Four Years In, Underground Atlanta's Owner Talks Restaurant Row and a World Cup Payoff
Shaneel Lalani bought Underground Atlanta for $31 million in 2020. A million visitors later, his team is betting the next chapter is food.
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Shaneel Lalani bought Underground Atlanta for $31 million in 2020. A million visitors later, his team is betting the next chapter is food.
Atlanta Tech Village has opened its second location in historic South Downtown, occupying two buildings along Mitchell Street's Hotel Row. The new ATV Sylvan space offers flexible office options and programming for entrepreneurs of all sizes.
The 115-year-old Sylvan Hotel at 235 Mitchell Street has reopened as ATV Sylvan — Atlanta Tech Village's South Downtown incubator — preserving original blue-and-gold tile mosaics and exposed brick while offering 30,000 square feet of month-to-month startup office space.
Bull Realty is marketing .84 acres at 314 Luckie St. with SPI-1 SA5 zoning, alongside a concept for roughly 200 apartments across 18 stories with 10,500 square feet of retail.
The 292-room hotel across from Mercedes-Benz Stadium reached full height two years after breaking ground, renamed for the mythical bird and city symbol, with a summer 2025 opening targeted.
Four months after the shovel-ready site was listed at $14.5 million, Texas-based Soneri Investment Group is on record as owner and developers have filed the first construction permits since early 2023.
125 Edgewood Ave., built by Joel Hurt and Samuel Inman and later one of Coca-Cola's earliest bottling operations, is being marketed by JLL as an adaptive-reuse candidate.
A sewer plug permit at 505 Highland Ave. is the first movement in 18 months on the 285-unit, grocery-anchored complex from Fuqua Development and Northwood Ravin.
The circa-1930 American Laundry Building at 256 Walker St., where André 3000 and Big Boi shot the Stankonia video, hit the market with Bull Realty in the high $2 million range.
The Metro Atlanta Chamber named downtown revitalization, public safety, and homelessness as its top 2025 priorities at its 165th annual meeting. More than $8 billion in combined public and private investment is currently underway in downtown Atlanta.
After a four-and-a-half-month pause, MARTA filed for commercial demolition and reached an agreement with City Hall to keep the Forsyth Street entrance open during construction, at the cost of a longer schedule.
An $80 million gift from the Robert W. Woodruff Foundation — the largest in Georgia State's history — is funding a rapid campus transformation: demolishing Sparks Hall, reimagining Woodruff Park, and fast-tracking construction to finish before the World Cup.
Invest Atlanta will enter a long-term lease and master development agreement with the Wisconsin affordable housing firm, adding a new mid-rise on the adjacent Ted Turner Drive parking lot.
The $50 million first phase on Gartrell Street, next to the expanded Mercy Care campus and north of King Memorial station, includes 30 permanent supportive housing studios and 10 respite units.
The developer of Centennial Yards will pay Atlanta nearly $8.5 million in lieu of including affordable apartments in its first new residential tower, the 19-story Mitchell. The decision has drawn scrutiny from residents and advocates who question the project's commitment to affordable housing given its record-setting city incentive package.