Memorial Drive’s impressive development boom over the past decade could continue on a Cabbagetown corner that’s seen little activity this century.
A for-sale row of properties where Memorial Drive meets Tye Street has been primed for redevelopment with several uses, according to Keller Williams Realty Intown Atlanta listings.
The .17-acre corner property—vacant for well over 15 years—is directly across the street from Grindhouse Killer Burgers’ Memorial Drive location.
It’s half a dozen blocks west of the Beltline’s Eastside Trail, and just east of Oakland Cemetery, with protected bike lanes installed last year on Memorial Drive at the doorstep.
The Memorial Drive properties' proximity to the Beltline (at right) and Oakland Cemetery (left). Google Maps
The Cabbagetown corner lot in question as viewed from Tye Street. Google Maps
A Keller Williams listing posted last month indicates that property (690 Memorial Drive) would be included with the neighboring one (678 Memorial Drive) in the $595,000 asking price.
Property records indicate 678 Memorial Drive is a 1940s commercial building once used as an appliance store next to the vacant lot.
The property’s current owners have begun the planning process to redevelop the sites into a mixed-use project. According to listings, those plans call for 20 multifamily units, three commercial spaces, four townhomes, and what’s described as a “versatile-use center.”
The multifamily addition to the neighborhood would be a rarity for Cabbagetown, where no residential development of considerable size has delivered since the 764 Memorial condos and townhomes half a decade ago.
Next door, to the east, a 1.2-acre property formerly occupied by Cummin Landscape Supply remains vacant today.
Listings note that a parking variance will be required to successfully see the new Memorial Dive proposal through, and that “detailed plans [are] provided within the documentation” included with a sale.
The empty Memorial Drive corner lots in question. Google Maps
Listings indicate this commercial building, a former used appliance store that's been empty for several years, is included in the deal. Google Maps
The properties are located in the Maynard Jackson High School cluster (Parkside Elementary and Martin Luther King Jr. Middle schools) and are called an “exceptional opportunity” in the historic neighborhood overall.
Any wishlist items, at the dawn of a new year, for exactly what you’d like to see happen here?
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