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Cheesecake Factory’s long-vacant, boarded-up building in Buckhead, at 3024 Peachtree Road, could soon see a wrecking ball. The Development Review Committee (DRC) for the district where the building sits on Wednesday, September 2 during a virtual meeting recommended that it be demolished.
“The committee recommends that the applicant demolish the existing building, underlying slab, and front patio area in their entirety leaving a smooth grassed area that is regularly maintained to ensure high-quality aesthetics along the Peachtree Road frontage,” according to a recap from the DRC.
Property Owner Peter Blum first approached the committee seeking to only fence the property while deciding if he will sell or redevelop the lot. The fence was requested as a way to deal with trespassers to the property. Blum, by way of his representative Norman Koplon during the meeting said he would consider the DRC’s recommendations, but that Blum’s original intentions were not to demolish the building.
Blum, who on Thursday was not reachable by What Now Atlanta for comment, in 2017 sold the adjacent site, which houses Restoration Hardware, for $33 million. Blum acquired the property in 1990 for a reported $3 million.