The Kroger Co. announced today that it has closed a transaction that will yield a new Kroger store as part of a $190 million mixed-use development with access to the Atlanta BeltLine multi-use trail, with legal representation by Ballard Spahr LLP.

Ballard Spahr real estate attorneys represented Kroger, one of the world's largest grocery retailers, in all legal aspects of the transaction with New City LLC, developer of the Atlanta mixed-use project, which will include a new, 60,000-square-foot Kroger store topped by a 12-story office building with 360,000 square feet of Class-A loft office space. The development on Ponce de Leon Avenue, known as 725 Ponce, sits adjacent to the BeltLine, a planned, 22-mile loop that links Atlanta neighborhoods with a network of public parks, eateries, housing, and mixed-use projects.

The new Kroger store will have a dedicated entrance to the BeltLine, a former railway corridor that forms the centerpiece of a revitalization and economic development effort through which people live, work, shop, and enjoy recreation with the trail as the primary means of transportation. The new store will include an expanded assortment of natural foods and organic products, extensive prepared foods, "Click List" online grocery ordering, and other amenities to offer an array of choices and convenience for customers.

Under the transaction that closed today, an existing Kroger store at the location has closed and will be demolished, to be replaced by the new, updated store, expected to open in early 2019. The Ballard Spahr team that represented Kroger was led by Tracy S. Plott in the firm's Atlanta office and included Roger D. Winston and Timothy P. Martin in Ballard Spahr's Washington, D.C., office, as well as Ashley E. DeLuca in the Philadelphia office.

The new development, which will also include 900 underground parking spaces, will be the largest new Beltline office component to date, building on the momentum of other recent improvements in the area, with the BeltLine as catalyst. It will be located near Ponce City Market, which transformed a historic Sears, Roebuck & Co. warehouse into a vibrant community hub that includes high-tech businesses, retail shops, restaurants, apartments, and offices, and also near Historic Fourth Ward Park, a recently redeveloped, 17-acre public space with a large pond and decorative fountain as well as recreational facilities including a skateboard park and amphitheater.