Woodstock Downtown Sold to Iconic Entertainment District Developer Cheri Morris, president of Atlanta-based Morris & Fellows, recently announced the sale of Woodstock Downtown to Burroughs & Chapin. Developed from 2006 to 2012, Morris & Fellows’ holdings occupy several blocks along Woodstock’s Main Street. The sale excludes the historic train depot and grounds, which Morris & Fellows retained to be part of their adjoining Woodstock City Center development now underway.“We were careful to select a buyer who is experienced in high-quality, high-street development. It is exciting and gratifying that Woodstock Downtown attracted this storied firm that acquires iconic properties in historic shopping districts like Charleston’s King Street and Savannah’s Broughton Street,” said Morris. “The name Burroughs & Chapin is synonymous with lively, successful retail on world-class shopping streets. Most importantly, they are committed to caretaking the unique appeal and value of historic context and cultural identity.”Throughout the development of Woodstock Downtown, Morris & Fellows emphasized historic architecture contextual to the 19th century downtown, and open-air gathering spaces that enliven the property and the surrounding downtown area. As a result, Woodstock Downtown became a powerful catalyst for economic development – property values in the downtown area have grown from $34 million in 2006 to over $382 million in 2021. Woodstock Downtown has garnered international attention as an unprecedented success and driver of ancillary economic redevelopment in its downtown environs. The project has been awarded the Development of Excellence by the Urban Land Institute, cited as Development of the Year by the Atlanta Regional Commission, and received the Congress for New Urbanism International Charter Award for Best Neighborhood-Scale District.
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