$4,500,000
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.
7740761
MLS
529 Whitehall Sw Street, Atlanta
Listing courtesy of Ansley Real Estate | Christie's International Real Estate.
