print header

# 1 Commercial Real Estate Information Company

  • Find Properties 
  • Market Properties 
  • Analyze Properties 
Commercial Real Estate News

Atlantic Station Wins Awards, Tenants

National Recognition Helps Massive Redevelopment
August 19, 2004
Atlantic Station, once a steel mill and now a 138-acre, 12 million-square-foot redevelopment effort continues to make news in Midtown Atlanta. A host of national retail stores signed for space and the project won an award from the Environmental Protection Agency (EPA). It is the nation's largest "Brownfield" redevelopment.

The EPA awarded owner Atlantic Station LLC and MACTEC engineering and consulting with the Region 4 Phoenix Award as the best "Brownfield" redevelopment in the Southeast United States. The award honors individuals and groups for transforming abandoned industrial sites to usable, productive and environmentally friendly uses.

In addition, the redevelopment site has seen several leases during the past quarter from regional and national companies. On the clothing front, fashion leaders American Eagle Outfitters, Guess and Express signed leases, joining a shopping scene already including Dillard's three-story, 225,000-square-foot flagship store.

Pier 1 Imports, 12,027 square feet, and Metropolitan Deluxe, 4,966 square feet, have signed leases to provide area residents with furniture options, joining international furnishing retailer IKEA, which broke ground on a 366,000-square-foot store in April.

For entertainment, Regal Theatre has signed up for two stories, 16 screens and almost 105,000 square feet, as has the multi-media entertainment provided by Lucid, 24,673 square feet, and the Improv Comedy Club. The club has been the launching pad for many familiar faces, such as Bette Midler, David Spade, Jerry Seinfeld and Robin Williams.

However, it may be diners who benefit most from the recent lease signings. The FOX Sports Grill enters the Southeast with a 19,000-square-foot facility that includes a cigar lounge, billiards room, event facilities and live FOX sports broadcasts in addition to its upscale dining. Southwest food lovers are well represented by Moe's Southwest Grill and Rosa Mexicano, as are California-Fusion enthusiasts, with California Pizza Kitchen and Mama Fu's Noodle House.

In addition, Claddagh's Irish Pub makes its Atlanta debut, occupying more than 8,000 square feet. It features imported Irish furnishings and authentic Irish cuisine.

The Sporting Club at Atlantic Town Center signed a lease for 38,599 square feet. More than 20,000 square feet will be dedicated to weight training and fitness alone. The remaining space promises to take care of the rest of the body, including chiropractic and massage therapy, a juice and smoothie bar, a pro shop, a tanning salon, and a healthy cafe.

Most of the retail space in the 12 million-square-foot redevelopment should deliver during the second and third quarters of 2005. The 513,314-square-foot office tower, known as the 171 Building, has delivered, as have more than a hundred townhouses and apartments.

Retail space in the center is being leased directly by Atlantic Station, while Carter & Associates is leasing the complex's office space.
GET IN TOUCH        Contact CoStar News Team:

 Find us on 

Welcome To CoStar's
Award-Winning News

Winner of three Journalism Awards from the National Association of Real Estate Editors (NAREE)

Award-Winning News