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Los Angeles-based CIM Group has put its latest plans for an entertainment-centric project out there for everyone to see. The developer hopes to complete most of the project by the 2026 FIFA World Cup.
The Atlanta Business Chronicle reports Centennial Yards has released new renderings to the project along with filing permits on the project it hopes to start building in June. Centennial Yards will be a 480,000-square-foot development of entertainment, retail and restaurant space. The site is near State Farm Arena and Mercedes Benz Stadium.
The “immersive eatertainment concept” will be housed in a three-story building, four-story entertainment venue for a single tenant, two-story building for food and beverage tenants, 14-story hotel with 233 rooms and a fan gathering plaza.
The next phase of the proposed $5 billion venture would join a couple of 18-story towers currently under construction. Set to deliver in 2025, those buildings will add 300 apartments, 292 hotel rooms and 30,000 square feet of new commercial space for restaurants and retailers.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.