We’ve got some huge news, Atlanta. Earlier this week, Webstar Technology Group has officially closed on a 10-acre site in downtown Atlanta, marking the launch of Forge Atlanta, the city’s largest mixed-use development to date. This new development in Downtown Atlanta will change the whole vibe and city-scape of Downtown. Keep scrolling to see what you can expect from the largest mixed-use development in the city.
Wait… what’s going on?
Today, Webstar Technology Group, Inc. and its development subsidiary, Forge Atlanta Asset Management, announced the closing of a 10‑acre stretch in Downtown Atlanta, at Ted Turner Drive SW and Whitehall Street SW, marking the official launch of Forge Atlanta, a multi‑phase mixed‑use district set to transform an under‑utilized industrial block adjacent to the Garnett MARTA station and Interstates 20/75/85.
How big is this development for Downtown Atlanta?
This is a HUGE development for the city. The largest mixed-use development to date, Forge Atlanta is expected to be a transformative 8.4M+ sq. ft., with for-sale condominiums, a full-service hotel, destination dining and entertainment, office and creative space, and a network of plazas and green spaces connecting South Downtown, Castleberry Hill, and the Westside.
Phase I plans include:
- A 300-room hotel with meeting and event space
- Approximately 600 luxury condominiums
- Roughly 60,500 square feet of retail and entertainment
- An estimated 3,000 total jobs and a projected $7.37 billion economic impact
Webstar Technology Group CEO, Ricardo Haynes, says,
Closing on the land for Forge Atlanta marks a major milestone in our vision to transform an under‑utilized industrial block into a vibrant, mixed‑use district. By integrating traditional real estate financing with compliant blockchain technology, we are opening the door for residents, investors, and communities to participate in Atlanta’s growth. We are grateful for the support of Fulton County and our best‑in‑class partners and look forward to delivering thousands of jobs, new homes, and public spaces for Downtown Atlanta.
There is also no height limit for Forge Atlanta, so our skyline could have some pretty big changes, coming soon!
How will Forge Atlanta help the city?
Along with providing a much-needed revitalization to Downtown Atlanta with green spaces, restaurants, housing and more, Forge Atlanta will also help the city out economically. The multi-phase project will expectedly create around 3,000 jobs and generate a $7.37 billion economic impact.
This breaks down into an estimated 2,100 construction jobs and 900 permanent jobs in Phase I, according to Independent analyses commissioned by the Development Authority of Fulton County.
We’re excited to learn more about Forge Atlanta as the project progresses. Stay tuned for more info!