Bisnow Atlanta | Carter Readying Second Phase Of Mixed-Use Next to Former Braves Stadium

Carter, leading a consortium of developers, is already underway with 37K SF of retail along Georgia Avenue next to the former Turner Field stadium. Slotted into those spaces are several boutique eateries, including Wood's Chapel BBQ — owned by the team behind General Muir, Halfway Crooks Brewing & Blending, Big Softie Ice Cream and Little Tart Bakeshop, Carter Director Jack Murphy said.

The developer also is preparing to start on another 53K SF of commercial space with Hodgepodge Coffee House lined up as an initial tenant, Murphy said. Above all the retail is loft office space, which has not been pre-leased, he said.

Carter is leading a development team on the project of Oakwood Development, Healy Weatherholtz and Georgia State University, which purchased the stadium and its surrounding 60-plus acres for its football program after the Atlanta Braves moved to Cobb County at SunTrust Park and The Battery mixed-use project last year.

The centerpiece of the Summerhill project is that redevelopment of Turner Field into a football stadium for Georgia State University, heralding a new era for the school. The university continues to break enrollment records at its Downtown Atlanta campus and five Georgia State Perimeter College satellites with the largest freshman class in its history this year. 

Carter is tapping directly into that growth. As part of the project, Austin, Texas-based Aspen Heights Partners is underway with an off-campus student housing complex that will deliver by the fall of next year, Murphy said.

“The demand is there,” he said. "Georgia State has had its third straight year with the largest freshman class in the history of the school."

At Summerhill, Carter also plans to go forward with an apartment complex next year. 

Link to Full Article in Bisnow Atlanta

----------
Written By: Jarred Schenke, Bisnow, Atlanta



« Go Back