Tag Archives: Real Estate Development

Is Grant Park Being Reborn?

Image Source: Metrocouncil.org

Image Source: Metrocouncil.org

Grant Park is one of the most historic areas around Atlanta. The park has been called the “crown jewel” of Atlanta’s park system and is the city’s oldest green space of over 120 years! It’s home to Zoo Atlanta, a Civil War Museum and Atlanta’s Cyclorama with pubs, restaurants and the Oakland Cemetery nearby. There’s an avid bicyclist community, and it’s definitely a walkable community. It just needs more places for people to walk to. Hint, Hint…there’s more opportunity in Atlanta for real estate development.

It’s been a long time coming, and it looks like the Atlanta real estate market rebound has finally gotten real estate developers pouncing on opportune spots like the Grant Park area to build. The latest scoop on the Grant Park area is the plan for a $10 Million Mixed-Use project.  The Atlanta real estate market is definitely seeing its share of these. The developers are looking to bring a five-story project to the area between Harden and Hill Streets. The building will be comprised of 94 apartment units and there will be space for retail and restaurants. This area of Atlanta has a lot of cute little coffee shops and eateries, and the retail space that’s planned to be included will definitely increase the number of things to do in the area. If all goes as planned, which we know how that usually goes, the development could be all done by July 2014.

And there’s more. Only, this development remains a mystery. What we know right now is that 341 Memorial Drive was acquired by Westside Revitalization Acquisition. From the Atlanta Business Chronicle, word is is that they plan to build a local grocery and restaurant on the site. If so, that’s major news for this improving side of Atlanta. There’s been tons of digging, and for right now, this is what we’ve come up with.

Comment and tell us what’s your favorite part about the Grant park area.


Leave a comment

Filed under New Developments