ATLANTA, GA — In the wake of news that one of Atlanta’s most visible homeless shelters will close its doors this fall, its purchaser, Central Atlanta Progress, and seller, the Metro Atlanta Task Force for the Homeless, now are faced with the task of finding other places for hundreds of men and women to stay.
Both organizations vow to find “other suitable facilities” for the homeless, which has been a dilemma for the city’s leaders and a thorn in the side of the city’s business leaders, who see the prominence of homelessness as a direct deterrent to business.
The facility will sell for a reported $9.7 million, according to news reports. Pressure from the city along with the rising costs of real estate in Midtown have also played a part in making the pale-colored building an anomaly.
The August 28 closure of the Peachtree-Pine site is a major development for real estate watchers as the tract is considered one of the most high-profile sites at the cusp of Midtown and downtown Atlanta. (To get notified of more local news like this, click here to sign up for the Midtown Patch. Or find your Atlanta-area town here. Or, if you have an iPhone, download the free Patch app.)
The shelter has also been tied up in a lawsuit related to unpaid bills and an impending sale that was blocked by a judge. The structure’s new owner, Central Atlanta Progress (CAP), said in a statement Friday that the business group will do what it can to transition residents of the shelter.
“The parties involved in the Peachtree-Pine Homeless Shelter lawsuit have settled their differences over various legal matters. As part of the settlement, the Peachtree-Pine property will be sold to Central Atlanta Progress. The settlement agreement also authorizes Central Atlanta Progress, working closely with The Metro Atlanta Task Force for the Homeless, to proceed with plans to place the current residents of the Peachtree-Pine shelter into other suitable facilities,” CAP said.
As part of the deal, the 100,000-square-foot property will cease operations as a homeless shelter “with the exception of the current residents awaiting transition to other facilities,” CAP said.
The Metro Atlanta Task Force for the Homeless said Friday that the sale of the property will not deter it from its mission to assist the city’s most vulnerable people: the homeless.
“The settlement to which the Task Force has agreed will provide substantial financial resources to continue our two-fold mission of providing direct homeless services and advocating for policies and programs that attack the underlying causes of homelessness,” Task Force Chairman Chuck Steffen said in a statement, according to the Atlanta Journal-Constitution. “These are the lack of affordable housing, the shortage of living-wage jobs, and the history of racism that blocks access to both housing and jobs.”
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