Bankhead Development (Atlanta, Pitts: sales, real estate, apartments)

[Born 2 Roll]

A proposed 40-acre mixed-use development with apartments, townhomes and office buildings next to the BeltLine could become one of the largest real estate development projects on Atlanta’s Westside.

Developer Tenth Street Ventures last year purchased just over 15 acres at 1060 Donald Lee Hollowell Parkway in Bankhead for roughly $20 million, according to Fulton County property records. Now it’s assembling 25 more acres, including land along the Westside Trail...

... Documents show the project would include up to 2,000 apartments and townhomes, some in 10- to 12-story buildings. The project would also include 500,000 square feet of office and commercial space.

A New 40-Acre Project Could Become One Of The Largest On Atlanta’s Westside (WABE-FM 90.1 Atlanta)

[J2rescue]

Originally Posted by Smocaine

I'll believe that west Atlanta is nice when I see it. Cities are nothing if not cyclical, and it would not take much for the rubber band to snap back and the west side would be the first area to fail. Even NYC was a dumpster fire for decades, so an office building/campus isn't exactly the finish line.

No, it's not the finished line but actually closer to the starting point. The Microsoft Campus is just the latest large project that will be a catalyst for long-term investment in the Westside, even through economic cycles.

If for some reason the Microsoft Campus never happens, the Beltline is never completed and future phases of Westside Park are canceled, then yes it is possible for growth to stall or reverse. But those all seem unlikely or would have to be the result of something pretty catastrophic given the momentum the area already has even before any of those projects are fully realized.

[Atlwarrior]

Originally Posted by J2rescue

No, it's not the finished line but actually closer to the starting point. The Microsoft Campus is just the latest large project that will be a catalyst for long-term investment in the Westside, even through economic cycles.

If for some reason the Microsoft Campus never happens, the Beltline is never completed and future phases of Westside Park are canceled, then yes it is possible for growth to stall or reverse. But those all seem unlikely or would have to be the result of something pretty catastrophic given the momentum the area already has even before any of those projects are fully realized.

@Smocaine, the Westside is and has been on fire without Microsoft.

Microsoft has an opportunity to create a totally sustainable project that will put its Corporate Social Responsibility off the charts. To have its, campus, residents, and improve a community at the same time is totally an amazing corporate internality of community sustainability and ultimate usefulness.

[LynnHarris1]

Priced up to $586K, Bankhead townhomes are banking contracts galore

https://urbanize.city/atlanta/post/w...homes-for-sale

SOURCE: Josh Green/Urbanize Atlanta

[Born 2 Roll]

Atlanta Hip-Hop legends Killer Mike and T.I. filed a building permit this week to kickstart plans to rebuild and reopen the historic Bankhead Seafood restaurant in Northwest Atlanta.

The historic Westside restaurant first opened on Donald Lee Hollowell Parkway (then-Bankhead Highway) in 1968 and closed in 2018. Both Hip-Hop legends said they are doing this to invest in the community.

Killer Mike and T.I. officially purchased the business in 2019, including the name, trademark and recipes.

They said the hope is for the eatery to “be a fully-functioning” restaurant, complete with a liquor license.

Atlanta rappers Killer Mike, T.I., move forward with plans to revive historic Bankhead Seafood (WSB-TV Atlanta)

[equinox63]

Now priced up to $840K (!), Bankhead townhomes eclipse half-sold - Urbanize Atlanta

[ShenardL]

Originally Posted by equinox63

Now priced up to $840K (!), Bankhead townhomes eclipse half-sold - Urbanize Atlanta

Ah, I remember a real-estate agent telling me to buy homes in Bankhead/Old 4th Ward/Pittsburgh around 10 years ago when some homes were in the $10k range and hold onto them. Of course, I didn't listen.

[LynnHarris1]

Prices slashed at upscale Bankhead townhome community

Here’s a word that’s been absent from the Atlanta housing market lately but has popped up notably on the Westside: Discount.

Coincidentally or not, during the same month Microsoft officials confirmed a Westside tech campus project won’t be moving forward as planned, a new townhome community three blocks away that’s attracted headlines for smashing Bankhead sales records is undergoing significant price decreases ..."

https://atlanta.urbanize.city/post/b...ed-brock-built

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