Portman Holdings is currently exploring options for the redevelopment of Amsterdam Walk. The proposed plan involves demolishing the existing shopping center, which primarily consists of adapted warehouses, in order to make room for new construction and connections to the Beltline. A site plan has been drafted, showcasing public plazas and five buildings ranging from eight to 16 stories tall. The tallest structures will be strategically placed along the BeltLine.
The initial proposal outlines a total of 900 apartments, 400,000 square feet of office space, 90,000 square feet of retail space and a parking capacity for up to1 ,435 vehicles. These units will include a mix of studios as well as one-, two- and three-bedroom layouts situated above ground-level retail spaces. Additionally,the office spaces will offer stunning views overlooking Midtownand Piedmont Park.
In line with affordable housing initiatives,a minimumof20%oftheapartmentswillbe designatedfor households earning80%oftheareamedianincome.Additionally,a portion (12 .5%)ofthecommercialspaceswillbeofferedatdiscountedratesforqualifyingdisadvantaged businesses.This ambitious project is expectedto be completed by2028assuming Portman successfully acquires all necessary approvals.
