So far, Newport has spent $88 million acquiring property and has started gutting and prepping spaces. With the help of city incentives and historic-building tax credits, Kunkat wants to strip the wood and aluminum facade on a Peachtree nail salon to expose the original brick and stone and has torn out old carpet and drywall in the old Sylvan Hotel to reveal the historic brick walls beneath.
Construction activity abounds at the Midtown mixed-use development, promising a reimagined landscape that, developers hope, will better cater to its residents and visitors alike.
These are Atlanta's 500 most powerful leaders. We spent months consulting experts and sorting through nominations to get a list of the city's most influential people—from artists to chefs to philanthropists to sports coaches and corporate CEOs. In this section, we focus on architecture and design, commercial contractors, commercial real estate brokers, commercial real estate sponsors, residential real estate brokers, and residential real estate developers.
Prepare yourselves, Georgia. The state is getting its first locations of beloved Texas businesses Buc-ee's, a massive gas station with impeccable bathrooms and unique snacks, and Alamo Drafthouse, one of the most-loved movie theater chains in the country.
Avalon developer North American Properties announced the first businesses expected at Revel this week, a new mixed-use development going up at the Infinite Energy Center in Duluth.
The big theme that emerged was a tension between making the center more “accessible” versus establishing the Shops as Atlanta’s true beacon of luxury shopping—with a lingering question whether those two ideas are mutually exclusive.
Commentary: Atlanta needs more affordable housing, but the city’s plan is short on dollars and details
Georgia State professor Dan Immergluck on why the city of Atlanta's new Housing Affordability Action Plan falls short of what the city needs to address a growing housing affordability crisis.
Later this year, the roughly 500 artists who build, create, and essentially live at the Goat Farm will relocate to spaces in Castleberry Hill, Old Fourth Ward, downtown Atlanta, and other areas as the property begins a $250 million redevelopment. The transformation, which will add live-work units and a hotel, will allow the Goat Farm to expand its mission, the owner says.
Alphonzo Cross, who along with his sister has owned 249-259 Peters Street since 2001, confirmed that he plans to renovate his building and that Spin, 255, and Pearl Restaurant & Lounge, are set to close in 2020. But why did rumors of the closings spark such a passionate reaction on social media?