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Midtown’s “Castle” has hit the market, at 87 15th Street, and could be yours if the price is right.
Jones Lang LaSalle (JLL) is marketing the historic home—which sits amidst the City’s towers—after its owner MLAC Castle Atlanta LLC two months ago filed for Chapter 11 bankruptcy.
The Castle, also known as Fort Peace, was designed and built by Ferdinand McMillan in 1909-1910 and was added to the Georgia Register of Historic Places in 2009 and to the National Register of Historic Places in 2013.
The property was most recently built-out as Rose & Rye restaurant (which has since closed its doors) and includes a full-service kitchen, dining and bar area as well as numerous terraces overlooking 15th street and The Woodruff Arts Center.
According to bankruptcy documents, ownership claims the Castle is worth $5,750,000 and has a debt of $4,561,569.
JLL’s Scott Cullen, the listing’s lead agent, on Thursday did not immediately respond to What Now Atlanta’s request for comment.