City completes deal for sale of the Atlanta Civic Center

The Atlanta Housing Authority has officially closed on its purchase of the Atlanta Civic Center in Downtown.

The 19-acre property will become a $300 million mixed-use development with retail, office space and affordable housing. Mayor Kasim Reed said 30 percent of the housing units will be designated as affordable, and the development will also include a Publix supermarket.

Reed said the Atlanta Housing Authority will partner on the project with Weingarten Realty. The $31 million transaction will see the Atlanta Housing Authority acting as lead developer on the housing component, while Weingarten will handle retail and office space. Grades