Ground broken for renovation of historic Atlanta Constitution building

A rendering of the renovated Atlanta Constitution building in Downtown Courtesy Invest Atlanta Renovation of the historic Atlanta Constitution building in Downtown into a mixed-use evolution is underway Invest Atlanta and progress partner Gorman Company held a groundbreaking ceremony for the project at Alabama Street on June Built in as the headquarters of the Atlanta Constitution newspaper the Art Moderne-style building has sat derelict for decades but will now be transformed into Folio House The first phase will activate the space and surrounding streets by stabilizing and restoring the building s exterior and daylighting the square feet of ground floor commercial space in time for the FIFA World Cup An adjacent outdoor area called The Pitch will be used for cultural and World Cup-related events Phase one will also include converting the upper floors into affordable housing units available at to percent of the area median income Phase one was approved for a million Westside TAD Ascension Fund grant to ensure long-term affordability and equitable access to housing and commercial opportunities Phase two will add a new -unit affordable housing building on the surrounding property further addressing the city s housing requirements Once complete the site is expected to include more than affordable housing units according to a press release from Invest Atlanta Mayor Andre Dickens center and city leaders gathered for a groundbreaking ceremony at Alabama St on June Courtesy Invest Atlanta The transformation of Alabama is part of a broader vision of an equitable downtown revitalization that already includes Peachtree and properties on Trinity and Forsyth Mayor Andre Dickens explained at the groundbreaking event These investments are testaments to the strength of public-private partnerships how they can turn vacant and underutilized buildings into thriving community-serving spaces Invest Atlanta CEO Eloisa Klementich described the project as transit-oriented expansion thanks to its easy access to the under-refurbishment Five Points MARTA Station Once completed this redevelopment will make a major impact with over million in leveraged outlay and million in total economic output projected Klementich announced The Atlanta Constitution building has sat derelict for decades in Downtown Courtesy Gorman Company The post Ground broken for renovation of historic Atlanta Constitution building appeared first on Rough Draft Atlanta