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Fuqua purchases 17-acre Leggett & Platt site at Memorial Drive, Beltline

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After nearly two years of planning, work will soon launch on $250-million development known as Madison Yards.

An aerial view of the site.
Cushman & Wakefield

The longtime home of a sprawling Leggett & Platt manufacturing facility in Reynoldstown—tucked along Memorial Drive and the Beltline’s unbuilt, southernmost Eastside Trail segment—will soon be transformed into a mixed-use development known as Madison Yards.

According to a press release, Jeff Fuqua, the notorious suburban-style-in-urban-settings developer, recently purchased the 17-acre site for nearly $30 million.

Now that the land is sold, construction will soon begin on the long-planned development to include some 550 residences, 80,000 square feet of loft office space, and 160,000 square feet of retail. Oh, and surface parking lots.

The development will be anchored by a Publix and AMC Theatre, confirming speculation of a change from the formerly expected Sprouts and CineBistro.

A mix of townhomes and apartments will be included in the project, with direct access to the Beltline likely being just as important as its adjacency to Interstate 20.

Construction on the $250-million development could wrap up as early as the spring of 2019.

An aerial rendering shows low commercial buildings ringing the site, with apartments beyond.
A rendering of the proposed development.
Vantage Realty Partners via Bisnow
A site plan for the development.
Vantage Realty Partners