A controversial development at the corner of Piedmont Park is off the table after the Beltline decided not to sell the property needed for the project, according to the Atlanta Journal Constitution.
Developer Fuqua wanted to build an 11 story hotel and hundreds of apartments, along with a grocery store. But residents living nearby were adamantly opposed to the plan.
The Beltline did not give a reason for not moving forward with the sale of the property, located at the southeast corner of the park.
In a statement to Atlanta Loop, a spokesperson said, “Invest Atlanta and Atlanta BeltLine, Inc. have made the decision to cancel the Request For Proposals (RFP) for the Invest Atlanta-owned site, at the corner of 10th and Monroe. We have determined that the process itself is not yielding a result that we feel is appropriate for that site, and we plan to re-evaluate at a later date.”
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WABE contributed to this report.