Fund Project Areas
The MRC has been engaged in property acquisition since 2007 and has invested Fund assets in two target areas of the city. The MRC has assembled a 8+/-acre site with frontage on Powder Springs Road adjacent to the Hilton Atlanta/Marietta Conference Center Hotel referred to as the Hedges area. In addition the MRC acquired a parcel along North Marietta Parkway when an unanticipated opportunity arose that may be utilized in a larger assemblage in the future.
Hedges project area
Hedges site packet
The Hedges project area is an approximately 8+/-acre redevelopment site just east of the Hilton Atlanta/Marietta Hotel & Conference Center and the Marietta City Club golf course. The northern boundary of the property is located at the intersection of Powder Springs Road and Hedges Street, which has an average daily traffic count of 36,900 vehicles per day. The site offers convenient access to Interstate 75, I-575, I-285, state route 5, SR 120 and SR 280.
The Hedges site may redevelop with the assistance of other MRC programs. The site is located in a designated new market tax credits qualified area and is within the boundaries of the Center City South Renaissance TAD.
Directions from Atlanta: Take I-75 north toward Marietta/Chattanooga. Take the GA 120 loop exit 263 towards South Marietta Parkway/Southern Polytechnic State University. Merge onto South Marietta Parkway/GA-120 Loop South. Turn left on Powder Springs Street/Powder Springs Rd. End at Powder Springs and Hedges streets.
Allgood project area
The Allgood project area is located at the intersection of North Marietta Parkway (SR 120 Loop) and Allgood Road which has an average daily traffic count of 14,100. The site is just minutes from the city’s top employer, Wellstar Kennestone Hospital, and offers convenient access to I-75, I-575, I-285, SR 5, SR 360 and SR 280.
The Allgood site may redevelop with the assistance of other MRC programs. The site is located in a designated new market tax credits qualified area and is within the boundaries of the Center City Perimeter TAD.
Directions from Atlanta: Take I-75 north toward Marietta/Chattanooga. Take the GA 120 loop exit 264 towards Marietta. Turn left onto North Marietta Parkway/GA-120 Loop N. End at 409 North Marietta Pkwy.