Next year in Metro Atlanta, developers plan to deliver more than 40M SF of industrial property, roughly 1.5M SF of new offices, nearly 500K SF of new retail space and thousands of new multifamily units. After a year that started with a bang — construction starts totaled $4.2B in the first half, a 68% increase from the same period in 2021, according to Dodge Data & Analytics — construction activity has tailed off as inflation and interest rates make many new developments too risky. But while the capital markets climate is paralyzing the industry today, the development already in motion is poised to bring even more change to the Atlanta region, with new movie studios, boutique offices, luxury apartments and sprawling data centers and warehouses opening their doors. With assistance from data compiled by CBRE Atlanta, Avison Young and Haddow & Co., Bisnow presents the eight most anticipated commercial real estate deliveries for 2023. Assembly Doraville
DEVELOPER: Gray TV SIZE: 1M SF-plusUSE: Film and TV soundstages, plus supporting office and retailLOCATION: DoravilleAfter buying the unfinished Assembly site from Integral Group in 2021, GrayTV began in earnest, entirely self-financing construction of the first phase of content production campus located just off Interstate 285 at Motors Industrial… Read the full story here. |