AH Board Votes to Negotiate Master Developer Agreement For Atlanta Civic Center Performing Arts Center
The plans for the Performing Arts Center presented by CCP—a collective that includes Republic Family of Companies; Sophy Companies, LLC; and Michaels Development Company, I, LP-- support Atlanta Housing's wholistic vision to transform the site into a culturally inclusive destination, bringing together arts, culture, and community intertwined with affordable housing in a mixed-income model. Furthermore, utilizing one master developer for the entire property will provide efficiencies and cost savings with shared resources such as infrastructure and parking. "We have an immense opportunity here to not only preserve a part of Atlanta history but also to empower the community by providing jobs, beautiful community spaces, and access to prime amenities such as a state-of-the art theater," said Eugene E. Jones, Jr. president and CEO of Atlanta Housing. "The goal is to create something that is viable, sustainable, beautiful, and enjoyable that will enrich people's lives."
- ATLANTA, Nov. 16, 2023 /PRNewswire/ -- In a transformative step forward for an iconic piece of Atlanta history, the Atlanta Housing Board of Commissioners voted Wednesday to enter into a Master Development Agreement (MDA) with Atlanta Civic Center Partners, LLC ("CCP") to redevelop 4.36 acres of the historic Performing Arts Center (PAC) structure and plaza.
- Furthermore, utilizing one master developer for the entire property will provide efficiencies and cost savings with shared resources such as infrastructure and parking.
- Atlanta Housing Board of Commissioners Chairman Larry Stewart re-emphasized the importance of community and honoring the history of the site.
- Along with the reimagined Performing Arts Center, the Civic Center site will become an innovative Arts District where arts, culture, and community are connected.