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Wednesday, January 11, 2012

Two development teams competing for Fort McPherson redevelopment

Posted by Thomas Wheatley on Wed, Jan 11, 2012 at 11:31 AM

SECOND LIFE State authority thinks massive former military base in southwest Atlanta could become bioscience research facility and mixed-use development
  • Joeff Davis/CL File
  • SECOND LIFE State authority thinks massive former military base in southwest Atlanta could become bioscience research facility and mixed-use development
Two teams — one of which last year landed the contract to turn the massive railyard and parking lot near Philips Arena into a downtown train terminal — have submitted bids to redevelop the first segment of Fort McPherson, the massive former military base in southwest Atlanta.

Rhonda Cook says the first team includes Cousins Properties, the Integral Group and Forest City Enterprises. Competing against the trio is a joint venture between Carter and H. J. Russell & Co.

The state authority tasked with guiding the historic base's redevelopment is keen on seeing the 488-acre property, which for nearly 100 years has been closed off to most non-military personnel, into a mixed-use development anchored by bioscience research facility. The base was vacated late last year but is still owned and controlled by the army. (David Pendered has a good round-up on the base's future, especially considering the piss-poor economic climate.)

Look for a committee to be named next week to evaluate the proposals, Cook says. We're seeing what kind of details we can get our hands on about the proposals.

(H/T to the resourceful Curbed Atlanta)

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On the south side and served by existing MARTA heavy rail. This is where growth needs to go.

The 1% uber* regressive sales tax does nothing to encourage that this site gets developed fully and in a transit/pedestrian fashion.

Actually the 1% uber regressive sales tax represents a government subsidized competitive threat to Fort McPherson because it provides more access greenfields on the northside and encourages the northern march of our center of population.

*uber because a sales tax is regressive, a sales tax on groceries is even more regressive and a sales tax on groceries that exempts that doles out tax breaks to the wealthy such as exempting that portion of a car sale above $5,000 is uber regressive.

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Posted by InAtl on 01/11/2012 at 2:23 PM
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