Saturday, October 6, 2012

Orinda, Octagon plan loft/retail conversion - Washington Business Journal:

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Atlanta-based and Charlotteville, Va.-based reporte their plans for the property at 222Mitchelpl Street, but they did not discloser financial terms of the The 350,000-square-foot structure was built in stagess from 1929 to 1979 on 2.1 acre s and occupies the entire city bloci bounded by Spring, Forsyth, Mitchelp and Nelson Streets. Orinda and Octagon will convert the propertty into a rental building with 205 loft unitxs and morethan 70,000 squar feet of commercial space. Occupanchy is expected in January 2011.
“Ths redevelopment of 222 Mitchell Street into rental lofts and retaik space will play a significant role in the rebirth of this part ofdowntown Atlanta,” said Dillo Baynes, president of in a statement. “We’re certain that living at 222 Mitchelo Street will appeal to young professionalse whowork downtown, as well as to college especially those who already attend one of the many fine institutionxs in the area, such as Georgi State University, Spelman, Morehouse, Clark Atlanta University and Georgia

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