Residents in Inman Park, Virginia Highland and Candler Park in need of a closer coworking space may soon rejoice.
Little Five Points may soon feature a slightly different tenant than it is used to housing in the eclectic bohemian neighborhood.
of Pellerin Real Estate told What Now Atlanta in an email this week that he along with Jesse Clark of Clark Property Consulting will be closing on a building at 1188 McLendon this April.
The entire building is available for lease, however, Pellerin has had very strong interest from the coworking community to lease the entire building to one coworking operator.
Potential plans include 12 suites, common work area for 20-30 people and dedicated conference and break room amenities. The building’s exterior will be adorned with murals and a new orientation to take advantage of the visibility which being in the heart of Little Five Points affords the building.
Coworking spaces have been all the rage in Atlanta. Roam Buckhead has opened recently and WeWork in Buckhead is slated to open soon.
The property can’t feature a restaurant due to zoning, but Pellerin and Clark are optimistic about the office and retail potential of the property.
The building has sat vacant for years and before that was home to a woodworking shop for nearly 30 years.
Pellerin is also in the process of developing 1040 Grant.
Do you think a coworking space is much-needed in the neighborhood? What operator do you hope to see headlining the space? Tell us below…
3 Responses
It was very good of the author of the article to put the developers claim of “first transit-oriented development” in Atlanta into quotation marks.
Perhaps this developer has yet to see the transit-oriented development around the Lindbergh Marta station.
Perhaps this development is unaware of the transit-oriented development happening now near the Candler Park/Edgewood Marta station.
Perhaps this developer was not aware that Atlanta’s first planned suburb, Inman Park, was transit-oriented development with a streetcar line as part of the initial plan.
Perhaps when the developer said “first transit-oriented development” what he really was saying was “there will be absolutely no place to park”.
It’s brilliant to have Square Feet Studio design this project. Their spaces are so comfortable and gorgeous. I’m excited to have this on my street!
Love the idea, but to say it is great there will be no parking seems a bit disingenuous. If you already have to schlep your groceries a half a block because patrons are parked in front of your home, you will not be happy with additional harp patrons parked in front of your house. That’s just the way it is.