U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Georgia > Atlanta
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 01-14-2015, 01:56 PM
 
2,092 posts, read 2,574,427 times
Reputation: 1090

Advertisements

Underground Atlanta developer in talks with new dowtown grocery - Atlanta Business Chronicle
Reply With Quote Quick reply to this message

 
Old 01-14-2015, 02:04 PM
 
9,994 posts, read 6,989,380 times
Reputation: 3068
Quote:
Mount Pleasant, S.C. based real WRS Inc. has a commitment from a grocery chain to help anchor Underground Atlanta, said Atlanta Chief Operating Officer Michael Geisler
Wow. That was fast!
Reply With Quote Quick reply to this message
 
Old 01-14-2015, 04:53 PM
 
7,113 posts, read 8,154,998 times
Reputation: 1777
Quote:
Originally Posted by Gulch View Post
I used to work with their former security director around 2000-02, and he told me that he left Underground because some city councilmembers were telling his bosses to "ease up" on kicking out loiterers.
In the beginning, UA had a dress code. Thinking being "inclusive" is good is probably what brought it down. That is what came close to bringing Atlantic Station down too.
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 08:18 AM
 
9,994 posts, read 6,989,380 times
Reputation: 3068
Invest Atlanta approves sale of Underground Atlanta to WRS Inc. | SaportaReport

Quote:
Atlanta’s economic development agency approved a resolution Thursday that permits the sale of Underground Atlanta to Mount Pleasant, S.C.-based real estate investment firm WRS Inc.

WRS reached an agreement with the city’s economic development arm, Invest Atlanta to buy the long-struggling retail and entertainment center for $25.75 million. The 12-acre site is planned as a mixed-use development with retail, residential and possibly a hotel.

The deal is far from done.

Atlanta City Council still has to vote on the transfer of 11 parcels to Invest Atlanta, which is expected to happen at a Jan. 20 meeting. That transfer of land must happen before the city can sell the 12 acres to WRS.

The sale of Underground would close no later than Sept. 30, according to Invest Atlanta. In the next few months, WRS will have to provide its redevelopment plans and construction schedule to Invest Atlanta...
Still a while till they close the deal. But sounds like they will have the redevelopment plans ready before then.
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 08:31 AM
 
Location: Kirkwood
22,348 posts, read 16,353,194 times
Reputation: 4966
I really hope they tear down the parking garage at wall and Peachtree streets.
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 08:40 AM
 
225 posts, read 189,198 times
Reputation: 291
Quote:
Originally Posted by Frankster87 View Post
Once we start this development, you will see many other developments started by other people in the area,” Smith said. “That’s not unusual at all with our other developments. To fix Underground, we feel we need to put people above ground and give people a reason to come more often than they do. We want to turn this into a community.

That is the most exciting aspect about this project. I hope it really activates the whole area for residential growth.
I've been saying this for years. It's not about what you put in Underground Atlanta (e.g. shops, bars, casino, etc.). It's what you put around and above Underground that will change that spot. In particular, it needs to be a residential to feel safe at all hours.
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 08:43 AM
 
Location: Kirkwood
22,348 posts, read 16,353,194 times
Reputation: 4966
You can bet WRS will have 24 hour security to protect the value of their investment.
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 10:53 AM
 
7,113 posts, read 8,154,998 times
Reputation: 1777
Quote:
Originally Posted by cqholt View Post
I really hope they tear down the parking garage at wall and Peachtree streets.
I don't think they own it. And it's probably useful for GSU and other downtown workers.
Reply With Quote Quick reply to this message
 
Old 01-16-2015, 11:06 AM
 
Location: Kirkwood
22,348 posts, read 16,353,194 times
Reputation: 4966
Quote:
Originally Posted by MathmanMathman View Post
I don't think they own it. And it's probably useful for GSU and other downtown workers.
There is plenty of other parking garages for them to park at.
Reply With Quote Quick reply to this message
 
Old 04-28-2015, 09:40 AM
 
2,092 posts, read 2,574,427 times
Reputation: 1090
Firm expected to buy Underground emphasizes plan to attract residents - Atlanta Business Chronicle
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Georgia > Atlanta
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top