Historic Downtown Church Latest To Mull Redevelopment
One of Atlanta's oldest churches is the latest to look for a private development partner to build a mixed-use destination on church-owned land.
Atlanta First United Methodist Church has issued a request for proposals from developers to redevelop two buildings on its property, as well as a parking lot, into a mixed-use project that would incorporate the historic church, which would remain untouched.
Church officials are seeking developers to develop affordable and market-rate housing, as well as commercial retail space, according to the RFP.
The church, which is sandwiched between Peachtree and West Peachtree streets at Ivan Allen Jr. Boulevard, was first built in 1903. The church also is seeking 50K SF in the project for its Atlanta First Day School expansion.
“To bring this God-size vision to life, we are looking for the ideal real estate development partner who shares our vision and values while considering the best and highest mission and use,” church officials wrote in the RFP.
Atlanta First United Methodist Church is the latest religious institution inside the city to mull redevelopment of its properties, especially at a time as the value and prices of land soar in Midtown and Buckhead.
Leaders of All Saints Episcopal Church off West Peachtree Street and Saint Luke's Episcopal Church off Peachtree Street are evaluating potential redevelopments of sections of their church land into mixed-use projects with private developers.
Recently, Saint Mark United Methodist Church in Atlanta sold a portion of its campus to StreetLights Residential to develop a high-rise apartment tower that will loom over the historic church.