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Atlanta Opens $1.5 Billion in New Development in 2014

March 28, 2014 Destination North America No Comments Email Email

Here is an overview of openings, expansions and new developments happening in the city.

2014

Aloft Hotel – April
A $25 million remodel to the former Days Inn Atlanta Downtown will be complete early 2014, making way for an Aloft hotel, the first Starwood property of its kind in Georgia. The hotel concept utilizes urban design and innovative technology to cater to ‘the next generation of travelers.’ This addition provides travelers and conventioneers with a unique downtown hotel option within walking distance of Atlanta’s world-class attractions and restaurants. The 3.1-acre property will feature 242 rooms, an outdoor swimming pool, fitness center, bar and 2,000 square feet of meeting space. Until the completion of the renovation, the hotel will operate independently under the name “Hotel ATL.”

Krog Street Market – June
Opening in June in Inman Park, this West Coast-style concept will serve as the newest intown Mecca for foodies. Krog Street Market will feature a 12,000-square-foot ‘epicurean center,’ a marketplace where local food, beverage and specialty vendors will sell goods and edibles. In total, the nine-acre property also includes dining and office space with tenants beginning to open their doors as early as June.

Buckhead Atlanta – Beginning July
Buckhead Atlanta will be Atlanta’s premier luxury retail, residential and office development at the intersection of Peachtree and East Paces Ferry roads. Designed to fit seamlessly into the existing Buckhead Village, the 1.5 million-square-foot project will include 300,000 square feet of upscale retail stores, restaurants and cafes, more than 100,000 square feet of office space and 370 luxury high-rise residences. The development boasts Spanx’s flagship store and French high-fashion house Hermès. Shake Shack and Georgetown Cupcakes are among the many restaurant concepts that will give visitors an array of culinary choices, from casual to fine dining. Retail and dining spaces will begin opening as early as July.

College Football Hall of Fame – August
The College Football Hall of Fame will join the world-class attractions surrounding Centennial Olympic Park. The state-of-the-art, 95,000-square-foot facility will provide college football fans with a shrine for recognizing the game’s top players and coaches, while providing even the non-fan visitor with a first-class entertainment experience. The attraction will feature more than 30,000 square feet of exhibit space including a 45-yard football field. The attraction will feature interactive experiences throughout and will boast 25,000 square feet of customizable event space. The Hall will bring some of the game’s biggest names to Atlanta for its annual enshrinement ceremonies, speaker series, corporate gatherings and other events. The Hall is expected to open during Labor Day weekend, just in time for college football season.

Center for Civil and Human Rights – summer
Located on Pemberton Place adjacent to the World of Coca-Cola and Georgia Aquarium, the Center for Civil and Human Rights will provide an unparalleled experience for visitors. In addition to displaying artifacts from international human rights leaders, the Center serves as a catalyst for civil and human rights conversation on a national and global scale. At the Center, visitors will discover how individuals are inspired to work on social issues across communities and throughout time. Opening in the summer, the 42,000-square-foot facility will feature three exhibitions areas, a retail space, three event spaces, a broadcast studio and a small café.

Atlanta Streetcar – summer
The $90 million Atlanta Streetcar project will provide residents and visitors with a convenient way to travel along Atlanta’s downtown convention and tourism corridor, including stops at the historic Sweet Auburn District, Georgia State University, downtown Atlanta hotels, and Centennial Olympic Park. Providing connectivity to MARTA and other transit services, the Atlanta Streetcar is a major component in Atlanta’s evolution as a hub for commerce and connectivity.

Delta Flight Museum – summer
Delta Air Lines will add another world-class tourist attraction to Atlanta’s portfolio with the new Delta Flight Museum, opening summer 2014. The museum will feature interactive exhibits about the past, present and future of Delta Air Lines and air travel. It will also include rare aviation items and aircraft, including the Waco 125, the only remaining aircraft of its kind, and the only full-motion flight simulator open to the public – the same one used to train Delta pilots.

Atlanta BeltLine Eastside Trail Gateway – summer
The ADA-accessible trail will connect Historic Fourth Ward Park directly to the two-mile paved portion of the Eastside Trail. The design includes landscaping, retaining walls, lighting and green storm water infrastructure. The new tail is expected to be completed by the end of summer 2014.
With 22 miles connecting 45 in-town neighborhoods, the Atlanta BeltLine will create public parks, trails and transit.

Ponce City Market – late 2014
As the largest adaptive reuse project in Atlanta’s history, Ponce City Market will restore 1.1 million square feet of the historic Sears, Roebuck & Co. building, a Southern icon. Opening in late 2014, the 2 million-square-foot historic structure will house a central food hall, retail, offices, roof dining and delights, and residential flats designed to emerge as Atlanta’s next great community experience. Situated along the Atlanta BeltLine, the Market is poised to become the hub between Midtown, Poncey-Highland, Inman Park, Old Fourth Ward and Virginia-Highland. The development is inspired by Jamestown’s Chelsea Market in New York City.

Porsche Driving Experience – late 2014
Atlanta will be the new home for Porsche’s North American headquarters and North America’s first Customer and Driver Experience Center. The Center, which will feature a test track, restaurant and shop for Porsche-branded goods, will allow employees and visitors to see, hear, feel and experience what it’s like to drive a Porsche automobile. Scheduled to open in late
2014, the organization chose Atlanta for its $100 million investment due to the city’s accessibility. The site will be located adjacent to the new Maynard H. Jackson Jr. International Terminal of the Hartsfield-Jackson Atlanta International Airport.

2015

Inman Park Mixed-Use Development – early 2015
A $46 million mixed-use development in the heart of Inman Park, is scheduled to open early 2015. The project will consist of 200 luxury apartments and almost 40,000 square feet of retail space. Fashion retailer Bill Hallman and three restaurants, including a ‘sister’ restaurant to The Optimist by Ford Fry, will anchor the new development.

Hyatt House – mid-2015
Construction is underway on a new Hyatt House hotel in Downtown Atlanta near the Georgia Aquarium. The 150-room hotel will be located on Ivan Allen Jr. Boulevard and Luckie Street. It will be Georgia’s second Hyatt House, an extended-stay brand from Hyatt Hotels & Resorts. The hotel is expected to open mid-2015.

Center for Puppetry Arts Expansion
The Center for Puppetry Arts announced plans to renovate and expand the museum. Plans include a new wing featuring the world’s most comprehensive collection of Jim Henson puppets and artifacts, a new library and archival space, a renovated entryway and many other upgrades to the existing museum. The project will allow the Center to protect and preserve hundreds valuables puppets for future generations to explore and understand. The project is scheduled for completion in 2015.

Legacy Proprieties Downtown Hotel
Atlanta-based Legacy Properties Group, LLC, is planning to build a 129-key Homewood Suites by Hilton. The all-suites hotel will sit along Marietta Street near Centennial Olympic Park in the Luckie-Marietta District.

2017

Atlanta Braves Stadium
The Atlanta Braves plan to move from Turner Field in Downtown Atlanta to a new stadium in Cobb County at the start of the 2017 baseball season. The stadium project is estimated to cost $672 million, including parking, land and infrastructure. The new stadium will be open-air and will seat approximately 42,000 people.

Atlanta Falcons Retractable-Roof Stadium
The $1 billion-plus retractable-roof stadium, to be located just south of the current Georgia Dome, is scheduled to open in time for the 2017 NFL season. The new stadium will serve as the home of the Atlanta Falcons in addition to other convention, entertainment and sporting events. The project is expected to generate more than $150 million in economic impact for the city and add 70 to 80 events to Atlanta’s meetings portfolio. The venue will help the city attract marquee events, like the Super Bowl, World Cup and NCAA BCS Football Playoff, which would have a combined potential to generate more than $300 million in economic impact.

Established in 1913, Atlanta Convention & Visitors Bureau is a private, nonprofit organization created to favorably impact the Atlanta economy through conventions and tourism.

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