According to WhatNowAtlanta The flooring products company this month filed plans for an 84,332-square-foot showroom in the forthcoming ‘adaptive-reuse’ project.
Paces Properties is moving forward with plans to revitalize The Atlantic Shopping Center, at 1599 Memorial Drive.
The developer—known for Krog Street Market and the forthcoming Atlanta Dairies project—this month submitted a building permit application with City of Atlanta to improve the center’s “shell.”
An estimated $5,100,000 could be spent overhauling the existing 103,832-square-foot strip center structure, according to the filing.
he developer behind Krog Street Market and the upcoming Atlanta Dairies project has bought a huge Memorial Drive property.
A Paces Properties representative confirms to Curbed Atlanta the company has closed a deal that adds The Atlantic Shopping Center — a large suburban-style strip near the southern junction of Edgewood and Kirkwood — to their growing portfolio on Memorial Drive.
The move continues a wave of investment in Memorial Drive that stretches from downtown to past Moreland Avenue and beyond.
No further details about the property’s cost or its potential uses were available from Paces. Expect updates if they come.
For now, the 1599 Memorial Drive address is home to an outbuilding of suites called The Entrepreneurium (a small-business incubator) and a thrift shop that supports local veterans called VEO Thrift. That’s about it. It has seas of available parking. Like enough for a concert.
Former tenants have included Family Dollar and Club ESSO.
Call Kevin Polite, Solid Source Realty, Inc. 404-299-7100. Exclusive Agent for HausZwei Homes or CONTACT US
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