Project Plan

YEAR 2004

ARKWRIGHT ELEMENTARY PERMANENTLY CLOSED

Preston Arkwright Elementary is permanently closed due to declining enrollment. Students are redistricted to neighboring elementary schools.

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YEAR 2017

APS DEEDS TRANSFERRED

Shortly after Mayor Keisha Lance Bottoms takes office, she releases the property deeds from the City of Atlanta to Atlanta Public Schools (APS), ended multi-year dispute with the previous administration.

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YEAR 2018

POTENTIAL LOCATION FOR RCV

After an extensive search, the Arkwright Elementary School property is identified as a potential location for RYSE Creative Village’s first location.

LETTER OF INTENT ISSUED TO APS

RYSE begins the purchase process on the former Arkwright property, issuing a Letter of Intent to APS.

RYSE RECEIVES NPU SUPPORT

After months of meeting with community residents, RYSE leadership receives a unanimous vote from NPU-S in support of the RYSE Creative Village project, issuing a Letter of Support to APS.

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YEAR 2019

BOARD OF EDUCATION VOTE

The Board of Education vote to approve APS entering into contract with RYSE for the potential sale of the Arkwright property.

PURCHASE AND SALE AGREEMENT EXECUTED

RYSE and APS officially enter into contract. The due diligence process begins.

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YEAR 2020

PROPERTY AQUIRED

RYSE (RYSE Media House Holdings, LLC) officially closes on the Arkwright property and begins pre-development.

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YEAR 2021

GROUND BREAKING

Phase I construction scheduled to begin.

PHASE I CONSTRUCTION COMPLETE

Phase I of RYSE Creative Village scheduled to open in Summer 2021.

PHASE II CONSTRUCTION BEGINS

Phase II construction begins on the co-living affordable housing in Fall 2021.

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YEAR 2022

PROJECT COMPLETE

Phase II Co-living housing of RYSE Creative Village is completed in Spring of 2022. Units opened for tenants to move in.

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