A mixed-use development with apartments, hotels and retail space is the latest project announced for the Cumberland-Galleria area near the site of the Braves stadium in Cobb County.
Zoning attorney John Moore, who is representing the developer of the $100 million mixed-use project, tentatively called Stadium Walk, said his firm is representing at least three other clients with plans for major commercial and residential projects between now and the time the new stadium, SunTrust Park, opens in 2017.
“I think developers sense that this [stadium] is such a big event that it’s going to carry a lot with it,” Moore said. “The sheer enormity of the project carries a huge halo effect.”
Stadium Walk is not connected to the $1.22 billion SunTrust Park project, which includes the $622 million stadium and a $400 million, 74-acre mixed-use development. The development will have 630,000 square feet of Class A or top-tier office space, 500,000 square feet of retail, 450 hotel rooms and 500 residential units.
The Cobb Planning Commission approved rezoning for Stadium Walk this week. MCP-Ackerman Corporate Forum LLC plans to build the project on nearly 13 acres on Circle 75 Parkway, north of the new stadium site.
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