ATLANTA – Executives from Carter, the lead developer of Summerhill, the ambitious project anchored by the former home of the Atlanta Braves, described their plans during Arnall Golden Gregory’s Real Estate Breakfast Briefing on March 20, 2018.
Carter, Healey Weatherholtz Properties and Oakwood Development are partnering to redevelop 35 acres along Georgia Avenue and Hank Aaron Boulevard. Georgia State University owns another 38 acres, including the former Turner Field (now home to GSU’s football team) and the former Atlanta-Fulton County Stadium site.
“This is a project that’s just transformative,” remarked Abe Schear, a real estate partner at Arnall Golden Gregory who introduced the speakers, Carter President and CEO Scott Taylor and Carter SVP David Nelson.
Mr. Taylor said the development will have “two personalities”: commercially oriented on Hank Aaron Boulevard and neighborhood focused on Georgia Avenue. Offices, retail and multifamily components are planned.
Mr. Nelson said Georgia Avenue will be pedestrian friendly, lined with small businesses, including food uses, which will offer patio and rooftop space. The architecture will vary but complement the existing brick buildings, and feature natural building materials. Street art will be embraced. Some of the multifamily homes will be townhouse style, grouped into pods.
The development, which will take several years to complete, will revitalize a historically important Atlanta neighborhood. Mr. Schear pointed out that Summerhill was settled by freed slaves and Jewish immigrants.
Arnall Golden Gregory is handling the retail leasing in Summerhill’s first phase. Thus far, a brewery, bakery, coffee house and BBQ restaurant have signed on. Principals in each of those businesses live in the area.
Although much planning has gone into Summerhill, Mr. Taylor encouraged the audience to offer suggestions. “It’s going to take a team effort by a lot of smart people to make this work,” he said.
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