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As Braves season unfolds, another project near Truist Park tops out (atlanta.urbanize.city)

submitted 6 months ago by UrbanizeAtlNewsBot@yall.theatl.social to c/atlantanews@yall.theatl.social

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As Braves season unfolds, another project near Truist Park tops out Josh Green Mon, 04/22/2024 - 08:05 The Braves’ wins tally isn’t the only thing going up around Truist Park right now.

As the Major League Baseball season unfolds, the Atlanta Braves and their real estate arm, Braves Development Company, have provided Urbanize Atlanta with photography showing how a new facet of The Battery Atlanta mixed-use complex is taking shape, two years after the project was announced.

Situated just outside the Braves’ 41,000-seat stadium walls, essentially behind home plate, the two-building, Class A office project under development now will serve as the new national headquarters for Truist Securities, Truist’s full-service corporate and investment bank.

It marks the latest development to move forward as part of a current growth spurt in and around The Battery.

The Truist Securities office project today, in relation to the MLB ballpark. Courtesy of Atlanta Braves/Braves Development Company

As shown prior to groundbreaking, the property along Battery Avenue where Truist Securities' new national headquarters has topped out. Braves Development Company

The 250,000-square-foot office building has risen to its full height of nine stories on the northwest side of Truist Park, up the street from the orange parking deck and Coca-Cola Roxy music venue. An adjoining parking deck with 750 spaces is also being built.

The project remains on schedule to be completed later this year, with Truist employees moving in sometime in 2025, according to officials.

At the outset, Truist Securities employees will occupy only about half of the building, according to terms of the 15-year leasing deal. The idea is that Truist will have the option to house more employees and grow its business presence at The Battery over time. Officials have said the office building will eventually house about 1,000 Truist Securities employees, roughly 300 feet behind the ballpark. Also in the plans is a 42,000-square-foot trading floor.

The 750-space parking deck is shown in the foreground here. Courtesy of Atlanta Braves/Braves Development Company

How the project is expected to look from Truist Park's entrance behind home plate, according to 2022 renderings. Braves Development Company; designs, Nelson Worldwide

Billed as “Atlanta’s Premiere Entertainment District”—or what Los Angeles baseball media has described as a "sterile shopping-mall" (never forget)—The Battery totals more than 2.25 million square feet of development today.

Truist Securities’ headquarters isn’t the only substantial project in the district’s pipeline.

On the flipside of the stadium, a two-tower project called “The Henry”—an homage to late Braves legend Hank Aaron—is in development beyond Truist Park’s left and centerfield walls. The Henry’s plans call for a mix of more than 500 upscale apartments, a 250-key Marriott Autograph hotel, retail space, and 54 condos, the latter representing a rare for-sale residential option for the district.

Elsewhere, an apartment venture called Ellison Parkview (formerly The Optima Apartments) is expected to open this summer on nearby Windy Ridge Parkway, claiming what used to be 4 acres of hilly woods about a block west of the ballpark. Expect 298 rentals, 6,000 square feet of space for restaurants and retail, and a new rideshare pick-up and drop-off area. Pre-leasing has yet to begin, according to that project’s website.

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