Wednesday, February 15, 2012
With city permitting completed, developer is ready to begin three months ahead of schedule.
The development firm that purchased the old City Hall East building said Wednesday it would begin demolition of its garage later this month. The pending demolition, which will begin three months ahead of schedule, comes as Jamestown Properties has received all the necessary permitting from the city. Jamestown purchased the building — which is in the Old Fourth Ward and bounded by the BeltLine trail, Glen Iris Drive and Ponce de Leon and North avenues — for $27 million in July of 2011. The company — and its Atlanta subsidiary, Green Street Properties — plans a $180 million redevelopment of the 16-acre site that will include retail, office and residential components. “The removal of the 1960’s parking deck marks the beginning of a highly …
Thursday, December 1, 2011
Money earmarked for streetscape beautification
The Atlanta Regional Commission awarded Atlanta BeltLine Inc. a $4 million grant that will be used to improve the Ponce de Leon Ave. streetscape around Ponce City Market and construct bicycle and pedestrian links to the Atlanta BeltLine. "This is a major victory for Ponce City Market, the BeltLine, and the vibrant neighborhoods that surround the old Sears Building," Matt Bronfman, managing director of Jamestown Properties, the developer of Ponce City Market, said in a statement. "We are grateful for Mayor Kasim Reed’s support of the application as well as Brian Leary, president of Atlanta BeltLine and the BeltLine staff." In July, Jamestown announced it purchased the old City Hall East building at Ponce and Glen Iris Drive from the city …
Tuesday, July 12, 2011
City-owned building was once a Sears distribution center
The Old Fourth Ward is getting a major economic shot in the arm. The neighborhood's signature building — City Hall East at Ponce de Leon Avenue and Glen Iris Drive — is getting a $180 million in renovation and restoration from Jamestown Properties, which bought the property from the city for $27 million. The site’s next chapter: Ponce City Market, a “vibrant urban centerpiece,” with business, retail and residential components. The investment is expected to funnel $1 billion in economic impact to the region over the next 10 years, said Atlanta Mayor Kasim Reed, who announced the sale in a news conference Monday on the 10th-floor rooftop of the mammoth brick building. Jamestown Properties said it will adapt the structure and 16-acre tract — …
Péralte Paul
4:32 pm on Saturday, February 25, 2012
Thanks, Nice! I appreciate the kind words. more ›