8 Aug 2014

MARTA stations draw developer interest

From the Tudor-style neighborhoods of Avondale Estates to the stoic corridors of the King Center, from young Brookhaven to historic Candler Park, developers are spending millions of dollars and swallowing up dozens of acres at or near MARTA stations.

It marks a shift in Atlanta development as companies look to save money and attract key workers by building offices and homes near transportation hubs.

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Source: The Atlanta Journal-Constitution >>

21 Jul 2014

The Atlanta Transit Agency’s Big Plan to Convert Parking Lots into Housing

MARTA, the transit authority for metro Atlanta, is quietly becoming a player in the real estate world, and it has its excess parking to thank. In the past few months, the agency has pushed forward with plans to develop under-used parking lots at three stations—King Memorial, Avondale, and Edgewood/Candler Park—into mixed-use commercial and residential buildings. And MARTA expects to secure at least two more such deals by early next year.

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Source: The Atlantic Citylab >>

10 Jul 2014

Builder Picked for Edgewood/Candler Park MARTA Mixed-Use

MARTA is again pushing forward in its efforts to maximize the potential of its intown parking lots. Columbia Ventures, a developer with roots in the Edgewood neighborhood, will build a mixed-use node on a five-acre parcel surrounding the Edgewood-Candler Park MARTA Station, Invest Atlanta announced today. The economic development authority issued a request for proposals in March, after identifying the Edgewood-Candler Park Station as one of 10 MARTA transit hubs ripe for redevelopment. Columbia Ventures’ experience of building in Edgewood apparently went a long way; the company has built more than 400 housing units across Edgewood — including senior housing, market-rate housing,
affordable housing and townhomes — over the last decade.

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Source: Curbed – Atlanta >>

9 Jun 2014

Developer chosen for Edgewood/Candler TOD project

Invest Atlanta has selected Columbia Ventures LLC to serve as the developer of MARTA’s transit-oriented development project on five acres surrounding the Edgewood/Candler Park station.

The Atlanta-based company has worked in the neighborhood for a decade, building more than 400 housing units including market-rate and affordable housing.

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Source: Atlanta Business Chronicle >>

6 Mar 2014

Progress – MARTA, Decatur to develop Avondale station

MARTA’s board of directors has unanimously agreed to begin negotiations with the Decatur Development Authority to revitalize the area around the Avondale station.

The board authorized the negotiations on March 6.

MARTA and DDA have selected Atlanta-based firm Columbia Ventures as the project’s developer. Lyn Menne, Decatur’s Assistant City Manager in charge of Community and Economic Development, said the city recommended Columbia Ventures for the project.

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Source: Decaturish >>