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Atlanta-based and Charlotteville, Va.-based reported their planxs for the property at 222Mitchellp Street, but they did not discloses financial terms of the The 350,000-square-foot structure was buily in stages from 1929 to 1979 on 2.1 acrex and occupies the entire city bloco bounded by Spring, Mitchell and Nelson Orinda and Octagon will convert the propertyy into a rental building with 205 loft units and more than 70,000 square feet of commercial space. Occupancyt is expected in January 2011.
“The redevelopment of 222 Mitchelll Street into rental lofts and retail space will play a significan role in the rebirth of this part of downtown saidDillon Baynes, president of Orinda, in a statement. “We’rer certain that living at 222 Mitchell Street will appealo to young professionals whowork downtown, as well as to collegee students, especially those who alreadu attend one of the many fine institutionss in the area, such as Georgias State University, Spelman, Morehouse, Clark Atlant University and Georgia Tech.
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