The Atlanta City Council has approved an amendment to Ordinance 24-O-1251, originally adopted on October 7, 2024, granting a special use permit to allow the transfer of 215,858 square feet of residential floor area from 875 West Peachtree Street NW (Sending Property) to 155 7th Street NW (Receiving Property). This amendment clarifies the square footage and the receiving property involved in the transfer. The transfer was reviewed and approved by the Neighborhood Planning Unit (NPU E) and the Zoning Review Board (ZRB). This decision aligns the legislation with the proposal as advertised and noticed under state law, ensuring proper documentation of development rights severance and transfer.
This decision facilitates the redistribution of residential floor area in Atlanta's urban core, allowing for better utilization of development rights. It supports strategic growth and densification in designated areas while ensuring regulatory clarity.