Quote:
Originally Posted by shivtim
I think there is some misinformation here. Terraces on the Park is a conceptual project, not an actual proposal. It's from an architect, and was never attached to a developer. For all we know, this is the concept Fuqua is going with. Much of the site is owned by the Beltline and Invest Atlanta, so any proposal would have to meet their requirements (all parking must be hidden and it must be mixed-use, for example).
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Terraces on the Park was an actual proposal with an attached developer. Like many developments, it didn't quite make it, but it's not entirely dead. There are a variety of reasons for why it didn't move forward (at least not yet), one being that the BeltLine put out a bid for the land between the BeltLine and what the developers own and the developers lost the bid to another developer. Although from what I heard that developer is having issues making something work with the land, although that might be rumor.
Although the neighborhood was / is hard to work with, they didn't kill the deal. It never got that far.