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November 8, 2021

North Point Mall Going On A 'Retail Diet' With Redevelopment

What future developments will impact livability in ATL's urban core? Experts discuss Dec. 2

The new owners of North Point Mall are replacing some of its ocean of retail space with offices and apartments, one of a handful of high-profile redevelopments coming to North Fulton County.

North Point Mall Going On A 'Retail Diet' With Redevelopment

Trademark Property Co. plans to build 36 townhomes, 650 apartment units, a 150-room hotel, 330K SF of office and 30K SF of medical space at the North Point Mall property, according to a filing with the Georgia Department of Community Affairs, which evaluates real estate projects that have a…

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Seven Oaks To Turn Old Chamblee Warehouse Into Creative Offices

Seven Oaks To Turn Old Chamblee Warehouse Into Creative Offices

Chamblee warehouse is set to be turned into an office project as part of the city's efforts to revitalize its downtown.Seven Oaks Co. and Packard Capital have begun to redevelop 2135 American Industrial Way, a 36K SF warehouse on 2…

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Atlanta's Mayoral Runoff Could Come Down To Affordable Housing. Here's Where The Candidates Stand

Affordable housing and gentrification are likely to be front-and-center issues in this year’s Atlanta mayoral election, now down to its final two candidates, Atlanta City Council President Felicia Moore and Council Member Andre Dickens, who will square off in a Nov. 30 runoff.

Much of the build-up to Tuesday’s general election also centered on the increase in the city’s crime, but now that former Mayor Kasim Reed has conceded after running a close third behind Dickens, affordability is likely to come to the fore, said Charles Bullock, a professor of political science at the School for Public & International Affairs at the University of Georgia.

Atlanta's Mayoral Runoff Could Come Down To Affordable Housing. Here's Where The Candidates Stand

“Reed stressed during his campaign that the city was safer when he was mayor and he was going to restore that. They're not going to hear that message now,” Bullock said. “Questions about housing seem to be [the] No. 2 [campaign topic] anyway. Now it may get additional traction as…

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PODCAST: Office Owner Chris Schlank On Tenant 'Hubris' And The Future Of Office

 

In the latest installment of the "Bisnow Reports" podcast, Chris Schlank, the founder of private equity firm Savanna — best known for its New York City office investments — sat down to talk about the uncertain terrain facing owners of urban office buildings. 

Savanna owns about 7M SF of office space in New York City, and Schlank readily admits landlords like him are having a tough time right now. Workers aren’t coming back to the office as much as he had hoped, and even though companies are back looking for space, the demand in New York City is nowhere near enough to keep up with the new offices that are getting built.

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Red-Hot Lab Market Getting Cooled Down By Supply Chain Delays, Chip Shortages

The incredible surge in demand for life sciences real estate has recently been exacerbated by the supply chain challenges roiling so many industries, creating logistics anxieties and delaying long-anticipated completions of new lab space.

Developers, analysts and construction executives said these issues, complicated by the myriad items and materials that have been delayed in recent months, won’t go away anytime soon.

“It used to be, you’d gauge when you could start a project by when the drawings were done,” Dacon Director of Architectural Operations Jennifer Luoni said. “Now, it’s how fast you can order the equipment so it arrives in the next six months.” 

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