Update on Proposed Development at 10th and Monroe

Invest Atlanta voted on December 21, 2017 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% affordable units)
• 1 story grocery store (20,000 sq ft)
• Restaurant space (15,000 sq ft)
• 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.

A summary of the Invest Atlanta meeting, VHCA’s letter to Invest Atlanta, and letters from then Councilmember Elect Jennifer Ide and then Councilmember Alex Wan are included below.

• Summary of Invest Atlanta Meeting
• VHCA Letter to Invest Atlanta
• NPU-F Letter to Invest Atlanta
• Councilmember Letter to Invest Atlanta 

VHCA 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. These efforts are being coordinated through VHCA’s Planning Committee (email: [email protected]) and will involve not only members of the VHCA Planning Committee, but input and guidance from both the professional planner and the land-use attorney who have advised VHCA over the years. We will continue to provide updates as things evolve and progress.

 

Submitted by Lola Carlisle, VHCA Planning Committee