Invest Atlanta voted on Dec. 21 to support the sale of BeltLine land near 10th and Monroe. The $166 million proposed development from Fuqua Development LP that was submitted with the bid to purchase the land consists of:
11 story hotel (150 rooms)
351 residential units (with 30 percent affordable units)
1 story grocery store (20,000 square feet)
Restaurant space (15,000 square feet)
745 parking spaces
The development would encompass the land sold by the BeltLine as well as land on Monroe and Cresthill that is zoned single-family and has a land use designation of single-family.
In a recent posting, the Virginia-Highland Civic Association said it is closely monitoring this project and is working with all interested stakeholders to insist that any proposed development reflect the concerns and input of Virginia-Highland and surrounding neighborhoods.
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