MARTA would like to see more retail and residential space created near the Arts Center station and the Downtown Connector.

MetLife has acquired eight acres of land near the Arts Center MARTA station which it hopes to turn into a mixed-use development to revitalize the area.

According to the Atlanta Business Chronicle, the insurance giant’s latest purchase was an 0.7 acre plot at 17th, Spring, and West Peachtree streets. The collection of land could be converted by MetLife and Selig Enterprises into a complex meeting the desires of MARTA to build a high-rise residential tower, street-level retail, and a hotel adjacent to the Arts Center station.

For more on this story: http://patch.com/