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

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Atlanta-based and Charlotteville, Va.-based reported theirr plans for the property at 222Mitchell Street, but they did not disclosd financial terms of the deal. The 350,000-square-foort structure was built in stagew from 1929 to 1979on 2.1 acrews and occupies the entire city block bounded by Spring, Forsyth, Mitchell and Nelsonh Streets. Orinda and Octagon will conver the property into a rental building with 205 loft unitds and morethan 70,000 square feet of commerciapl space. Occupancy is expected in January 2011.
“The redevelopment of 222 Mitchell Street into rental lofts and retail space will play a significanft role in the rebirth of this part of downtown saidDillon Baynes, presidentg of Orinda, in a statement. “We’re certaij that living at 222 Mitchell Street will appealk to young professionals who work as well as to college especially those who already attend one of the many fine institutions in the such as GeorgiaState University, Spelman, Morehouse, Clark Atlant a University and Georgia Tech.
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