Atlanta BeltLine Inc. says it has bought 13 acres needed to finish the northeast corridor between Rock Springs Road northeast and Mayson Street northeast.
The purchase price was approximately $460,000.
“The land, previously owned by Norfolk Southern, is the last remaining portion of corridor needed to complete the Eastside Trail up to the Armour area,” a press release from ABI says. “Termed ‘the wye’ due to its Y-shape, this section of inactive rail crosses over the Buford Spring Connector and under I-85 before connecting with Mayson Street.
ABI says the “wye” provides a .25 mile link between the Eastside Trail and the Armour area, “a burgeoning job center for creative office and light industrial uses.”
ABI says the purchase is “one more step toward completing the 22-mile Beltline corridor loop around Atlanta.” Transportation Special Purpose Local Option sales tax funds helped pay for the land.
“The acquisition was also supported by The Conservation Fund, who provided a bridge loan for the transaction while the T-SPLOST funds are collected over a five-year period,” ABI said in the press release.
Future extensions will link the Armour area to Buckhead and the PATH 400 trail.
“Construction of the paved Atlanta BeltLine trail in this area will commence when design is complete and construction funds are secured,”” the press release from ABI says. “The segment between Montgomery Ferry Road and Mayson Street will remain closed to the public until further notice.”