A ribbon-cutting with Atlanta’s mayor and other dignitaries in attendance is scheduled Friday to showcase the latest significant private investment in southeast Atlanta.

Just south of Ormewood Park, the new development in the tiny Woodland Hills neighborhood is called Halidom, meaning “something held sacred,” per Merriam-Webster.

The project is located at 1341 Moreland Avenue, between East Atlanta Village and the Starlight Drive In outdoor movie theater.

The 1341 Moreland Avenue project site in relation to downtown and East Atlanta. Google Maps

The first Halidom phase—where Mayor Andre Dickens, Sen. John Albers, R-Roswell, and others are expected to cut the proverbial ribbon Friday afternoon—will serve as IST Management Services’ new international headquarters, with retail and restaurant space at the base.

Elsewhere on the property, a luxury 90-unit Halidom apartment building is scheduled to begin construction this summer. Other facets call for a 6,000-square-foot outparcel retail building, 220 parking spaces, and 2-acre nature park along Intrenchment Creek that will be open to the public.  

Plans for the full Halidom buildout along Moreland Avenue. Halidom on Moreland/IST

Project leaders say Halidom will eventually bring more than 200 new jobs to the East Atlanta area, once all offices are leased and retail and restaurant portions built.

IST bills itself as an industry leader in Integrated Facilities Management and Legal Solutions. The company’s new HQ is expected to create 100 new positions and house existing corporate employees.  

Halidom is located a couple of blocks north of the 32-acre shopping center site where developer Empire Communities is reportedly planning a sprawling residential project with nearly 700 units. Those plans also call for 11,000 square feet of retail space where Moreland and Custer avenues meet.

Across the street from that site, Royal Oak Development launched sales last year at a boutique condo community called Moreland Walk, priced from the mid-$200,000s.  

Elsewhere in the neighborhood, the United Lofts project converted a wing of Woodland Hills Church into condos—and sold out last year.  

Have a closer look at the Halidom vision—and where the project stands today—in the gallery above. 

• Whopping 680 homes planned for shopping center site near East Atlanta (Urbanize Atlanta)