Home News Parking lot in heart of Virginia-Highland set to bite the dust

Parking lot in heart of Virginia-Highland set to bite the dust

by admin
0 comment

After a decade and a half, will the quest to redevelop a paid parking lot in the middle of a Virginia Highland shopping district finally pay off?

According to the latest marketing materials, the answer is yes.

Commercial Real Estate Brokerage Colliers list 841 North Highland Avenue mixed-use project under construction on a paved 0.9-acre corner lot that has sparked redevelopment ideas in the past.

The project is currently scheduled to be delivered in the first quarter of 2024, according to Colliers officials.

The full extent of North Highland Avenue frontage. Colliers

The mixed-use concept will be two- and three-story buildings one lot south of CVS Pharmacy on the North Highland Avenue retail strip that includes Dark Horse Tavern and Neighbors Pub, according to marketers. It replaces, relatively speaking, the long-canker car parks in the charming corridors of the old building’s shops, salons, bars and eateries.

Renderings show the building is called Highland. We have reached out to project personnel for information on construction timelines and other details. If so, we’ll update this story.

Back in 2006, another mixed-use proposal was bornmix’ also popped up on the site. By early 2008, the condo and retail mix had received building permits from the city, just as the financial crisis was hitting Atlanta. It never took off.

Colliers said the plan now calls for a 7,300-square-foot street-level retail store (with floor-to-ceiling windows and a small 3,650-square-foot floor plan), with an unspecified number of homes above it. is built.

The building permit documents show that the house is a condominium.

The right is our property in May last year. google map

A section of a mixed-use building facing south toward Ponce de Leon Avenue. Colliers

A parking deck with 48 parking spaces serves as a commercial component alongside five off-street parking spaces. A separate deck will be built on the residential lot.

The application for the land development permit was issued last April, according to city records. According to permit records, the parking structure will be built first.

Va-Hi’s strip has struggled in recent years due to fierce competition for retail tenants from places such as Ponce City Market. maintain A complete roster of occupied storefronts. According to marketing materials, the ideal tenants for the North Highland 841 Building are any potential customer in the healthcare, technology, creative, or professional services sectors – any current business.

Virginia Highlands News, Discussions (Urbanization of Atlanta)

You may also like