Microsoft Buys Quarry Yards for $127 Million

The developers, Urban Creek Partners, sold their proposed mixed use development to a Microsoft affiliated real estate investment firm. The initial plans included 70 acres of land near Bellwood Quarry, consisting of 850 residences, a 300 room hotel, and over 500,000 square feet of office space. This is exciting for Atlanta, but also raises questions and concerns over affordability, and gentrification.

I’d love to hear your opinion, please shoot me a reply and let me know what you make of the big purchase.

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