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 ACQUIRED

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

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YEAR 2021

ADDITIONAL PARCELS ACQUIRED

RYSE acquires 2 additional parcels totaling 2.4 adjacent to the main property, bringing the total acreage to 5.2 acres.

RYSE RECEIVES REZONING APPROAL

RYSE receives rezoning approval from the City of Atlanta to official develop the RYSE Creative Village project.

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YEAR 2023

RYSE RECEIVES SUPPORT FROM WARNER MUSIC GROUP

RYSE secures financial support from multinational entertainment and record label conglomerate Warner Music Group to progress the RYSE Creative Village Project forward.

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YEAR 2024

RYSE BREAKS GROUND ON PHASE I CONSTRUCTION

RYSE secures financing for Phase I from Carver State Bank. A Black-Owned bank based in Savannah Georgia. RYSE Creative Village Groundbreaking

CONSTRUCTION OF PHASE I BEGANS

RYSE launches construction on Phase I.

RYSE RECEIVES SUPPORT FROM DEVELOP FULTON

RYSE secures financial support from the Development Authority of Fulton County for the RYSE Creative Village project.

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YEAR 2025

PHASE I SCHEDULED FOR COMPLETION

Phase I of RYSE Creative Village is slated for completion.

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YEAR 2026

CONSTRUCTION OF PHASE II/ AFFORDABLE HOUSING BEGINS

RYSE is scheduled to launch Phase II of construction; TRYBE House, an affordable housing complex with close to 100 units.

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YEAR 2028

PROJECT COMPLETE

The RYSE Creative Village project is scheduled for completion across all phase in 2028.

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