the opportunity
Located at the center of Downtown Atlanta and adjacent to the Five Points MARTA Station, Block 1 presents a unique opportunity for developers to contribute towards the transformation of Underground Atlanta. The 1.9 acre site will accommodate a dense, transit-oriented project including residential, hotel and street-level retail space.
Block 1 Summary
Block 1 Development Opportunity
Block 1 Summary
- 1.9 acres, bounded by Peachtree Street, Alabama Street, Central Avenue and Wall Street
- Currently improved as Peachtree Fountains Plaza and three retail outbuildings totaling 12,653 square feet
- Zoned SPI 1 Downtown District
- Adjacent to the Five Points MARTA Station with direct tunnel access into the station
- Prominent Peachtree Street frontage, serving as the gateway to Underground Atlanta
Block 1 Development Opportunity
- Owner is seeking development partnerships to construct retail, residential, and hotel space.
- Development structures may include Air Rights Sale, Joint Venture, or other mutually agreeable structure.
- All inquiries should be directed to JLL’s Land & Development Services team (contacts below)
BuZZ
Curbed Atlanta / First look: Vision for Underground Atlanta's Block 3, now under construction
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Atlanta Business Chronicle / 'Underground Atlanta developer WRS Inc. has hired commercial real estate services giant Jones Lang LaSalle to market...'
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Atlanta Business Chronicle / 'Atlanta's relationship with the automobile is reaching a crossroads.'
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Underground Brand Reveal from Jeff Corey on Vimeo.