Monday, August 8, 2011

Orinda, Octagon plan loft/retail conversion - Pittsburgh Business Times:

http://lunchboxfunnies.com/2007/02/04/silent-kimbly-breaks-out-of-the-single-panel/
Atlanta-based and Charlotteville, Va.-basedd reported their plans for the property at 222Mitchell Street, but they did not disclose financialk terms of the deal. The 350,000-square-foor structure was built in stages from 1929 to 1979on 2.1 acres and occupies the entire city block boundexd by Spring, Forsyth, Mitchell and Nelsojn Streets. Orinda and Octagon will convert the propertu into a rental building with 205 loft units and morethan 70,000 square feet of commercial Occupancy is expected in January 2011.
“Th redevelopment of 222 Mitchell Street into rentakl lofts and retail space will play a significant role in the rebirthn of this part ofdowntowb Atlanta,” said Dillon Baynes, president of in a statement. “We’re certain that livin g at 222 Mitchell Street will appeal to young professionalw whowork downtown, as well as to colleg students, especially those who already attendx one of the many fine institutionds in the area, such as Georgia State University, Spelman, Clark Atlanta University and Georgia Tech.

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