Project 107
F.A.Q.
Quick answers to some frequently asked questions
What is Project 107?
Project 107 is a phased redevelopment effort focused on underused and vacant properties along the Glenwood Road corridor. Phase One is about planning, feasibility, and small visible improvements, not large-scale construction.
Why is it called Project 107?
The project is named after MARTA Route 107, which runs through the corridor. The name reflects a place-based approach and a focus on this specific community.
Is this project going to push people out?
Phase One does not involve demolition of occupied housing or forced relocation. The project starts with vacant and underused properties. Any future phases will be addressed publicly and deliberately if they occur.
Are rents going to go up because of this?
Project 107 cannot control market-wide rent trends. What we can control is how we plan, how we phase redevelopment, and how we communicate early so there are no surprises.
Why should we trust this project?
Trust is built through actions, not promises. Phase One focuses on visible improvements, clear limits, and written commitments before any major development or investment takes place.
Will local residents and businesses get opportunities?
Local residents and businesses will receive early notice and access to job, vendor, and leasing opportunities. This is access, not guaranteed outcomes, and all opportunities must meet standard requirements.
Is the community making decisions for the project?
Community input is structured and documented, but final development decisions are made by the development entity. This clarity protects everyone involved.
- Is this a for-profit or nonprofit project?
Project 107 uses a hybrid structure. Development and property ownership are for-profit. Community engagement and programs are handled through a separate nonprofit entity. Each has a clear role.
- How does community engagement affect returns?
Community engagement is structured and documented so it does not interfere with underwriting or decision authority. It reduces entitlement risk, delays, and long-term operational friction.
- Are there guarantees tied to community commitments?
No. Community access policies do not guarantee leases, jobs, or contracts. They define process, not outcomes.
- When does the project become revenue-generating?
Revenue occurs only after land is acquired, development is completed, and properties are leased or sold. Phase One is about feasibility and risk reduction, not income.
- Who controls the project?
The Project Sponsor and Managing Member controls development decisions. Investors participate through defined agreements without management authority unless otherwise documented.
- Is this project aligned with local planning goals?
Project 107 evaluates zoning, future land use plans, and infrastructure capacity before advancing. No rezoning or construction occurs without appropriate review.
- How is community input documented?
Community engagement is structured through listening sessions, advisory input, and written summaries. Feedback is documented and reviewed before major decisions are finalized.
- Are public funds being used?
Phase One is privately funded. Public funding, if pursued later, would be project-specific and disclosed.
- How do you prevent private benefit from nonprofit involvement?
The nonprofit does not own land, does not fund development, and does not guarantee outcomes. All inter-entity coordination occurs through written agreements at market-based terms.
- Is this just gentrification under a new name?
Project 107 begins with vacant and underused properties and focuses on phased planning before development. The project does not claim to solve all displacement pressures, but it does commit to transparency and early engagement.
- Are you profiting from community struggles?
Development requires financial viability. Project 107 separates profit-making activities from community engagement and documents both clearly so motives and outcomes are visible.
- Why isn’t this community-owned?
Community ownership models require significant capital, governance, and risk-sharing structures. Project 107 focuses first on feasibility and stabilization before considering long-term ownership models.
- What happens if this project fails?
If Phase One shows the project is not feasible, it does not advance. The phased structure exists to prevent overbuilding, overpromising, or community harm.
- Who holds you accountable?
Project accountability exists through:
- Written operating agreements
- Documented policies
- Investor oversight
- Regulatory review
- Public transparency