The Atlanta Hawks and partners are looking to redevelop the area surrounding Philips Arena into a mixed-use entertainment district. The Gulch, shown here Monday afternoon March 7, 2016, is one area that could be used for the project. Ben Gray / bgray@ajc.com
Photo: Ben Gray/The Atlanta Journal-Constitution
Photo: Ben Gray/The Atlanta Journal-Constitution

New state filing points to huge development in Atlanta’s Gulch area

A development group co-founded by the brother of Atlanta Hawks owner Tony Ressler has filed paperwork asking the state of Georgia to evaluate its “conceptual” plans for a massive mixed-use project in the downtown Atlanta area known as the Gulch.

The site has long been seen as a contender among the city’s potential homes for Amazon’s new North American headquarters

The Development of Regional Impact filing submitted Wednesday by Los Angeles-based CIM Group suggests the development would include 1,000 apartments, 1,500 hotel rooms, 1 million square feet of retail space and 9.35 million square feet of office space.

A then-unnamed group made a similar filing with the city of Atlanta last month

“The property proposes a development over structured parking to create a robust transit-oriented development adjacent to two MARTA stations,” the filing said.

The state of Georgia delivered its bid for Amazon’s North American headquarters project, dubbed HQ2, last month. The a 50,000 jobs bonanza that could total more than $5 billion in new investment.

Amazon has said it requires up to 8 million square feet of office space on property with direct transit connections that also is within 45 minutes of an airport.

The Gulch property would fulfill all those requirements.

This story will update on subscriber website myAJC.com.

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