Fairlie-Poplar | Residential

40 Marietta - HUD Building Conversion

Conversion of the former HUD Atlanta headquarters into an active-living 55+ community with 152 affordable homes.

40 Marietta - HUD Building Conversion

What it is

40 Marietta Street NW, the former Atlanta headquarters of the U.S. Department of Housing and Urban Development, is slated to become an active-living community for adults 55 and older. Downtown Atlanta Inc. lists 152 affordable housing units, an adaptive reuse of the existing building, with Columbia Ventures LLC as the developer and a stated investment of $59 million. The site sits in the Fairlie-Poplar district. The map entry gives no unit mix, rent levels or amenity list, so those details are not yet published here.

Where it stands

The Downtown Atlanta Inc. investment map entry marks the project as planned, with a completion year of 2027. It is not open and is not yet accepting residents; leasing details have not been published on the map entry.

Contact

Business details

Address
40 Marietta St NW
Atlanta, GA 30303

View on Google Maps · Directions

Website
Open external site

downtownATL History

  • The tower at 40 Marietta St was built in 1964 and was known as the First Federal Savings and Loan building. Digital Library of Georgia
  • It was later renamed Forty-One Marietta Building and then Five Points Plaza. Digital Library of Georgia
  • In 2009 LNR Partners took the building at a foreclosure auction for $7 million, and in 2011 Jordache Enterprises bought the 143,000 square foot tower for $6 million. Bisnow Atlanta
  • The federal Department of Housing and Urban Development leased the building under a 25-year lease that ran to February 2024, and the agency planned a move to 77 Forsyth St. Bisnow Atlanta

Sources: Forty Marietta Building - Digital Library of Georgia · Bisnow Atlanta: HUD Vacating Atlanta Tower

Map

Explore the whole district on the downtownATL map.

Related businesses