The Invest Atlanta Board approved $5 million from the Campbellton Tax Allocation District (TAD) Fund for the acquisition of two underutilized retail centers in the Greenbriar community.
MURAL Real Estate Partners will acquire and redevelop Greenbriar Marketplace and the Shoppes at Greenbriar into a mixed-use community featuring retail space and multifamily residential units. Located on Headland Drive, the current site spans nearly 200,000 square feet of retail space across 24 acres – 18 of which are in city of Atlanta and six are in city of East Point.
The high-impact destination will be delivered in two phases and will include 1,069 residential units and 250,000 square feet of retail. Committed to affordability, MURAL is making 15% of all residential units available at 80% area median income (AMI), and 20% of all retail and commercial space available at 80% of market rent for local independent businesses.
