Development

Mixed-Use Development

• Represented client in the land acquisition and development of numerous residential projects, with retail components, including a joint venture with equity fund investor.
• Represented Jacoby Development in connection with the development of Aerotropolis, a mixed-use project located on the 120-acre site of the former Ford Motors Assembly Plant adjacent to Hartsfield-Jackson International Airport. Phases included the sale of property acres to Porsche for the development of its North American headquarters, the sale of the property to the City of Atlanta, and the proposed construction of a parking facility covered by solar panels.
• Representing owners and investors in connection with the syndication, financing, acquisition, leasing, and disposition of neighborhood shopping centers. Clients include Equinox Group, Stafford Development Company, Alterman Properties, Goddard Development Company, and Trammell Crow Company.
• Represented owner/developer in the preparation and negotiation of two long-term sports-use anchor tenant leases to be developed as mixed-use projects.
• Represented owner/developer of Lake Point® project, a 1,200+ acre assemblage for a mixed-use development north of Atlanta, including joint venture transactions, land acquisitions, project financing, preparation of declaration of covenants, restrictions, and easements on the project, parcel sales and on two long-term youth sports-use anchor tenant leases.
• Represented developer/owner of a mixed-use urban redevelopment project of over 80 acres in obtaining approximately $80 million of NMTC-subsidized financing for multiple phases of the development, including approximately 900,000 square feet of office space. The transactions involved 11 different CDE lenders and acquisitions of participations in existing leverage loans to 11 different NMTC investment funds.
• Represented the developer of a mixed-use condominium and retail project in downtown Atlanta, financed in part with Tax Allocation District bonds and New Markets Tax Credits. Property structure included air rights, long-term ground leases, assemblage of fee ownership, and residential condominiums.
• Representing owner/developer in the preparation of declaration of covenants, operating and easement agreements, and air-rights sales contracts, for to-be-developed mixed-use urban redevelopment project.
• Represented Lane Company in the development of apartment and condominium communities in the Atlantic Station project in Atlanta.
• Represented a REIT in acquiring the dominant regional mall in Charlotte, North Carolina. After a period of permitting, we represented the REIT and subsequent owner in the redevelopment of the mall into one that would remain the dominant mall in the area. The representation included negotiations with existing anchor tenants for approvals and for development of existing anchor stores, property exchanges, purchases of property from certain anchors, site plan approvals, reciprocal easement agreements, air rights agreements, sales of pads to anchors, ground leases to other anchors, shared parking agreements, agreements for the development of mixed-use building with residences and others.
• Representation in connection with a $20 million mixed-use development (including approximately 18,000 square feet of commercial space) located in Atlanta, Georgia, financed with tax-exempt and taxable series of bonds, low-income housing tax credits, and CDBG funds.
• Representation of developer in obtaining a $52 million construction loan and related financing for mixed-use development in Atlanta’s Midtown to contain retail, office space, and residential condominiums.
• Representation in connection with mixed-use historic rehabilitation development located in South Carolina, financed with I.R.C.§ 47 historic rehabilitation tax credits and conventional debt financing.
• Represented a developer in connection with multi-phased, mixed-use development comprised of multifamily and single-family residential components, a new charter elementary school, a community center, a YMCA, a bank branch, and other retail.
• Represented a developer in connection with a Caribbean-based development of a luxury resort-anchored, mixed-use project, including negotiation of acquisition and concession documents with the government.
• Represented a real estate equity fund in connection with its investment in mixed-use urban development.
• Represented a real estate investor in connection with an equity investment in various retail, multifamily, office, and mixed-use projects.
• Represented a master developer in developing a mixed-use project with hotel, retail, and residential components.
• Represented global hotel operator in the acquisition of a 400+ room hotel in a multi-parcel development in which the remaining sites were zoned for office buildings. In addition to negotiating the purchase and sale agreement and handling the acquisition, we renegotiated the declaration of covenants, easements, and restrictions regarding the other parcels in the development to address parking, access, and future development.

Multifamily Development