MindSpring Founder Plans $150M Mixed-Use Venture

ATLANTA-In his first commercial real estate venture, Charles M. Brewer, founder of Atlanta-based Internet service provider MindSpring Enterprises Inc., a company that merged with Earthlink in 1999, plans to break ground on a new venture Jan. 27. Glenwood Park, a $150 million mixed-use undertaking will have 70 townhomes, 45 single-family residences, 50,000 sf of office and 100,000 sf of retail.

Brewer’s Green Street Properties Inc. is developing Glenwood Park on the site of a former concrete recycling plant near Interstate 20 and the Glenwood-Memorial Connector. The first homes and shops are tentatively scheduled to open in first quarter 2004.

Brewer couldn’t be reached at GlobeSt.com’s publication deadline. But area brokers familiar with the former Internet entrepreneur tell GlobeSt.com Brewer envisions Glenwood Park as a new category of city neighborhoods, one in which residents, office workers, cyclists and shoppers will be able to navigate on narrower streets with slower vehicular traffic. Brewer is investing an undisclosed amount of his own money, reportedly in the millions, into the project.