Another historic downtown Atlanta space has been updated for the modern era, preserved in a way that pays homage to its past.
At 207 Peachtree Street, real estate company Marx Reality has wrapped a $10.5 million restoration of 50,000 square feet in the former Regenstein’s Department Store.
The circa-1920s building, now going by “The Department Building,” offers 20,000 square feet for retail options, as well as 30,000 square feet of “modern creative office space,” according to a Marx Reality announcement.
The overall approach, of course, was to emphasize historic design features.
“The historic building envelope as well as the original Art Deco design elements that made the property an iconic fixture to Atlanta’s skyline and community have been artfully preserved,” a press release states.
Inside are 18-foot, terracotta barrel-vaulted ceilings, fluted columns, original wood floors, and oversized windows.
The redesign, spearheaded by local architecture firm ASD | SKY, also brings a new rooftop amenity deck replete with views from Peachtree Street to Stone Mountain.
There’s also a renewed lobby and new elevators and other building systems.
Additionally, at the beginning of the year, Saito: Sushi, Steak, and Cocktails inked a lease for 2,200 square feet on the first floor of The Department Building.
A restaurant opening date has yet to be announced.
The restoration of this old Art Deco building follows in the footsteps of a handful of similar projects downtown.
The Candler Hotel’s stunning revitalization recently wrapped, for instance.