MetLife preparing to develop prime Midtown Atlanta site

Global insurer MetLife is putting the wheels in motion to redevelop a prime site near the 17th Street bridge that’s one of the gateways to Midtown Atlanta.

On Monday, real estate services giant JLL said it has been selected as the master development manager for the 8.5-acre Midtown Heights parcel that was once slated for a high-rise, mixed-use development called Metropolitan Center. The property at 17th and Spring streets is currently home to a 1960s-era office building.

Few details were released Monday about the project, but it’s clear MetLife plans to be patient with site development. The company started assembling the land there in 2006.