The Atlanta market is setting itself up for a strong year in 2022. Despite uncertainty around inflation and the pandemic, office, mixed-use and industrial projects have been a cornerstone of development in the region. Atlanta remains the most active industrial development area in the Southeast, with 16.4 million square feet added in 2017 and an additional 19 million square feet under development.
What’s New?
Edge City 2.0 Redevelopment - Pond & Company is designing a new development in Dunwoody that will elevate the “urban-burb” and reignite the neighborhood.
Centennial Yard South entered its second phase of development with 232 new apartments being developed by Stream Realty Company.
Downtown Decatur shifts as developer, Modera Ventures, redevelop an old bank into a new, deluxe-style apartment and parking lot.
RCP Cos. is planning a $300 million mixed-use development with 600 residential units, 500,000 sq ft of retail space and 2 hotels.
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Exciting Projects Transforming Atlanta
Palmetto logistics park - Building 3, a joint venture between CT Realty and Hardie Real Estate Group, broke ground on a $33.2 million project that is keeping pace with the rapidly growing South Atlanta area.
Gillem Logistics Center, developed by Robinson Weeks and Starwood Capital, will be the fourth largest industrial project consisting of 909,509 sq ft. Robinson Weeks is also developing a 377,520 sq ft project beside the joint venture. The entire park is set to be a 1,168 acre project south of Atlanta.
The Battery Atlanta is a new hub for entertainment and social gatherings, as a one-stop-shop for everything sports and entertainment-related. It also includes over 800,000 sq ft of office space and is one of the premier mixed-use developments in Atlanta.
Halcyon is a new mixed-development that has redefined how Forsyth County residents live, work, dine and play. It’s set to add 700 new apartments and townhomes, making it one of the most anticipated projects in Atlanta’s northern metro.
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Georgia Digest