Under Construction

Centennial Yards

Centennial Yards is a $5 billion, 50-acre urban district taking shape on the Gulch, the sunken web of rail lines and parking decks that separated downtown Atlanta from Castleberry Hill for generations.

Official Website
TMW IntelligenceVerified Oct 13, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
11.17.22
Start
2031
Completion
2000
Units
Scroll for details
Details

250 Martin Luther King Jr Drive SW, Atlanta. 2000 residences. Broke ground November 2022, completing 2031.

The story so far
Announced 2022 est.
Broke ground Nov 17, 2022Centennial Yards Company broke ground Nov 17, 2022 on the district's first two towers (a hotel and an apartment building) per Rough Draft Atlanta and Urbanize Atlanta
roughdraftatlanta.com
Entertainment District takes shape 2026The Mitchell apartments and Hotel Phoenix open and a third tower tops out as the 8-acre, ~470,000 sq ft Entertainment District races the 2026 World Cup
atlanta.urbanize.city
Tenant announced Apr 22, 2026Virgin Hotels selected to anchor the Centennial Yards Entertainment District with a 261-room Virgin Hotels Atlanta slated for 2027, per AJC, Atlanta News First and Urbanize Atlanta
ajc.com
Cosm Atlanta opens Jun 10, 2026the 70,000 sq ft immersive dome venue opened June 10, 2026 as the first major attraction in the Centennial Yards Entertainment District, ahead of the World Cup
atlantanewsfirst.com
Next tower planned Jul 2026a 12-story building with about 280 apartments including affordable units, 62,000 sq ft of retail and a 509-space garage, with groundbreaking tentatively early 2027
ajc.com
Under construction
Expected opening 2031
See the full story with Pro6 more dated, sourced milestones on this project, from announcement to opening.
Start free trial
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW Intelligence

The outlook for Centennial Yards

Timing, similar projects and market pressure, read from every development in our database.

The Atlanta market 29 · Balanced supplyDowntown 5-project pipeline · 4,751 residences and keys · peak Late ’28 Explore the market →
Pro tools
Compare projectsSide by side with any projectAnalyze the marketSupply, pricing and timing
About the project

Centennial Yards is a $5 billion, 50-acre urban district taking shape on the Gulch, the sunken web of rail lines and parking decks that separated downtown Atlanta from Castleberry Hill for generations. Led by CIM Group through the Centennial Yards Company, the master plan knits the site back into the street grid with up to 12 million square feet of residential, hotel, office, retail and entertainment space built out in phases. Its centerpiece is a roughly 470,000-square-foot entertainment district assembling restaurants, bars and live venues around a new pedestrian spine, with Cosm's immersive shared-reality venue and a roster of Atlanta food names anchoring the ground floors. Loft-style apartment buildings, a boutique hotel and reworked historic viaducts sit alongside new public plazas and the pedestrianized Steele Bridge, and the district's position between Mercedes-Benz Stadium, State Farm Arena and Centennial Olympic Park makes it the connective tissue of downtown's sports and convention core.

Common questions

Frequently asked

Where is Centennial Yards located?

Centennial Yards is located in Atlanta.

When will Centennial Yards be completed?

Centennial Yards is under construction, with completion expected in 2031.

Who is developing Centennial Yards?

CIM Group, Centennial Yards Company is the developer behind Centennial Yards.

Who designed Centennial Yards?

Centennial Yards was designed by Foster + Partners & More.

How big is Centennial Yards?

Centennial Yards features 2000 residences.