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Hartsfield's $1B Redevelopment to Model Reagan Project

ATLANTA-Locally based Robert and Co. is completing conceptual plans that will be unveiled on May 15 for a 3,400-acre, mixed-use venture south of Hartsfield International Airport and near the fifth runway currently under construction.

By Alex Finkelstein | Updated on May 14, 2003

ATLANTA-Clayton and Fulton Counties and elected officials in College Park plan to unveil conceptual plans May 15 for a 3,400-acre, mixed-use venture south of Hartsfield International Airport, near the fifth runway currently under construction.

Locally based Robert and Co. is using the Crystal City project at Reagan National Airport, outside of Washington, DC, as a model for the Hartsfield enterprise. Like the land near Hartsfield, Crystal City formerly was a dilapidated industrial area but now has 16 million sf of office, 12 hotels, 5,000 apartments and 300,000 sf of retail.

Atlanta area construction industry estimators tell GlobeSt.com that development costs for the planned 3,400-acre project could easily reach $1 billion by the time the undertaking is completed.

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