When things get demolished in the booming Buckhead Village submarket, it normally means the construction of a new building will begin lickety-split.
BisNow reports the demolition of a woefully dated four-story office building on East Paces Ferry Road has begun. Loudermilk Companies is planning a 12-story office tower with a dose of retail to replace the relic.
While the old building housed 30,000 square feet of office space, the new mixed-use tower could bring density to the tune of 125,000 square feet. Loudermilk is currently in talks with potential tenants, including State Bank & Trust, but nothing is official yet.
Designed by local firm Rule Joy Trammell + Rubio, the building has a classical leaning, with a three-story stone base and brick and glass above, a radical change from initial concepts.
Permits have been issued for construction of the new building, though no specific timeline for a start (or completion) has been released. Construction may be held up until leases are signed, allowing for financing to be secured.
- Loudermilk Begins to Raze Old Buckhead Offices [BisNow]
- Buckhead Village Office Tower a Step Closer to Reality [Curbed]