A Webstar Technology Group affiliate acquired and will redevelop The Forge Project—a 3.0+ million square foot mixed-use development in Downtown Atlanta’s Castleberry Hill district.
The Forge, fully entitled and shovel-ready, features residential units, boutique and condo hotel rooms, flex space, sports entertainment complex, restaurant and retail, and a cultural center.
The site sits within the SPI-1 SA1 zoning corridor, offering the highest allowable density in the city.
Webstar Technology Group selected Nelson Worldwide as the lead architect for its $650 million Bear Village Resort in Commerce, Georgia. It has expanded that role to include The Forge Project in Downtown Atlanta.
Webstar has committed to tokenizing The Forge Project using blockchain technology. Through digital securities offerings, investors can purchase fractional ownership in the project via dividend-paying digital tokens, offering unprecedented liquidity and transparency in commercial real estate investing.
The post Webstar Takes Over 3M-SF Atlanta Redevelopment Project appeared first on Connect CRE.
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