Atlanta: Where metro Atlanta’s big development projects stand

Atlanta: Where metro Atlanta’s big development projects stand

By Andy Peters, The Atlanta Journal-Constitution

Troy Warren for AtlantaNewsAndTalk.Com

Many of metro Atlanta’s big development projects experienced only slight delays because of the pandemic. Construction proceeded on some of the largest sites, and groundbreaking is expected to begin soon on others.

Here is the status of seven of the largest projects in terms of physical size and financial investment, accompanied by architectural renderings from the developers:

The Gulch

The site of Centennial Yards is a collection of aging parking lots and railroad tracks, loomed over by street viaducts. Financed in part by a $1.9 billion Atlanta municipal bond sale, it is a speculative project with no major tenant announced. Its first residential and office units, located in the rehabbed Southern Railway buildings, are set to open this summer.

Atlanta city leaders hope that CIM Group’s development will help restore vibrancy to downtown. A CIM spokesman could not be reached.

Cost: $5 billion

Size: 50 acres

What it includes: 9 million square feet office; 1 million square feet retail; 1,000 residences; 1,500-key hotel; all spread across several towers and buildings.

Tenants: Wild Leap brewery

Announced: 2017

Expected completion: 2029-2031


 

GM Doraville

Developer Integral Group bought the site along I-285 in DeKalb County in 2014 and planned to build a mini city there. It has a film studio but otherwise remains empty.

Atlanta-based Gray Television, which owns dozens of TV stations nationwide, bought the site in March and plans to develop movie studios, office buildings, apartments and retail stores. Gray has applied for permits to begin and says it will start in August.

Cost: Not announced

Size: 128 acres

What it includes: Movie studios, residential, office and retail space. Gray has not released project details.

Tenants: Swirl Films

Announced: March 2021

Expected completion: 2026


 

Midtown Union

The project includes offices, residences, retail, a hotel, rooftop decks and a large public plaza. The exterior of its main parking deck features a geometric pattern designed in gray and yellow.

Cost: Not announced

Size: 9 acres

What it includes: 588,000 square feet of office in a 26-story tower; 30,000 square feet retail; 355 residential units; 230-key hotel.

Tenants: Invesco

Announced: 2017

Expected completion: Fall 2022


 

1105 West Peachtree

The development has a 31-story office tower, a separate residential tower, retail and an Epicurean Hotel, the boutique hotel brand managed by Marriott. It will open later this year.

Cost: $530 million

Size: 9 acres

What it includes: 675,000 square feet office; 20,000 square feet retail; 64 residential units; 178-key hotel; large rooftop deck

Tenants: Google; Smith, Gambrell & Russell

Announced: 2017

Expected completion: Fall 2021


 

Quarry Yards

Microsoft bought the stalled Quarry Yards development in Westside Atlanta last year and plans a company campus that will include residential units and retail. The site is located next to Westside Park at Bellwood Quarry, Proctor Creek Greenway trail and Bankhead MARTA rail station. Construction has not started and the company declined to provide more details.

Cost: Not announced

Size: 90 acres

Tenants: Microsoft

Announced: February 2021

Expected completion: Not announced


 

High Street

High Street’s developer, GID Development, was expected to begin work this summer in the Dunwoody development next to Perimeter Mall. As of late July, GID had not yet applied for city building permits. GID declined to comment.

Cost: $2 billion

Size: 36 acres

What it includes: 622,000 square feet office; 400,000 square feet retail; 3,000 residences; 400-key hotel

Tenants: None

Announced: 2007

Expected completion: Unclear


 

Revel

Revel was planned as a mix of offices, apartments and retail on an 118-acre site next to Gas South Arena in Duluth. But North American Properties dropped out in January 2020 as the project’s lead developer.

Gwinnett County plans to hire a new developer but its first priority is an expansion of the site’s convention center and completion of a new hotel, said Lisa Anders, executive director of Explore Gwinnett, the county’s tourism agency.

Cost: $900 million

Size: 118 acres

What it includes: 865,000 square feet office; 300,000 square feet retail; 900 residences

Tenants: None

Announced: 2018

Expected completion: Unclear


 

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By Troy Warren

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