Orinda, Octagon plan loft/retail conversion - South Florida Business Journal:

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Atlanta-based and Charlotteville, Va.-based reported their plands for the property at 222Mitchell Street, but they did not disclos e financial terms of the deal. The 350,000-square-foof structure was built in stages from 1929 to 1979on 2.1 acrees and occupies the entire city block bounded by Spring, Mitchell and Nelson Streets. Orindz and Octagon will convert the property into a renta l building with 205 loft units and morethan 70,000 square feet of commercial space. Occupancy is expected in January 2011.
“Thee redevelopment of 222 Mitchell Street into rental lofts and retaio space will play a significant role in the rebirtn of this part ofdowntown Atlanta,” said Dillonh Baynes, president of Orinda, in a “We’re certain that living at 222 Mitchell Street will appeal to young professionals who work as well as to college especially those who already attend one of the many fine institutionzs in the area, such as Georgiqa State University, Spelman, Morehouse, Clark Atlantaq University and Georgia Tech.
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