One of Midtown's most prominent intersections is about to see major changes, courtesy of a developer known for sitting on prized real-estate holdings. While the four corners at Peachtree and 14th streets are already humming along, Dewberry Capital hopes to eke out more space from their Campanile building, according to the Atlanta Business Chronicle.
The firm, with the help of architects Smallwood, Reynolds, Stewart, Stewart, plans to add six stories — around 150,000 square feet of new office space — to the top of the 21-story tower at the southeastern corner of the intersection. (Yes, it's going to be an engineering feat). Additionally, the developer plans to fill the entire block, enclosed by Juniper and 13th streets, with two to three stories of street-front retail space, totaling more than 77,000 square feet. A case of keeping up with the Joneses, perhaps, the project comes as neighboring Colony Square preps for major upgrades. It's all in permitting right now.
Plans to add the retail component at the street are hardly new, having been floated years ago by the same developer, but never coming to fruition.
- Dewberry to add retail, office to Midtown's Campanile building [Atlanta Business Chronicle]