529 Whitehall Street SW

Description

Approved 10-Story Mixed-Use Development Opportunity in the Heart of Atlanta Rare opportunity to acquire a fully designed and approved development site in one of Atlanta’s fastest-growing urban corridors. Located on Whitehall Avenue near McDaniel Street, the property is positioned minutes from Mercedes-Benz Stadium, State Farm Arena, Centennial Yards, Georgia State University, and downtown Atlanta employment centers. The site has been designed and approved for Noellam Tower, a 10-story mixed-use residential development featuring 151 residential units, ground-floor retail, structured parking, and amenity space. Development Highlights: • Land Area: Approximately 0.97 acres • Approved Building: 10-story residential tower • Total Units: 151 residential units • Total Building Size: Approximately 156,200 SF Unit Mix • 2 Bedroom Units: 8 • 1 Bedroom Units: 111 • Studio / Efficiency Units: 32 Commercial & Amenities: • Ground Floor Retail: Approximately 2,000 SF • Amenity Area: Approximately 1,800 SF Parking: • 131 structured parking spaces • Parking located within the podium and deck levels Concept Design Features: • Modern mid-rise residential tower with balconies • Structured parking integrated into the building • Street-level retail activating Whitehall Avenue • Interior courtyard and amenity space • Easy vehicular access via McDaniel Street Location Advantages: • Minutes from Mercedes-Benz Stadium • Near Centennial Yards redevelopment • Close to Georgia State University • Easy access to I-75 / I-85 connector • Walkable urban infill location Ideal For: • Multifamily developers • Mixed-use developers • Opportunity zone / urban infill investors • Institutional multifamily groups By-Right Zoning Summary Zoning: I-MIX (Industrial Mixed-Use) – City of Atlanta The I-MIX zoning district is intended to encourage the redevelopment of former industrial areas into higher-density mixed-use urban environments. The designation allows for a wide range of residential, commercial, and mixed-use development options. Permitted Uses (By-Right) Under I-MIX zoning, the following uses are typically permitted: • Multifamily residential developments • Mixed-use residential with ground floor retail • Apartments and condominium buildings • Retail shops and neighborhood services • Restaurants and cafes • Office space • Live-work units • Structured parking decks • Hotel and hospitality uses • Creative office / studio space Development Opportunity This zoning supports high-density urban residential and mixed-use development, This property offers a rare chance to develop a high-density multifamily project in a rapidly transforming area of downtown Atlanta with strong long-term growth fundamentals.