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Published on May 22nd, 2013 |

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Brian Leary re-emerges as part of Jim Jacoby’s team

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    One question BuckheadView is frequently asked is “What happened to Brian Leary after he left the Atlanta BeltLine?”. The high-profile Buckhead resident just seemed to fade into the sunset.

    Many of his friends felt the treatment Leary received from BeltLine and city officials was extraordinary and out of proportion to the scope of the misdeeds he was reported to have done while president of the organization. After all, he did seemingly get the stalled BeltLine on track, so to speak.

    Buckhead resident Brian Leary

    In the past week, BuckheadView heard the same rumor twice—that Leary was back working with developer Jim Jacoby. After all, Leary was Jacoby’s right-hand man in the development of Atlantic Station from the brownfield Atlantic Steel site at 17thStreet in Midtown.

    Well, thanks to the Bisnow online real estate news service, the rumor is confirmed. He is back heading up development for the Jacoby Group of Cos in Atlanta, but right now he is in Las Vegas pitching a new project.

    As Bisnow put it in its report today: “Leave it to Jacoby Group of Cos to spearhead what could be one of the nation’s most ambitious mixed-use projects post Great Recession. It’s in conjunction with the International Speedway Corp. (ISC).” That is like in the Daytona Speedway.

    During this week’s ICSC RECon convention in Las Vegas, (which is all about retail developers touting their goods), Jacoby’s Jim Jacoby and Brian Leary gave Bisnow an exclusive peek into the firm’s latest mega project—a 1.1 million-square-foot mixed-use development directly connected to the Daytona International Speedway called One Daytona.

    According to Bisnow, “The development—if the partnership can pass municipal muster and round up local incentives—will contain apartments, 500,000 square feet of retail, and two hotels.

    Over the course of years, ISC assembled 180 acres of land contiguous with the NASCAR racetrack and the firm’s 200,000-square-foot headquarters.

    Click here to hear Brian Leary describe one of the development’s three parts.

    So, BuckheadView sees that Brian Leary, one of Atlanta’s most forward-thinking development professionals, is back doing what he does best and again making his mark—deservedly so.

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