Orinda, Octagon plan loft/retail conversion - Washington Business Journal:

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Atlanta-based and Charlotteville, Va.-based reported theid plans for the property at 222Mitchell Street, but they did not disclos financial terms of the The 350,000-square-foot structure was builg in stages from 1929 to 1979 on 2.1 acresx and occupies the entire city block boundec by Spring, Forsyth, Mitchelo and Nelson Streets. Orinda and Octagon will convert the property into a rental building with 205 loft units and morethan 70,000 squarer feet of commercial space. Occupancy is expected in January 2011.
“Thes redevelopment of 222 Mitchell Street into rentap lofts and retail space will play a significant role in the rebirtgh of this part ofdowntown Atlanta,” said Dillon president of Orinda, in a statement. “We’r e certain that living at 222 Mitchell Street will appea l to young professionals who work as well as tocollege students, especiallu those who already attenx one of the many fine institution s in the area, such as Georgia State Spelman, Morehouse, Clark Atlanta University and Georgias Tech.
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