Another large mixed-use development project is coming soon to Atlanta, and on today’s All About Real Estate edition of Atlanta Real Estate Forum Radio, the ones making it happen are here with co-hosts Carol Morgan and Todd Schnick to give listeners the details on what to expect. Bryan Heller, senior vice president with CBRE and Jimmy Barry, partner with Urban Creek Partners discuss all the excitement that is planned at Atlanta’s newest large-scale development, Quarry Yards.
Quarry Yards, the first phase of which is expected to break ground in 2019, will be a new urban, mixed-use greenspace development on the west side of Atlanta. The first phase of the 70-acre development will be the home of 575,000 square feet of corporate office space, 850 apartments, a permitted 300-key hotel and 75,000 square fett of retail, restaurants and more. Urban Creek Partners and ex-Atlanta Brave Mark Teixiera acquired the property over 10 years ago before the recession and has been waiting ever since for the market to turn. The planners spend 2016 working out NPU details and going through the zoning process and has hired CBRE to join them and begin the marketing process.
Their perfect tenant, they say, is a person or organization that is highly lifestyle-driven. Quarry Yards will be incredibly location- and amenity-focused, because Urban Creek Partners has exactly planned it to offer connections to the City of Atlanta, the Bankhead MARTA station, the BeltLine and the upcoming Westside Reservoir Park, which will stretch 280 acres and be larger than Piedmont Park. Their “who” for the development targets not only the tech-driven career community, but anyone who wants to be connected both to nature and to the city.
Quarry Yards will be only a mile from Georgia Tech, right in the downtown Atlanta area, only three miles from Midtown. In addition to its impeccable proximity to the best venues currently in existence in Atlanta, Quarry Yards will offer plenty of greenspace and allow it to be open for events and recreation and lined with bars and restaurants to make the area an outdoor-focused amenity.
Quarry Yards’ namesake is the parcel of land known as Bellwood Quarry, which is 450 feet deep and is planned to become a reservoir to hold a 30-day supply of drinking water for Atlantans, right next to the upcoming Westside Reservoir Park. Heller and Barry thus consider Quarry Yards the gateway into Westside Park.
Phase II of Quarry Yards is expected to contain more office space, residential space and retail space to promote a “live, work and play” atmosphere. However, the uniqueness of Quarry Yards sells it even more than its excellent, enhanced lifestyle. The area’s connectedness, activity, energy and more that gets residents and employees out from the four walls of their office or home and into the community is what makes Quarry Yards truly special.
More information on Quarry Yards can be found on its upcoming website, which will be live in just a few weeks. In the meantime, check out the planned excitement at www.UrbanCreekPartners.com or on Facebook and Twitter. Tune in to today’s podcast to hear more!
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