The Flatiron Building is a 120-year-old building, the nation's first flatiron building, predating the flatiron building in New York City by five years. The Flatiron Building opened in 1897 and is Atlanta's oldest standing skyscraper.
The refurbished office building houses a diverse tenant base including B2B start-ups and digital advertising and music businesses.
For 28 years the city has hosted an all-day party each New Year’s Eve at Underground, featuring bands, food, confetti, and the ceremonial lowering of the 800-pound Peach from a tower above the plaza. The traditional New Year’s Eve celebration has often attracted more than 100,000 people, according to PeachDrop.com.
The money-losing mall at Underground Atlanta gets its moment in the spotlight each year during New Year’s Eve. This year that Dec. 31 celebration will move to a new spot. HYOSUB SHIN / HSHIN@AJC.COM
Expectations that the event would make a move were ramped up with the sale this spring of Underground Atlanta to the South Carolina firm WRS Real Estate Investments. The sale had been announced two years ago, but was postponed due to complications, including questions about easements from MARTA and railroad companies.
The Peach Drop has undergone a few changes over the years, including the version in 2014, when the giant peach shared space on the tower above Underground with an even-more-giant replica of a peanut M&M.
Bo Emerson contributed to this article.