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Reynoldstown Project could Include Cinema, Sprouts Market

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[Image: Google Maps; documents: City of Atlanta Office of Planning.]

In Reynoldstown, a natural food grocer and luxury dinner-and-movie theater are in the works for a large industrial property on Memorial Drive, furthering the corridor's status as an epicenter of post-recession investment. At a recent neighborhood meeting, Fuqua Development head Jeff Fuqua divulged his plans to include Sprouts Farmers Market and CinéBistro — along with a 20,000-square-foot fitness center, several restaurants, apartments, senior housing and condos — in the mixed-use development that will replace the 17-acre Leggett & Platt manufacturing complex.

Other aspects of note: Parking decks would be sequestered along Interstate 20, and the development would implement a street grid by extending existing Holtzclaw and Gibson streets, dividing the project into four quadrants. Fuqua is seeking to rezone the property from industrial to mixed-use, and if all goes well would like to close on the property by year's end and finish construction in 2018, according to discussions at a recent Reynoldstown Civic Improvement League meeting.

Fuqua has experience with both potential marquee tenants, having inked Sprouts at Modera Morningside and CinéBistro at Town Brookhaven, a project Fuqua helped lead as an executive at Sembler Co. One of several Curbed tipsters who'd caught wind of Fuqua's intentions for Reynoldstown opined: "His plans for the Leggett & Platt site are remarkably favorable considering what we're used to seeing from his company."

The news comes days after Paces Properties announced they'd signed a sister location of the Candler Park Market at the Larkin on Memorial project several blocks away.

· Rate Your Feelings About Fuqua's Next (Pending) Purchase [Curbed]