Baye tells that the company is not targeting anyparticular geographic areas within Atlanta, but likes projectinside the perimeter. "Given the traffic in Atlanta, there's been atremendous growth in Midtown and Buckhead and other infill areas,"he says. "Ram is focusing more on those areas than the moresuburban locations."


The company recently acquired 17.4 acres in the Lindbergh areaof Atlanta with plans to redevelop the former Home Depot Expo siteand current PGA Superstore site by building mid-rise, loft-styleapartments. The project is located near a Marta station, so it isplanned to be a transit-oriented development. Construction of theproject is expected to begin in the summer.


The company also recently acquired 6.6 acres in Snellville, GAwith plans to redevelop the former Home Depot Landscape Supplysite, along with another 4.5-acre site on Scenic Highway, into aretail center. Baye says Ram anticipates breaking ground on theproject within the next nine to 12 months. "Atlanta is a great areathat continues to have strong growth," he says. "It is particularlypopular with the 25 to 34 age demographic which will keep growthstrong in the future."


Ram's development plans come on the heels of its acquisition of11 Home Depotspinoffs in Atlanta and Dallas for $22 million, reported in February.

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