Atlanta High-Rise Development Opportunity | ±0.81-Acre Site | Centennial Olympic Park

377 Centennial Olympic Park Drive Northwest Atlanta, GA 30313

377 Centennial Olympic Park Drive Northwest, Atlanta, GA, 30313
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FOR SALE
Property Type:
Commercial Land Development
Amount:
$11,500,000
Last Verified:
Jan 15, 2026

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Highlights

  • Address: 377 Centennial Olympic Park Drive
  • Site Size: 0.81± acres | Prominent corner parcel
  • Zoning: SPI-1 SA5 – High-density, flexible for hotel, multifamily, office, retail, or mixed-use
  • Development-Ready: Fully entitled 188-key hotel with completed construction plans
  • Topography: Slightly rising eastward slope—ideal for structured parking and vertical development
  • Views: Direct Centennial Olympic Park frontage with skyline and sunset views
  • Walk Score: 90 – Walker’s Paradise
  • Transit Score: 78 – Excellent Transit access
  • Income in Place: $5,000–$12,000/month from existing parking
  • Unmatched Demand Drivers: Tourism, convention, sports, and entertainment anchors

Description

A rare opportunity to develop a high-rise multifamily, mixed-use, or hospitality project on a premier corner site directly adjacent to Centennial Olympic Park in downtown Atlanta.

This ±0.81-acre parcel offers exceptional park and skyline views, including unobstructed sunset vistas, in the heart of Atlanta’s most visited and fastest-growing tourism and entertainment district. The site is shovel-ready for a 188-key, ±162,772 SF hotel, with full construction plans and entitlements already in place—significantly reducing development timeline and execution risk. Flexible C-1 zoning also supports multifamily, office, retail, or mixed-use development, allowing developers to respond to market demand.

Within immediate walking distance are Atlanta’s strongest demand drivers, including Centennial Olympic Park, Georgia Aquarium, World of Coca- Cola, Mercedes-Benz Stadium, State arm Arena, Georgia World Congress Center, and a dense concentration of dining, entertainment, and cultural attractions—supporting sustained occupancy, premium rents, and long-term value.

Atlanta, GA

Lot Size: 0.81 acres


Documents

Offering Memorandum

Map of 377 Centennial Olympic Park Drive Northwest, Atlanta, GA, 30313

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.