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Arrested Development

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Peachtree Street in the heart of Midtown is down two thumpin' nightclubs, with the last nail in the coffin of Vanquish and Reign, reports Creative Loafing. Closed since September, the two clubs —opened amid thunderous controversy in 2011— are officially no longer, following a declaration of bankruptcy at the hands of landlord Dewberry Capital. Known for sitting on prime Atlanta real estate, the firm has grandiose visions for this particular site, telling CL that "its development potential is larger than that of the Empire State Building." Whatever they have in mind, here's hoping it's more exciting than the "landmark" Corey Smokestack.