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An Unsubstantiated Rumor Mash-Up: Sembler Is Bringing Walmart to The BeltLine

What's even better than one hot real estate rumor? Two real estate rumors smashed together! While one doesn't necessarily associate Walmart with visionary achievements in sustainable development, a site for sale along The Atlanta BeltLine and across from Glenwood Park may provide Atlanta with an example. A few months ago we passed along the rumor that Sembler, the retail developer responsible for Atlanta mixed-use shopping landmarks like Town Brookhaven and the Edgewood Retail District had the former LaFarge concrete facility property on Glenwood Avenue under contract. After a few months of relative silence on the site's fate, our friends at Creative Loafing are now reporting the rumor that everyone's favorite "killer of dreams and kittens"- Walmart- is sniffing around the 20+ acre parcel. Though no mention of Sembler is made, the two behemoths have worked together many times before, and having Walmart as an anchor is a great way to get a project financed in these hardscrabble times. As discussed in the CL piece's Comments section, potential implications for the BeltLine are unclear. Freak-outs may commence....now.

· Walmart coming to Glenwood Park? [Creative Loafing]