An expansion on Marietta Street by Georgia Tech is set to include more than 1,000 residential units, a 300-room hotel, and 250,000 square feet of office space.
According to a Development of Regional Impact filing for the “Randall Brothers Redevelopment,” the project is estimated to be complete in 2034. Details about the plans were reported by Atlanta Business Chronicle.
The project proposes to repurpose an “existing building as a restaurant/retail space and redeveloping the remaining buildings as multi-family (high-rise) housing including potential dormitory use, a hotel, general office space, retail/restaurant space, and arts-focused academic area with theater space,” according to the filing.
Georgia Tech envisions a mixed-use arts district on the property on the west side of Atlanta, which includes the former Randall Brothers headquarters at 665 Marietta Street. The redevelopment includes turning the 40,000-square-foot warehouse located on the property into an “event, retail and entertainment venue,” according to the news outlet.
Randall Brothers is an Atlanta-based building materials supplier that relocated after selling the property. The site is at the corner of Marietta Street and North Avenue.
The Georgia Tech Foundation bought the 7.5-acre property for $36 million in 2018.
