Wednesday, March 6, 2013
Rust and barbed wire is soon to give way to retail and restaurants.
INMAN PARK — By the time it's done, Krog Street may be unrecognizable. For years, some of buildings and and other structures around and off Krog were characterized by rust and decay, barbed wire and graffiti. That's slated to change as part of the $70 million Krog Street Market redevelopment project Paces Properties has planned for the nine-acre site bounded by Edgewood Avenue, Irwin Street/Lake Avenue and the Atlanta BeltLine. Paces Properties, which purchased the site last year, expects to complete the project by November. Plans include construction of a 6,000-square-foot, indoor facility and the goal is to have it be comprised of all local tenants. See the accompanying video by Immovable Media, Inc., for a peek at Krog Street before its…
Tuesday, February 5, 2013
Old grammar school to be converted into apartments in $15 million project.
Tuesday, February 5
EAST ATLANTA — A construction moratorium that threatened to derail the planned redevelopment of the old John B. Gordon School has expired, which means the $15 million project can proceed. Vinings-based Paces Properties plans to replace the school at 1205 Metropolitan Ave. with a three-story structure of 125 to 145 apartments. Paces Properties almost walked away from the deal because the Atlanta City Council placed a moratorium on tearing down existing structures along select stretches of Moreland, including the East Atlanta Village business district and the Gordon School, which Paces said is beyond repair and must be demolished. The the city council made that move following a 2008 South Moreland Avenue Livable Centers Initiative Study that…
Wednesday, January 2, 2013
Project slated to open in June.
INMAN PARK — The site of Tyler Perry's former soundstages off Krog Street will be redeveloped into the Krog Street Market, its new owners said. The development is part of an overall $70 million project for a nine-acre site bounded by Edgewood Avenue, Irwin Street/Lake Avenue and the Atlanta BeltLine, Paces Properties told Atlanta INtown. Paces Properties purchased the site, which includes Rathbun’s and Krog Bar, last year. George Banks, a Paces Properties vice president, told Atlanta INtown, the market is to be comprised of all local tenants, not national chains. The market is to be a 6,000-square-foot indoor facility at the former soundstages, Atlanta INtown reported. “We’re actively seeking local restaurateurs and local farmers to make …
Thursday, September 6, 2012
Atlanta City Council imposed moratorium following South Moreland Avenue Livable Centers Initiative Study.
- THE NEIGHBORHOOD FILES
- Péralte Paul
Thursday, September 6, 2012
A $15 million redevelopment plan for the old John B. Gordon School in East Atlanta Village could fall apart if the Atlanta City Council doesn't act to lift a moratorium on new construction, a party to the project says. Vinings-based Paces Properties has the former grammar school at 1205 Metropolitan Ave. under contract. As planned, it would replace the school with a three-story structure of 125 to 145 apartments. But it could back away from the deal since the moratorium prohibits the company from demolishing the building, which is falling apart, Larry Culbertson, a broker with KW Commercial Atlanta Midtown, told East Atlanta Patch. The issue stems from the 2008 South Moreland Avenue Livable Centers Initiative Study that sought to establish…
Friday, June 22, 2012
Paces Properties to build high-end apartment rental units where former elementary school now sits.
A metro Atlanta developer has the now-closed John B. Gordon School in East Atlanta Village under contract for a high-end rental unit project. Contract terms for the project at 1205 Metropolitan Ave. were not released, but David P. Cochran, president and chief executive of Vinings-based Paces Properties, said his company's projected investment in redeveloping the property will be a little more than $15 million. The project is just in its initial planning phase, but when complete, it would be three stories with 125 to 145 apartments, Cochran told East Atlanta Patch. "We're going to build a very appropriate project," he said, explaining he wants the end result to be in keeping with the neighborhood. "It's a project we're very excited about." …