The National Observer: Bank exec says office fundamentals ‘remain weak’
The National Observer: Bank exec says office fundamentals ‘remain weak’
We’re spotlighting what one CEO says is a prime issue for data centers, layoffs at a big name in the food-and-beverage space, and an airline’s expansion of its East Coast offerings. But first, we examine why one finance executive believes commercial real estate losses will remain “lumpy.”
We’re spotlighting what one CEO says is a prime issue for data centers, layoffs at a big name in the food-and-beverage space, and an airline’s expansion of its East Coast offerings. But first, we examine why one finance executive believes commercial real estate losses will remain “lumpy.” Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
We’re spotlighting what one CEO says is a prime issue for data centers, layoffs at a big name in the food-and-beverage space, and an airline’s expansion of its East Coast offerings. But first, we examine why one finance executive believes commercial real estate losses will remain “lumpy.”
The National Observer: Bank exec says office fundamentals ‘remain weak’
The National Observer: Bank exec says office fundamentals ‘remain weak’
We’re spotlighting what one CEO says is a prime issue for data centers, layoffs at a big name in the food-and-beverage space, and an airline’s expansion of its East Coast offerings. But first, we examine why one finance executive believes commercial real estate losses will remain “lumpy.”
We’re spotlighting what one CEO says is a prime issue for data centers, layoffs at a big name in the food-and-beverage space, and an airline’s expansion of its East Coast offerings. But first, we examine why one finance executive believes commercial real estate losses will remain “lumpy.” Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
We’re spotlighting what one CEO says is a prime issue for data centers, layoffs at a big name in the food-and-beverage space, and an airline’s expansion of its East Coast offerings. But first, we examine why one finance executive believes commercial real estate losses will remain “lumpy.”
Robot guards are bound for South Downtown. Will they help?
Robot guards are bound for South Downtown. Will they help?
Robot guards are bound for South Downtown. Will they help?
Josh Green
Wed, 01/22/2025 – 12:18
Ne’er-do-wells of downtown Atlanta, beware: The robots are coming.
As with any urban district that’s undergoing a high-dollar revival after decades of disinvestment, the sweeping, 10-block adaptive-reuse effort that is South Downtown has grappled with theft and other issues over the past year of work, prompting the addition of Flock Security cameras across the district.
Now the entrepreneur-led development is going a step further, investing in a robotic security component that wouldn’t look out of place in dystopian, 1980s sci-fi action flick RoboCop. Which, when it comes to spooking would-be crooks, might not be a bad thing.
Security tech company Undaunted is gearing up for an official launch with pre-seed funding from South Downtown owners and developers Atlanta Ventures. It will mark the first startup funded in the South Downtown district by entrepreneur and project leader David Cummings, who envisions the historic blocks south of Five Points and east of Centennial Yards springing to life as a world-class tech hub.
Bryan Dinner, Undaunted’s founder and CEO, tells Urbanize Atlanta one of the company’s robotic guards is currently operating at 222 Mitchell—the largest building in Atlanta Ventures’ portfolio that’s being converted to apartments, after an office redo by previous owners was scrapped.
Three more robotic guards are in the process of being delivered to other South Downtown construction sites and a parking lot to patrol during closed hours, according to Dinner. (His company is also under contract to sell robots to two other developers based in metro Atlanta, Perennial Properties and B. Wolf and Sons.)
This robot includes two-way audio capabilities and a two and 1/2-hour battery life. Courtesy of Undaunted
Housing component that can hold and charge up to three robotic guards. Courtesy of Undaunted
Dinner says Undaunted’s robotic tech differentiates itself by being proactive and not reactive to security situations, using fleets of human-controlled robots to mitigate situations such as theft and trespassing. (Find a can’t-miss, 41-second explainer video to see the robots in action here.)
One means of thwarting crimes before they happen is what’s called computer vision.
“[That’s] when a camera sees a person in a no-access area after hours, such as a construction site, [and] automatically alerts the remote monitoring team to review the camera and deploy the robot,” explains Dinner.
The robots—each equipped with “advanced deterrence tools” and communication systems—are designed to allow one guard to manage security across 10 times as much area as a single, traditional guard. The result is a cheaper alternative for businesses, and a safer means of patrolling for guards, per Dinner.
Reads the company tagline: “Anything your human guards can do, our complete robot guarding system can do better.”
As for costs, one “plug-and-play” guard will set a developer back $2,000 per month. That includes the ability to cover 8 acres and around-the-clock access to a monitoring center.
Screen-grab from a demo video for an Undaunted prototype. Courtesy of Undaunted
A wall-mounted robotics system that tracks movement and triggers intrusion alerts. Courtesy of Undaunted
The four-legged, futuristic patrollers appear to have made fans of downtown movers-and-shakers.
Cummings, listed as a cofounder of Undaunted, called the robots an “innovative approach from the heart of Atlanta” that pushes “the boundaries of what’s possible in security technology,” per a statement.
“Historically, the commercial heart of Atlanta, where the first Coca-Cola was served and Rich’s began, South Downtown is being revitalized as a hub for innovation and startups,” added AJ Robinson, longtime president of Central Atlanta Progress. “[Dinner] and the Undaunted team not only lead the way for future entrepreneurs who will come, but they are also laying the groundwork for making downtown the safest and most secure place to live and work.”
…
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Twitter / Facebook/and now: Instagram
• Downtown news, discussion (Urbanize Atlanta)
Screen-grab from a demo video for an Undaunted prototype. Courtesy of Undaunted
Housing component that can hold and charge up to three robotic guards. Courtesy of Undaunted
A wall-mounted robotics system that tracks movement and triggers intrusion alerts. Courtesy of Undaunted
This robot includes two-way audio capabilities and a two and 1/2-hour battery life. Courtesy of Undaunted
Robot guards are bound for South Downtown. Will they help?
Josh Green
Wed, 01/22/2025 – 12:18
Ne’er-do-wells of downtown Atlanta, beware: The robots are coming.
As with any urban district that’s undergoing a high-dollar revival after decades of disinvestment, the sweeping, 10-block adaptive-reuse effort that is South Downtown has grappled with theft and other issues over the past year of work, prompting the addition of Flock Security cameras across the district.
Now the entrepreneur-led development is going a step further, investing in a robotic security component that wouldn’t look out of place in dystopian, 1980s sci-fi action flick RoboCop. Which, when it comes to spooking would-be crooks, might not be a bad thing.
Security tech company Undaunted is gearing up for an official launch with pre-seed funding from South Downtown owners and developers Atlanta Ventures. It will mark the first startup funded in the South Downtown district by entrepreneur and project leader David Cummings, who envisions the historic blocks south of Five Points and east of Centennial Yards springing to life as a world-class tech hub.
Bryan Dinner, Undaunted’s founder and CEO, tells Urbanize Atlanta one of the company’s robotic guards is currently operating at 222 Mitchell—the largest building in Atlanta Ventures’ portfolio that’s being converted to apartments, after an office redo by previous owners was scrapped.
Three more robotic guards are in the process of being delivered to other South Downtown construction sites and a parking lot to patrol during closed hours, according to Dinner. (His company is also under contract to sell robots to two other developers based in metro Atlanta, Perennial Properties and B. Wolf and Sons.)
This robot includes two-way audio capabilities and a two and 1/2-hour battery life. Courtesy of Undaunted
Housing component that can hold and charge up to three robotic guards. Courtesy of Undaunted
Dinner says Undaunted’s robotic tech differentiates itself by being proactive and not reactive to security situations, using fleets of human-controlled robots to mitigate situations such as theft and trespassing. (Find a can’t-miss, 41-second explainer video to see the robots in action here.)
One means of thwarting crimes before they happen is what’s called computer vision.
“[That’s] when a camera sees a person in a no-access area after hours, such as a construction site, [and] automatically alerts the remote monitoring team to review the camera and deploy the robot,” explains Dinner.
The robots—each equipped with “advanced deterrence tools” and communication systems—are designed to allow one guard to manage security across 10 times as much area as a single, traditional guard. The result is a cheaper alternative for businesses, and a safer means of patrolling for guards, per Dinner.
Reads the company tagline: “Anything your human guards can do, our complete robot guarding system can do better.”
As for costs, one “plug-and-play” guard will set a developer back $2,000 per month. That includes the ability to cover 8 acres and around-the-clock access to a monitoring center.
Screen-grab from a demo video for an Undaunted prototype. Courtesy of Undaunted
A wall-mounted robotics system that tracks movement and triggers intrusion alerts. Courtesy of Undaunted
The four-legged, futuristic patrollers appear to have made fans of downtown movers-and-shakers.
Cummings, listed as a cofounder of Undaunted, called the robots an “innovative approach from the heart of Atlanta” that pushes “the boundaries of what’s possible in security technology,” per a statement.
“Historically, the commercial heart of Atlanta, where the first Coca-Cola was served and Rich’s began, South Downtown is being revitalized as a hub for innovation and startups,” added AJ Robinson, longtime president of Central Atlanta Progress. “[Dinner] and the Undaunted team not only lead the way for future entrepreneurs who will come, but they are also laying the groundwork for making downtown the safest and most secure place to live and work.”
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Downtown news, discussion (Urbanize Atlanta)
Tags
235 Mitchell St.
Suite 103
Atlanta City Studio
The Sylvan Building
South Downtown
Hotel Row
Atlanta Ventures
Atlanta History
Historic Buildings
Tyde Tate Kitchen
Spiller Coffee
Atlanta Office of Design
City of Atlanta Department of City Planning
Downtown News
Downtown Development
Undaunted
Robot Guards
David Cummings
Robotic Security
Images
Screen-grab from a demo video for an Undaunted prototype. Courtesy of Undaunted
Housing component that can hold and charge up to three robotic guards. Courtesy of Undaunted
A wall-mounted robotics system that tracks movement and triggers intrusion alerts. Courtesy of Undaunted
This robot includes two-way audio capabilities and a two and 1/2-hour battery life. Courtesy of Undaunted
Subtitle
Robotic tech is cheaper, less risky security alternative for developing downtown blocks, supporters say
Neighborhood
Downtown
Background Image
Image
Associated Project
Hotel Row – Newport RE
Before/After Images
Sponsored Post
Off Read More
Robot guards are bound for South Downtown. Will they help?
Josh Green
Wed, 01/22/2025 – 12:18
Ne’er-do-wells of downtown Atlanta, beware: The robots are coming.
As with any urban district that’s undergoing a high-dollar revival after decades of disinvestment, the sweeping, 10-block adaptive-reuse effort that is South Downtown has grappled with theft and other issues over the past year of work, prompting the addition of Flock Security cameras across the district.
Now the entrepreneur-led development is going a step further, investing in a robotic security component that wouldn’t look out of place in dystopian, 1980s sci-fi action flick RoboCop. Which, when it comes to spooking would-be crooks, might not be a bad thing.
Security tech company Undaunted is gearing up for an official launch with pre-seed funding from South Downtown owners and developers Atlanta Ventures. It will mark the first startup funded in the South Downtown district by entrepreneur and project leader David Cummings, who envisions the historic blocks south of Five Points and east of Centennial Yards springing to life as a world-class tech hub.
Bryan Dinner, Undaunted’s founder and CEO, tells Urbanize Atlanta one of the company’s robotic guards is currently operating at 222 Mitchell—the largest building in Atlanta Ventures’ portfolio that’s being converted to apartments, after an office redo by previous owners was scrapped.
Three more robotic guards are in the process of being delivered to other South Downtown construction sites and a parking lot to patrol during closed hours, according to Dinner. (His company is also under contract to sell robots to two other developers based in metro Atlanta, Perennial Properties and B. Wolf and Sons.)
This robot includes two-way audio capabilities and a two and 1/2-hour battery life. Courtesy of Undaunted
Housing component that can hold and charge up to three robotic guards. Courtesy of Undaunted
Dinner says Undaunted’s robotic tech differentiates itself by being proactive and not reactive to security situations, using fleets of human-controlled robots to mitigate situations such as theft and trespassing. (Find a can’t-miss, 41-second explainer video to see the robots in action here.)
One means of thwarting crimes before they happen is what’s called computer vision.
“[That’s] when a camera sees a person in a no-access area after hours, such as a construction site, [and] automatically alerts the remote monitoring team to review the camera and deploy the robot,” explains Dinner.
The robots—each equipped with “advanced deterrence tools” and communication systems—are designed to allow one guard to manage security across 10 times as much area as a single, traditional guard. The result is a cheaper alternative for businesses, and a safer means of patrolling for guards, per Dinner.
Reads the company tagline: “Anything your human guards can do, our complete robot guarding system can do better.”
As for costs, one “plug-and-play” guard will set a developer back $2,000 per month. That includes the ability to cover 8 acres and around-the-clock access to a monitoring center.
Screen-grab from a demo video for an Undaunted prototype. Courtesy of Undaunted
A wall-mounted robotics system that tracks movement and triggers intrusion alerts. Courtesy of Undaunted
The four-legged, futuristic patrollers appear to have made fans of downtown movers-and-shakers.
Cummings, listed as a cofounder of Undaunted, called the robots an “innovative approach from the heart of Atlanta” that pushes “the boundaries of what’s possible in security technology,” per a statement.
“Historically, the commercial heart of Atlanta, where the first Coca-Cola was served and Rich’s began, South Downtown is being revitalized as a hub for innovation and startups,” added AJ Robinson, longtime president of Central Atlanta Progress. “[Dinner] and the Undaunted team not only lead the way for future entrepreneurs who will come, but they are also laying the groundwork for making downtown the safest and most secure place to live and work.”
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Downtown news, discussion (Urbanize Atlanta)
Tags
235 Mitchell St.
Suite 103
Atlanta City Studio
The Sylvan Building
South Downtown
Hotel Row
Atlanta Ventures
Atlanta History
Historic Buildings
Tyde Tate Kitchen
Spiller Coffee
Atlanta Office of Design
City of Atlanta Department of City Planning
Downtown News
Downtown Development
Undaunted
Robot Guards
David Cummings
Robotic Security
Images
Screen-grab from a demo video for an Undaunted prototype. Courtesy of Undaunted
Housing component that can hold and charge up to three robotic guards. Courtesy of Undaunted
A wall-mounted robotics system that tracks movement and triggers intrusion alerts. Courtesy of Undaunted
This robot includes two-way audio capabilities and a two and 1/2-hour battery life. Courtesy of Undaunted
Subtitle
Robotic tech is cheaper, less risky security alternative for developing downtown blocks, supporters say
Neighborhood
Downtown
Background Image
Image
Associated Project
Hotel Row – Newport RE
Before/After Images
Sponsored Post
Off
Westside Paper project pivots from empty office space, finds takers
Westside Paper project pivots from empty office space, finds takers
Westside Paper project pivots from empty office space, finds takers
Josh Green
Wed, 01/22/2025 – 10:42
After delivering at the tail end of the COVID-19 pandemic, the latest adaptive-reuse district west of Midtown soon found itself trying to sell ice to Eskimos, as the saying goes, with its heavy emphasis on office space (albeit really cool office space) in a saturated market.
For nearly the first full year after opening, Westside Paper inked not a single office lease.
Developers FCP and Westbridge set out to find a different tactic for stabilizing the 220,000-square-foot remake of a 70-year-old warehouse on the eastern fringes of the Howell Station neighborhood.
With a strategy lead by Atlanta-based commercial real estate vets Bridger Properties, the focus at Westside Paper shifted to larger-format retail tenants, with a specific emphasis on wellness, showroom, and other commercial users.
That shift appears to have paid off.
Westside Paper signed more than 113,000 square feet of new leases in 2024, including with four major tenants, which project reps this week described as a “remarkable feat” in a challenged market “where many projects stalled or reverted to lenders.”
The latest leasing win at Westside Paper is Carbon Performance, a Nashville-based boutique fitness brand that will build a 33,500-square-foot wellness facility described as cutting-edge. It’s scheduled to open this summer.
Courtesy of Westside Paper
Carbon Performance provides strength training, cardio equipment, and classes that include boot camps, Pilates, and yoga, personal and group training sessions, and youth performance programs. Elsewhere, wellness amenities are set to include cold plunges, infrared saunas, and a café with smoothie bar.
Other significant, recent leases at Westside Paper include: a 50,000-square-foot showroom from Construction Resources, a Home Depot company; a 13,000-square-foot event venue called The Dogwood by Atlanta’s largest caterer, Proof of the Pudding; and a 24,500-square-foot padel facility by Brooklyn-based Padel Haus, which project reps call the first of its kind in Atlanta.
“Our team continues to bring best-in-class companies to Westside Paper,” Chris Faussemagne, Westbridge’s managing partner, said in an announcement. “We recognized Carbon Performance’s success in Nashville and saw an opportunity to introduce a comprehensive fitness and wellness offering that’s underrepresented in Atlanta.”
Westbridge noted the gym concept will be complemented by the new Atlanta Beltline spur trail that’s opened alongside Westside Paper, providing a direct, off-street link to downtown and the mainline Beltline loop.
How the new Westside Paper Spur Trail passes behind the mixed-use district (at left) of the same name today, with QTS’ expanded data center at right.Contributed photo
The 15-acre redevelopment at 950 West Marietta St. continued the adaptive-reuse trend west of Midtown started in the nineties with King Plow—located across the street—and continued by projects like Westside Provisions District and more recently The Works.
Meanwhile, the Westside Paper retail lineup includes Dumpling Factory; breakfast hotspot Pancake Social; a traditional taqueria from chef Santiago Gomez called El Santo Gallo; and Ancestral Bottle Shop + Market, a venture by restauranteur Roxana Aguirre that focuses on Mexican spirits and South American wines. Elsewhere, homegrown favorites King of Pops operate a walk-up outpost with pops, soft serve, pop-tails, and slush-tails, plus beer and wine.
Boxcar Betty’s, Bar Diver, Glide Pizza, and the second location of Grant Park’s former Elsewhere Brewing are among Westside Paper concepts that have closed or never opened.
The property currently includes 632 parking spaces. But a section of that might be a placeholder, in that it could be replaced with hundreds of apartments in a future Westside Paper phase, as plans filed with the city in 2022 indicate.
As seen in 2023, the property’s future Beltline spur frontage (below) with evolving Atlanta skylines in the distance.Urbanize Atlanta; 2023
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Howell Station news, discussion (Urbanize Atlanta)
Courtesy of Westside Paper
How the new Westside Paper Spur Trail passes behind the mixed-use district (at left) of the same name today, with QTS’ expanded data center at right.Contributed photo
As seen in September 2023, how the taller Westside Paper office component stands over retail corridors.
Urbanize Atlanta; 2023
As seen in 2023, the property’s future Beltline spur frontage (below) with evolving Atlanta skylines in the distance.Urbanize Atlanta; 2023
Overlooking the Westside Paper retail cove. Urbanize Atlanta; 2023
Westside Paper project pivots from empty office space, finds takers
Josh Green
Wed, 01/22/2025 – 10:42
After delivering at the tail end of the COVID-19 pandemic, the latest adaptive-reuse district west of Midtown soon found itself trying to sell ice to Eskimos, as the saying goes, with its heavy emphasis on office space (albeit really cool office space) in a saturated market.
For nearly the first full year after opening, Westside Paper inked not a single office lease.
Developers FCP and Westbridge set out to find a different tactic for stabilizing the 220,000-square-foot remake of a 70-year-old warehouse on the eastern fringes of the Howell Station neighborhood.
With a strategy lead by Atlanta-based commercial real estate vets Bridger Properties, the focus at Westside Paper shifted to larger-format retail tenants, with a specific emphasis on wellness, showroom, and other commercial users.
That shift appears to have paid off.
Westside Paper signed more than 113,000 square feet of new leases in 2024, including with four major tenants, which project reps this week described as a “remarkable feat” in a challenged market “where many projects stalled or reverted to lenders.”
The latest leasing win at Westside Paper is Carbon Performance, a Nashville-based boutique fitness brand that will build a 33,500-square-foot wellness facility described as cutting-edge. It’s scheduled to open this summer.
Courtesy of Westside Paper
Carbon Performance provides strength training, cardio equipment, and classes that include boot camps, Pilates, and yoga, personal and group training sessions, and youth performance programs. Elsewhere, wellness amenities are set to include cold plunges, infrared saunas, and a café with smoothie bar.
Other significant, recent leases at Westside Paper include: a 50,000-square-foot showroom from Construction Resources, a Home Depot company; a 13,000-square-foot event venue called The Dogwood by Atlanta’s largest caterer, Proof of the Pudding; and a 24,500-square-foot padel facility by Brooklyn-based Padel Haus, which project reps call the first of its kind in Atlanta.
“Our team continues to bring best-in-class companies to Westside Paper,” Chris Faussemagne, Westbridge’s managing partner, said in an announcement. “We recognized Carbon Performance’s success in Nashville and saw an opportunity to introduce a comprehensive fitness and wellness offering that’s underrepresented in Atlanta.”
Westbridge noted the gym concept will be complemented by the new Atlanta Beltline spur trail that’s opened alongside Westside Paper, providing a direct, off-street link to downtown and the mainline Beltline loop.
How the new Westside Paper Spur Trail passes behind the mixed-use district (at left) of the same name today, with QTS’ expanded data center at right.Contributed photo
The 15-acre redevelopment at 950 West Marietta St. continued the adaptive-reuse trend west of Midtown started in the nineties with King Plow—located across the street—and continued by projects like Westside Provisions District and more recently The Works.
Meanwhile, the Westside Paper retail lineup includes Dumpling Factory; breakfast hotspot Pancake Social; a traditional taqueria from chef Santiago Gomez called El Santo Gallo; and Ancestral Bottle Shop + Market, a venture by restauranteur Roxana Aguirre that focuses on Mexican spirits and South American wines. Elsewhere, homegrown favorites King of Pops operate a walk-up outpost with pops, soft serve, pop-tails, and slush-tails, plus beer and wine.
Boxcar Betty’s, Bar Diver, Glide Pizza, and the second location of Grant Park’s former Elsewhere Brewing are among Westside Paper concepts that have closed or never opened.
The property currently includes 632 parking spaces. But a section of that might be a placeholder, in that it could be replaced with hundreds of apartments in a future Westside Paper phase, as plans filed with the city in 2022 indicate.
As seen in 2023, the property’s future Beltline spur frontage (below) with evolving Atlanta skylines in the distance.Urbanize Atlanta; 2023
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Howell Station news, discussion (Urbanize Atlanta)
Tags
950 West Marietta Street NW
Westside Paper
Third & Urban
Bridger Properties
Merritt Lancaster
West Midtown
Knight Park
Westside BeltLine Connector
Federal Capital Partners
FCP
Outer Realm
Cushman & Wakefield
Puritan Mill
Chris Faussemagne
Pancake Social
Glide Pizza
Girl Diver
Octane Coffee
Boxcar Betty’s
Smith Hanes Interiors
QTS
QTS Data Centers
El Santo Gallo
Ancestral Bottle Shop + Market
King of Pops
Construction Resources
Padel House
Proof of the Pudding
The Dogwood
Carbon Performance
Images
Courtesy of Westside Paper
How the new Westside Paper Spur Trail passes behind the mixed-use district (at left) of the same name today, with QTS’ expanded data center at right.Contributed photo
As seen in September 2023, how the taller Westside Paper office component stands over retail corridors.
Urbanize Atlanta; 2023
As seen in 2023, the property’s future Beltline spur frontage (below) with evolving Atlanta skylines in the distance.Urbanize Atlanta; 2023
Overlooking the Westside Paper retail cove. Urbanize Atlanta; 2023
Subtitle
Latest signing is 33,500-square-foot, Nashville-based fitness center
Neighborhood
Howell Station
Background Image
Image
Associated Project
Westside Paper – 950 West Marietta
Before/After Images
Sponsored Post
Off Read More
Westside Paper project pivots from empty office space, finds takers
Josh Green
Wed, 01/22/2025 – 10:42
After delivering at the tail end of the COVID-19 pandemic, the latest adaptive-reuse district west of Midtown soon found itself trying to sell ice to Eskimos, as the saying goes, with its heavy emphasis on office space (albeit really cool office space) in a saturated market.
For nearly the first full year after opening, Westside Paper inked not a single office lease.
Developers FCP and Westbridge set out to find a different tactic for stabilizing the 220,000-square-foot remake of a 70-year-old warehouse on the eastern fringes of the Howell Station neighborhood.
With a strategy lead by Atlanta-based commercial real estate vets Bridger Properties, the focus at Westside Paper shifted to larger-format retail tenants, with a specific emphasis on wellness, showroom, and other commercial users.
That shift appears to have paid off.
Westside Paper signed more than 113,000 square feet of new leases in 2024, including with four major tenants, which project reps this week described as a “remarkable feat” in a challenged market “where many projects stalled or reverted to lenders.”
The latest leasing win at Westside Paper is Carbon Performance, a Nashville-based boutique fitness brand that will build a 33,500-square-foot wellness facility described as cutting-edge. It’s scheduled to open this summer.
Courtesy of Westside Paper
Carbon Performance provides strength training, cardio equipment, and classes that include boot camps, Pilates, and yoga, personal and group training sessions, and youth performance programs. Elsewhere, wellness amenities are set to include cold plunges, infrared saunas, and a café with smoothie bar.
Other significant, recent leases at Westside Paper include: a 50,000-square-foot showroom from Construction Resources, a Home Depot company; a 13,000-square-foot event venue called The Dogwood by Atlanta’s largest caterer, Proof of the Pudding; and a 24,500-square-foot padel facility by Brooklyn-based Padel Haus, which project reps call the first of its kind in Atlanta.
“Our team continues to bring best-in-class companies to Westside Paper,” Chris Faussemagne, Westbridge’s managing partner, said in an announcement. “We recognized Carbon Performance’s success in Nashville and saw an opportunity to introduce a comprehensive fitness and wellness offering that’s underrepresented in Atlanta.”
Westbridge noted the gym concept will be complemented by the new Atlanta Beltline spur trail that’s opened alongside Westside Paper, providing a direct, off-street link to downtown and the mainline Beltline loop.
How the new Westside Paper Spur Trail passes behind the mixed-use district (at left) of the same name today, with QTS’ expanded data center at right.Contributed photo
The 15-acre redevelopment at 950 West Marietta St. continued the adaptive-reuse trend west of Midtown started in the nineties with King Plow—located across the street—and continued by projects like Westside Provisions District and more recently The Works.
Meanwhile, the Westside Paper retail lineup includes Dumpling Factory; breakfast hotspot Pancake Social; a traditional taqueria from chef Santiago Gomez called El Santo Gallo; and Ancestral Bottle Shop + Market, a venture by restauranteur Roxana Aguirre that focuses on Mexican spirits and South American wines. Elsewhere, homegrown favorites King of Pops operate a walk-up outpost with pops, soft serve, pop-tails, and slush-tails, plus beer and wine.
Boxcar Betty’s, Bar Diver, Glide Pizza, and the second location of Grant Park’s former Elsewhere Brewing are among Westside Paper concepts that have closed or never opened.
The property currently includes 632 parking spaces. But a section of that might be a placeholder, in that it could be replaced with hundreds of apartments in a future Westside Paper phase, as plans filed with the city in 2022 indicate.
As seen in 2023, the property’s future Beltline spur frontage (below) with evolving Atlanta skylines in the distance.Urbanize Atlanta; 2023
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Howell Station news, discussion (Urbanize Atlanta)
Tags
950 West Marietta Street NW
Westside Paper
Third & Urban
Bridger Properties
Merritt Lancaster
West Midtown
Knight Park
Westside BeltLine Connector
Federal Capital Partners
FCP
Outer Realm
Cushman & Wakefield
Puritan Mill
Chris Faussemagne
Pancake Social
Glide Pizza
Girl Diver
Octane Coffee
Boxcar Betty’s
Smith Hanes Interiors
QTS
QTS Data Centers
El Santo Gallo
Ancestral Bottle Shop + Market
King of Pops
Construction Resources
Padel House
Proof of the Pudding
The Dogwood
Carbon Performance
Images
Courtesy of Westside Paper
How the new Westside Paper Spur Trail passes behind the mixed-use district (at left) of the same name today, with QTS’ expanded data center at right.Contributed photo
As seen in September 2023, how the taller Westside Paper office component stands over retail corridors.
Urbanize Atlanta; 2023
As seen in 2023, the property’s future Beltline spur frontage (below) with evolving Atlanta skylines in the distance.Urbanize Atlanta; 2023
Overlooking the Westside Paper retail cove. Urbanize Atlanta; 2023
Subtitle
Latest signing is 33,500-square-foot, Nashville-based fitness center
Neighborhood
Howell Station
Background Image
Image
Associated Project
Westside Paper – 950 West Marietta
Before/After Images
Sponsored Post
Off
Federal government real estate portfolio could be a target of Trump cost-cutting efforts
Federal government real estate portfolio could be a target of Trump cost-cutting efforts
A significant number of General Services Administration leases are set to expire during President Trump’s second term in the White House.
A significant number of General Services Administration leases are set to expire during President Trump’s second term in the White House. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
A significant number of General Services Administration leases are set to expire during President Trump’s second term in the White House.
Federal government real estate portfolio could be a target of Trump cost-cutting efforts
Federal government real estate portfolio could be a target of Trump cost-cutting efforts
A significant number of General Services Administration leases are set to expire during President Trump’s second term in the White House.
A significant number of General Services Administration leases are set to expire during President Trump’s second term in the White House. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
A significant number of General Services Administration leases are set to expire during President Trump’s second term in the White House.
Demolition to Start on Shuttered Atlanta Medical Center
Demolition to Start on Shuttered Atlanta Medical Center
The wrecking ball is coming for the Atlanta Medical Center. The Integral Group hired a contractor to tear down the Atlanta Medical Center. Integral and Wellstar Health System, the building owners, planning to replace the shuttered hospital with a mixed-use community that includes housing, retail, and health facilities. Ferma Corp. is leading the demolition team. The job is expected to take most of 2025. The development team will present its detailed plans once the space has been flattened.
The city worked with engineering firm Kimley-Horn to determine the highest and best use for the property. Their conceptual plan called for more than 2 million square feet of housing, along with several hundred thousand square feet of retail and other commercial uses.
Wellstar closed Atlanta Medical Center in November 2022. Wellstar leaders said the hospital system was forced to close because falling revenue and increasing costs put its finances at risk.
The post Demolition to Start on Shuttered Atlanta Medical Center appeared first on Connect CRE.
The wrecking ball is coming for the Atlanta Medical Center. The Integral Group hired a contractor to tear down the Atlanta Medical Center. Integral and Wellstar Health System, the building owners, planning to replace the shuttered hospital with a mixed-use community that includes housing, retail, and health facilities. Ferma Corp. is leading the demolition team. …
The post Demolition to Start on Shuttered Atlanta Medical Center appeared first on Connect CRE. Read MoreAtlanta Commercial Real Estate News
The wrecking ball is coming for the Atlanta Medical Center. The Integral Group hired a contractor to tear down the Atlanta Medical Center. Integral and Wellstar Health System, the building owners, planning to replace the shuttered hospital with a mixed-use community that includes housing, retail, and health facilities. Ferma Corp. is leading the demolition team. …
The post Demolition to Start on Shuttered Atlanta Medical Center appeared first on Connect CRE.
Fort McPherson Redevelopment Plan Taking Shape
Fort McPherson Redevelopment Plan Taking Shape
Ambitious plans for the redevelopment of Fort McPherson outside Atlanta are becoming clearer.
An application with a state planning agency proposes turning 96 acres of developable land at the Fort McPherson base, or Fort Mac, into a multi-phase project that leans heavily into commercial and office space.
Urbanize Atlanta reports the project, called TD Jakes—Fort Mac Village One, has plans in its initial phase for 105,000 square feet of commercial space, 84,300 square feet of offices, and about 85,000 square feet for senior living. Another 36,000 square feet would be devoted to food service.
Later phases include 900 multifamily dwellings, 200 townhomes, 181 standalone houses, and a 207-room hotel with rental units.
The estimated completion date for the first phase is listed as 2028.
The project’s developer is listed as a Dallas-based LLC called Fort Mac Village One.
The post Fort McPherson Redevelopment Plan Taking Shape appeared first on Connect CRE.
Ambitious plans for the redevelopment of Fort McPherson outside Atlanta are becoming clearer. An application with a state planning agency proposes turning 96 acres of developable land at the Fort McPherson base, or Fort Mac, into a multi-phase project that leans heavily into commercial and office space. Urbanize Atlanta reports the project, called TD Jakes—Fort …
The post Fort McPherson Redevelopment Plan Taking Shape appeared first on Connect CRE. Read MoreAtlanta Metro Commercial Real Estate News
Ambitious plans for the redevelopment of Fort McPherson outside Atlanta are becoming clearer. An application with a state planning agency proposes turning 96 acres of developable land at the Fort McPherson base, or Fort Mac, into a multi-phase project that leans heavily into commercial and office space. Urbanize Atlanta reports the project, called TD Jakes—Fort …
The post Fort McPherson Redevelopment Plan Taking Shape appeared first on Connect CRE.
Interlock developer names commercial real estate veteran SVP of multifamily division
Interlock developer names commercial real estate veteran SVP of multifamily division
An Atlanta-based CRE firm has named a new multifamily leader.
An Atlanta-based CRE firm has named a new multifamily leader. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
An Atlanta-based CRE firm has named a new multifamily leader.
Interlock developer names commercial real estate veteran SVP of multifamily division
Interlock developer names commercial real estate veteran SVP of multifamily division
An Atlanta-based CRE firm has named a new multifamily leader.
An Atlanta-based CRE firm has named a new multifamily leader. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
An Atlanta-based CRE firm has named a new multifamily leader.