearly 200 residences near Five Points
Neighborhood
Downtown
Background Image
Image
Associated Project
143 Alabama Street SW
Before/After Images
Sponsored Post
Off Read More
Developer picked, vision emerges for historic, ailing Atlanta landmark
Josh Green
Mon, 11/04/2024 – 13:43
After years of false hope for Atlanta preservationists and downtown boosters, a development team has been picked to lead the transformation of a historic but ailing landmark building and inject the Five Points area with a significant amount of new housing.
Invest Atlanta, the city’s economic development arm, intends to ink a deal with Wisconsin-based affordable housing developer Gorman & Company to turn the Atlanta Constitution Building property at 143 Alabama St. into nearly 200 apartments and retail.
That will include a new mid-rise apartment building rising from a parking lot along Ted Turner Drive, between Five Points and the under-construction Centennial Yards megaproject, according to plans outlined by Invest Atlanta.
Last summer, Invest Atlanta officials set an Aug. 2 deadline for developers to respond to a Request for Proposals regarding the city-owned, architectural landmark across the street from MARTA’s Five Points station that’s stood mostly vacant since before Jimmy Carter was president. That RFP repeatedly stated a redevelopment team must be capable of making significant progress on the Atlanta Constitution Building’s renovation prior to the start of Atlanta’s month of World Cup matches beginning in June 2026.
Invest Atlanta now plans to enter a long-term lease and master-development agreement with Gorman & Company for the Alabama Street property and adjacent parcels.
Planned signage at the corner of Alabama and Forsyth streets. Gorman & Company; Gensler
Invest Atlanta
Gorman, a national developer, has been on a building spree at sites around Atlanta, debuting its first project in Westview and another near MARTA’s Hamilton E. Holmes station this year. Another Gorman development with an adaptive-reuse component, Sweet Auburn Grande, is expected to break ground any day, while another near Mall West End has more recently entered the pipeline.
Prior to millions of World Cup fans descending upon Atlanta for eight scheduled matches, Invest Atlanta is calling for the Atlanta Constitution Building to stabilized, with its overall appearance improved, façade fixed, and first and second floors activated for World Cup-related events and retail.
Other changes planned for the first phase call for the addition of digital signage and activation of the site’s existing surface parking lots, immediately to the west.
Beyond that, Gorman’s plans call for 197 apartments total across two phases, the first being adaptive-reuse of the existing Alabama Street building and the second construction of a new structure next door.
Gorman & Company; Gensler
A digital billboard on the proposed new building overlooking a greenspace where parking lots and active rail lines currently operate. Gorman & Company; Gensler
Only seven of the units would rent at market-rate, and the rest would be capped at between 30 and 80 percent of the area median income monthly, per Gorman & Company’s proposal. More than half of the apartments would be one-bedroom units.
Invest Atlanta’s timeline calls for finalizing the building’s design and financial plan in May next year—and for phase-one construction to span between that month and May 2026, ending roughly a month before FIFA World Cup matches begin.
Construction on the second part of phase one—the conversion of existing spaces to residential units—would span between January 2026 and March the following year, per Invest Atlanta’s timeline.
In August 2026, the month after Atlanta’s World Cup matches conclude, construction on the new building is scheduled to begin, with a goal of concluding in July 2028.
How the new mid-rise apartment building would front Ted Turner Drive. Gorman & Company; Gensler
As seen last year, the 1947 building’s facade at the intersection of Alabama and Forsyth streets is a rare local example of Art Moderne design.Google Maps
A rare example of Art Moderne-style architecture in the city, the original five-story, 95,000-square-foot structure was built in 1947 for the Atlanta Constitution newspaper, a predecessor to today’s Atlanta Journal-Constitution, but that operation moved out after just a few years. Georgia Power moved in around 1953 but was gone in the early 1970s, leaving the property vacant ever since. In more recent years, metal shields were placed over windows to prevent homeless encampments. At one point, trees sprouted from the roof.
Companies that responded to the RFP were evaluated on their financial capacity, experience and qualifications, feasibility of their proposal, and redevelopment vision and approach, according to Invest Atlanta.
Invest Atlanta officials pointed to Gorman’s swifter, in-house design capabilities and 40 years of experience in “downtown revitalization, historic preservation, mixed-use, workforce housing, neighborhood transformations, and preservation of affordable housing projects” as selling points. Financial details of the deal weren’t specified.
“Overall, the evaluation indicated that the team was extremely confident that the recommended developer [Gorman] possesses the knowledge and expertise to successfully perform the scope of work described,” notes an Invest Atlanta summary. “[Gorman also] proposed the most advantageous offer or deal structure as a financial partner in the redevelopment.”
Invest Atlanta’s quest to remake the landmark building has made headlines before.
Back in 2017, following a lengthy RFP process, a new era for the Atlanta Constitution Building appeared to be dawning, as Invest Atlanta agreed to sell the property to developer Pope & Land, with Place Properties on board to erect a new residential building next door—a scheme not dissimilar to what Gorman is now proposing.
Initially, those earlier plans called for completing $24 million worth of construction in 2021, but the deal never closed, and redevelopment efforts fizzled.
Find a closer look at plans for the property’s revitalization and other details below:
Breakdown of the initial phase of construction scheduled to finish a month before the 2026 FIFA World Cup. Gorman & Company; Gensler
…
Gorman & Company; Gensler
…
Planned scope of the new-construction building in relation to the current Art Moderne-style structure.Gorman & Company; Gensler
…
Breakdown of plans for 197 new apartments downtown. Invest Atlanta
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Downtown news, discussion (Urbanize Atlanta)
Tags
143 Alabama Street SW
Pope and Land
Place Properties
Winter Johnson Group
Smith Dalia Architects
Atlanta Constitution Building
Adaptive Reuse
Adaptive-Reuse
Adaptive-Reuse Development
Downtown Atlanta
Atlanta Architecture
Art Moderne
Invest Atlanta
Bureau of Big Ideas
Department of Big Ideas
Gorman & Company
2026 FIFA World Cup
World Cup Atlanta
World Cup 2026
Gensler
Gensler Atlanta
Images
The 143 Alabama Street property’s proximity to Five Points MARTA station, Underground Atlanta, and the Gulch—all of which are in the process of revitalization or redevelopment. Google Maps
Invest Atlanta
As seen last year, the 1947 building’s facade at the intersection of Alabama and Forsyth streets is a rare local example of Art Moderne design.Google Maps
Planned signage at the corner of Alabama and Forsyth streets. Gorman & Company; Gensler
Breakdown of the initial phase of construction scheduled to finish a month before the 2026 FIFA World Cup. Gorman & Company; Gensler
Gorman & Company; Gensler
Planned scope of the new-construction building in relation to the current Art Moderne-style structure.Gorman & Company; Gensler
Gorman & Company; Gensler
How the new mid-rise apartment building would front Ted Turner Drive. Gorman & Company; Gensler
A digital billboard on the proposed new building overlooking a greenspace where parking lots and active rail lines currently operate. Gorman & Company; Gensler
Gorman & Company; Gensler
Breakdown of plans for 197 new apartments downtown. Invest Atlanta
Subtitle
City-owned Atlanta Constitution property to house nearly 200 residences near Five Points
Neighborhood
Downtown
Background Image
Image
Associated Project
143 Alabama Street SW
Before/After Images
Sponsored Post
Off
Flexibility remains paramount in office-leasing decisions
Flexibility remains paramount in office-leasing decisions
Tenants have gained leverage in lease negotiations in recent years as office owners have seen companies downsize or exit buildings entirely.
Tenants have gained leverage in lease negotiations in recent years as office owners have seen companies downsize or exit buildings entirely. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
Tenants have gained leverage in lease negotiations in recent years as office owners have seen companies downsize or exit buildings entirely.
Flexibility remains paramount in office-leasing decisions
Flexibility remains paramount in office-leasing decisions
Tenants have gained leverage in lease negotiations in recent years as office owners have seen companies downsize or exit buildings entirely.
Tenants have gained leverage in lease negotiations in recent years as office owners have seen companies downsize or exit buildings entirely. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
Tenants have gained leverage in lease negotiations in recent years as office owners have seen companies downsize or exit buildings entirely.
At last, Piedmont Avenue Complete Street overhaul moves forward
At last, Piedmont Avenue Complete Street overhaul moves forward
At last, Piedmont Avenue Complete Street overhaul moves forward
Josh Green
Mon, 11/04/2024 – 08:02
Nearly a decade in the making, another Midtown Complete Street project is moving forward that’s designed to more safely move non-drivers near Piedmont Park.
Midtown Alliance has officially opened the bidding process for the Piedmont Avenue Complete Street Project, a 1.1-mile remake of an important, northbound intown thoroughfare.
A pre-bid conference for the project’s prospective builders is scheduled for Nov. 14.
The section of Piedmont Avenue in question stretches from Ponce de Leon Avenue up to 15th Street, where the roadway separates Ansley Park and the Piedmont Driving Club.
The reworked corridor is designed to better accommodate walkers, bicyclists, and those with limited mobility, while providing a new gateway for non-motorists to the western side of Piedmont Park.
Most of it would replace the easternmost parking and travel lane on Piedmont Avenue with a northbound bike lane. On-street parking would be designated for the other side of the street.
via Midtown Alliance
Scope of the 1.1-mile project. via Midtown Alliance
Like the under-construction, southbound bike lane at the Juniper Complete Street Project a block away, the protected Piedmont Avenue bike lane will travel in just one direction.
One short stretch of Piedmont Avenue—from a popular park entrance at 14th Street up to 15th Street—will see its sidewalk replaced with a multi-use path on the east side of the street, according to Midtown Alliance.
The project first came to light as part of the Renew Atlanta Bond program and Midtown Transportation Plan back in 2015. The engineering and design process began three years later, and the city approved the project’s final construction documents in 2021.
Funding sources include City of Atlanta TSPLOST 1.0 and Midtown Improvement District funds. Project officials estimated in 2022 the Complete Street would cost $5.2 million.
Now, all bids for the project are due Dec. 5.
Breakdown of a typical Piedmont Avenue Complete Street Project section. via Midtown Alliance
Whichever bidder is picked will have 545 days (or roughly a year and 1/2) to complete the work on Piedmont Avenue from the date of selection, per bidding documentation.
Below is a before/after look at what complete-streets implementation will mean for the intersection of Piedmont Avenue and 6th Street, as one example:
Scope of the 1.1-mile project. via Midtown Alliance
via Midtown Alliance
Breakdown of a typical Piedmont Avenue Complete Street Project section. via Midtown Alliance
At last, Piedmont Avenue Complete Street overhaul moves forward
Josh Green
Mon, 11/04/2024 – 08:02
Nearly a decade in the making, another Midtown Complete Street project is moving forward that’s designed to more safely move non-drivers near Piedmont Park.
Midtown Alliance has officially opened the bidding process for the Piedmont Avenue Complete Street Project, a 1.1-mile remake of an important, northbound intown thoroughfare.
A pre-bid conference for the project’s prospective builders is scheduled for Nov. 14.
The section of Piedmont Avenue in question stretches from Ponce de Leon Avenue up to 15th Street, where the roadway separates Ansley Park and the Piedmont Driving Club.
The reworked corridor is designed to better accommodate walkers, bicyclists, and those with limited mobility, while providing a new gateway for non-motorists to the western side of Piedmont Park.
Most of it would replace the easternmost parking and travel lane on Piedmont Avenue with a northbound bike lane. On-street parking would be designated for the other side of the street.
via Midtown Alliance
Scope of the 1.1-mile project. via Midtown Alliance
Like the under-construction, southbound bike lane at the Juniper Complete Street Project a block away, the protected Piedmont Avenue bike lane will travel in just one direction.
One short stretch of Piedmont Avenue—from a popular park entrance at 14th Street up to 15th Street—will see its sidewalk replaced with a multi-use path on the east side of the street, according to Midtown Alliance.
The project first came to light as part of the Renew Atlanta Bond program and Midtown Transportation Plan back in 2015. The engineering and design process began three years later, and the city approved the project’s final construction documents in 2021.
Funding sources include City of Atlanta TSPLOST 1.0 and Midtown Improvement District funds. Project officials estimated in 2022 the Complete Street would cost $5.2 million.
Now, all bids for the project are due Dec. 5.
Breakdown of a typical Piedmont Avenue Complete Street Project section. via Midtown Alliance
Whichever bidder is picked will have 545 days (or roughly a year and 1/2) to complete the work on Piedmont Avenue from the date of selection, per bidding documentation.
Below is a before/after look at what complete-streets implementation will mean for the intersection of Piedmont Avenue and 6th Street, as one example:
Tags
Piedmont Avenue Complete Street Project
Atlanta Complete Streets
Complete Streets
R. Powell & Associates
Midtown Alliance
Bike Lanes
Atlanta Bike Lanes
Atlanta Bike Infrastructure
Lord Aeck Sargent
Kimley-Horn
Kimley-Horn & Associates
Images
Scope of the 1.1-mile project. via Midtown Alliance
via Midtown Alliance
Breakdown of a typical Piedmont Avenue Complete Street Project section. via Midtown Alliance
Subtitle
Another Midtown one-way cycletrack en route near Piedmont Park
Neighborhood
Midtown
Background Image
Image
Before/After Images
Before Image
Image
After Image
Image
Sponsored Post
Off Read More
At last, Piedmont Avenue Complete Street overhaul moves forward
Josh Green
Mon, 11/04/2024 – 08:02
Nearly a decade in the making, another Midtown Complete Street project is moving forward that’s designed to more safely move non-drivers near Piedmont Park.
Midtown Alliance has officially opened the bidding process for the Piedmont Avenue Complete Street Project, a 1.1-mile remake of an important, northbound intown thoroughfare.
A pre-bid conference for the project’s prospective builders is scheduled for Nov. 14.
The section of Piedmont Avenue in question stretches from Ponce de Leon Avenue up to 15th Street, where the roadway separates Ansley Park and the Piedmont Driving Club.
The reworked corridor is designed to better accommodate walkers, bicyclists, and those with limited mobility, while providing a new gateway for non-motorists to the western side of Piedmont Park.
Most of it would replace the easternmost parking and travel lane on Piedmont Avenue with a northbound bike lane. On-street parking would be designated for the other side of the street.
via Midtown Alliance
Scope of the 1.1-mile project. via Midtown Alliance
Like the under-construction, southbound bike lane at the Juniper Complete Street Project a block away, the protected Piedmont Avenue bike lane will travel in just one direction.
One short stretch of Piedmont Avenue—from a popular park entrance at 14th Street up to 15th Street—will see its sidewalk replaced with a multi-use path on the east side of the street, according to Midtown Alliance.
The project first came to light as part of the Renew Atlanta Bond program and Midtown Transportation Plan back in 2015. The engineering and design process began three years later, and the city approved the project’s final construction documents in 2021.
Funding sources include City of Atlanta TSPLOST 1.0 and Midtown Improvement District funds. Project officials estimated in 2022 the Complete Street would cost $5.2 million.
Now, all bids for the project are due Dec. 5.
Breakdown of a typical Piedmont Avenue Complete Street Project section. via Midtown Alliance
Whichever bidder is picked will have 545 days (or roughly a year and 1/2) to complete the work on Piedmont Avenue from the date of selection, per bidding documentation.
Below is a before/after look at what complete-streets implementation will mean for the intersection of Piedmont Avenue and 6th Street, as one example:
Tags
Piedmont Avenue Complete Street Project
Atlanta Complete Streets
Complete Streets
R. Powell & Associates
Midtown Alliance
Bike Lanes
Atlanta Bike Lanes
Atlanta Bike Infrastructure
Lord Aeck Sargent
Kimley-Horn
Kimley-Horn & Associates
Images
Scope of the 1.1-mile project. via Midtown Alliance
via Midtown Alliance
Breakdown of a typical Piedmont Avenue Complete Street Project section. via Midtown Alliance
Subtitle
Another Midtown one-way cycletrack en route near Piedmont Park
Neighborhood
Midtown
Background Image
Image
Before/After Images
Before Image
Image
After Image
Image
Sponsored Post
Off
Atlanta’s Asbury Law Firm among tenants impacted by Georgia-Pacific conversion
Atlanta’s Asbury Law Firm among tenants impacted by Georgia-Pacific conversion
About a dozen tenants are impacted by the conversion project.
About a dozen tenants are impacted by the conversion project. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
About a dozen tenants are impacted by the conversion project.
Atlanta’s Asbury Law Firm among tenants impacted by Georgia-Pacific conversion
Atlanta’s Asbury Law Firm among tenants impacted by Georgia-Pacific conversion
About a dozen tenants are impacted by the conversion project.
About a dozen tenants are impacted by the conversion project. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
About a dozen tenants are impacted by the conversion project.
Ray, VeLa Start Work on $211M Nashville Venture
Ray, VeLa Start Work on $211M Nashville Venture
Ray and VeLa are again combining on a multifamily community, this one in Nashville. The 32-story, 367-unit Ray Nashville project will be valued at $211 million. Construction financing for Ray Nashville was provided by J.P. Morgan and Monroe Capital and arranged by Walker & Dunlop. Ray Nashville is designed by architectural firm Johnston Marklee & Associates in partnership with Lamar Johnson Collaborative. Layton is the contractor.
Located in the Pie Town neighborhood at 601 Lafayette Street, the 32-story tower will encompass 575,000 square feet of developed space. Units will range from studios to three bedrooms. Amenities will include an indoor-outdoor fitness center, yoga studio, spa, lounge, outdoor pool, dog wash stations, coworking spaces and public and private parking. The project will include 4,700 square feet of retail and a public gallery on the ground floor that will showcase pieces from Nashville-based artists. Estimated completion is 2027. The two firms recently broke ground on Ray Phoenix in Arizona.
The post Ray, VeLa Start Work on $211M Nashville Venture appeared first on Connect CRE.
Ray and VeLa are again combining on a multifamily community, this one in Nashville. The 32-story, 367-unit Ray Nashville project will be valued at $211 million. Construction financing for Ray Nashville was provided by J.P. Morgan and Monroe Capital and arranged by Walker & Dunlop. Ray Nashville is designed by architectural firm Johnston Marklee & …
The post Ray, VeLa Start Work on $211M Nashville Venture appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Ray and VeLa are again combining on a multifamily community, this one in Nashville. The 32-story, 367-unit Ray Nashville project will be valued at $211 million. Construction financing for Ray Nashville was provided by J.P. Morgan and Monroe Capital and arranged by Walker & Dunlop. Ray Nashville is designed by architectural firm Johnston Marklee & …
The post Ray, VeLa Start Work on $211M Nashville Venture appeared first on Connect CRE.