Streetcar continues to attract development (Atlanta, Dunwoody: loft, transfer, theater)

[cqholt]

Historic Hurt Building sold for $34M, major reno and Starbucks

Plans call for the group to invest nearly $4 million in improvements to the lobbies, including removing 1980s carpeting to reveal original marble floors. And in a nod to the growing population of sleep-deprived GSU students in the area, a Starbucks will fill retail space at the ground floor.

Downtown Atlanta historic high-rise sells for $34M, massive reno planned - Curbed Atlanta

[jsvh]

Originally Posted by cqholt

Historic Hurt Building sold for $34M, major reno and Starbucks

Downtown Atlanta historic high-rise sells for $34M, massive reno planned - Curbed Atlanta

They are very bullish on the area (and I agree):

"The entire dynamic is changing for downtown," he said. "More people are using MARTA. GSU is expanding. Underground Atlanta and the new (Falcons) stadium are happening. It only makes sense that the next wave of development will happen in the Five Points area."

[glovenyc]

Awesome

[cqholt]

Now, plans call for the creation of a 1,200-person live music venue in a former YMCA building just a block from Sweet Auburn Curb Market and the Atlanta Streetcar line.

Invest Atlanta has announced a grant to help bring the Sweet Auburn Ballroom to fruition. Thanks to the newly created Resurgens Fund, brought about by the Eastside TAD, the project will get $1 million in support.

Explains the agency:

“The Eastside TAD includes Sweet Auburn, the Old Fourth Ward, as well as parts of Grant Park, Cabbagetown, and Downtown Atlanta. As the redevelopment agent for the Eastside TAD, Invest Atlanta supports real estate development, streetscape improvements, and new economic activity in these neighborhoods” like new music venues.

Live Nation, who also runs the Tabernacle downtown — roughly more than double the size of the Ballroom — will develop and manage the venue

http://atlanta.curbed.com/2016/12/16...venue-downtown

[fieldm]

Just about to post that lol.

My issue is the parking. Well they can park across the street in that huge parking lot from that prison looking GSU dorm. This will definitely help diversify the crowd in that area at night!

[JPD]

I'm not a fan of Live Nation, but this should be a good addition to the neighborhood.

[cqholt]

Originally Posted by fieldm

Just about to post that lol.

My issue is the parking. Well they can park across the street in that huge parking lot from that prison looking GSU dorm. This will definitely help diversify the crowd in that area at night!

Park at the nearest MARTA Station, ride downtown, then transfer to Streetcar. Or use any number of underused parking garages downtown and walk.

[fieldm]

Originally Posted by cqholt

Park at the nearest MARTA Station, ride downtown, then transfer to Streetcar. Or use any number of underused parking garages downtown and walk.

True plus by the time the average show is over b4 midnight it will get that area time to clear out for the night crowd. Hopefully most of the people will just bar hop on Edgewood after the show is over

[fieldm]

Just happy they chose to come downtown with all the other music venues

[cqholt]

Originally Posted by fieldm

Just happy they chose to come downtown with all the other music venues

Yes and that downtown offers transportation options for visitors.