business
Belvedere Plaza developer awarded $3 million grant
By Dan Whisenhunt at Atlanta News First (WANF CBS) - News
· June 24, 2026
· 2 min read
ATLANTA, Ga. (Decaturish) — A developer that owns a shopping center in DeKalb County has been approved for a $3 million grant for improvements following the departure of an anchor tenant.The developer, Hutton, acquired the Belvedere Plaza property at 3479 Memorial Drive a few years ago. It was an...
Key takeaway (Decaturish) — A developer that owns a shopping center in DeKalb County has been approved for a $3 million grant for improvements following the departure of an anchor tenant.
Why this matters in The Atlanta
The $3 million grant awarded to Hutton for the redevelopment of Belvedere Plaza has significant implications for the local community. With the departure of Kroger, the shopping center was left with a substantial vacancy, affecting not only the local economy but also the daily lives of residents who relied on the grocery store. The condition that the grant will be reduced by $600,000 if another grocery store is not secured underscores the importance of restoring this essential service to the community. The creation of 350 jobs, including 100 permanent positions, will also have a positive impact on the local workforce. As the project moves forward, it will be crucial to monitor the types of businesses that occupy the newly repurposed spaces and how they will serve the needs of the surrounding neighborhood. The success of this redevelopment effort will depend on its ability to revitalize the shopping center and provide benefits to the community.
About this story
Original reporting by Atlanta News First (WANF CBS) - News . The Atlanta surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: business ·
Published: June 24, 2026 ·
Source: Atlanta News First (WANF CBS) - News ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? ATLANTA, Ga. (Decaturish) — A developer that owns a shopping center in DeKalb County has been approved for a $3 million grant for improvements following the departure of an anchor tenant.The developer, Hutton, acquired the Belvedere Plaza property at 3479 Memorial Drive a few years ago. It was an...
When was this published? This article was first published on June 24, 2026 by Atlanta News First (WANF CBS) - News and curated for The Atlanta readers.
Who reported this story? This story was reported by Dan Whisenhunt at Atlanta News First (WANF CBS) - News. To learn more about how The Atlanta selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Atlanta, or browse our daily briefing and topic hubs .
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