ATLANTA — MARTA recently release a Request For Qualifications (RFQ) to identify a master development partner to help create a new Transit-Oriented Development at the King Memorial rail station in Downtown Atlanta.
The RFQ is the initial phase of a two-step process wherein potential development partners will be asked to respond to MARTA’s qualification criteria for its TOD program. A short list of firms who satisfy the criteria will subsequently be invited to submit formal bids on the project as part of a future Request for Proposals (RFP).
MARTA selected King Memorial Station as the first of five transit-oriented developments that it plans to launch within the next two years. MARTA is focusing on TODs as part of a long-term strategy to transform the agency by generating new revenues, building economically vibrant communities adjacent to its rail stations and fostering additional transit ridership.
MARTA’s new TOD initiative was unveiled on March 7.