Office parks · Georgia
41 Marietta St.
Proposed 120-unit conversion in Atlanta office park; supported by county growth and housing market data, but status remains unconfirmed. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.
Site profile5 elements · what this retrofit is built with · tap a chip for the evidence
Retrofit in the pipeline
This site: …proposed record · all sites with this3+ other atlas sites within 10 km
This site: 29 within 10 km computed · all sites with thisCounty permitting 2,000+ apartment units a year
This site: 8,159 units, Fulton County census-bps · all sites with thisRedeveloped
This site: …slated to be turned into a 120-unit apartment building record · all sites with thisHousing
This site: …slated to be turned into a 120-unit apartment building newtypes-extraction · all sites with thisNow
| Status | Retrofit proposedWikipedia no source |
|---|---|
| Strategy | Redevelopment, proposedWikipedia no source |
| New uses | housingWikipedia no source |
| What is there now | slated to be turned into a 120-unit apartment buildingnewtypes-extraction reported |
| Redeveloper | 41 Marietta Street Main GA LLCnewtypes-extraction reported |
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2021 | Loan | $20.0M closed | 41 Marietta Street Main GA LLC ← Arbor Realty Trust | multifamilydive.com |
| 2018 | Sold | $11.5M closed | 41 Marietta Street Main GA LLC | multifamilydive.com |
Site context
| Housing permits, Fulton County (GA), 2024 | 8,159 units in 5+ unit buildings, 481 in 2–4, 2,937 single-family; 2023: 7,096 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 29 within 10 km, 52 within 25 km: 56 Marietta St. (0.0 km); Peachtree Arcade (0.1 km); Boisfeuillet Jones Atlanta Civic Center site (0.1 km); 2 Peachtree Street (0.1 km); Carver Community (0.1 km)computed |
| Retail trade in the county, 2025 (BLS QCEW) | 55,938 jobs in 4,327 establishments; average annual pay $50,638; employment location quotient 0.60; employment -2.8% on the yearBLS QCEW 2025, NAICS 44-45, private |
| Jobs located in the tract, 2022 | 26,902 jobs; 116 in retail trade, 3,359 in accommodation and food (workplace blocks summed to tract 13121011901)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 29th income percentile as adults; 3.4% incarcerated at the 2010 count (690 children in the sample); born 1978–83, measured 2014–15Opportunity Insights |
| Food access (USDA FARA 2019, 2010 tract) | low-income, low-access tract (1 mile urban / 10 miles rural); 55% of residents more than 1 mile from a supermarket; poverty rate 35.3%; median family income $31,827; 409 SNAP householdsUSDA ERS |
| Schools | Atlanta City School District (PK-12); 2 public schools within 1 mile: Department of Human Resources; Wesley International Academy CharterNCES EDGE |
| Elevation | 1,054 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 266 county-logged events: 174 thunderstorm wind, 48 flash flood, 34 hail, 10 tornado; $9,525,000 property damage reported; 2 direct deaths; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events |
| Homes for sale in ZIP 30303, 2026-09 | median list price $223,675 (+12.4% on the year); 39 active listings; median 119 days on market; 27% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 3,732 establishments (+10%); 55,757 jobs (+14%)Census CBP |
| Housing market in the county | typical home value $414,221 (-2% 1 yr, +11% 5 yr); typical rent $1,926/mo (+3% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 19,800 vehicles a day on Courtland St SE; (minor arterial, 4 lanes); 40 counted segmentsFHWA HPMS |
Summary, model-written
41 Marietta St. (135k sq ft office park) is proposed for conversion to 120 housing units. Developer 41 Marietta Street Main GA LLC acquired the site in 2018 ($11.5M) and again in 2021 ($20M).
Why. County population grew 4.6% (2018–23), median rent $1,635. Housing market shows ZORI $1,926 (up 2.6% YoY).
Where it stands. Proposed status. Nearby cluster (10km) includes 29 developments: 10 proposed, 10 under construction, 9 built. Closest peer is Piedmont Center (0km, proposed).
For a planner
- County growth and rent data support housing demand. Traffic: Courtland St SE (minor arterial, 4 lanes, 19,800 ADT) may impact access.
For a developer
- 120-unit target aligns with local market (ZORI $1,926). 2024 permits show 8,159 housing units approved in county. Note: Record marked 'verified: draft' and status is 'proposed'—no construction timeline provided.
What we do not know yet
- No current construction status. Traffic data lacks pedestrian access details. 'Verified: draft' suggests incomplete verification.
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- D.R. Horton Engineering Drive, Peachtree Corners, GA · Office parks · similar GLA (101,000 sq ft); same strategy: redevelop; also in GA
- Piedmont Center, Atlanta, GA · Office parks · same strategy: redevelop; also in GA; 0 km away
- Summit at Peachtree Parkway, Peachtree Corners, GA · Office parks · same strategy: redevelop; also in GA; 28 km away
- Embassy Row, Sandy Springs, GA · Office parks · same strategy: redevelop; also in GA; 19 km away
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- already in play: under construction, approved, or sold to a developer with housing plans
- county grew 4.6% 2018–23
- median rent $1,635
- housing in the record
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Gross leasable area | 135,000 sq ftnewtypes-extraction |
|---|---|
| County | Fulton County |
| Census division | 5 · South Atlantic |
| Notes | Draft from multifamilydive.com, model-extracted, unreviewed: A 1976 office tower at 41 Marietta St. in Atlanta was proposed for conversion into a 120-unit apartment building but is now headed to foreclosure. |
Not yet recorded: acres, year opened, original developer, retrofit year. Know it? Tell us.
Sources
- Atlanta office conversion goes to foreclosure - Multifamily Dive
1 quoted sentence
41 Marietta St.
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