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Three big projects aimed at weak side of downtown Atlanta

Buildings on Broad Street in south downtown Atlanta are in an area where Newport Holding, a German-backed development firm, has recently acquired buildings. PHOTO / JASON GETZ
Buildings on Broad Street in south downtown Atlanta are in an area where Newport Holding, a German-backed development firm, has recently acquired buildings. PHOTO / JASON GETZ
By Matt Kempner
Sept 1, 2017

There's a land rush underway in what was the most forgotten part of downtown Atlanta.

Three big projects -- each powered by investors from outside Georgia -- could change the make up of south downtown Atlanta.

Newport Holding, a German developer, has recently acquired more than 24 downtown buildings. (Erica A. Hernandez/AJC)

The efforts include a developer purchasing lots of buildings south of the Five Points MARTA station, another group that bought Underground Atlanta and a new push by people connected to the Atlanta Hawks lead owner.

What's ahead? Check out a map and video along with my latest Unofficial Business column on MyAJC.com.

MYAJC.COM: REAL JOURNALISM. REAL LOCAL IMPACT.

AJC Unofficial Business columnist Matt Kempner offers you a unique look at the business scene in metro Atlanta and beyond. You'll find more on myAJC.com, including these columns:

Never miss a minute of what's happening in local business news. Subscribe to myAJC.com.

About the Author

Matt Kempner is an award-winning journalist who seeks out intriguing twists about people and subjects beyond what the AJC might typically cover. A former columnist and editor, his past assignments have included business investigations, energy, the economy, entrepreneurs, big business, consumer spending, politics, government and the environment.

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