More construction is expected to begin this year on Centennial Yards, a $5 billion mixed-use revitalization project set to transform 50 acres of Downtown Atlanta into a huge entertainment district.
Located next to State Farm Arena and Mercedes-Benz Stadium, this eight-acre phase will include several new buildings, including an “eatertainment concept,” an entertainment venue, a flagship hotel, and a building for several food-and-beverage tenants. A plaza is expected to become the site of celebrations like the annual New Year’s Eve Peach Drop, according to the Atlanta Journal-Constitution.
In total, the phase is set to include 480,000 square feet of entertainment, retail and restaurant space, according to the developers.
“The district will feature communal spaces & walkways, interwoven with greenery and pedestrian-focused design elements. It will also pay tribute to the site’s rich railroad heritage,” according to a social media post from Centennial Yards.
The target is to break ground on the new phase by summer. This phase represents just 15 percent of the total area that is expected to be developed.
The construction would join several elements of Centennial Yards that have already broken ground, including an apartment building and a 292-key boutique hotel, that are slated to be complete in 2025. Residential building Lofts at Centennial Yards South and brewing company Wild Leap are already open at 125 Ted Turner Dr SW.
Design and architecture firm Gensler is working on the project.
The goal is for two-thirds of the Centennial Yards project to be done in time for the 2026 FIFA World Cup.
One Response
Whoa, I didn’t see this coming! This is going to be interesting to watch.