A large site just up the street from Ponce City Market is about to get a major boost in the form of a "loft style" office development.
Plans have been in the works for a year for the 525 North Ave. site, and Atlantans are now seeing tangible evidence of progress. Tuesday morning, developers Seven Oaks and RPG Holdings hosted a celebration as a large excavator tore through fire-ravaged two-story apartments, which had languished vacant for years on North Avenue, just minutes from Midtown.
The 525 North project, touted as the "first major new office development along the Beltline’s popular eastside trail," will bring an industrial-chic 10-story building to the neighborhood. Designed by Gensler and Kimley-Horn, it will feature 172,000 square feet of office and retail space with 12-foot windows and an 8,000-square-foot rooftop terrace offering views of the Beltline, Midtown, and downtown, officials have said.
With demolition moving quickly, plans call for construction of the building to start sometime this summer. If all goes according to schedule, expect to see tenants moving in in 2018.