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Financing Secured for Centennial Yards Mixed-Use Project
Centennial Yards Co. plans to build a 12-story building with approximately 280 apartments, 62,000 square feet of retail space and a 509-space parking garage. A CIM Group subsidiary is still ironing out last minute details before construction starts. A groundbreaking is tentatively scheduled for early 2027.
Centennial Yards is expected to cost $5 billion and include 2,000 residents at full buildout.
The Atlanta Business Chronicle reports Centennial Yards continues to pursue a full-size grocery store with a format befitting a downtown environment. The team is also still looking to build a little over 1 million square feet of office space and is actively seeking potential tenants.
Existing portions of Centennial Yards have been packed before and after the World Cup matches that have been held across the street at Mercedes-Benz Stadium. The goal with this next mixed-use project is to create more energy on non-event days.
- ◦Development
