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1 Atlanta BeltLine 1 st Quarterly Briefing of 2019 Park Tavern March 14, 2019
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Page 1: BeltLine 1stbeltlineorg-wpengine.netdna-ssl.com/wp-content/... · Looking Forward in 2019 40% 50% 60% 80% Market The Milton 55 Milton Ave., Atlanta, GA Neighborhood: Peoplestown 95

1

Atlanta BeltLine 1st

Quarterly Briefing of

2019

Park Tavern

March 14, 2019

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Vision: To be the catalyst

for making Atlanta a global beacon for equitable, inclusive, and

sustainable city life.

PROGRAM ELEMENTS

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2018 Review

Chief Equity and Inclusion OfficerVP of Housing Policy and DevelopmentVP of Brand, Content, Strategic Initiatives

MORE MARTA VOTE

ACQUISITIONS

Eastside Trail ext. II constructionNortheast Trail designEnota Park design

Adair Court closingHousing Report Finalized

NEW HIRES

TRAILS & PARKS

Southside TrailKudzu LineGA Archives site

Community/Business surveyMurphy Crossing RFP released

HOUSING

Equity & Inclusion PanelLaunch BeltLine U

ECONOMIC DEVELOPMENTEQUITY INITIATIVES

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Major Milestones in 2018

Purchased the Southside Corridor

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Major Milestones in 2018

Purchased the “Kudzu Line”

WESTSIDE TRAIL

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Major Milestones in 2018

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Major Milestones in 2018

Broke Ground on Adair Court Senior Community

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Major Milestones in 2018

Published Affordable Housing Working Group Final Report beltline.org/housing

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Major Milestones in 2018

Published a Request for Proposals for the development of Murphy Crossing

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Major Milestones in 2018

Conducted a Community and Business Survey

beltline.org/2018survey

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Art on the Atlanta BeltLine

Art on the Atlanta BeltLine:

• A.M.F.M. Summer Fest

• Inertia

• BeltLine Walls

• Family Paint Day

• Lantern Parade

• “Atlanta and the Civil Rights Movement” Exhibition

Major Milestones in 2018

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Looking forward to

2019: Challenges and Opportunities

Northwest Trail

Southside Trail

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Looking Forward in 2019

Open Southside Trail in interim conditions

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Looking Forward in 2019

Advance design on the Northeast Trail

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Looking Forward in 2019

Complete the Eastside Trail extension

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Looking Forward in 2019

The trail at Edge development opened; retail forthcoming

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Looking Forward in 2019

Advance work on the Westside connection with PATH Foundation

WESTSIDE TRAIL

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Looking Forward in 2019

Advance construction for EnotaPark

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Looking Forward in 2019

Advance design for Boulevard Crossing Park

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Looking Forward in 2019

Graduate the Inaugural Class of BeltLine U

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Art on the Atlanta BeltLine

Art on the

Atlanta BeltLine

• 10th anniversary

exhibition

• Call for artists

and technical

positions now

open

• Launched

Residency

Program

Looking Forward in 2019

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Looking Forward in 2019

40% 50% 60% 80% Market

The Milton55 Milton Ave., Atlanta, GA

Neighborhood: Peoplestown

95 809% 4% Tax

Credit Rental20 60 15 15 $1.8 Million

Not selected for 9% in

2018 DCA round.

Working on financing

using 4% tax credits

Madison Reynoldstown(f/k/a Phase II - Reynoldstow n Crossing)

890+ Memorial Drive, Atlanta, GA

Neighborhood: Reynoldstown

116 1164% Tax

Credit Rental39 39 38 40 $2 Million

Closing Anticipated

late Q2 - mid-Q3 2019

Parkside at Quarry Yards1314 Donald Lee Hollowell Parkway

Atlanta, GA

Neighborhood: Grove Park/Bankhead

177 1774% Tax

Credit Rental52 98 27 15 $2 Million

Closing Anticipated

early Q2 2019

Total 388 373 39 72 197 65 15

ABI/IA

Investment

(BAHTF)

StatusDevelopmentTotal

Units

Affordable

Units Type

Affordability Levels Years

Affordable

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Art on the Atlanta BeltLine

The following

were made

possible with

taxpayer funds:

• Southside

Corridor

• Kudzu Line

• Westside

connection

• More MARTA

Thank You for Your Support!

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Thank You!

Clyde HiggsInterim Chief Executive Officer

[email protected]


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