A development group that includes Tin Drum Asian Kitchen founder Steven Chan will redevelop a 66-year-old Avondale Estates property into a mixed-use, 25,000-square-foot makers’ building expected to open in January, it tells What Now Atlanta.
Named Olive & Pine, the $5.5 million project will mostly feature a mix office space, which could be leased to a specialty service company like a co-working company or salon, and a group of food-and-beverage tenants, according to Chan, who also holds a master’s degree in architecture. It will take shape at 6 Olive St., across Franklin Street from Little Tree Art Studios, and likely hold 10 tenants when it’s up and running.
“Our collective intent, between Olive & Pine, Little Tree Art Studios, and the city of Avondale Estates, [is to] make that sort of like a piazza, a plaza, for the community to enjoy,” Chan told What Now Atlanta.
The restaurant entrepreneur said a primary goal of the development is to keep the space affordable for its future small tenants. Though he declined to say exactly how affordable, development plans call for keeping costs low through several measures. Project design features ample use of shared spaces and leaves much of the existing building – occupied by mechanical engineering company Mann Mechanical for most of its existence – intact.
“Olive & Pine understands what works for tenants, from leasehold investment to all-inclusive life cycle expenses, support, and marketing,” marketing materials for the project read. “We will work hand in hand with you to realize your ideal space.”
Rounding out the project owner and development company, 6 Olive Development LLC, is Metro Green Construction President Cole Vickers and Andrew Rutledge and Danny England, principles of architectural firm Office of Design, which is collaborating with Chan’s firm Lan Hong Studio on the design of Olive & Pine. The site was purchased by the LLC for $1.6 million last year, according to Chan.
The team is holding a pop-up event on Sunday at 11:30 a.m. with a lineup featuring Foodcation Forever, Seoul Chikin, and several others. The intent, according to Chan, is mostly to have fun.
“I’ve been looking for property in the Avondale Estates area for a while,” he said.