If you are a smart business person and have ever considered a business move that you know could take you to the next level, then consider Atlanta. It’s a good look and the right move for fast-growing companies who are looking to expand into a strong market. Atlanta has so much to offer (way too much to shove inside one article), so let’s just focus on downtown for now.
You may have already heard about the amazing connectivity the Atlanta Beltline is providing and new developments are still underway. Take a look and see what’s happening in ATL!
- The Beltline is slated to be connected to Centennial Park via a 3 mile trail which will be erected by the PATH Foundation.
- Germany based developer, Newport, has purchased 47 properties downtown on Peachtree Street, Martin Luther King Jr Drive, Mitchell Street, and Broad Street. Newport plans to do a $500 million makeover which will give south downtown a facelift and a brand, new swagger.
- The proposed Signia Hilton Hotel, designed by Gensler, is slated to kick off in late April or May soon after the NCAA Final Four Tournament.
- The former Norfolk Southern Atlanta HQ is being transformed into a $70 million, 280,000 square foot adaptive-reuse project called Freight House which is conveniently located right off of Highway 20. It will house 6-7 retailers, 50,000 square feet of office space, and hundreds of new residents. This project will be hot and will link downtown and Castleberry Hill.
- Underground Atlanta is also getting a “touch up”. The property will change into a $300 billion blend of apartments, student housing, and retail. It encompasses 12 underground acres plus 225,000 square feet of shopping and entertainment.
- The Gulch is probably one of the city’s most awaited projects. It is being rebranded as the Centennial Yards which will be a $5 billion dollar mini city consisting of 8 million square feet of office space, 1,000 residences, 1,500 hotel rooms, and a regional mall’s worth of retail.
CAN WE SAY, “PRE-LEASE”?
We are talking about $10 billion dollars in new developments slated for downtown. In addition to that, an 8 member 501(c)(6) CPD (Central Park District) advisory committee, including major property owners as well as representation from the Atlanta Convention & Visitor’s Bureau, has been formed. They are working together to pool resources to make Atlanta more appealing to visitors and to attract more tourists.
Strengthen your brand, elevate your standards, and turn your “shoulds” into “musts”. Atlanta is where your business should must be.