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Images: Next to Atlanta Braves' stadium, another new tower pitched Josh Green Mon, 07/15/2024 - 09:50 Optimism for vertical real estate growth around the home of the Braves shows few signs of abating.

A proposal has recently emerged for an office tower next to the Cobb Cloverleaf interstate exchange that would continue a spate of development with a variety of uses—including other offices—next to Truist Park and The Battery Atlanta, the entertainment district attached to the ballpark.

The glassy, 13-story office project would be an expansion of the three-building Circle 75 Office Park—a portion of which overlooks the Braves' stadium today. 

According to SK Commercial Realty, the new building could span up to 250,000 square feet of “trophy” office space where two major interstates meet one of metro Atlanta’s most bustling entertainment hubs.

The proposed location of the 1200 Circle 75 Parkway building in relation to interstates and the MLB stadium. SK Commercial Realty, via LoopNet

How the 1200 building would relate to the existing 1100 Circle 75 Parkway building (at right) and the under-construction Henry project (far right). SK Commercial Realty, via LoopNet

Upper floors of the building’s northern elevation would peer down into Truist Park. On other facades, the building’s signage would overlook nearly a half-million passing interstate motorists per day on Interstate 285 and I-75 combined, according to marketers.

The project is described as the only build-to-suit office stack with stadium and interstate visibility, along with connectivity to access roads in the Cumberland and Cobb Galleria submarkets. Leasing rates aren’t specified, but a typical floor size would be just over 19,000 square feet.

Marketing materials posted in recent days state the project could be available in January 2027.

Next door in the office park stands a 17-story tower from 1984 called 1100 Circle 75 Parkway, with more than 1,500 parking spaces.

The 1100 building's stadium proximity today. SK Commercial Realty, via LoopNet

SK Commercial Realty, via LoopNet

Should the 1200 project proceed, it would rise one building away from the under-construction, two-phase The Henry, which is planned to include an apartment tower, a 250-key Marriott Autograph hotel, and The Battery’s first for-sale condos.

On the same street stands the district’s tallest structure, the new TK Elevator test tower and adjacent offices.

Meanwhile, on the flipside of the stadium near home plate, the two-building national headquarters for Truist Securities—Truist’s full-service corporate and investment bank—topped out this past spring. On the residential front, the 298-apartment Ellison Parkview project began leasing a stone’s throw from the stadium in May, with some rents flirting with $4,000 monthly.

Find more context and imagery in the gallery above.

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Autonomous 'Hopper' makes comeback for Braves, Battery hoopla (Urbanize Atlanta) 

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1200 Circle 75 Parkway 1200 Circle 75 SK Commercial Realty Spec Offices Office Space 900 Circle 75 LoopNet Interstate 285 Interstate 75 The Battery The Battery Atlanta Truist Park Cobb County Cobb County Office Space Cobb Cloverleaf 1100 Circle 75 Parkway Cumberland Cobb Galleria

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The proposed location of the 1200 Circle 75 Parkway building in relation to interstates and the MLB stadium. SK Commercial Realty, via LoopNet

SK Commercial Realty, via LoopNet

The 1200 building's positioning (at left) as seen from the nose-bleeds, with both phases of The Henry project shown inserted at right. SK Commercial Realty, via LoopNet

SK Commercial Realty, via LoopNet

SK Commercial Realty, via LoopNet

SK Commercial Realty, via LoopNet

SK Commercial Realty, via LoopNet

How the 1200 building would relate to the existing 1100 Circle 75 Parkway building (at right) and the under-construction Henry project (far right). SK Commercial Realty, via LoopNet

SK Commercial Realty, via LoopNet

SK Commercial Realty, via LoopNet

How the 1200 building would relate to the existing 1100 Circle 75 Parkway building (at left) and the Henry project (far left). SK Commercial Realty, via LoopNet

SK Commercial Realty, via LoopNet

The 1100 building's stadium proximity today. SK Commercial Realty, via LoopNet

SK Commercial Realty, via LoopNet

Subtitle 1200 Circle 75 project would peer into Truist Park, over Interstate 285

Neighborhood Smyrna/Vinings

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'Last free parking lot' in Little Five Points is no more. Now what? Josh Green Fri, 07/12/2024 - 13:33 Despite concerns raised by Little Five Points community leaders and a petition with nearly 2,000 signatures, days are numbered for the cost-free status of the eclectic neighborhood’s last unpaid parking lot, following a unanimous Atlanta City Council vote.

Business owners and L5P neighborhood heads fear the switch to paid parking could hurt businesses, further diminish patronage in the district, and leave visitors subject to surge pricing with outrageous rates. Supporters argue that paid parking hasn’t been a death knell for other Atlanta commercial hubs—and that it’s part of the maturation process in a growing city.

“As Atlanta grows, like other big cities, space becomes a premium, and free parking tends to give way to support other forms of transportation,” city councilmember Amir Farokhi, whose District 2 covers L5P, told Urbanize Atlanta. “And it’s within [property owners’] rights to charge someone to be on their property.”

According to the Little 5 Points Business Association, the tucked-away, alleyway lot in question has piecemeal ownership and is the district's last free parking option for visitors, locals, and employees. It’s situated off Euclid Avenue, behind longtime L5P businesses that include Criminal Records, Crystal Blue, The Porter, and dive bar Yacht Club, among others. It has served as parking since the 1950s, per the association.

Kelly Stocks, L5P Business Association president, led the charge to keep the lot cost-free, though she owns several parking spaces there. She points to the fact local governing boards such as NPU-N previously voted to deny a permit to allow for paid parking, and she decries the city council’s decision as being riddled with conflicts of interest. 

“I tried to be neutral when this first started, but when I saw that businesses unanimously did not support paid parking, I decided to speak out,” Stocks wrote via email. “Unfortunately, these efforts have been overshadowed by the influence of those advocating for paid parking and their political pull.”

General location of the L5P free parking lot in question off Euclid Avenue, at Inman Park's border. Google Maps

Breakdown of the parking lot spaces in question, behind Euclid Avenue businesses. Courtesy of Little 5 Points Business Association

The city council voted unanimously July 1 to grant parking company Park Place Parking a special use permit to manage the lot. There was no debate, which isn’t unusual for legislation that has sailed unanimously through the council’s zoning committee, as the parking lot matter did 6-0 in late June.

Farokhi, the councilmember, pointed to neighborhoods including Midtown, Inman Park, Virginia-Highland, and others along the BeltLine that have implemented similar parking measures without negative impacts on businesses. Inman Park, in fact, previously voted to support the paid parking permit in L5P.

“I go to Little Five Points fairly regularly and can’t think of the last time I paid for parking,” said Farokhi. “Paid parking in walkable, dense, commercial districts is good and progressive urban policy, and it’s not prevented retail success in other parts of the city. It’s a complement to a walkable, bikeable, transit-connected area like Little Five Points.”

Neighborhood leaders say the lot has been free for many decades, and as such, aligns with a L5P Mobility Study that was previously approved by the city council. A stream of through-traffic entering and exiting the lot also helps to act as a vehicle burglary deterrent, creating what the business association calls the safest parking lot in the district.

According to the association, “price gouging” of up to $25 at other L5P parking lots has triggered financial consequences for the district’s businesses, which have seen foot traffic and nightlife decline as customers spend more money to park that would have gone to local stores and restaurants.

Susana Chavez, Park Place’s executive vice president, said 45 spaces on the lot will be converted to paid parking, while 12 will remain free. Forty free monthly parking passes will be supplied to L5P employees, according to Chavez. (Stocks contends that amount of free passes is not enough.)

The tucked-away parking lot in question in winter 2021. Google Maps

Chavez expects to start charging for parking in late August or early September, following the completion of a number of improvements on the property and “one week when we are informing everyone this is now pay-to-park,” she said.

So how much? Chavez said to expect a combination of hourly and all-day parking rates, with $15 being the maximum for a daily rate.

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• Little Five Points news, discussion (Urbanize Atlanta) 

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Little Five Points Amir Farokhi L5P Paid Parking Atlanta Parking Lots Candler Park Inman Park L5P Mobility Study NPU-N Atlanta Controversies Little 5 Points Business Association Park Place Parking Park Place Free Parking Atlanta City Council

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Breakdown of the parking lot spaces in question, behind Euclid Avenue businesses. Courtesy of Little 5 Points Business Association

General location of the L5P free parking lot in question off Euclid Avenue, at Inman Park's border. Google Maps

The tucked-away parking lot in question in winter 2021. Google Maps

Subtitle Atlanta City Council OKs paid parking, which detractors say will hurt businesses, vibrancy

Neighborhood Little Five Points

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Images: In Lake Claire, how one condemned home became four Josh Green Fri, 07/12/2024 - 10:36 Four new semi-detached homes in the tony eastside neighborhood of Lake Claire are illustrating what can become of underused land and dilapidated properties in the city—and how difficult the process of capitalizing on that can be.

The two lots in question, 293 and 297 Gordon St., are situated off DeKalb Avenue, about four blocks east of MARTA’s East Lake station. Beyond the neighborhood’s cachet and top schools, perks of the location include walkability to parks, Candler Park Market, Pullman Yards, and restaurants from Sun in My Belly to Fellini’s, among others.

Listing agent Shannon Turner, a Realtor with eXp Realty who previously lived in the area, recognized the potential and purchased the properties at the beginning of 2020, just before the COVID-19 pandemic.

According to Turner, one lot had been empty since a home burned down in the 1940s. The other included an older bungalow that had fallen into disrepair and was condemned.

“We actually looked into renovating the old home but the foundation was too far gone,” said Turner. “We tried to donate [it] to charity, but they couldn't find a way to move it on the roads surrounding the neighborhood, due to low bridges and narrow roads.”

Condition of the two lots in question (including yellow bungalow, at left) prior to construction. Google Maps

The duplexes' 293 Gordon Ave. location in Lake Claire. Google Maps

Plan B, according to Turner, called for bringing in Atlanta-based builders M2REST to help draw up a plan for luxury homes.

With pandemic-related challenges, it took a full two years to get the duplexes through City of Atlanta and DeKalb County zoning and permitting processes before site-planning and foundation work could begin, said Turner.  

The four sizable, “impeccably designed” units—collectively called The Square on Gordon—finished construction this spring with floorplans described by Turner as "amazing."

“These homes are far from builder-grade and have so many high-end upgrades throughout,” said Turner, pointing to aspects such as hand-painted feature walls, white oak ceiling beams, wet bars, wide-plank oak floors, quartz countertops, and EV chargers in two-car garages.

Each unit has five bedrooms and three and ½ bathrooms, with between 3,288 and 3,344 square feet.

How The Square on Gordon appears today, with a large drive between four homes, fenced yards in front, and raised decks off the back of units in rear. Photography by Jeff Davis; courtesy, eXp Realty

Photography by Jeff Davis; courtesy, eXp Realty

But offloading the properties hasn’t been a walk in the park.

Unit B (initially listed at $1.29 million in April) has come back to market this week at $1.19 million; meanwhile, Unit A (original price in April: $1.27 million) now seeks $1.17 million.

A third unsold unit isn’t listed but is available, according to Turner.

Swing up to the gallery for more context and a quick peek inside The Square on Gordon. 

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How Lake Claire project came to be on 'unusable' intown land (Urbanize Atlanta) 

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293 Gordon Ave. The Square on Gordon eXp Realty M2REST Infill Housing Atlanta Duplexes Atlanta Homes for Sale Lake Claire Homes for Sale Eastside East Lake MARTA Station Mary Lin Elementary DeKalb Avenue Interior Design Modern Homes Walkabillity

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The duplexes' 293 Gordon Ave. location in Lake Claire. Google Maps

Condition of the two lots in question (including yellow bungalow, at left) prior to construction. Google Maps

How The Square on Gordon appears today, with a large drive between four homes, fenced yards in front, and raised decks off the back of units in rear. Photography by Jeff Davis; courtesy, eXp Realty

Inside Unit B today, priced at $1.19 million for five bedrooms in 3,344 square feet. Photography by Jeff Davis; courtesy, eXp Realty

Photography by Jeff Davis; courtesy, eXp Realty

Photography by Jeff Davis; courtesy, eXp Realty

Photography by Jeff Davis; courtesy, eXp Realty

Photography by Jeff Davis; courtesy, eXp Realty

Photography by Jeff Davis; courtesy, eXp Realty

Photography by Jeff Davis; courtesy, eXp Realty

Photography by Jeff Davis; courtesy, eXp Realty

Unit A came to market this week at $1.17 million, offering five bedrooms in 3,288 square feet. Photography by Jeff Davis; courtesy, eXp Realty

Inside Unit A. Photography by Jeff Davis; courtesy, eXp Realty

Photography by Jeff Davis; courtesy, eXp Realty

Photography by Jeff Davis; courtesy, eXp Realty

Photography by Jeff Davis; courtesy, eXp Realty

Photography by Jeff Davis; courtesy, eXp Realty

Subtitle Infill project The Square on Gordon called "impeccably designed" near MARTA, parks, eats

Neighborhood Lake Claire

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Unique infill proposal near BeltLine scores Invest Atlanta cash boost Josh Green Thu, 07/11/2024 - 17:37 An infill project envisioned as a new gateway to South Atlanta from the BeltLine, downtown, and the Westside has scored a financial boost from the city’s economic development arm.

The Invest Atlanta Board last month approved a $550,000 brownfield cleanup subgrant for Brownsville Pointe, a mixed-use proposal that would replace a vacant, arrow-shaped lot where McDonough Boulevard meets Jonesboro Road. The .53-acre site is situated about three miles south of downtown and a few blocks from the BeltLine’s Southside Trail corridor.

Focused Community Strategies, the landowner and developer, specializes in building equitable housing and commercial projects and has worked in South Atlanta for two decades. FCS also created small businesses Carver Market and Community Grounds Café across the street from the proposed development site.

According to Invest Atlanta, the $550,000 grant is being funded by the U.S. Environmental Protection Agency and is intended to remediate the South Atlanta site’s contamination prior to development, with vapor barriers installed. 

The property was contaminated by its former use as a gas station and from nearby dry-cleaning facilities, which left material containing asbestos, per Invest Atlanta officials.

The former gas station site in question in February. Google Maps

The brick-clad, triangular piece of Brownsville Pointe includes 2,765 square feet of retail at the base. Kronberg Urbanists + Architects

The 105 McDonough Boulevard project, as designed by Kronberg Urbanists + Architects,  would see a flatiron-shaped commercial building at the corner with two taller residential structures behind it, along with street upgrades such as bicycle racks and additional parking.

FCS plans to invest $8 million in the project and create 25 jobs.

Plans call for two buildings standing three stories with 18 apartments total—12 of them reserved as affordable housing at 60 percent of the area median income or below. The two-story flatiron building will house a restaurant with below-market rents, per Invest Atlanta.

Project officials told Urbanize Atlanta last month the retail portion will be 2,765 square feet, with selling points that include 11 and 12-foot ceilings.

The property, which FCS purchased in 2018, most recently functioned as a gas station, but that closed years ago. The buried fuel tanks have been removed, and only the former convenience store portion remains standing, according to project heads.

In 2019, FCS floated plans for converting that building into a sit-down restaurant that didn’t come to fruition.

The Brownsville Pointe location in relation to South Downtown and the BeltLine's Southside Trail corridor. Google Maps

The concept, generally speaking, could look familiar to Atlanta development hawks.

In English Avenue, on the flipside of downtown, another Kronberg-designed project with a similar scope and blend of uses is under construction now, spearheaded by nonprofit Westside Future Fund. Meanwhile, in East Atlanta, another flatiron-shaped proposal has also recently come to light on a triangular site. 

Find a closer look at the South Atlanta plans in the gallery above.

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• South of downtown, affordable housing venture declared finished (Urbanize Atlanta) 

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105 McDonough Boulevard Brownsville Pointe Community Grounds Café Kronberg Urbanists + Architects Kronberg Focused Community Strategies Southside Southside Trail Beltline Mixed-Use Mixed-Use Development Keller Knapp Commercial Keller Knapp Commercial Real Estate Advisors Flippo Civil Design Invest Atlanta FCS Urban Ministries

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The 108 McDonough Boulevard project site at a key South Atlanta crossroads. Google Maps

The former gas station site in question in February. Google Maps

The brick-clad, triangular piece of Brownsville Pointe includes 2,765 square feet of retail at the base. Kronberg Urbanists + Architects

Kronberg Urbanists + Architects

Kronberg Urbanists + Architects

The Brownsville Pointe location in relation to South Downtown and the BeltLine's Southside Trail corridor. Google Maps

Subtitle Cleanup from former gas station, nearby dry cleaners required in South Atlanta

Neighborhood South Atlanta

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Former Memorial Drive church, home proposal site in limbo Josh Green Thu, 07/11/2024 - 15:20 An empty corner lot where a now-demolished church once sat is set to remain undeveloped for the foreseeable future, as 207 East Lake Terrace is up for sale again.

Developer IBC Group revealed plans in 2022 to build five single-family homes on the property, which is located along investment hotspot Memorial Drive, but the current status of that venture is unknown.

The listed agent with Keller Knapp Realty, the firm managing the sale of the vacant land, has not responded to multiple requests for comment regarding the status of the planned residential development.

The 0.69-acre lot is listed for $1.25 million, a significant markup from the $560,000 price the property carried when it sold in 2021, according to a previous Zillow listing. The same listing also indicates the property sold for $390,000 in January 2020. That’s a price increase of more that 220 percent over the course of less than five years. 

Site plan floated for five single-family homes at the northwest corner of East Lake Terrace and Memorial Drive. City of Atlanta Planning Department

Proximity of the site (right) to the new JD Kirkwood single-family homes, which also replaced a vacant church. Josh Green/Urbanize Atlanta

Property taxes on the site saw a dramatic increase once the church status was taken away. From 2021 to 2022, taxes on the property increased from $583 to $5,786, according to the property’s active Zillow listing. Because of this, the city is bringing in significantly more money from an empty lot than it had from the site’s former religiously affiliated tenant.

The property is close to East Lake Park, with walkable access to East Lake Golf Club, the accompanying Charlie Yates Golf Course, and Drew Charter School’s elementary, middle, and high school campuses.

According to the property’s current listing, the site offers a “unique builder/investor opportunity” located a quick drive (or walk) from Oakhurst Village, Kirkwood Village, and the Hosea + 2nd commercial node. 

Across the street, five new single-family homes, JD Kirkwood, have been completed on the site of another former place of worship. Those are listed between $889,000 and $989,000 right now. 

Memorial Drive, at left. Josh Green/Urbanize Atlanta

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• Kirkwood news, discussion (Urbanize Atlanta)

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2250 Memorial Drive SE Xmetrical JVG Civil Engineering Drew Charter School East Lake YMCA 207 East Lake Terrace SE PalmerHouse Properties Liam Homes Memorial Drive Kirkwood Neighbors Organization Atlanta Housing Homes For sale Atlanta Churches G.D. Evans Company IBC Group Keller Knapp Realty

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The corner site in question this week at 207 East Lake Terrace in Kirkwood, with Memorial Drive shown in the background. Josh Green/Urbanize Atlanta

Proximity of the site (right) to the new JD Kirkwood single-family homes, which also replaced a vacant church. Josh Green/Urbanize Atlanta

The cleared, .69-acre lot today.Josh Green/Urbanize Atlanta

Memorial Drive, at left. Josh Green/Urbanize Atlanta

Portion of the JD Kirkwood community overlooking the lot in question. Josh Green/Urbanize Atlanta

Josh Green/Urbanize Atlanta

The vacant church's previous condition at 207 East Lake Terrace. Josh Green/Urbanize Atlanta

Site plan floated for five single-family homes at the northwest corner of East Lake Terrace and Memorial Drive. City of Atlanta Planning Department

Subtitle Cleared Kirkwood corner has landed back on market—with serious price hike

Guest Author(s) Elijah Imlay

Neighborhood Kirkwood

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207 East Lake Terrace

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Under-construction condo tower reports being 75 percent sold out Josh Green Thu, 07/11/2024 - 12:42 Despite topping out just seven months ago, a project billed as Buckhead’s only option for new luxury condominiums is three-quarters sold out, with plenty of construction left to complete.

Atlanta Fine Homes Sotheby’s International Realty Intown reports The Dillon Buckhead, a rare stack of for-sale multifamily units in the city, has surpassed $190 million in sales for units that won’t be available until late this year. That’s good for 75 percent of the building, or roughly 108 condos.

Two years ago this month, work on the 18-story building—the second Atlanta project for Palm Beach-based developer Kolter Urban—kicked off with demolition of low-rise structures at 2425 Peachtree Road. Prices for one-bedroom condos now start in the $900,000s, but all units at that price point are under contract. 

The 144-unit project topped out last fall and is starting to resemble a finished product from several angles. Meanwhile, work continues on The Dillon’s amenities, which are expected to cover more than an acre of total space, both indoors and out.

The full building remains on pace to be finished and see first move-ins in the fourth quarter of 2024, construction officials have recently said.

Aerial photo of The Dillon project from June showing construction progress along Peachtree Road in Buckhead. Kolter Urban/The DillonBuckhead.com

Kolter Urban/The Dillon

Prices for Dillon condos without contracts currently start at $1.49 million, which buys two bedrooms and three bathrooms in 1,886 square feet. One top-floor penthouse that’s pending sale was listed for $4.2 million, the priciest listing to date.

The smallest floorplan currently offered (but under contract) has two bedrooms and two and ½ bathrooms in 1,470 square feet.

The Dillon’s perks call for concierge services, a formal clubroom with a catering kitchen, a dog park, pool deck, outdoor yoga terrace, a speakeasy, a media room with a game simulator, and a pickleball court. An indoor-outdoor section called The Hub will offer both private and semi-private workspaces for the WFH set, plus a conference room. Elsewhere, some condos will be held as guest suites, officials have said.

Kolter Urban purchased the required three parcels—located next to the Peachtree Battle Promenade shopping center, home to Whitehall Tavern and a Publix—in 2021 for $16.5 million. To the immediate south, roughly half of the historic book bindery building, formerly home to Peachtree Battle Antiques and Interiors, has been preserved, including the brick house-like structure that fronts Peachtree. The Dillon’s sales center has taken that space.

View of the building's pool amenities level atop parking. Kolter Urban/The DillonBuckhead.com

The Dillon project's 2451 Peachtree Road site, between Midtown and Buckhead Village. Google Maps

Just up the street, Kolter Urban’s first foray into the Atlanta market—the sold-out, 22-story Graydon Buckhead—saw condo prices begin at $1.7 million and climb to nearly $9 million for a penthouse covering the full top floor. Like The Dillon, the 47-unit Graydon remains a relative anomaly in terms of Atlanta multifamily ventures the past decade. It marked the largest intown condo project between Buckhead Village’s The Charles and the 279-unit Seven88 West Midtown tower on West Marietta Street in recent years.  

At The Dillon, two Atlanta-based companies—The Preston Partnership (architecture) and Integra Construction (general contracting)—are part of the development team, alongside interior designers ID & Design International.

The building’s Sotheby’s sales team said Dillion units were landing buyers at “record levels” in earlier phases. That included $62 million in pre-sales in 2022 and another $30 million in contracts inked across March and April alone last year. Most buyers are downsizing from larger single-family homes and seeking a highly amenitized, low-maintenance lifestyle in a walkable location, sellers have said.

Find a closer look at where The Dillion stands today—and how it’s expected to look and function soon—in the gallery above.

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• Buckhead news, discussion (Urbanize Atlanta) 

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2451 Peachtree Road NE The Dillon The Dillon Buckhead Kolter Urban Graydon Buckhead Atlanta Fine Homes Sotheby's International Realty Amenities Atlanta Condos Atlanta Luxury Homes Atlanta Development Peachtree Battle Promenade Design Within Reach Peachtree Road Peachtree Battle Antiques and Interiors Renderings Interior Design Integra Construction Atlanta Construction The Preston Partnership ID & Design International aerial tours

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Aerial of The Dillon's three-parcel Peachtree Road site, at center, shown prior to demolition. Google Maps

Aerial photo of The Dillon project from June showing construction progress along Peachtree Road in Buckhead. Kolter Urban/The DillonBuckhead.com

View of the building's pool amenities level atop parking. Kolter Urban/The DillonBuckhead.com

Kolter Urban/The DillonBuckhead.com

Kolter Urban/The DillonBuckhead.com

The Dillon project's 2451 Peachtree Road site, between Midtown and Buckhead Village. Google Maps

Plans for the building's covered "arrival plaza." Kolter Urban/The Dillon

A revised amenities level rendering that now includes, of course, a pickleball court, as shown at bottom right. Kolter Urban/The Dillon

Kolter Urban/The Dillon

Kolter Urban/The Dillon

Floorplan for the largest Dillon floorplan currently listed: Three bedrooms, three and ½ bathrooms with a den in 3,227 square feet, with another 504 square feet on the exterior. The Dillon Buckhead/Kolter Urban

Renderings lend an idea what larger Dillon condos will offer, including expansive balconies with southern Buckhead and Midtown views. Courtesy of Kolter Urban

Courtesy of Kolter Urban

The Hub, an indoor-outdoor coworking space. Courtesy of Kolter Urban

Planned look of the Dillon building's The Library. The resident-only "speakeasy" will have a movie theater lounge, game simulator room, and weekly events. Courtesy of Kolter Urban

Fireplace and artwork in the residential lobby. Courtesy of Kolter Urban

The resident clubroom will include a catering kitchen, per project officials. Courtesy of Kolter Urban

The coworking space. Courtesy of Kolter Urban

A main entry point to the Dillon building. Courtesy of Kolter Urban

Subtitle Sotheby's: Sales at Peachtree Road’s The Dillion have surpassed $190M mark

Neighborhood Buckhead

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The Dillon

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Residential project hobbled by neighbor pushback is officially dead Josh Green Thu, 07/11/2024 - 10:32 A housing proposal that called for replacing a vacant home near a storied eastside golf course—and drew vocal opposition from some neighbors—has officially been scrapped, ending another saga involving a relatively dense, residential project in Atlanta.

Atlanta-based Lee & Associates Commercial Real Estate Services had initially proposed building 12 townhomes on a .9-acre corner property at 2535 Glenwood Ave. in East Lake, with prices starting in the $500,000 range.

According to commercial real estate brokers who lead that firm, Michael Palazzone and Tim Head, the Glenwood Homes concept would have provided an injection of housing that Atlanta needs in a desirable location (East Lake Golf Club is directly across the street). But after encountering what they called unfair pushback from a small but vocal group of adjacent homeowners, the developers agreed last summer to shrink the number of homes they were proposing but with beefed-up floorplans: eight freestanding, three-bedroom houses with about 2,150 square feet each. Starting prices, according to the development team, had to be raised to the $750,000 to $800,000 range for the project to pencil out.

Still, those plans didn’t pass muster, and Lee & Associates were considering ways to make four large standalone houses work on the corner site when the project fell apart.

Developers have not responded to inquiries in recent weeks, but according to Rick Baldwin, president of East Lake Neighbors Community Association, the proposal is dead. Because numerous votes had been held regarding Glenwood Homes, City of Atlanta zoning and city council protocols dictated that a waiting period on the matter extend until June before rezoning could be considered again. The result: A pending $650,000 contract between the vacant home’s seller and the development group was terminated, according to Baldwin.

“The seller did not want to wait that long for the developer to get the rezoning done,” Baldwin wrote via email, “[and] the developer [wasn’t] able to make the money work for four single-family detached units.”

The revised plan for eight standalone houses filed with the city in August.Lee & Associates Commercial Real Estate Services

The corner 2535 Glenwood Ave. site in relation to the storied golf course and other eastside landmarks. Google Maps

Beyond the lot’s size, its perks included views of the clubhouse and manicured greens of East Lake Golf Club, with a MARTA bus route running just outside of what, as Head and Palazzone envisioned it, would be the front doors of townhomes. Opposition came from a subset of homeowners in the adjacent Olmsted neighborhood, a master-planned enclave of 91 stately homes and townhomes that would have shared a city-street entrance with the Glenwood Homes site. Opponents generally felt the site was more appropriate for three to four standalone houses, according to the developers and meeting records.

Modified plans for 10 townhomes received about 85 percent approval during votes taken in 2022 during both ELNCA and NPU-O meetings. Developers then took plans to the city's Zoning Review Board, along with a letter of recommendation from city councilmember Liliana Bakhtiari. In that meeting, Olmsted neighborhood reps heard commentary that emboldened them to believe they had leverage to change plans again to a lower density, and they reneged on their approval, eventually leading the project to “purgatory,” as Palazzone told Urbanize Atlanta last year.  

The existing vacant house at the .9-acre corner site at 2535 Glenwood Ave. Josh Green/Urbanize Atlanta

Example of housing types along an Olmsted street. Josh Green/Urbanize Atlanta

Baldwin, the ELNCA president and a Keller Williams Realtor by day, said pressures for “smart density” are coming at properties along Glenwood Avenue in the area. Seeing them through will take a coordinated effort between sellers, developers, communities such as Olmsted, and governing boards from ELNCA and NPU-O up to the city council level, said Baldwin.

“Together we agreed on the previous plan over the course of over a year,” he said. “Going forward we will need more of the same.” 

The East Lake situation marked another instance of relatively dense intown housing being called into question by neighbors who fear aspects such as added noise and traffic.

Developers on Edgewood’s Whitefoord Avenue, as one example, were forced by neighborhood pushback to scrap plans in 2022 for up to 48 “missing middle” housing units in vintage-style buildings also near MARTA transit. The replacement for those plans—large modern duplex units initially priced at $950,000 and up—have seen substantial discounts in the face of sluggish sales.

After the Glenwood Homes site had been whittled to eight freestanding houses last year and received unanimous approval from the city’s zoning arbiters, Head told Urbanize in an interview the developers were feeling emboldened and confident the homes would be built. “We’re not going to get rich—it’s not like some money grab,” he said. “At this point, we’re making very little money. But we’ve been dealt with so poorly, it’s almost become a challenge.” 

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2535 Glenwood Avenue Glenwood Homes East Lake Atlanta homes Atlanta Controversies NIMBY Nimbyism Olmsted East Lake Golf Club Atlanta Development Lee & Associates Commercial Real Estate Services Pimsler–Hoss Architects Atlanta Townhomes Atlanta Real Estate Atlanta home prices Atlanta Price Trends East Lake Neighbors Community Association Rick Baldwin

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The corner 2535 Glenwood Ave. site in relation to the storied golf course and other eastside landmarks. Google Maps

Initial plans for 12 townhomes that would have been accessed via a street shared with the Olmsted community. Lee & Associates Commercial Real Estate Services; designs, Pimsler – Hoss Architects

The revised plan for eight standalone houses filed with the city in August.Lee & Associates Commercial Real Estate Services

The existing vacant house at the .9-acre corner site at 2535 Glenwood Ave. Josh Green/Urbanize Atlanta

Behind the vacant Glenwood Avenue property today. Josh Green/Urbanize Atlanta

Example of housing types along an Olmsted street. Josh Green/Urbanize Atlanta

Manicured entry to the 91-home Olmsted community near East Lake Golf Club. Josh Green/Urbanize Atlanta

Subtitle East Lake developers called NIMBYism a hurdle; neighborhood leader says "smart density" welcome

Neighborhood East Lake

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ARC report: Metro Atlanta packed on 63K more people in past year Josh Green Wed, 07/10/2024 - 15:19 Despite a tamp down on housing construction as prices have ballooned, all of the Atlanta region’s core counties logged population upticks over the past year, but each of them lagged the City of Atlanta in terms of growth rate.

That’s according to the Atlanta Regional Commission’s official 2024 population estimate released today, which indicates the metro’s strongest growth over the past year came in outer suburbs and within city limits of the capital.

According to ARC estimates, Atlanta’s 11-county metro added 62,700 residents over the year prior to April, for a total population of 5.2 million. (Note: The U.S. Census Bureau defines metro Atlanta as 29 counties with a population of 6.3 million, now good for sixth largest in the nation.)

The City of Atlanta grew by another 2.1 percent over the past year, adding 10,800 people. That number marks the second year in a row the city proper has led the metro in growth rates—but it also marked a slowdown in population uptick compared to 2022-2023, when an estimated 14,300 new people moved into the city or were born here.   

In terms of growth rates, the City of Atlanta was followed by Cherokee County (1.9 percent, with 5,400 additional people) and Henry County (1.8 percent; 4,750 people).

Atlanta proper also finished atop the regional list in number of building permits issued—7,621—over the past year. Eighty-five percent of those permits were for multifamily housing units, ARC officials note.

Gwinnett County saw the second-most permits issued, with 5,423.

Midtown's high-rise growth spurt—shown here about seven years ago—continues today. Shutterstock

Statistics like those could be a Rust Belt city’s dream, but ARC’s estimates generally reflect a moderate slowdown for metro Atlanta’s growth compared to the previous year, when nearly 67,000 new residents were logged.

Residential building permits dipped by 21 percent to 28,595 permits—or nearly 7,500 fewer permits than the previous year—across the 11 counties studied. According to ARC, that’s lower than pre-Great Recession permit numbers and now below the annual average (33,430) between 1980 and 2023.  

According to ARC officials, a “slight moderation in jobs growth” and significantly higher housing prices are culprits.

On the bright side, analysts deem the region’s economy relatively strong. Across the metro, the job employment base has swelled by 6.4 percent since the early days of the 2020 COVID-19 pandemic. That’s good for seventh in the nation among peer metros, with only Austin, Dallas, Las Vegas, Orlando, Houston, and Miami showing stronger job growth, per ARC officials.

In terms of sheer numbers on a county level, Fulton County added the most new residents (17,400, with Atlanta factored in), followed by Gwinnett (14,900), Cobb (6,700), and Cherokee (5,400) counties. 

Another milestone came in Gwinnett, where the population topped one million for the first time, now totaling 1,012,112.

“People from around the country are choosing metro Atlanta because of our great quality of life and our dynamic, diverse economy,” Andre Dickens, Atlanta mayor and ARC board chair, said in today’s announcement. “Of course, our continued growth is not guaranteed. We must continue to invest in our region’s infrastructure to ensure a successful future.”

Atlanta Regional Commission

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Midtown's high-rise growth spurt—shown here about seven years ago—continues today. Shutterstock

Atlanta Regional Commission

Subtitle City of Atlanta again leads 11-county region in fastest growth rate, annual analysis finds

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Fresh look at MARTA station, pedestrian bridge upgrades unveiled Josh Green Wed, 07/10/2024 - 13:11 Temporary growing pains are about to get real around a MARTA transit station at the nexus of several eastside neighborhoods.

MARTA officials send word that a section of DeKalb Avenue/West Howard Avenue and the PATH Trail linking downtown to Stone Mountain will be shut down this weekend to allow for the installation of a new pedestrian bridge.

The 2260 College Ave. transit hub is located at the Atlanta-Decatur city line, abutting Lake Claire, Oakhurst, and Kirkwood neighborhoods.

The next phase of MARTA’s station upgrades at East Lake calls for installing a new pedestrian bridge on the north side of the station, spanning West Howard Avenue.

Expect the major east-west thoroughfare to be closed between Melrose Avenue and Ridgecrest Road from  8 p.m. Friday to 4 a.m. Monday morning.

Ditto for the popular Stone Mountain PATH Trail in the area.

East Lake station's north bridge today. Google Maps

Projected look of East Lake station's north bridge over West Howard Avenue. Courtesy of MARTA

According to MARTA, an off-duty officer will be on site and detour signs will be posted to help motorists navigate around the construction. PATH Trail pedestrians and cyclists are being advised to use College Avenue as a detour.

Parking and access to MARTA trains will remain open on the south side of the station this coming weekend.

Other changes to note: MARTA’s local bus route 19 will be detoured this weekend, but routes 2 and 34 will not be impacted. The new Station Soccer pitch in the north parking lot and MARTA Mobility shuttle services at the station will be closed.

MARTA officials also warn that rail service to the station will be single-tracked, which could result in delays.

Courtesy of MARTA

Interior look of new East Lake station pedestrian bridges. Courtesy of MARTA

Demolition work began at the station in March as part of MARTA's Station Rehabilitation Program, a multi-year renovation planned for all 38 rail stations across the system.

MARTA officials have said the East Lake project will add a “cleaner, safer” bridge with a new elevator, wall screening, flooring, upgraded lighting, and paint, and improved Americans with Disabilities Act accessibility.

Once construction wraps on the north pedestrian bridge, MARTA plans to repeat the process with the south bridge spanning into Kirkwood over College Avenue sometime later this year.

The work is part of MARTA’s Service, Experience, and Expansion program—or SEE—which the agency has called a priority for fiscal year 2024.

Also included in SEE efforts is MARTA’s first bus rapid transit line (scheduled to open from downtown to Summerhill and Peoplestown next year) and the debut of new rail cars and more climate-friendly electric buses.

Other initiatives include station renovations at Bankhead, Indian Creek, and Airport stations, along with the addition of “smart” restrooms, fresh station canopies, and resurfaced and re-striped parking lots, according to the agency.

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Projected look of East Lake station's north bridge over West Howard Avenue. Courtesy of MARTA

Interior look of new East Lake station pedestrian bridges. Courtesy of MARTA

Courtesy of MARTA

East Lake station's north bridge today. Google Maps

Condition of the station's south pedestrian bridge today, where Kirkwood meets Oakhurst. Google Maps

Subtitle Heads up: East Lake station construction to shut down busy eastside roadway, PATH Trail

Neighborhood Decatur

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Interlock phase two confirms grocery as tenant rollout continues Josh Green Wed, 07/10/2024 - 11:02 A clearer picture is emerging for what a West Midtown project will offer that developers say adds a new dimension to one of the fastest-growing subdistricts in the U.S.

Atlanta-based development firm SJC Ventures confirms this week that German grocer Lidl will anchor the retail portion of Interlock Tower at Northside, the second phase of a large mixed-use district that’s sprouted over the past five years between the Howell Mill Road corridor and Georgia Tech.

Lidl will occupy 31,000 square feet of a street-level space—located beneath the new Theory Interlock apartments, fronting Northside Drive—that was initially slated to become a Publix Super Market. It’ll mark the third ITP location for Lidl, a discount retailer with other stores on Briarcliff Road and on Memorial Drive near Kirkwood.

Lidl officials tell Urbanize Atlanta no timeline for building out and opening the Northside Drive store is available yet.

SJC Ventures’ president Jeff Garrison called a grocery with fresh food options “essential to all of West Midtown” in today’s announcement. Tony Zivalich Jr., Georgia Tech’s associate vice president of real estate, applauded the Lidl pick near the western edge of campus as a “walkable, high-quality, affordable, locally sourced food option for our students, staff, and faculty, as well as the growing residential population in the West Midtown community.”

After breaking ground three years ago, Interlock’s second phase has consumed 4 and ½ acres where Northside Drive meets 11th and Ethel streets.

A promotional image showing the breakdown of phase two uses, with Lidl's space depicted beneath the new Theory Interlock apartments at right. Interlocktower.com/SJC Ventures

The mixed-use building's 1042 Northside Drive location in Interlock's second phase. Google Maps

Other new tenants include: Pinky Promise Champagne Bar, a champagne piano bar that opened last month, and Jeremiah's Italian Ice. Newly signed office tenants include marketing firm Trevelino/Keller and data management firm Nexus Cognitive.

SJC Ventures has also recently retained global commercial real estate services firm Cushman & Wakefield to handle leasing at Interlock’s newest phase. Officials point to proximity to Georgia Tech’s talent pipeline, food-and-beverage offerings in Interlock’s first phase, and a nine-story parking deck (with a Starbucks drive-thru attached) as perks of the location.

Tenants that have already opened at Interlock Tower include Kura Revolving Sushi Bar, Five Guys, Salon Lofts, Eleven Nail Bar, and GoodVets. A rooftop restaurant by Wagyu House, with skyline views described by SJC Ventures officials as “stunning,” is also in the pipeline.

Commercial real estate firm Bridger Properties has been picked to handle property management. Jack Arnold, that company’s cofounder and principal, called Interlock Tower “a landmark property in one of the country’s fastest growing submarkets” in a prepared statement.

The Interlock Tower at Northside's frontage along its namesake street, just west of Georgia Tech. Courtesy of SJC Ventures

Eastern skyline views from new Interlock office spaces, as shown in promotional images.Interlocktower.com/SJC Ventures

SJC Ventures’ latest addition to West Midtown continues more than a decade of vertical growth in Marietta Street Artery and adjacent neighborhoods such as Home Park.

Next door to Interlock’s second phase, the residential Stella at Star Metals tower continues to climb over 11th Street. That project’s developer, The Allen Morris Company, is now seeking a variance with the City of Atlanta to make one tower in its final phase 210 feet taller than what’s currently allowed, in an effort to trade ground-coverage for height.  

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The mixed-use building's 1042 Northside Drive location in Interlock's second phase. Google Maps

The Interlock Tower at Northside's frontage along its namesake street, just west of Georgia Tech. Courtesy of SJC Ventures

A promotional image showing the breakdown of phase two uses, with Lidl's space depicted beneath the new Theory Interlock apartments at right. Interlocktower.com/SJC Ventures

Eastern skyline views from new Interlock office spaces, as shown in promotional images.Interlocktower.com/SJC Ventures

Subtitle Lidl joins roster at Northside Drive project in West Midtown, at doorstep of Georgia Tech

Neighborhood Marietta Street Artery

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The Interlock - 1115 Howell Mill Road NW

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Atlanta declared (almost) best city in U.S. for renters right now Josh Green Tue, 07/09/2024 - 15:09 Atlanta has edged out 149 other places in an annual study that uses a lengthy criteria to determine the best U.S. cities for renters to call home.

With its robust local economy, relatively favorable cost of living, and plentiful renting options, the City of Atlanta landed at No. 2 on the “Best Cities for Renters to Live in 2024” list, an analysis of 150 cities compiled by national apartment search website RentCafe.com.

Only Charleston, S.C., scored better across 20 metrics that RentCafe applied to all cities, as opposed to metro areas.  

Sarasota landed just behind Atlanta in third place, and overall the South claimed 38 of the top 50 slots for best cities in which to rent this year. (Cobb County’s largest city, Marietta, also finished high on the list at No. 22).  

RentCafe’s barometer examined factors such as economic strength, apartment quality, traffic, air quality, and natural amenities, which were then grouped into three categories: quality of life, cost of living and housing, and local economy.

According to analysts, Atlanta shined in the local economy category (No. 4 overall), with renters in the city seeing a 44.6 percent income increase over the course of the past five years. (No, that’s not a typo.)

The second-highest number of yearly business applications (472) and a 1 percent annual job growth rate were also plusses for Atlanta, per the study.

Entrepreneurship opportunities and the presence of major employers such as Delta Air Lines, UPS, Cox Enterprises, and Home Depot helped Atlanta live up to another apparent nickname, the “Silicon Peach,” according to RentCafe.

RentCafe

Atlanta finished in ninth place for cost of living and housing (1.4 percent below the national average, per the study), with apartments here boasting relatively large 972-square-foot floorplans on average, and 60 percent of those qualifying as “high-end,” per RentCafe. (The company’s star-rating system puts Atlanta renter satisfaction with housing and amenities at 4.1 stars of 5 overall.)

The City of Charleston edged Atlanta in several metrics to take the top spot, though with less than half of Atlanta’s population (and far less competition for rentals), the comparison isn’t always apples-to-apples.   

Nonetheless, Charleston boasted the highest job growth (4.1 percent) among cities analyzed and an unemployment rate (3.7 percent) below the national average. Plus, nearly one-third of all rentals in The Holy City qualified as being newly built.

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RentCafe

Subtitle Analysis finds “Silicon Peach” counts favorable cost of living, robust economy, other plusses

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MARTA bags $25M in federal grant funding for new transit hub Josh Green Tue, 07/09/2024 - 13:09 MARTA has secured a $25 million federal grant that agency officials say will improve mobility and the transit experience in one of Georgia’s most populated counties.

The Federal Transit Administration Buses and Bus Facilities Program funding will cover the bulk of construction costs for a project called the South DeKalb Transit Hub. It’s set to be built adjacent to the Gallery at South DeKalb (formerly South DeKalb Mall) on Candler Road, about 10 miles southeast of downtown Atlanta.

According to MARTA officials, the tech-enabled, multimodal hub will span 2,500 square feet and serve four high-ridership bus routes that border Georgia’s 4th and 5th Congressional districts. Those are Route 15 (Candler Road), Route 186 (Rainbow Way), Route 74 (Flat Shoals), and Route 9 (Boulevard/Tilson Road).

Courtesy of MARTA

Plans call for sheltered spaces for purchasing fares and catching or transferring buses, park-and-ride availability, real-time service information, and SMART restrooms that employ technology to keep themselves maintained and safe. MARTA officials say proximity to the mall will help boost safety and parking availability for a “vital link” serving the southern section of one of its original partner counties.

The South DeKalb Transit Hub, originally identified in the DeKalb County Transit Master Plan, is expected to cost $37.5 million total, with MARTA’s capital budget footing the remainder of the bill.

MARTA officials credited “Transit Superheroes” at the federal level of government, the Bipartisan Infrastructure Law, and the agency’s federal delegation with helping make the funding a reality.

According to MARTA general manager and CEO Collie Greenwood, the $25 million grant is the full amount MARTA had requested. “[It] covers almost 70 percent of the funding for this project and supports the improvement of bus facilities and amenities and workforce development in DeKalb,” Greenwood said in a prepared statement.

MARTA’s schedule calls for opening the new South DeKalb facility in 2026.

Courtesy of MARTA

Congresswoman Nikema Williams, whose 5th Congressional District will be served by the new hub, said the funding “underscores our commitment to advancing transit equity” and is part of a broader push to build “stronger connections to jobs and economic opportunity for everyone.”

Another funding backer, U.S. Senator Jon Ossoff (D-GA), predicted the bipartisan infrastructure legislation “will deliver long-overdue upgrades to Georgia’s infrastructure for years to come.”  

Courtesy of MARTA

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Courtesy of MARTA

Courtesy of MARTA

Courtesy of MARTA

Subtitle Multimodal, tech-enabled South DeKalb facility will serve four high-ridership bus routes, agency says

Neighborhood South DeKalb

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