Development

Sneak Peek at Atlanta's Ponce City Market, by Atlanta Business Chronicle

File Type: Free Content, Article
Release Date: May 2014
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Meridian Cool Springs Mixed-Use Development, Franklin, Tenn.

Jamestown Properties is in the process of redeveloping Atlanta’s former Sears Roebuck & Co. building into Ponce City Market, a mixed-use complex in the city’s historic Old Fourth Ward. An April 18 Atlanta Business Chronicle article and slide show, “Ponce City Market Reflects Ongoing Urban Awakening,” by Amy Wenk and Douglas Sams, offer a sneak peak at this $200 million project — the largest adaptive reuse project in Atlanta history — which is transforming 1.1 million square feet of the historic structure into 330,000 square feet of retail and restaurants, 475,000 square feet of office space and 259 residential units.

Three years ago, when Jamestown bought the two million-square-foot building on Ponce de Leon Avenue — once a regional warehouse, catalog distribution center and retail store — it housed Atlanta City Hall offices. Although redeveloping the largest brick building in the South has proved challenging, the new office space has “struck the right chord with growing technology companies athenahealth, MailChimp and Cardlytics.” One big draw is the project’s connection to the Atlanta Beltline Eastside Trail, on which people can walk and bike to and from nearby Piedmont Park and other in-town neighborhoods.