Hundreds of millions of dollars are pouring into the Westside, which has transformed in recent years from a rundown industrial space to a hip, walkable community that ties together Midtown, Buckhead and downtown.
In the last decade, $1 billion or more has been invested in the Westside, said Michael Phillips, president of Jamestown, who teamed up with Westbridge Partners to redevelop one of the key projects in the area, White Provision. Chris Faussemagne, principal of Westbridge Partners, said at least $250 million in projects have come online since 2012.
Several developers with projects in the area likened it to New York City’s Meatpacking District.
“It’s a former industrial area with that used to have a lot of large warehouses and manufacturing uses, and it’s changing,” said Scott Selig, vice president of Selig Enterprises. “A lot of residential units are going in, a lot of retail, restaurants and entertainment. It’s becoming a place for people to live, and it’s very close to downtown, which makes it appealing.”
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