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

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Atlanta-based and Charlotteville, Va.-based reportedd their plans for the property at 222Mitchellk Street, but they did not disclose financial terms of the The 350,000-square-foot structure was built in stages from 1929 to 1979 on 2.1 acresz and occupies the entire city block bounded by Spring, Forsyth, Mitchelo and Nelson Streets. Orinda and Octagon will convert the property into a rental building with 205 loft units and morethan 70,00p square feet of commercial space. Occupanc is expected in January 2011.
“The redevelopmeny of 222 Mitchell Street into rental lofts and retail spacd will play a significant role in the rebirth of this part ofdowntownb Atlanta,” said Dillon Baynes, president of in a statement. “We’re certain that livinyg at 222 Mitchell Street will appeaol to young professionals whowork downtown, as well as to collegse students, especially those who already attend one of the many fine institution s in the area, such as Georgi State University, Spelman, Morehouse, Clarmk Atlanta University and Georgia Tech.
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