![]() One person was shot and killed, while five others were injured. On the night of November 26, 2022, several people opened fire in the Atlantic Station neighborhood. On October 1, 2015, Atlantic Station's retail core was officially sold to Hines Interest Limited Partnership with an unnamed joint financial partner. Toro's vision to transform Atlantic Station included new retail, new restaurants, better parking and a renewed effort to make Atlantic Station a destination for in-town residents. Toro and the NAP management launched a social media blitz, attended community meetings and real estate symposiums to openly discuss challenges, such as crime, and invite feedback. In a joint venture, North American Properties Atlanta, founded by Mark Toro, and CB Richard Ellis Investors closed on the purchase of Atlantic Station's retail component on December 31, 2010. At least five million dollars of damage was done to the buildings, 18 cars parked on the street were destroyed and another 7 were seriously damaged from the intense heat. In addition to the destruction of the 65-unit Element building, which was only framed-in at the time, another 80 inhabited units at the Art Foundry across Mecaslin Street had damage to the facade, including scorching, broken windows, and melted miniblinds. Two days later, it was ruled arson after a major investigation. In July 2005, a pre-dawn fire completely destroyed a large wood-frame residential building under construction. Atlantic Station received the EPA's 2004 Phoenix Award as the Best National Brownfield Redevelopment, as well as the Sierra Club's 2005 America's Best New Development Projects listing. The 17th Street bridge was completed in January 2004 and the first round of retail establishments opened in October 2005. In October 2003, the very first residents moved into the development. The proposed BeltLine transit/ greenway project is expected to pass within a few miles of the development. Additionally, the project was developed to help mitigate urban sprawl and reduce air pollution by allowing many more people to live and work within walking distance of most everyday things they need, with many alternative transportation options nearby. (DDG), based in Baltimore.Ītlantic Station was designed with energy efficiency in mind and many of the buildings are LEED certified. The project design was led by US architect, John Clark while working at Development Design Group Inc. Its size encouraged the Postal Service to award the neighborhood its own ZIP code: 30363. The development was originally planned to include 15 million square feet (1,400,000 m 2) of retail, office, residential space as well as 11 acres (45,000 m 2) of public parks. The redevelopment of the land into what is now Atlantic Station was financed largely by private investment, but was heavily supplemented by a special tax district to pay for city tax bonds for public utilities ( streets, sidewalks, and sewers). ĭeveloper Jim Jacoby, who also redeveloped Florida's Marineland, began putting the project together in 1997 when his company became the property contractor of the land. The steel mill was nearly closed in the mid-1970s, but it remained nominally operational primarily to avoid the huge costs it would have required to remediate the soil contamination present after years of operation. ![]() All rights reserved.Atlantic Station is located on the site of the Atlantic Steel mill, which opened in 1901. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.Ĭopyright 2024 GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. © 2024 First Multiple Listing Service, Inc. ![]() If you believe any FMLS listing contains material that infringes your copyrighted work please () to review our DMCA policy and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. The listing brokerage is identified in any listing details. ![]() Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website.
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