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  #41  
Old Posted Mar 2, 2014, 12:19 AM
bryantm3 bryantm3 is offline
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wow!! thanks! i re-posted this on city-data so more people can hear about it.

the only thing they missed is that 'grand' entrance below the smaller window along decatur street. you can see it in the top left historical photo. that would be really cool to come back with, but even as-is this is a fantastic comeback for that building. i'm glad to see this happening.
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  #42  
Old Posted Mar 2, 2014, 7:37 AM
bryantm3 bryantm3 is offline
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two more questions though— first, will the walgreen's have a 'lunch counter' like the old pharmacies used to? second, what currently occupies the second floor, and what will occupy the second floor after the renovation?
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  #43  
Old Posted Mar 2, 2014, 3:08 PM
smArTaLlone smArTaLlone is offline
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I think this looks fantastic!

Quote:
Originally Posted by Terminus View Post
Here are some renderings of the Olympia Building adaptive reuse project in Downtown. It's certainly not a skyscraper, but in a city where "historic preservation" is a four letter word, it's extremely significant.

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  #44  
Old Posted Mar 2, 2014, 3:26 PM
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Terminus Terminus is offline
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Originally Posted by bryantm3 View Post
two more questions though— first, will the walgreen's have a 'lunch counter' like the old pharmacies used to? second, what currently occupies the second floor, and what will occupy the second floor after the renovation?
Walgreens will occupy all three floors (basement, ground floor, second floor). In keeping with the zoning, they have agreed not to put any shelves in front of windows, so you'll be able to look into the store from all sides.

There is no lunch counter, but at least 25% of their sales must be grocery items to comply with their grocer alcohol license. The majority of the first floor will likely be dedicated to this.
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  #45  
Old Posted Mar 2, 2014, 6:46 PM
arjay57 arjay57 is offline
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Terrific! This is an outstanding restoration on a lovely old building. I think it will really help the Five Points area.

(When I was little we would sometimes meet my dad downtown after work -- my sister and I called this the Wormy Hat building. We thought that was hilarious).
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  #46  
Old Posted Mar 2, 2014, 11:13 PM
jpk1292000 jpk1292000 is offline
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Originally Posted by smArTaLlone View Post
I think this looks fantastic!
This is fantastic. Hopefully it kicks off a revitalization in that area.
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  #47  
Old Posted Mar 3, 2014, 12:12 AM
TarHeelJ TarHeelJ is offline
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Originally Posted by jpk1292000 View Post
This is fantastic. Hopefully it kicks off a revitalization in that area.
That area is actually very vital already, with the exception of this vacant building. It's a busy pedestrian intersection with residential and shops along Peachtree, Marrietta, Decatur, and Broad...and Georgia State buildings and students galore.

I have long wished for someone to revive Olympia. Glad it's finally happening!
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  #48  
Old Posted Mar 3, 2014, 12:20 AM
jpk1292000 jpk1292000 is offline
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Originally Posted by TarHeelJ View Post
That area is actually very vital already, with the exception of this vacant building. It's a busy pedestrian intersection with residential and shops along Peachtree, Marrietta, Decatur, and Broad...and Georgia State buildings and students galore.

I have long wished for someone to revive Olympia. Glad it's finally happening!
It certainly is a vital area, with plenty of foot traffic. My comment was that I hope the Walgreens brings higher quality retail to the area.
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  #49  
Old Posted Mar 3, 2014, 2:35 AM
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Quote:
Originally Posted by jpk1292000 View Post
It certainly is a vital area, with plenty of foot traffic. My comment was that I hope the Walgreens brings higher quality retail to the area.
Agreed, now all we need is the streetcar to go along peachtree and this will be great
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  #50  
Old Posted Mar 3, 2014, 5:55 AM
TarHeelJ TarHeelJ is offline
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Quote:
Originally Posted by jpk1292000 View Post
It certainly is a vital area, with plenty of foot traffic. My comment was that I hope the Walgreens brings higher quality retail to the area.
Maybe it's a start...quality retail is something our downtown is lacking, and adding more residential should help.
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  #51  
Old Posted Mar 3, 2014, 2:49 PM
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daharris80 daharris80 is offline
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Walgreens has done a historic building retrofit in Chicago. http://blog.chicagoarchitecture.info...bank-building/

Last fall while in Chicago I happened into the Walgreens at the Noel State Bank without knowing that it was anything other than an ordinary Walgreens. If their execution is at the Olympia building anything close to the quality of their work at the Noel State Bank Building this will be a great addition.
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  #52  
Old Posted Mar 3, 2014, 3:18 PM
arjay57 arjay57 is offline
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Quote:
Originally Posted by daharris80 View Post
Walgreens has done a historic building retrofit in Chicago. http://blog.chicagoarchitecture.info...bank-building/
Kudos to Walgreens for that. Very nice!

Re the Olympia Building, if the net lot area is 10,225 sf and the FAR is .89, does that mean each floor has about 9,000 sf?

If so and they are using the basement and the two floors above ground, that makes for a substantial retail space.

According to Walgreens website, this is their typical store:
Total size: 14,530 square feet
Sales area: 11,261 square feet
Items for sale: 18,000
Employees: 20-25
Annual sales: $8.5 million
This would be roughly twice that size!
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  #53  
Old Posted Mar 3, 2014, 4:57 PM
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Quote:
Originally Posted by arjay57 View Post
Kudos to Walgreens for that. Very nice!

Re the Olympia Building, if the net lot area is 10,225 sf and the FAR is .89, does that mean each floor has about 9,000 sf?

If so and they are using the basement and the two floors above ground, that makes for a substantial retail space.

According to Walgreens website, this is their typical store:
Total size: 14,530 square feet
Sales area: 11,261 square feet
Items for sale: 18,000
Employees: 20-25
Annual sales: $8.5 million
This would be roughly twice that size!
The FAR is really 2.0 (100% lot coverage on 2 above-ground floors). The only reason the plan says 0.89 is because they've calculated incorrectly and included 1/2 the adjacent ROW.
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  #54  
Old Posted Mar 3, 2014, 9:40 PM
arjay57 arjay57 is offline
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Quote:
Originally Posted by Terminus View Post
The FAR is really 2.0 (100% lot coverage on 2 above-ground floors). The only reason the plan says 0.89 is because they've calculated incorrectly and included 1/2 the adjacent ROW.
Ah, thanks, Terminus.

I'm looking forward to seeing this store open. Do you know of the interiors are in decent shape? Or is all that coming out anyway?
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  #55  
Old Posted Mar 4, 2014, 2:55 AM
Atlanta3000 Atlanta3000 is offline
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Another Add to the List - Centergy North



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  #56  
Old Posted Mar 4, 2014, 11:09 AM
smArTaLlone smArTaLlone is offline
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Originally Posted by Atlanta3000 View Post
Another Add to the List - Centergy North
Not so much. This was an attempt to market the property to potential office tenants several years ago. As you can see, the northern part of that property has been sold and is where the student apartments are now under construction. "Centergy North" is now also the proposed student apartment tower on the same block.
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  #57  
Old Posted Mar 4, 2014, 1:37 PM
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  #58  
Old Posted Mar 4, 2014, 2:03 PM
Atlanta3000 Atlanta3000 is offline
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Originally Posted by smArTaLlone View Post
Not so much. This was an attempt to market the property to potential office tenants several years ago. As you can see, the northern part of that property has been sold and is where the student apartments are now under construction. "Centergy North" is now also the proposed student apartment tower on the same block.
There is a lot more planned for this site than 1 or 2 housing towers.
  • Submarket: Midtown, Atlanta
  • Total Land Area: 7.15 acres
  • Zoning: SPI-16 Mixed Use/High Density
  • Floor Area Ratio: 10.2
  • Frontage: I-75/85 - 600 ft
  • Approved Density: 2,266 residential units

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  #59  
Old Posted Mar 4, 2014, 2:16 PM
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AtlantaMustang AtlantaMustang is offline
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Quote:
Originally Posted by Atlanta3000 View Post
There is a lot more planned for this site than 1 or 2 housing towers.
He didn't say that it's only student apartments. Those obviously take up pieces of the lot shown in that graphic. The point is that that plan is not happening, which I'm happy about.
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  #60  
Old Posted Mar 4, 2014, 3:37 PM
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I wont be surprised that area would be dense before 2020
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