The development team that hopes to build the largest mixed-use development in the history of Downtown Atlanta now officially owns the site for its ambitions.
Webstar Technology Group, a penny stock company whose previous project filings and public claims have drawn scrutiny, announced Wednesday it had closed on a 10-acre vacant parcel that once housed the headquarters of Gourmet Foods International.
The land, on the corner of Ted Turner Drive Southwest and Whitehall Street Southwest, was purchased by Forge Atlanta Asset Management LLC, a joint venture between Webstar and Urbantec Development Partners, which previously controlled the site before losing it to foreclosure.
With…