Webstar Technology Group, Inc. (OTCPK: WBSR), a leader in visionary real estate development and digital asset innovation, is pleased to announce that it has officially placed the transformative Forge Atlanta project under contract through its subsidiary entity, Forge Atlanta Asset Management, LLC, of which Webstar owns 80%.
Located at the nexus of Ted Turner Drive and Whitehall Street, overlooking Interstate 20 and adjacent to the Garnett MARTA Station, The Forge represents one of the most ambitious and strategically positioned mixed-use developments in Atlanta’s South Downtown district. This 10.014-acre site is fully entitled and zoned SPI-1 SA1, offering up to 15 million square feet of development density – the highest zoning classification available in the city.
The planned master development, designed in collaboration with Nelson Worldwide, includes:
- Residential units (mix of luxury and middle-income housing)
- Boutique and Luxury Hotel Rooms
- Entertainment Complex
- Conference Center
- Cultural Center
- Flex Space and Office Space
- Public Plaza and Greenspace
- Restaurants and Retail
- Ample Parking
Webstar’s acquisition aligns with Downtown Atlanta’s ongoing economic revitalization, which is being fueled by over $5 billion in public and private investment across infrastructure, housing, entertainment, and innovation corridors. According to Central Atlanta Progress1, more than 50 new projects are underway or in planning, signaling strong demand for quality urban developments and positioning Webstar to be a major contributor to the city’s transformation.
“The Forge is positioned to become a next-generation smart city hub—fusing lifestyle, innovation, and connectivity,” said Ricardo Haynes, CEO of Webstar Technology Group. “Our mission is to create a sustainable, high-density urban district that sets a new benchmark for placemaking in the Southeast.”
Webstar is actively pursuing a broad-based capital strategy to support the development of The Forge, including a combination of institutional financing, digital asset tokenization, and a forthcoming stock offering. The company’s goal is to expand investor access while creating long-term value through innovation and smart infrastructure.
Further announcements regarding groundbreaking timelines, tenant partnerships, and funding milestones will be shared as development progresses.
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