Is TD Jakes moving to Atlanta?

Bishop T.D Jakes is making a historic move in the fight for affordable housing in southwest Atlanta. The mega church pastor, author and philanthropist has won approval to purchase 94.5 acres of the shuttered Fort McPherson Army Base, with the goal of turning it into a sustainable mixed-use community development.

How much was Fort McPherson sold for?

The McPherson Planning Local Redevelopment Authority (MPLRA) is the entity authorized by the Department of Defense to develop a plan for what will become of Fort McPherson. It is a multijurisdictional body representing surrounding communities impacted by the base closure. It bought the land for about $30 million.

How much of Fort McPherson did Tyler Perry buy?

ATLANTA — Tyler Perry and megachurch leader Bishop T.D. Jakes got the approval to purchase a total of 132 acres at Fort McPherson. Perry will acquire 37 acres adjacent to Tyler Perry Studios, adding to the more than 330 acres he purchased in 2015. While T.D. Jakes Real Estate Ventures group is buying 94 acres.

Did Tyler Perry buy a military base?

A Fort Mac spokesperson said there will be plenty of employment opportunities for job seekers. In 2015, Tyler Perry bought more than 330 acres on the former army base. The purchase made Tyler Perry Studios one of the largest movie production facilities in the country. “Today is a good day.

Where is Fort McPherson going to be rebuilt?

This is all just the second phase of the Fort McPherson revival, which started with Perry’s purchase of some 330 acres of the old base. Perry plans to soon build the 12th and final soundstage—with the only water tank for filming in the Southeast—on his land.

How much does it cost to live in Fort McPherson?

Hooker’s team is also aiming to make 40 percent of the units workforce housing priced at between 60 and 120 percent of the area median income—regular people, he said. Today, Fort McPherson can seem restrictive, considering the property is walled off with unsightly fencing.

Why is there a wall around Fort McPherson?

Today, Fort McPherson can seem restrictive, considering the property is walled off with unsightly fencing. “Our mission is to redevelop this property so that it uplifts the surrounding community, and in order to do that we need to get rid of the wall,” Hooker said.

How does the Atlanta Public Schools deal with Fort McPherson?

The way the agreement is structured extends the Atlanta Public Schools system into the Campbellton Road Tax Allocation District, which, according to developers of Fort McPherson, paves the way for the former military base’s overhaul to secure financing.