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[All images by Weingarten Realty via Atlanta Business Chronicle.]
New information and images give a glimpse at what could be one of the most transformative projects in Atlanta in coming years. Weingarten Realty has released renderings of the mixed-use development slated to replace the Civic Center. Weingarten is in negotiations with the city to purchase the 19-acre site for $30 million, promising to invest 10 times that amount into the new development. The Atlanta Business Chronicle reports that the latest drawings show a more urban approach to the site than past iterations.
The new visuals show greater density than previously indicated. While there's still plenty of park space, Weingarten is now proposing parking decks wrapped with amenities in lieu of surface lots. Overall, the proposal still screams "Avalon!," and could probably trend a lot closer to urban to appease more city-dwellers. That being said, it's an improvement over the existing parking-lot-covered site.
Estimated to cost around $300 million, the proposal includes an office tower, residences — a mix of condos, apartments and townhomes — retail space and a grocery store. If Mayor Kasim Reed follows through on his plans to shut down the Peachtree-Pine shelter, it's a safe bet this neighborhood investment won't be an island unto itself.
· Atlanta Civic Center redevelopment plans revealed [Atlanta Business Chronicle]
· Civic Center Development Could be a $300M Whopper [Curbed Atlanta]
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