In a boon for the Beltline, Jamestown Properties, new urban-ism enthusiasts and Atlantans in general, U.S. Secretary of Transportation Ray LaHood announced yesterday that the Feds will kick in a cool $800,000 to assist in construction of a $2.7 million pedestrian/bicycle bridge connecting the Beltline to the massive redevelopment project Ponce City Market.
Ponce City Market is the new name for the old City Hall East building on Ponce De Leon Avenue that used to be a huge Sears store and distribution center. Atlanta-based Jamestown Properties and their giant pot of German capital purchased the building from the City of Atlanta and plan to sink $180 million into redeveloping the project, which will feature office, retail and restaurants. It's likely the project will bear some resemblance to the Chelsea Market in NYC, another Jamestown property.
· Beltline wins federal cash for bike/ped bridge [Creative Loafing]