ATLANTA—A blighted, residential development in East Point, GA will soon become a modern retail amenity. RH Ledbetter Properties has assembled a 30-acre site along Cleveland Avenue, just west of Interstate 85, to develop Cleveland Avenue Crossing.

On this site starting in 1946, South Towne Apartments and Suburban Court Apartments were opened as premier housing communities along Cleveland Avenue, then a burgeoning South Atlanta commercial corridor. Now, the property is home to 58 condemned, asbestos-filled duplexes with a long-term vagrancy problem.

“Cleveland Avenue Crossing will benefit the City of East Point and its neighborhoods tenfold by creating hundreds of new jobs and thousands of dollars in tax revenues,” says Wright Ledbetter, COO of Ledbetter. The project is a 173,000-square foot retail development located in the heart of the East Point Corridors Tax Allocation District (TAD) and represents the first retail project to receive TAD financing assistance along the Cleveland Avenue corridor.