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$61 million renovation planned for Union Terminal Warehouse

Columbia Ventures is seeking $9.2 million in city incentives for the mixed-use project with 228 apartments.

Atlanta-based Columbia Ventures LLC is negotiating with the city for $9.2 million in gap funding for its proposed $61 million adaptive reuse of the historic Union Terminal Warehouse near Jacksonville’s Eastside.

A statement April 15 by Columbia and documents it submitted to the Downtown Investment Authority outline a 228-unit mixed-use redevelopment of the 108-year-old warehouse at 700 E. Union St. …

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Source: Jacksonville Daily Record

Union Terminal Warehouse approved for landmark status

Atlanta-based Columbia Ventures plans to pursue historic tax credits for an adaptive reuse project.

The Jacksonville City Council named the Eastside area’s historic Union Terminal Warehouse at 700 E Union St. a local landmark at the request of the owner East Union Property Owner LLC.

Council voted 19-0 on April 13 to approve the landmark designation, which will make Atlanta-based Columbia Ventures LLC’s plans to convert the structure into apartments eligible for city incentives and federal historic tax credits.

The final vote follows the Council Land Use and Zoning Committee’s 7-0 approval April 6. …

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Source: Jacksonville Daily Record

Photos: In Atlanta, weedy MARTA parking lots have transformed into a modern hub

Mixed-use “Edgewood Park” project could be a template for transit-focused redevelopment on a human scale

These days, a stroll through Edgewood shows how MARTA’s push for transit-oriented development has continued to bear fruit despite the pandemic.

What used to be a vast, usually two-thirds empty parking lot has transformed into “Edgewood Park,” a 6.3-acre project with five distinct components, including a public greenspace.

MARTA has entered into long-term ground leases with developer Columbia Ventures to build the mixed-use hub, similar to other TOD partnerships, according to Stephany Fisher, the transit agency’s spokesperson.

Project leaders updated Urbanize Atlanta this week on where all aspects of Edgewood Park stand. …

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Source: Urbanize Atlanta

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