Carter selected to start talks over SRTA property that could include future Amtrak, Greyhound stations
State and real estate firm partnered to offer property late last year
- TJB PROPERTIES/MAJOR & ARROLL
- Two parcels on the border of Atlantic Station and Westside could feature Amtrak, Greyhound stations
Carter, the Atlanta-based real estate developer that has made aggressive moves for big intown development projects in recent years, has been given a seat at the table to negotiate for two pieces of property near Atlantic Station that could feature an Amtrak and Greyhound station. The adjoining parcels located at Northside Drive and 17th Street - one of which is owned by the State Road and Tollway Authority - could also play a key role in the development of Atlanta's Westside neighborhood.
According to a document posted to SRTA's website, Carter has been notified that it made the best offer on the land. The firm, the state, and the owner of the adjoining property will now sit down to negotiate a final sale. (Specifically, SRTA has awarded a nonbinding "notice of intent to award," which is legal-ese for "take a seat and let's talk.") SRTA's board would have to approve any deal.
Carter is in the process of securing leases with Amtrak and Greyhound, which means the area could serve a role as a major transportation hub in the city. (Hey, maybe it could help relieve some traffic woes along Northside Drive?)
Carter declined comment. Efforts to reach a SRTA spokeswoman after business hours were unsuccessful.