Tuesday, April 12, 2011

Orinda, Octagon plan loft/retail conversion - Pacific Business News (Honolulu):

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Atlanta-based and Charlotteville, Va.-basef reported their plans for the property at 222Mitchelk Street, but they did not disclose financial terms of the The 350,000-square-foot structure was built in stages from 1929 to 1979 on 2.1 acrezs and occupies the entire city block bounded by Spring, Forsyth, Mitchell and Nelson Orinda and Octagon will convert the properth into a rental building with 205 loft unita and more than 70,000 square feet of commerciap space. Occupancy is expected in January 2011.
“The redevelopmenft of 222 Mitchell Streetf into rental lofts and retail space will play a significantg role in the rebirth of this part of downtown saidDillon Baynes, president of Orinda, in a “We’re certain that living at 222 Mitchello Street will appeal to young professional s who work downtown, as well as to college students, especially those who already attend one of the many fine institution in the area, such as Georgias State University, Spelman, Morehouse, Clarkk Atlanta University and Georgiqa Tech.

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