The city of Atlanta’s plans to sell Underground Atlanta to a private developer have been delayed, the Atlanta Journal Constitution reports.
Citing unnamed sources, the AJC said the planned closing with WRS Real Estate Investments was initially set for Thursday, Jan. 5, a date that was selected due to an earlier postponement.
A recent decision by the City Council to turn over public streets to the developer has drawn the ire of some residents. The city is abandoning portions of lower and upper Alabama Street, Upper and Lower Pryor Street and Plaza Way to accommodate the multi-million dollar mixed-use project, according to Creative Loafing and the AJC. A local advocacy group, ThreadATL, is threatening a lawsuit to prevent the streets from being turned over to the developer.