Webstar Technology Group Places "The Forge" Project Under Contract in Downtown Atlanta
Webstar Technology Group (OTCPK: WBSR) has announced placing The Forge Atlanta project under contract through its subsidiary Forge Atlanta Asset Management, LLC, in which Webstar holds an 80% ownership stake. The development site spans 10.014 acres in Atlanta's South Downtown district, featuring the city's highest zoning classification with up to 15 million square feet of development density.
Located at Ted Turner Drive and Whitehall Street, the master-planned development will include residential units, hotel rooms, an entertainment complex, conference center, cultural center, office space, public areas, retail, and parking facilities. The project is part of Downtown Atlanta's revitalization efforts, which include over $5 billion in public and private investment.
The company plans to finance the development through institutional financing, digital asset tokenization, and a forthcoming stock offering. The project aims to create a sustainable, high-density urban district focused on smart city innovation.
Webstar Technology Group (OTCPK: WBSR) ha annunciato la firma del contratto per il progetto The Forge Atlanta tramite la sua controllata Forge Atlanta Asset Management, LLC, nella quale Webstar detiene una quota di propriet脿 dell'80%. Il sito di sviluppo si estende su 10,014 acri nel quartiere South Downtown di Atlanta, caratterizzato dalla pi霉 alta classificazione urbanistica della citt脿, con una densit脿 di sviluppo fino a 15 milioni di piedi quadrati.
Situato all'incrocio tra Ted Turner Drive e Whitehall Street, il progetto master-planned includer脿 unit脿 residenziali, camere d'hotel, un complesso di intrattenimento, un centro congressi, un centro culturale, spazi per uffici, aree pubbliche, negozi e parcheggi. Il progetto fa parte degli sforzi di rivitalizzazione del centro di Atlanta, che prevedono investimenti pubblici e privati per oltre 5 miliardi di dollari.
L'azienda prevede di finanziare lo sviluppo tramite finanziamenti istituzionali, tokenizzazione di asset digitali e una prossima offerta azionaria. L'obiettivo 猫 creare un quartiere urbano sostenibile e ad alta densit脿, focalizzato sull'innovazione delle smart city.
Webstar Technology Group (OTCPK: WBSR) ha anunciado la firma del contrato para el proyecto The Forge Atlanta a trav茅s de su subsidiaria Forge Atlanta Asset Management, LLC, en la que Webstar posee una participaci贸n del 80%. El sitio de desarrollo abarca 10.014 acres en el distrito South Downtown de Atlanta, con la clasificaci贸n de zonificaci贸n m谩s alta de la ciudad y una densidad de desarrollo de hasta 15 millones de pies cuadrados.
Ubicado en Ted Turner Drive y Whitehall Street, el desarrollo planificado incluir谩 unidades residenciales, habitaciones de hotel, un complejo de entretenimiento, un centro de conferencias, un centro cultural, oficinas, 谩reas p煤blicas, comercios y estacionamientos. El proyecto forma parte de los esfuerzos de revitalizaci贸n del centro de Atlanta, que incluyen m谩s de 5 mil millones de d贸lares en inversiones p煤blicas y privadas.
La compa帽铆a planea financiar el desarrollo mediante financiamiento institucional, tokenizaci贸n de activos digitales y una pr贸xima oferta p煤blica de acciones. El objetivo es crear un distrito urbano sostenible y de alta densidad enfocado en la innovaci贸n de ciudades inteligentes.
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Webstar Technology Group (OTCPK : WBSR) a annonc茅 la signature d'un contrat pour le projet The Forge Atlanta via sa filiale Forge Atlanta Asset Management, LLC, dans laquelle Webstar d茅tient une participation de 80%. Le site de d茅veloppement s'茅tend sur 10,014 acres dans le quartier South Downtown d'Atlanta, b茅n茅ficiant de la classification de zonage la plus 茅lev茅e de la ville avec une densit茅 de d茅veloppement pouvant atteindre 15 millions de pieds carr茅s.
Situ茅 脿 l'intersection de Ted Turner Drive et Whitehall Street, ce d茅veloppement planifi茅 comprendra des unit茅s r茅sidentielles, des chambres d'h么tel, un complexe de divertissement, un centre de conf茅rence, un centre culturel, des bureaux, des espaces publics, des commerces et des parkings. Ce projet fait partie des efforts de revitalisation du centre-ville d'Atlanta, qui incluent plus de 5 milliards de dollars d'investissements publics et priv茅s.
L'entreprise pr茅voit de financer le d茅veloppement par des financements institutionnels, la tokenisation d'actifs num茅riques et une prochaine offre d'actions. Le projet vise 脿 cr茅er un quartier urbain durable et 脿 haute densit茅, ax茅 sur l'innovation des villes intelligentes.
Webstar Technology Group (OTCPK: WBSR) hat bekannt gegeben, dass das The Forge Atlanta Projekt 眉ber seine Tochtergesellschaft Forge Atlanta Asset Management, LLC, an der Webstar eine 80%ige Eigentumsbeteiligung h盲lt, unter Vertrag genommen wurde. Das Entwicklungsgrundst眉ck erstreckt sich 眉ber 10,014 Acres im South Downtown Bezirk von Atlanta und verf眉gt 眉ber die h枚chste st盲dtebauliche Zonierung der Stadt mit einer Entwicklungskapazit盲t von bis zu 15 Millionen Quadratfu脽.
Das an der Kreuzung von Ted Turner Drive und Whitehall Street gelegene Masterplan-Projekt umfasst Wohneinheiten, Hotelzimmer, ein Unterhaltungszentrum, ein Konferenzzentrum, ein Kulturzentrum, B眉rofl盲chen, 枚ffentliche Bereiche, Einzelhandel und Parkm枚glichkeiten. Das Projekt ist Teil der Revitalisierungsbem眉hungen der Innenstadt von Atlanta, die 眉ber 5 Milliarden US-Dollar an 枚ffentlichen und privaten Investitionen umfassen.
Das Unternehmen plant, die Entwicklung durch institutionelle Finanzierung, Tokenisierung digitaler Verm枚genswerte und ein bevorstehendes Aktienangebot zu finanzieren. Ziel ist es, einen nachhaltigen, hochverdichteten urbanen Bezirk mit Fokus auf Smart-City-Innovation zu schaffen.
- Strategic location near Interstate 20 and Garnett MARTA Station in Downtown Atlanta
- Substantial development potential with 15 million square feet of entitled density
- Part of a broader $5 billion investment zone with over 50 new projects planned
- Diversified funding strategy including institutional financing and digital asset tokenization
- 80% ownership stake in the development subsidiary provides significant control
- Potential dilution from planned stock offering
- Significant capital requirements for project development
- Development timeline and groundbreaking dates not yet determined
Located at the nexus of Ted Turner Drive and Whitehall Street, overlooking Interstate 20 and adjacent to the Garnett MARTA Station, The Forge represents one of the most ambitious and strategically positioned mixed-use developments in
The planned master development, designed in collaboration with Nelson Worldwide, includes:
- Residential units (mix of luxury and middle-income housing)
- Boutique and Luxury Hotel Rooms
- Entertainment Complex
- Conference Center
- Cultural Center
- Flex Space and Office Space
- Public Plaza and Greenspace
- Restaurants and Retail
- Ample Parking
Webstar's acquisition aligns with
"The Forge is positioned to become a next-generation smart city hub鈥攆using lifestyle, innovation, and connectivity," said Ricardo Haynes, CEO of Webstar Technology Group. "Our mission is to create a sustainable, high-density urban district that sets a new benchmark for placemaking in the Southeast."
Webstar is actively pursuing a broad-based capital strategy to support the development of The Forge, including a combination of institutional financing, digital asset tokenization, and a forthcoming stock offering. The company's goal is to expand investor access while creating long-term value through innovation and smart infrastructure.
Further announcements regarding groundbreaking timelines, tenant partnerships, and funding milestones will be shared as development progresses.
About Webstar Technology Group
Webstar Technology Group is an innovative real estate development firm dedicated to transforming urban and resort landscapes through smart design, community focus, and cutting-edge technology. The Company is actively engaged in pioneering the tokenization of real estate assets to create inclusive investment opportunities while delivering high-quality, environmentally responsible developments.
Investor Contact:
Webstar Technology Group
P: (404) 994-7819
E: [email protected]
Media Contact:
Donald R. Keer, P.E., Esq.
Corporate Counsel
P: (254) 704-2675
Forward Looking Statements Disclaimer:听 This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.听 Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Webstar Technology Group Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.听 Such forward-looking statements include the words "vision," "seek", "grow", "plan" and other expressions of a forward-looking nature.听 More information about the potential factors that could affect the business and financial results is and will be included in Webstar Technology Group Inc.'s filings with the OTC Markets, Securities and Exchange Commission and/or posted on the company's website.
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