Glenwood Park - Development Archives

Glenwood Park Has New Lead Developer

Land Use and Zoning

Green Street Properties, a development company headed by Mindspring founder Charles Brewer, has replaced Novare Group as the lead developer of the Glenwood Park mixed-use project. The 28-acre site is located at the Glenwood Ave. exit of I-20 adjacent to the east side of Grant Park. It most recently served as the Vulcan Materials concrete recycling facility. With the new capital investment, the project could begin as early as the summer of 2002.

Novare bought the property last year and performed site analysis and planning activities, including a rezoning from industrial to planned development mixed-use zoning. Novare originally planned to build 300,000 square feet of office space, 80,000 square feet of retail, 300 apartments, 100 condominiums and about three dozen single-family homes. Overall, the project was expected to be about 1.1 million square feet, but the downturn in the economy and office market forced the company to reconsider.

The project will be the first for Green Street, which Brewer started in June after resigning last year as chairman of EarthLink, which had previously merged with Mindspring. The Glenwood Park plans include apartments, single-family housing, retail and office space, civic buildings, parks and recreational facilities that will be intertwined instead of relegated to specific areas. According to Brewer, it would have stores and restaurants that would attract people from across the metro area in addition to neighborhood shops and a grocery store. There would not be a "full-blown" office building. "This project is big enough that we can create some streets, some blocks, and make it a great urban place," Brewer said, "It's a location where we can have a significant and successful retail component."

Because the rezoning to industrial was based on Novare's project, the zoning will have to be reconsidered according to the new plan. As part of this process, Green Street will be seeking approval for the zoning change from the affected neighborhood organizations, including the Grant Park Neighborhood Association.

(This story was compiled from articles in the Atlanta Business Chronicle and the Atlanta Journal-Constitution)