MARTA is moving forward with a plan to develop a mixed-use tower atop the North Avenue station in Midtown.
Real estate investment and management firm JLL has officially launched the marketing for a Transit Oriented Development (TAD) for the 1.5 acre site at Ponce de Leon Avenue, West Peachtree Street and North Avenue.
A JLL team comprised of Scott Cullen, Mark Lindenbaum, and Jeremy Becker are handling the marketing, developer selection and transaction process for MARTA.
“MARTA has considered TOD at this station for several years. We have a lot of faith in the long-term momentum of Midtown and are pleased to make this site available for development,” said MARTA’s Jacob Vallo.
According to a media statement, JLL “aims to secure a developer for a signature tower project with direct multi-modal connectivity to MARTA’s rail and bus network. The site is within blocks of Portman’s CODA and Anthem projects and the Norfolk Southern headquarters.”
For more about the project, visit northavenuetod.com.