From the ashes of failed big-box ambitions, a new plan has emerged in Lindbergh that should be more in line with the area's vision to become a dense residential utopia. A Charleston-based company called Greystar is pitching a 359-unit apartment project (with potentially cheaper rents than Midtown and Buckhead) on six acres behind the Lindbergh Plaza shopping center that includes Best Buy and Home Depot, the Atlanta Business Chronicle reports. Those six acres were meant to been included in the 20-acre "Lindbergh Retail Shopping Center" — a proposed mixed-use development by Jeff Fuqua's company that would've been anchored by a Walmart Supercenter. As with Fuqua's more recent proposal near Glenwood, opposition to the suburban-style plans quickly spread from the immediate area to the city level, where requisite zoning changes were stiff-armed. But Fuqua's not done with the site just yet.
The newspaper reports Fuqua's company has new but scaled-back plans for the site, which would call for 10 acres of strictly retail space; Fuqua has bagged an anchor tenant but wouldn't disclose it.
As for the apartments, Greystar has the land — bounded by Morosgo Drive, Morosgo Way and Adina Drive — under contract and hopes to break ground this September, possibly opening in late 2015. Local leaders applauded Greystars plan in interviews with the Atlanta Business Chronicle, noting that the area around MARTA-anchored Lindbergh City Center is ripe for a post-Recession comeback, with its highway access and pending connections to the Beltline and PATH400 trails. One officials said of Lindbergh: "It's just got infinite possibilities."
·Greystar eyes Lindbergh for apartments [Atlanta Business Chronicle]
· More Lindbergh coverage [Curbed Atlanta]