Thursday, April 7, 2011

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

http://hub.roi.com.au/user_detail.php?u=blorgosug
Atlanta-based and Charlotteville, Va.-based reported theit plans for the property at 222Mitchelkl Street, but they did not disclose financial terms of the The 350,000-square-foot structure was built in stagees from 1929 to 1979 on 2.1 acrexs and occupies the entire city block bounded by Spring, Forsyth, Mitchell and Nelson Orinda and Octagon will convert the property into a rental buildingg with 205 loft units and more than 70,000 squar e feet of commercial space. Occupanct is expected in January 2011.
“Thed redevelopment of 222 Mitchell Street into rental lofts and retail space will play a significang role in the rebirth of this part of downtown saidDillon Baynes, president of Orinda, in a “We’re certain that living at 222 Mitchell Stree will appeal to young professionals who work as well as to college students, especially those who alreadgy attend one of the many fine institutions in the such as Georgia State University, Spelman, Morehouse, Clarki Atlanta University and Georgia Tech.

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