Cumberland Investment

Cumberland Investment
Mixed-Use
1. 2. 3. 4.
5.
6.
Under
Construction
Zoned
Ackerman’s Stadium Walk
Atlanta Braves’ The Battery Atlanta
Denton’s Broadstone at Windy Ridge
JLB Realty LLC 2747 Paces Ferry
Encore Center, Cobb Galleria Pkwy, DRI w/ ARC
Riverview- Cobb Pkwy & Paces Mill, 8/16/16
Completed
Office
25
7. Childress Klein’s Galleria 500
8 Childress Klein’s Galleria 555
9. Genuine Parts Company Headquarters
10. Greenstone’s Encore Center
11. Highwoods and Seven Oaks’ Riverwood 200
12. Hines’ Two Overton Park
13. Pope & Land’s 200 City View
14. TPA Group’s 1100 Overton
19
9
Residential
15. Acadia Homes’ Sutton Park
16. Arrowhead’s Stillhouse Lane
17. Atlantic Realty’s The Reserve
at the Ballpark
18. John Wieland Homes’ Gates at
Ivy Walk
19.JW Acquisitions’
Arbington at Wildwood
20. Mill Creek Residential
21. Oxford Properties’ Encore
22.. Pope & Land/River Oaks Drive
23. Pope & Land’s Stillhouse Ridge
24. Pulte Homes’ Cumberland at Beech Haven Trail
25. Pulte Homes’ Terrell Mill Ivy Gate
26. Pulte Homes’ Vinings Crest
27. Ryland Homes’ Towns at Breton Ridge
28. The District at Windy Hill
29. Trammell Crowe’s Alexan at Overlook
30. Walton Riverbend
31. Brooks Chadwick’s Capital
32. Atlantic Realty Development, Phase 3, 8/16/16
260
37
28
33
35
1
259
27
260
17
32
30
2
259B
14
259A
Cumberland will realize
$4.0 billion in public and
private investment between
2013 and 2018.
• $2.0 billion in private
• 1.8 million sq ft new Class A office
• 6,806 new residential units zoned
• 1,397 new hotel rooms
• 625,500 sq ft new retail
• $2 billion in area public
infrastructure improvements
33
7
8
258
12
5
37
20
15
11
23
16
21
22
259A
10
39
29
13
Hotel
33. 1100 Overton Hotel
26
34. Marriott Courtyard at Vinings
35. Candlewood Suites
4
Retail/
Other
34
Select CID Capital Improvement Projects
Windy Hill Improvement Projects Including: Diverging Diamond Interchange
US 41/Cobb Parkway Widening and Trail
US 41/Cobb Parkway Bridge Replacement
Street/Ped Lighting & Mast Arms Project (various routes)
Cumberland Blvd West Intersection Improvements & Streetscape
Cumberland Boulevard Bridgescape
Bob Callan Trunk Trail Extension
Riverwood Parkway Streetscape
US 41/Cobb Parkway Central Streetscape & Mast Arms
Akers Mill Road Central & West Streetscapes
Akers Mill Trail East
36. Olshan Properties’ Akers
Mill Square Bonefish Grill 31
37. SpaceMax Storage Facility at
Powers Ferry
38. WellStar Vinings Health Park
39. Passion City Church
Other Select Public Infrastructure Projects
18
38
24
Atlanta Road Interchange
Braves Related Infrastructure Improvements
SPLOST Cumberland Related Projects Including: Terrell Mill Connector
Water Main Infrastructure
7/15/16 the total value of permits in the CCID is $196 million ($185 million is commercial or CID taxable).
Private Investment Projects Pipeline Through
This makes up 56% of Cobb County’s total commercial permit value to date in 2016.
Mixed-Use Delivery/Projected Delivery Date - Map Location Number: Planned/Under Construction/Completed
Ackerman’s Stadium Walk - 392 Multifamily units, 290 Hotel rooms, 80,000 Sq Ft Retail, 2018 - 1.
Atlanta Braves - 630,000 Sq Ft office, 600 Multifamily units, 260 Hotel units, 500,000 Sq Ft Retail, 2017 - 2.
Denton’s Broadstone at Windy Ridge - 280 Multifamily units, 8,000 Sq Ft retail, 2017 - 3.
JLB Realty LLC’s 2747 Paces Ferry - 295 Multifamily units, 71 Townhomes, 35,000 Sq Ft Retail, Late 2017-Early 2018 - 4.
Encore Center, Cobb Galleria Pkwy, DRI review with ARC, 450K Office, 45K Retail, 600 Residential-5.
Riverview, 250K Office, 105K Retail, 300 Residential Units-6.
Trammell Crowe’s Alexan at Overlook
Office Delivery/Projected Delivery Date - Map Location Number: Planned/Under Construction/Completed
Atlantic Realty’s The Reserve at the Ballpark
Childress Klein’s Galleria 500 - 475,000 Sq Ft, Zoning Approved, TBD - 7.
Childress Klein’s Galleria 555 - 250,000 Sq Ft, Zoning Approved, TBD - 8.
Cousins Properties’ Genuine Parts Company Headquarters - 200,000 Sq Ft, Bonds Approved & Validated, Under Construction, 2016 - 9.
Greenstone’s Encore Center - 200,000 Sq Ft, Bonds Approved & Validated, 2018 - 10.
Highwood & Seven Oaks’ Riverwood 200 - 350,000 Sq Ft, Bonds Approved & Validated, Under Construction, 2017 - 11.
Hines’ Two Overton Park - 390,000 Sq Ft, Zoning Approved, TBD - 12.
Pope & Land’s 200 City View - 450,000 Sq Ft, Zoning Approved, TBD - 13.
TPA Group’s 1100 Overton - 400,000 Sq Ft, Bonds Approved & Validated, 2017 - 14.
Residential Delivery/Projected Delivery Date - Map Location Number: Planned/Under Construction/Completed
Ackerman’s Stadium Walk
Highwoods & Seven Oaks’ Riverwood 200
Acadia Homes’ Sutton Park - Townhomes, 25 Units, Under Construction, 2016 - 15.
Arrowhead’s Stillhouse Lane - Townhomes, 39 Units, Under Construction, 2015 - 16.
Atlantic Realty’s The Reserve at the Ballpark - Multifamily, 320 Units, Under Construction, 2016 - 17.
John Wieland Homes’ Gates at Ivy Walk - Townhomes, 24 Units, Under Construction, 2016 - 18.
JW Acquisitions’ Arbington at Wildwood - Townhomes, 45 Units, Zoning Approved, 2016 - 19.
Mill Creek Residential - Multifamily, 300 Units, Zoning Approved, TBD - 20.
Oxford Properties’ Encore - Multifamily, 327 Units, Under Construction, 2016 - 21.
Pope & Land’s River Oaks Drive - Multifamily, 259 Units, Zoning hearing in March 2016 - 22.
Pope & Land’s Stillhouse Ridge - Multifamily, 240 Units, Zoning Approved, TBD - 23.
Pulte Homes’ Cumberland at Beech Haven Trail - Townhomes, 28 Units, Zoning Approved, TBD - 24.
Pulte Homes’ Terrell Mill Ivy Gate - Townhomes, 52 Units, Zoning Approved, 2017 - 25.
Pulte Homes’ Vinings Crest - Townhomes, 63 Units, Under Construction, 2016 - 26.
Ryland Homes’ Towns at Breton Ridge - Townhomes, 74 Units, Under Construction, 2016 - 27.
The District at Windy Hill - Multifamily, 275 Units, Zoning approved, 2017 - 28.
Trammell Crowe’s Alexan at Overlook - Multifamily, 300 Units, Under Construction, 2016 - 29.
Walton Riverbend - Multifamily, 26 Units,TBD, 2016 - 30.
Brooks Chadwick Capital @ Paces Ferry & Spring Hill Pkwy - 67 Townhomes, TBD - 31.
Atlantic Realty Development, Phase 3, 224 Multifamily units-32.
Hotel Delivery/Projected Delivery Date - Map Location Number: Planned/Under Construction/Completed
1100 Overton Hotel - Planned, 350,000 sq ft, 350 rooms, 2015 - 33.
Marriott Courtyard at Vinings, 350,000 sq ft, 400 rooms Zoning Approved, TBD - 34.
Candlewood Suites - 5-story, 92 rooms, TBD - 35.
Retail/Other Delivery/Projected Delivery Date - Map Location Number: Planned/Under Construction/Completed
Olshan Properties’ Akers Mill Square - Bonefish Grill,TBD- 36.
SpaceMax Storage Facility at Powers Ferry - Delivered, 2015 - 37
Well Star Vinings Health Park, 105K sq ft, -38.
Passion City Church-Cobb Pkwy & Cumberland Blvd, 186,972 sq. ft. TBD - 39.
JLB Realty’s Paces Ferry Development
Public Investment Projects Pipeline
Select CID Capital Improvement Projects
FUNDING SOURCE ESTIMATED COMPLETION TOTAL COST
Cumberland Boulevard Bridgescape
Windy Hill and I-75 DDI
Windy Hill Improvement Projects Including: Diverging Diamond Interchange - CID/Cobb SPLOST/SRTA 2017 $48 m
Under Construction - East & West Improvements Broke Ground, DDI will break ground by the end of 2015
US 41/Cobb Parkway Widening and Trail - CID/Cobb SPLOST/GDOT 2017 $35.7 m
US 41/Cobb Parkway Bridge Replacement - CID/Cobb SPLOST/GDOT 2015 $18.8 m
Street/Ped Lighting & Mast Arms Project (various routes) - CID 2017 $3.6 m
Cumberland Blvd West Intersection Improvements & Streetscape - CID/Cobb SPLOST/TBD 2017 $6.3 m
Cumberland Boulevard Bridgescape - CID/GDOT 2017 $1 m
Bob Callan Trunk Extension - CID/FHWA/ARC 2018 $9 m
Riverwood Parkway Streetscape - CID 2016 $0.6 m
US 41/Cobb Parkway Central Streetscape & Mast Arms - CID/ARC 2015 $3.8 m
Akers Mill Road Central & West Streetscapes - CID/ARC 2017 $4.5 m
Akers Mill Trail East - CID 2015 $2.9 m
Other Select Public Infrastructure Projects
FUNDING SOURCE ESTIMATED COMPLETION TOTAL COST
US 41/Cobb Parkway Bridge Replacement
Cumberland Circulator/Shuttle System - Cobb SPLOST/Federal Aid/Other 2017 $3.35 m
I-285 Pedestrian Bridge - CID/Federal Aid TBD $9.8 m
Interstate North Parkway / Realignment & Pedestrian Improvements - Cobb SPLOST/State Aid 2017 $4.55 m
Northwest Corridor Express Lanes - GDOT 2018 $830 m
Water Main Infrastructure - Cobb $68 m
Windy Hill / Terrell Mill Connector - Cobb SPLOST/State Aid/Other TBD $30 m
Windy Ridge Parkway / Pedestrian Improvements on Bridge - Cobb SPLOST/State Aid/Other 2017 $10 m
This list is gathered through the public records for Cobb County and does not claim to be exhaustive.
Northwest Corridor Express Lanes at I-75 & I-285