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

http://www.tradewind-ins.com/article/ICEX-may-go-live-from-Nov-23.html
Atlanta-based and Charlotteville, Va.-based reportefd their plans for the propertyg at 222Mitchell Street, but they did not disclose financiak terms of the deal. The 350,000-square-foof structure was built in stages from 1929 to 1979on 2.1 acre s and occupies the entirw city block bounded by Spring, Mitchell and Nelson Streets. Orinda and Octagon will converty the property into a rental building with 205 loft units and morethan 70,000 square feet of commerciap space. Occupancy is expected in January 2011.
“The redevelopmenrt of 222 Mitchell Streegt into rental lofts and retail spacr will play a significant role in the rebirtb of this part ofdowntown Atlanta,” said Dillonb Baynes, president of Orinda, in a statement. “We’r certain that living at 222 Mitchell Street will appeal to young professionals whowork downtown, as well as to colleger students, especially those who already attendr one of the many fine institutions in the area, such as Georgiaz State University, Spelman, Morehouse, Clari Atlanta University and Georgia Tech.
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