Horizon

Ahead of the Curve: Cousins to lead expansion of 999 Peachtree
Your eye on community development


The Atlanta Journal-Constitution
Published on: 03/17/08

Jamestown has hired Cousins Properties to "manage, lease and enhance" 999 Peachtree, a class A office building at 10th and Peachtree streets in Midtown.

This marks the first venture in which the two companies will partner. Jamestown bought 999 Peachtree in January 2007 and plans to enlarge the lower portion of the building to add more retail.

GreenbergFarrow has been hired to redesign part of the building. The lobby level will be expanded to strengthen 999 Peachtree's sidewalk presence and to offer businesses prominent storefronts.

In conjunction with that effort, Jamestown wants to buy part of the Margaret Mitchell House & Museum property across Peachtree Street to construct underground parking and a retail building. The Mitchell house would not be affected.

The board of the Atlanta Historical Society, which owns the Mitchell property, could vote as early as March 31 on selling part of the site.

"We chose Cousins at 999 Peachtree because they bring top development expertise in addition to their quality management and leasing team," said Matt Bronfman, Jamestown's chief operations officer and managing director.

Cousins will succeed Jones Lang LaSalle, which has managed and leased the building for the past year.

The 625,000-square-foot 999 Peachtree building is anchored by Sutherland Asbill & Brennan, Atlanta's fourth-largest law firm.

—- Kevin Duffy

Intown art deco lofts go condo

A nearly 80-year old industrial building in Atlanta's newly trendy Old Fourth Ward neighborhood has been converted to loft condominiums.

The 32 lofts in the Troy-Peerless building offer authentic touches like exposed brick, metal truss ceilings and original industrial windows, alongside modern conveniences such as stainless steel appliances and European-style cabinets.

The art deco Troy-Peerless building opened in 1929, operating as a laundry before being bought in the late 1960s by Sears, which used it as a warehouse and showroom across the street. It's listed on the National Register of Historic Places.

The building is located on Glen Iris Drive, just north of North Avenue, near the planned Beltline route and next to City Hall East.

Atlanta developer Miller Gallman bought the property in 1996 and converted it to apartments. Last year, the company decided to go condo.

The lofts for sale vary in size from 500 to 2,000 square feet and range in price from $129,000 to $399,000.

The project is being offered by the Atlanta Loft Co.

—- Paul Donsky

Forsyth may get debris landfill

A company has proposed building a landfill for construction debris in southern Forsyth County, east of Ga. 400 near Cumming. The site is several miles northeast of a planned luxury shopping mall at the extreme south end of the county.

The landfill is designed to accommodate inert debris including bricks, untreated lumber and trees, said Michael Burke, vice president of Cumming-based Billy Gerrell Grading Inc.

Burke said the landfill essentially would fill in a "great big, million yard gulley." Once the gulley is full, in about a decade, Burke said his company intends to offer it to Forsyth County to be developed into a park.

Forsyth County's land use plan shows the 22.3 acre site as appropriate for industrial uses, said Teressa Cox, a county planner. Cox said the property borders Ga. 400 and the entrance would be off Old Atlanta Road.

—- David Pendered

Fire victims can get help

Linda McQueen Crosby says she knows how it feels to be "burned out" first-hand.

The Clayton County woman said she was 23 when she was severely burned in 1972, and spent several years going through skin grafts and other surgeries.

On Friday, McQueen Crosby turned what she calls her "lifetime tragedy" into something positive and opened the Heart-Burn Foundation to help uninsured burn victims.

The foundation, which has been operating since 2000, opened its first permanent office Friday at 8455 Ga. 85 in Riverdale. The foundation provides clothing, blankets, counseling and shelter help for fire victims.

"We find out what they need after the Red Cross has assisted them," said McQueen Crosby, the foundation's executive director.

For more information, call 678-663-1000.

—- Megan Matteucci



AJC Breaking News Updates

Kudzu Services » Find the right people for the job