A 10-acre site owed by Georgia Power near Historic Fourth Ward Park along the Atlanta BeltLine’s Eastside Trail will be redeveloped into a mixed-use project.
According to a report from the Atlanta Business Chronicle, New City LLC and private equity partner LAMB Properties have the site at 760 Ralph McGill under contract. The property is the largest remaining contiguous site along the Eastside Trail in the Old Fourth Ward. Georgia Power has been using the site as an operations center and marshaling yard for its service trucks.
New City is the same company redeveloping the former “Murder Kroger” just up the BeltLine into 725 Ponce, an office tower with a new Kroger supermarket on the ground floor.