355 Centennial Olympic Park Drive
- Address: 355 Centennial Olympic Park Drive
- Site Size: ±0.81 acres | Prominent corner parcel | Opportunity Zone 2.0
- 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
Property 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. The site is located in a newly designated Opportunity Zone 2.0 for years 2027-2036. 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. The flexible SPI-1 SA5 zoning supports high density multifamily, office, retail, or mixed-use development. The site is 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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $11,500,000 |
| No. of Units: | 188 |
| Lot Size: | 0.81 Acres |
| Opportunity Zone: | No |
| Price per unit: | $61,170 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
969 Saint James Ave
Summerville, South Carolina
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout