Atlanta — Centennial Yards Co., a development entity owned by CIM Group, has unveiled plans for a new entertainment district that will comprise the next phase of its $5 billion Centennial Yards mixed-use destination in downtown Atlanta. Spanning eight acres adjacent to Mercedes-Benz Stadium and State Farm Arena, the mixed-use entertainment will span 480,000 square feet across four buildings, in addition to a fan gathering area that the developer says will be heavily utilized during the games held in Atlanta during the 2026 FIFA World Cup.
Designed by Gensler, the new phase will include a three-story, 70,000-square-foot building housing an unspecified “eatertainment” concept; a four-story, 160,000-square-foot building hosting a single-tenant entertainment venue; a two-story, 50,000-square-foot building with restaurants and shops; and a 14-story, 233-room hotel.
Upon full build-out, Centennial Yards will total 8 million square feet. Centennial Yards Co. plans to deliver two-thirds of the overall development by summer 2026.