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.
Philippe Pellerin 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…
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As a resident of Candler Park/ L5P I LOVE this idea! Happy to help drum up support to see it happen ASAP.
Wow, awesome location for something such as that. Also, what a coincidence, I had a some work done on a piece of furniture at that store back in 2010. They did awesome work.
Good luck to the new owners and new concept.
It’s cool to see more co-working finding it’s way into more residential areas. Many of the spaces are in areas like Buckhead and Midtown which are already business hubs and crowded. Many who work from home or small offices and want to co-work really want to find a space closer to where they live and this is definitely closer to many neighborhoods – Including mine!
What’s interesting is that we DO have a coworking space in Inman Park/O4W, right on the Atlanta Beltline. Right next door to Ladybird is a 14,000 sq ft coworking space called Alkaloid Networks. Loads of neighbors are there and have created a great community.
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