Discount store chain Five Below has submitted a building permit application to the City of Atlanta to convert the now-shuttered Pier 1, at 3232 Peachtree Rd Unit A1, adjacent to Marshall’s, into its newest store.
With plans to revamp the 11,641 square foot space, Five Below is estimated to invest around $400,000 in construction. The work outlined in the building permit application includes interior alteration and buildout for the new tenant mercantile use space, specifically designated as Five Below Suite C. The scope of the project also encompasses MEP (Mechanical, Electrical, Plumbing) work to ensure compliance with the necessary requirements for obtaining a Certificate of Occupancy.
The upcoming Five Below location is part of the Buckhead Place shopping center, which offers 150,000 square feet total including LA Fitness, Salon Studios, Collections by David’s Bridal, and Marshalls, according to a site plan for the center. It also includes 05 Buckhead, a 20 story luxury rental high rise, a Hyatt Place Hotel, and a 600 space parking deck.
Five Below has gained popularity across the nation for its wide range of trendy merchandise, all priced at $5 or less. From tech gadgets to fashion accessories, home decor to toys, Five Below offers an extensive selection that appeals to shoppers of all ages.
Founded in 2002 and headquartered in Philadelphia, Pennsylvania, Five Below today has nearly 1,200 stores in 40 states, according to the retailer’s website.
