Brookhaven, GA, July 21, 2016 – by Trey Benton – MARTA and development partners Brookhaven City Center Partners, a master development joint venture of Integral and Transwestern Development Company, will be hosting a Public Meeting to discuss their rezoning application filed in connection with a planned Transit Oriented Development (TOD) at the Brookhaven/Oglethorpe Transit Station.
On July 1st, MARTA filed an application with the City’s Community Development Department requesting to rezone an assemblage of land totaling 17.57 acres around the Brookhaven/Oglethorpe Station to construct a controversial TOD. The land is bordered by Peachtree Rd, Apple Valley Rd., Dresden Dr. and North Druid Hills Rd. In order to construct the TOD at the densities proposed, MARTA needs to rezone this land to PC-2. Currently the parcels have a mixture of zoning classifications such as C-2, M, R-75 and RM-75.
Included in the application, MARTA indicates they will pursue tax incentives in the form of Tax Abatements. Whether those incentives will be ultimately awarded by the DeKalb Development Authority or Brookhaven is not 100% certain, although there are active conversations with the City. If the City is to award the abatements, City Leaders tell The Post they would have more control over how those funds are handled. The number being thrown around at this point is between $15 million and $17 million.
The case is set to be considered by Brookhaven’s Planning Commission on September 7th at 7:00 PM, according to MARTA.
The multi-phase project at this point is slated to include:
- An 8 story office building including 200,000 square feet,
- A hotel with 75,000 square feet (125 keys);
- Two for rent multifamily buildings aggregating 340 units;
- Two for sale multifamily buildings aggregating 107 units;
- One senior housing building with 100 units; and
- Retail and restaurant uses aggregating 55,768 square feet.
MARTA and BCCP say they have met with regional transportation stakeholders, including the Atlanta Regional Commission, Georgia Department of Transportation, and City, State and County leaders to address existing traffic problems, infrastructure capacity and other regional issues that could be further impacted by development of the TOD.
MARTA says the value to the community and the City of Brookhaven is:
- The project will transform two underutilized surface parking lots currently not on the tax rolls to a gateway to Brookhaven
- Add over 6.2 acres of new public parks, plaza and open space with 4.1 acres of green space
- Upgrade dated infrastructure, MARTA station and pedestrian connections
- Create a place for community activities such as arts festivals, movie nights and group exercise
- Bring village scale retail walkable from the MARTA station and surrounding neighborhoods
- Enhance walkability in the project and connections to the surrounding community
- Add over $200 million to the tax base (3.3% of Brookhaven’s total tax base)
- Potential to create 1,400 permanent jobs ( 6% increase of Brookhaven’s employment base)
The Public Meeting will be held on July 25th at 5:30 PM at Oglethorpe University in the Trustee Room, located at 4484 Peachtree Road, NE at 5:30 PM.