Mixed-Use

Underground Atlanta (Atlanta, GA)

Underground Atlanta (Atlanta, GA) is a 229,078 SF Mixed-Use at 50 Upper Alabama St, Atlanta, GA, USA, with 2 tenants including RAINBOW and Ascend Hotel Collection. In the last 24 months it recorded 1 opening and 1 closing. The 10-minute drive-time population is 100,313 with a median household income of $67,330, according to Brandmarch.

Open-air·2 stores across 229,078 SF·50 Upper Alabama St, Atlanta, GA, USA·Website

Recent Activity in Last 24 months

Dates shown here are when each event was detected. Actual event may have occurred up to 30 days earlier. Next digest sends Sunday.

Opened
Ascend Hotel Collection54 Peachtree Street SW · The Connally Downtown An
Opened Q3/4 2024
Closed
Boost Mobile69 Peachtree St. SW · Retailer
Closed ~Dec 2024
Showing 1-2 of 2 activities
Locations · Growth Trajectory

No change since Q4 2024

Steady tenants · 1 opens, 1 closes

About Underground Atlanta (Atlanta, GA)

Underground Atlanta is a mixed-use complex located at 50 Upper Alabama Street in downtown Atlanta, Georgia, originally opened as an entertainment district in 1969 and later redeveloped as a shopping mall in 1989. Currently undergoing redevelopment by Lalani Ventures, it operates as a cultural and entertainment hub with nightlife, local art partnerships, and unique retail offerings.

Demographics

Property Report

A ready-to-share PDF covering the market and similar centers nearby, trade area demographics and segments, key tenants and brand mix, recent openings and closings with nearby activity, and leasing contacts. Add a comparison to include a page against a brand or another property.

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News

Tenant Mix by Category

2 brands across 2 categories

Clothing - Family/Unisex
1 (50%)
Hotels
1 (50%)

All Tenants

RAINBOW
RAINBOW
Clothing - Family/UnisexN/A
As
Ascend Hotel Collection
HotelsMar 2025
Showing 1-2 of 2 tenants