The development, notable for its immense Krobar (alternate spellings: Kro-Bar; Kro-BAR) and sea of surface parking, remains a work in progress, as plans come together for adjacent parcels. Which is where the latest controversy involving Fuqua is unfolding.
However, Fuqua and his partners have announced they will now seek to have the property rezoned for the development of a self-storage facility.
According to the Grant Park Neighborhood Association, the development team presented their case this week for the switch, due to the project’s inability to qualify for low income tax credits. The team outlined the benefits of a 700 to 800-unit storage facility, including high property taxes, and limited traffic congestion.
However, notes from the packed meeting indicate that most community members who came out are opposed to the facility, with some likening it to a “bait and switch” tactic.
If Fuqua were able to pull off the change, it wouldn’t be the first time he built a storage facility in a burgeoning intown area.
Per Grant Park leaders, the next step for the Glenwood Place project will be a rezoning application with the city.
- 800 Glenwood – 2/13/18 Neighborhood Listening Session Update (draft) [Grant Park Neighborhood Association]