Atlanta proposes 0.32-acre Memorial Drive Greenway purchase with $1.59 million cost ceiling

Atlanta proposes buying approximately 0.32 acres at 264 Memorial Drive SE for development of the Memorial Drive Greenway. Ordinance 26-O-1551 sets a combined ceiling of $1,594,374.75 for acquisition and related site costs—not an established land-only price.

The proposal would use up to $834,374.75 from the Park Impact Fee South account and $760,000 from the Eastside Tax Allocation District. Covered costs include due diligence, closing, signage, demolition and stabilization. Draft minutes record an Oct. 5 committee referral, not purchase approval, and list Community Development/Human Services consideration Oct. 13 at 1:30 p.m.