The groundbreaking of a Centennial Yards residential project, consisting of two high-rise buildings, took place recently in downtown Atlanta, Georgia. CIM Group partnered with the Atlanta Hawks owners, Tony Ressler and NBA Hall of Famer Grant Hill for the project. However, the developers have placed Centennial Yards Co in charge of the 50-acre site, located opposite the Mercedes-Benz Stadium.
At the groundbreaking, the developers unveiled a rendering and logo for the Centennial Yards residential project. The triangular logo is a representation of the three rail lines which form the downtown street grid in the Gulch area. Additionally, this location was the intersection point of the three railroad lines, which led to Atlanta’s creation in the 1840s.
Development plans for the Centennial Yards residential project
Ultimately, the Centennial Yards residential project will add 8 million square feet of residential and commercial spaces to the Gulch area. The project will provide a 304-unit apartment tower and a 292-key boutique hotel. Both buildings will rise 18 stories above the viaduct level and feature 21,000 square feet of ground-level retail and restaurant spaces. On top of that, visitors and locals will also have access to public green space on the property.
The residential portion of the Centennial Yards residential project will provide housing options ranging between one-, two- and three-bedroom units. In addition, residents will enjoy amenities such as a fitness center, pool, multiple lounges, on-site co-working spaces, and a dog run. Meanwhile, the design for the boutique hotel includes restaurants, bars, a pool deck, and a ballroom of over 8,000 square feet.
The developers expect to complete the Centennial Yards residential project by 2025. TVS and Goode Van Slyke are the architects working on both high-rise towers. But TVS is also leading the interior design of the buildings.
Brian McGowan, the Centennial Yards President, was excited about the plans for the new boutique hotel and 304 apartment units. Especially since these amenities will be right across the Mercedes-Benz Stadium, where the 2026 World Cup games will take place. McGowan also said the project’s design matches the overall urban planning strategy of creating an active, safe, walkable and entertaining environment.