Sale of Trolley Barn Keeps Historic Property Open to the Public
Thursday, June 16, 2016
Invest Atlanta has closed on the $650,000 sale of the historic Inman Park Trolley Barn to the Atlanta and Edgewood Street Railway Company (AESRC). As a result of the sale, AESRC no longer will pay monthly rent but will continue operating, maintaining and preserving the property as a public events venue that can be rented by members of the general public. The sale proceeds will go to the City of Atlanta’s general reserves.
The Trolley Barn opened in 1889 as the service and housing facility for Atlanta’s first electric streetcar, which ran from downtown Atlanta to Atlanta’s first suburb, Inman Park. In 1979, AESRC partnered with the City of Atlanta to restore the building and has leased and maintained it since 1980.
Local residents and community groups, including the Inman Park Neighborhood Association, worked closely with the City and the district’s councilman, Kwanza Hall, in advocating for a buyer that would preserve the historic character of the property and keep it available as an affordable resource to the community. Hall introduced the legislation that authorized the option agreement that allowed Invest Atlanta to expedite the sale to AESRC.Tweet