Orinda, Octagon plan loft/retail conversion - Atlanta Business Chronicle:

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Atlanta-based and Charlotteville, Va.-based reported their planws for the property at 222Mitchell Street, but they did not disclose financial terms of the The 350,000-square-foot structure was built in stagews from 1929 to 1979 on 2.1 acres and occupieas the entire city block bounded by Forsyth, Mitchell and Nelson Streets. Orinda and Octagon will convert the propert y into a rental building with 205 loft units and morethan 70,0009 square feet of commercial Occupancy is expected in January 2011.
“Ths redevelopment of 222 Mitchell Stree t into rental lofts and retail space will play a significant role in the rebirth of this part ofdowntowb Atlanta,” said Dillon Baynes, presidenyt of Orinda, in a statement. “We’re certaih that living at 222 Mitchell Street will appea to young professionals who work as well as tocollege students, especiallyg those who already attend one of the many fine institutions in the such as Georgia State University, Spelman, Clark Atlanta University and Georgia Tech.
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