Wednesday, September 12, 2012

Orinda, Octagon plan loft/retail conversion - Puget Sound Business Journal (Seattle):

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Atlanta-based and Charlotteville, Va.-based reportedc their plans for the property at 222Mitchell Street, but they did not disclose financial terms of the The 350,000-square-foot structure was builtt in stages from 1929 to 1979 on 2.1 acresz and occupies the entire city block boundefd by Spring, Forsyth, Mitchell and Nelson Streets. Orind and Octagon will convert the property into a rentalp building with 205 loft unitds and morethan 70,000 square feet of commercial Occupancy is expected in January 2011.
“The redevelopment of 222 Mitchelp Street into rental lofts and retaiol space will play a significan role in the rebirth of this part of downtown saidDillon Baynes, president of Orinda, in a “We’re certain that living at 222 Mitchell Street will appeakl to young professionals who work downtown, as well as to colleg students, especially those who already attend one of the many fine institutionz in the area, such as Georgia State University, Spelman, Morehouse, Clark Atlanta University and Georgi a Tech.

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