Construction of the Stockyards project, west of Georgia Tech, has started, and the development team said this week it has signed agreements with new tenants in its mix of retail and office space.
Developers Federal Capital Partners and Westbridge Partners said the project, the conversion of three aging warehouses at Brady Avenue and 10th Street into high-end retail and loft office space, is now 65 percent leased. The partners said the new tenants include a flooring showroom by Mannington Mills, offices for a trio of related creative agencies and a to-be-announced new restaurant concept from Charleston.
Marketing and creative agencies Fitzgerald & CO. and Momentum Worldwide and public relations firm Weber Shandwick — which are all corporate cousins under McCann Worldgroup — will share about 43,000 square feet of space, the developers said. It’s part of a wave of creative reuses of old industrial buildings, such as White Provisions, Ponce City Market and Armour Yards.
The supply of available office space around metro Atlanta has gotten tight, and a number of companies — both smaller startups and larger established firms — are seeking digs in unique settings.
“The overwhelming interest and activity at Stockyards is reflective of a national trend where businesses appreciate the vibrancy and authenticity of highly amenitized, infill, adaptive reuse projects that live differently from traditional business districts,” Chris Faussemagne, an executive with Westbridge Partners, said in a news release.
A duckpin bowling alley and pub called The Painted Duck was previously announced. The complex is expected to open early next year.