Nexus Buford Highway Project
13 August 2020
In honor of Ten Years in Business, LDG Consulting is highlighting twelve of our top clients from this past decade. We are delighted to announce Honoree Number Four: Macauley Investments – a firm that has redefined mixed-use development for over two decades here in Georgia.
Macauley believes in intertwining the livability of yesteryear with modern design sensibilities – two key factors that provide the foundation for developments that are resilient and capable of withstanding the test of time. They balance this philosophy with a combination of marketplace dynamics and public-private partnerships. With this in mind, Macauley seeks to create places not only to house but to nourish the individual human spirit, bring an inspirational aesthetic to everyday living, foster greater awareness of natural beauty and cultivate a deeper human connectedness.
Stephen Macauley, Principal, Macauley Investments
Alrich Lynch of LDG Consulting was introduced to Stephen Macauley by a fellow Urban Land Institute (ULI) Center for Leadership (CFL) Alum about half a decade ago. They had a good working relationship and, consequently, Stephen ended up tapping Alrich to be a part of his team when he sought the rights to redevelop Fort McPherson. Stephen and his partner along with Alrich worked together for two years on this effort.
“Stephen is a pioneer for master plan developments in southwest ATL. There weren’t a lot of planned single-family home developments in that area before and none of the big home builders would go down there. But Stephen would. That’s the kind of visionary he is,” said Alrich. The neighborhoods fell in love with the master plan concept that Macauley Investments presented as well as the quality builders he partnered with – a testament to the philosophy they hold that communities should be built to nourish the human spirit.
Macauley Investments and LDG Consulting worked on three different deals together – preliminary pro formas and mixed-use deals alike. All of these projects involved taking underutilized land (in some cases, industrial-zoned land) and turning it into walkable, urban, mixed-use development.
Nexus Buford Highway Project
Also known as Nexus BuHi, located on an abandoned strip retail complex, the concept was to utilize public-private financing to unlock the development potential of the site at a very well-traveled and highly visible site. LDG Consulting provided conceptual proforma work as well as modeling various public financing options to assist in creating a district wide parking structure that would be shared amongst the uses.
PROJECT HIGHLIGHTS
- Location: Buford Highway, Atlanta, Georgia
- Property Size: 13 acres
- Project Size: 510K sq ft
- Uses: Retail, multi-family, hotel, food hall
THE RISE PROJECT
Located in Tucker, Georgia, The Rise was designed to be situated between Hugh Howell Road and Mountain Industrial Boulevard – just a 15 minute drive from Stone Mountain and 7 minutes from lovely E. Ponce de Leon Avenue. This massive development project would have also included land for a public elementary school. LDG Consulting provided conceptual proforma work as well as modeling various public financing options, including PILOT payments and bond financing, to assist in showing the benefits to the City and County.
PROJECT HIGHLIGHTS
- Location: Tucker, Georgia
- Property Size: 88.62 acres
- Project Size: 1.284M sq ft
- Uses: Retail, office, multi-family, senior housing.
FORT MCPHERSON PROJECT
Fort McPherson (also known as Fort Mac) – a decommissioned army military base situated right next to Tyler Perry Studios in Southwest Atlanta – was designed to bring massively new mixed-use and transit-oriented life to the area, complete with everything from the arts to tech. The project sought to improve the economic condition of South Atlanta’s 40,000 residents – 79% of which are African-American. Macauley Investments was selected as the Developer for the Fort Mac project in mid-2017. LDG Consulting was a critical member of the Fort Mac Team – the Development Director.
PROJECT HIGHLIGHTS
- Location: 1788 Hardee Ave. SW, Atlanta, GA. Fort Mac is 10 minutes from downtown and the busiest airport in the world.
- Property Size: 145 acres
- Public Transit: Situated between two MARTA stations
View more info on Macauley Investments:
Stay tuned this year to find out about our eight remaining honorees!
ABOUT MACAULEY INVESTMENTS: Macauley’s mission is to create remarkable places that enrich people’s lives Its vision is to be recognized as the national leader in the development of exceptional mixed-use communities. For more than two decades, Macauley has redefined mixed-use development through an approach that intertwines the livability of yesteryear with modern design sensibilities – providing the foundation for developments that are resilient and capable of withstanding the test of time. | macauleyinvestments.com
ABOUT LDG CONSULTING: LDG Consulting is a boutique advisory and implementation firm. We advise visionary developers and owners on how best to realize their commercial real estate goals and we help them profitably execute their vision. Our diverse backgrounds provide a full-breadth of services – we not only understand the problems in the field but we also explain the impacts on the project proforma; we easily transition between the rugged project site and the corporate board room. As a result, we are as comfortable in our construction boots as we are in our corporate suits.™ | ldgconsulting.com
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