Atlanta Housing (AH) has issued a Request for Proposals (RFP) for the redevelopment of the landmark 450 Hank Aaron Drive property, inviting developers to reimagine this historic property as a high-quality, mixed-income community with affordable housing, community-centric retail, and open spaces. Built in 1973 and commonly known as Stadium Hotel, the former Ramada Plaza has been a fixture of Atlanta’s skyline, serving generations of visitors attending Braves games and other downtown events. Now vacant, the site is primed for transformation into an inclusive community that honors the neighborhood’s legacy while being a key part of its renewed momentum.“Together with our developer partners, we will breathe new life into an empty commercial property, transforming it into a place to call home and one of opportunity,” said Terri Lee, President and CEO of Atlanta Housing. “This project offers developers a chance to create a vibrant, welcoming residence for over 250 seniors and families—a place where people of all backgrounds and generations can connect and thrive.”The redevelopment will strengthen the ongoing economic and community growth in Summerhill by attracting new residents, businesses, and investment to the area. Located near key Atlanta attractions, such as the Georgia State University athletic campus, Center Parc Stadium, and the bustling Georgia Avenue corridor, the project will play a critical role in Atlanta Housing’s mission to expand access to affordable, quality homes in the city’s center, bolstering a growing, blended community. Project Highlights:Adaptive Reuse and New Construction: The project is an adaptive reuse of the 15-story tower, creating approximately 250 age-restricted, affordable rental units for residents 55 and older. Ground-floor commercial spaces will also be designed to support local businesses and enhance neighborhood connectivity​. High-Quality, Community-Oriented Design: Emphasizing sustainable building practices, the development will incorporate resident-friendly amenities and access to transit, creating a welcoming space that reflects Summerhill’s historic charm and energetic atmosphere. The selected development partner will work closely with local stakeholders and neighborhood associations to ensure the project aligns with community priorities​. Public-Private Partnership Model: Leveraging a robust public-private partnership approach, Atlanta Housing will collaborate with the selected developer to maximize resources and prioritize sustainable construction. This partnership is designed to balance affordability with high-quality standards, delivering a transformative development that enhances both the local economy and community life.Anticipated Timeline:Execution of Master Development Agreement (MDA): Within 75 days of developer selection Initial Financial Closing: 12 months post-MDA execution Project Completion: Full occupancy and site work expected within five yearsAtlanta Housing is actively seeking developers who are passionate about making a meaningful impact through mixed-use and mixed-income housing. Interested developers can view the full RFP and submission requirements HERE.The post Atlanta Housing Seeks Development Partner to Transform Historic Stadium Hotel appeared first on The Atlanta Voice.