Uncover an exceptional opportunity to influence the future of Atlanta's vibrant community with five prime pad sites at Pittsburgh Yards. Located along the highly sought-after Atlanta BeltLine Southside Trail, this property is within a Federal Opportunity Zone, offering developers a unique advantage to significantly impact an evolving area.
Each pad site is fully serviced with essential utilities, including water and sewer lines, for seamless integration into the thriving environment. Pittsburgh Yards prioritizes sustainability, featuring bike racks and electric vehicle (EV) charging stations to meet the needs of modern users. The site offers more than 200 lighted parking spaces and ample expansion potential, ensuring unmatched accessibility. The typical clear height in the area is 40 feet, but Pittsburgh Yards can extend up to 250 feet, far exceeding standard industrial and warehouse requirements. Additionally, an on-site stormwater detention vault is in place to support environmental compliance and future growth.
With approved rezoning for mixed and light industrial use (I-MIX), Pittsburgh Yards is primed for diverse development opportunities, from business and professional services to light manufacturing and boutique mixed-use projects. The property's location within a Federal Opportunity Zone offers significant financial incentives, including a temporary deferral of taxable income on capital gains reinvested into an Opportunity Fund, a step-up in basis for reinvested gains, and a permanent exclusion from taxable income on gains if the investment is held for at least 10 years. These benefits allow developers and investors to reduce upfront tax liabilities, maximize long-term returns, and contribute to the area's growth.
Pittsburgh Yards benefits from direct access to the BeltLine, making it one of only two developments in the area directly adjacent to the trail, with an impressive 3,000 feet of trail frontage. This strategic access aligns with Pittsburgh Yards' goals, enhancing connectivity and fostering greater community engagement. Proximity to the BeltLine not only highlights the project's uniqueness but also positions it as a rare and valuable asset, boosting its overall appeal.
The Atlanta BeltLine plays a crucial role in connecting previously isolated developments across the city. Plans to integrate light rail along the BeltLine aim to further enhance connectivity and mobility for the community. This proximity also improves walkability and strengthens neighborhood ties. Additionally, Pittsburgh Yards offers convenient access to Interstates 85 and 75, is near MARTA bus and rail stations, and provides easy connectivity to Interstate 20.
Pittsburgh Yards is a gateway to unparalleled opportunities in Atlanta's Southwest region, offering a prime location, comprehensive infrastructure, and limitless development potential. As we enter 2025, the future of this area is bright, with incentives and strategic plans in place to promote growth and development.