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Arrested Development

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Remember the "Times Square South" spitball that smacked against the wall of Atlanta media in 2011? Don't expect that 350,000 square-foot mixed-use development (with tourist attractions!) to break ground at 285 Marietta St. soon, as Legacy Property Group recently reported the project hasn't seen much "traction." But the company could test downtown's rental appetite with a smaller apartment project and, if that performs well, retool the Times Square South idea into a rare residential project downtown. [Bisnow]