Fort McPherson Redevelopment Hangs in The Balance...

By
Real Estate Broker/Owner with MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living 272617

Fort McPhersonDrive south along Lee Street past the auto shops, the shuttered warehouses and the sidewalk vendors selling tube socks and you'll encounter a long wall ringed by a barbed-wire fence. Behind the fence sits 488 acres of immaculate lawns, an 18-hole golf course and a collection of historic buildings that could become Atlanta's newest neighborhood.

On Sept. 15, the U.S. Army will hand the keys to Fort McPherson over to a state authority tasked with writing its second act. Gone will be thousands of soldiers, support staff and the bustling — and classified — activity it once housed.....

Imagine...this site has been a military base sonce 1885....ONE HUNDRED TWENTY SIX YEARS of history!

Read more of the story here.

The following units are scheduled to relocate from Fort McPherson: the Headquarters of the U.S. Army Forces Command and the Headquarters of the U.S. Army Reserve Command, will be moved to Fort Bragg, North Carolina. The Headquarters, U.S. Army Central, will be moved to Shaw Air Force Base, South Carolina. The Installation Management Command, Southeast Region and the U.S. Army Network Enterprise Technology Command, Southeastern Region will be moved to Fort Eustis, Virginia. The Army Contracting Agency, Southern Region Office, will be moved to Fort Sam Houston, Texas.

Indeed, this is an amazing opportunity in a part of Atlanta that could use a shot in the arm, leg, shoulder...you name it. Of course, since it's a military base, I've never seen the inside of it, but if this is any indication of what's behind the barbed wire and brick walls....it could be an amazing place. But, what developer has the money to acquire 400+ acres and develop it.

Time will tell some sort of story.

Fort McPherson Staff Housing

Comments (5)

Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

THom - and an even better question, is who will get the money. I'm sure some of the politicians will find a way to turn it into affordable housing at the expense of the city, and manage to line their pocket in the process. Excuse my pessimistic opinion, but those guys have a bad track record.

Jul 22, 2011 05:28 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

I hope Larry is wrong, because it sounds like an exciting opportunity to develop a great new neighborhood.

Jul 22, 2011 05:47 AM
Sharon Paxson
Compass - Newport Beach, CA
Newport Beach Real Estate

Hi Thom - time will tell what will happen to this property. 126 years is a long time. It would be nice for a new neighborhood to be built there!

Jul 22, 2011 06:10 AM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Not knowing the area, 400+ acres might be an investors dream, especially with some imagination.  

Jul 22, 2011 06:17 AM
Cal Yoder
Keller Williams Elite - Lititz, PA
Homes For Sale in Lancaster PA - 717.413.0744

Wow, Thom it is a great opportunity for someone. It would be great if you got that shot in the arm. Best of luck.

Cal

Jul 22, 2011 03:23 PM