ATLANTA--(BUSINESS WIRE)--Sep 4, 2025--
CIM Group and Centennial Yards Company today announced the grand opening of The Mitchell, the first residential tower and ground-up building completed within the $5 billion Centennial Yards mixed-use development in Downtown Atlanta.
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CIM Group and Centennial Yards Company announce the grand opening of The Mitchell, the first residential tower and ground-up building completed within the $5 billion Centennial Yards mixed-use development in Downtown Atlanta.
Located at 250 Martin Luther King Jr. Dr. SW, The Mitchell is a 19-story, 300,000-square-foot luxury apartment building bringing 304 modern residences to the heart of Centennial Yards. The Mitchell offers units ranging from studios to three-bedroom floor plans with select residences offering walk-in closets, balconies, and floor-to-ceiling windows with panoramic views.
The Mitchell exemplifies a unique blend of elevated urban living and a sophisticated downtown lifestyle. Residents have access to a robust suite of top-tier amenities, including a community pool with views of the downtown skyline, premium fitness center with barre-equipped studio, co-working space with office suites, multiple outdoor gathering areas, indoor event spaces with catering kitchen, and dedicated pet area/spa.
Approximately 16,000 square feet of ground-floor retail and restaurant space is expected to activate the street level with large outdoor patio space. Khao Thai Isan, a Thai tapas concept introduced last winter by local favorite 26 Thai, will occupy 4,730 square feet. Additional retail and dining operators will be announced in the coming months.
Located steps away from Mercedes-Benz Stadium, State Farm Arena, and in proximity to four MARTA stations, and overlooking the emerging Entertainment District at Centennial Yards, The Mitchell benefits from its proximity to a rich tapestry of community assets. Nearby attractions include the revitalized South Downtown and Underground Atlanta, the historic and arts-driven Castleberry Hill district, top-tier Georgia universities, and major tourist destinations like the Georgia Aquarium, World of Coca-Cola, and the National Center for Civil and Human Rights—all contributing to a vibrant and walkable urban experience in Downtown Atlanta.
Centennial Yards named The Mitchell to honor and reflect the historic significance of Atlanta's Mitchell Street corridor.
“Opening the Mitchell, the first residential tower at Centennial Yards, is a significant step in transforming Downtown Atlanta into a thriving neighborhood,” said Brian McGowan, President of Centennial Yards Company. “This community will bring new energy and life to downtown, offering a lifestyle that puts residents at the center of everything Atlanta has to offer.”
Centennial Yards Company hosted an intimate ribbon-cutting ceremony for The Mitchell on September 4, marking the official opening of this new development. The event celebrated the addition of The Mitchell to Centennial Yards and was attended by company representatives, city officials, and community members.
The grand opening of The Mitchell at Centennial Yards marks a major milestone in one of the largest and most ambitious city center redevelopments in the country. The 50-acre site, located where Atlanta was founded, is being transformed into a dynamic mixed-use destination encompassing several new city blocks with 8 million square feet of commercial and residential space. Plans include 4 million square feet of retail, entertainment, office, and hotel space, approximately 2,000 new residences, and interactive public gathering spaces designed to benefit both Atlantans and visitors.
The Mitchell is the second residential community at Centennial Yards, joining The Lofts at Centennial Yards South which offers 162 units located above the Georgia-based brewery Wild Leap. The 292-key Hotel Phoenix is scheduled for completion later this year. Cosm’s immersive sporting experience is planned for 2026, and a 5,300-seat Live Nation venue was announced earlier this year, with an expected opening in 2027.
Centennial Yards Company was created by CIM Group to act as the owner and master developer of Centennial Yards.
“The Mitchell residential tower is a reflection of our commitment to creating places that serve and strengthen the community,” said Shaul Kuba, Co-Founder and Principal, CIM Group. “At Centennial Yards, we are proud to help shape a neighborhood that celebrates local culture, connects people through public spaces, and supports the everyday lives of Atlantans.”
For more details, floor plans, or virtual tours, please visit www.TheMitchellATL.com.
ABOUT CIM GROUP
CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM’s diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.
ABOUT CENTENNIAL YARDS
Centennial Yards is a $5 billion transformational mixed-use development in Atlanta, the Southeast’s biggest and most influential market. As one of the largest and most ambitious city-center developments in the country, Centennial Yards is expected to revitalize 50 acres of underutilized land in the heart of Downtown Atlanta to connect surrounding communities and create several new city blocks at the junction of the rail lines where the city was founded. Once complete, Centennial Yards is expected to offer 8 million square feet of world-class new commercial and residential space comprised of 4 million square feet of dynamic retail, entertainment, modern office, and hotel, and 4 million square feet of new residential, as well as a vibrant public realm that will provide outdoor gathering spaces to all Atlantans and visitors of Centennial Yards. Centennial Yards recently announced the additions of a Live Nation music venue and Cosm to the entertainment district.
Anchored by major Downtown attractions, including Mercedes-Benz Stadium and State Farm Arena, one of the Southeast’s largest Sports Entertainment Districts will feature restaurants, bars, a live music venue and other hospitality destinations. With multiple MARTA stations linking the campus with the rest of the city, and in close proximity to the Atlanta Beltline, Centennial Yards is expected to bring increased connectivity, walkability, and 24/7 living to the heart of Atlanta. Centennial Yards Company serves as the master developer of Centennial Yards and consists of a partnership between an affiliate of CIM Group and a group led by Tony Ressler. For more information visit www.centennialyards.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250904149814/en/
CONTACT: Media Contacts:
The Koki Group PR (Centennial Yards)
Vijay Lalwani, Michelle Ayala;[email protected]
KEYWORD: UNITED STATES NORTH AMERICA GEORGIA
INDUSTRY KEYWORD: RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE URBAN PLANNING CONSTRUCTION & PROPERTY
SOURCE: CIM Group and Centennial Yards Company
Copyright Business Wire 2025.
PUB: 09/04/2025 03:05 PM/DISC: 09/04/2025 03:05 PM
http://www.businesswire.com/news/home/20250904149814/en
