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EXECUTIVE SUMMARY

A DEVELOPMENT BY RENAISSANCE ON THE RIVER


B D E C

E A


The River Park Macon Project will be a mixed-use development with a potential fair market value in excess of $90,000,000 consisting of

E

CONCEPTUAL MASTER PLAN

A

Class A medical building with a cumulative area in excess of 120,000 square feet;

b

Multiple Class A medical/oďŹƒce building with a cumulative area in excess of 120,000 square feet;

c

A boutique hotel (61 to 100 keys);

d

A luxurious condominium tower (two- and three-bedroom layouts); and

E

A condo/apartment complex (150 to 200 doors) with secured parking and retail shops on the ground level.

The oďŹƒce buildings, the hotel, the condominium complex, and the apartment complex will be purpose built and built to suit. In addition, a portion of the funds generated by taxes levied within a tax allocation district will be used to construct a multi-story parking deck with capacity designed to meet or exceed even the most demanding of enterprises.


the ocmulgee river

10-acre

project site

The is situated in the Central Business District of Macon, Georgia (Downtown Macon). The site lies within 500 feet of one of the city’s most heavily traveled intersections—Spring Street and Riverside Drive— and enjoys excellent access to Interstates 16 and 75. Adjacent properties are developed and include professional and private business offices, restaurant chains, convenience and gasoline stations, and a handsomely landscaped green space known as Rotary Park. The Ocmulgee River flows along the northeastern border of the site. Macon has abundant and high quality water resources, and in 2012 the Macon Water Authority was one of only four systems in the United States to receive the Gold Award for “Exceptional Utility Performance” from the Association of Metropolitan Water Agencies.

the river park macon • executive summary

All images, photographs, floor plans, amenities, etc. are for illustration purposes only and do not necessary represent final designs.


In December 2010, the Macon City Council and the Mayor approved the creation of the Renaissance on the River Tax Allocation District (TAD) covering the project site. It is expected that bonds will be issued by the Consolidated Government of the City of Macon and Bibb County (Macon-Bibb County)

secured by taxes levied within the TAD. A portion of the bond proceeds will be used to ďŹ nance public infrastructure improvements on the site, including roads and water, wastewater, storm water, and parking facilities, all suďŹƒcient to support the proposed mixed-use development.

OFFICE BUILDING


the City of Macon is situated in the center of the State of Georgia 85 miles south of Atlanta and serves as the intersection of two major interstate highways connecting Middle Georgia to Coastal Georgia and the ports of Savannah and Brunswick. After voters approved the consolidation of the City of Macon and Bibb County in 2012, Macon-Bibb County became Georgia’s fourth largest municipality, with a population of more than 155,000 based on 2010 U.S. Census Bureau figures. Macon’s economy benefits from large employers such as the Medical Center of Central Georgia (MCCG), Mercer University, GEICO’s largest regional office, a Boeing Company assembly plant, and a YKK Corporation manufacturing center.

HOTEL / RESIDENTIAL BUILDING

the river park macon • executive summary


Macon is home to three, four-year, post-secondary institutions—Mercer University, Middle Georgia State College, and Wesleyan College. In addition, Central Georgia Technical College is located in Macon and according to 2012 figures, boasts Georgia’s fifth largest enrollment in technical colleges. Macon also enjoys a comprehensive system of public and private primary and secondary schools. Macon supports two major hospital systems: the Medical Center of Central Georgia (MCCG) and Coliseum Health System. MCCG houses more than 630 beds and is the only designated Level 1 Trauma Center in Middle Georgia. MCCG also serves as the primary teaching hospital for the Mercer University School of Medicine. Coliseum is a three-hospital system with more than 350 beds. Both hospital systems are located within one mile of the River Park project site.

According to the U.S. Census Bureau, estimates for population within a 20-mile radius of Downtown Macon are over 322,000 for 2010 and over 333,000 for 2015. Estimates for population within a 40-mile radius of Downtown Macon are over 563,000 for 2010 and nearly 582,000 for 2015.

40-mile radius

563,000 residents (est. 582,000 by 2015)

20-mile radius

322,000 residents

(est. 333,000 by 2015)

PROJECT SITE 3-mile radius

44,000 residents (est. 55,000 by 2015)

Demographics within a three-mile radius of the project site include approximately 3,000 businesses, 15,000 employees, and a residential population of nearly 44,000. macon-bibb county:

155,000 residents

(U.S. CENSUS BUREAU)

the river park macon • executive summary


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central business district

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is the area bounded on the northwest by College Street, on the Northeast by Riverside Drive, on the southeast by Fifth Street, and on the southwest by Oglethorpe Street. The U.S. Census Bureau identifies Census Tract 107 as the Central Business District. This area is bounded on the northwest by New Street and Highway 41, on the northeast by Riverside Drive, on the southeast by Fifth Street, and on the southwest by Pine Street. This much smaller geographic area is where existing retail shops, restaurants, offices, loft apartments and condominiums, banking institutions, courts, and government offices are situated.

ET

Downtown Macon

The River Park Executive Summary  
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