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Chilling in the Mountains

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Business Briefs

Developer Jamestown plans to expand Ponce City Market in the Old Fourth Ward with new buildings, including residential, office space and a proposed hotel. Two new buildings are planned alongside the Atlanta Beltline’s Eastside Trail: one for residential and the other geared toward tech companies seeking work space. The surface parking lot at the corner of Ponce de Leon Avenue and Glen Iris Drive might become a hotel, while a new building is also being considered for the courtyard facing North Avenue –possibly an Apple store.

Jamestown spent millions transforming the historic, century-old former Sears, Roebuck & Company building into a mixed-use development with high-end retail, restaurants, offices and apartments.

The Stockyards development in West Midtown has landed a 19,000 square-foot lease with New York-based co-working provider, Industrious. Stockyards, a joint venture between Federal Capital Partners and Westbridge, is adapting three historic warehouses into a 142,500 square-foot mixed-use project. The development is now 75 percent pre-leased ahead of the completion of phase one, which will be delivered later this summer. The co-working company joins Fitzgerald and Co. and Momentum Worldwide, both owned by InterPublic Group; Mannington Mills Inc., and Donetto, a new restaurant concept from The Indigo Road. The Painted Duck, a sister concept to the Painted Pin in Buckhead, signed a 24,500 square foot. Both Donetto and The Painted Duck plan to open later this summer. Stockyards occupies three acres on the corner of 10th Street and Brady Avenue in West Midtown.

C.H. Robinson recently signed an eight-year lease and will be moving its Atlanta offices to the Fairlie-Poplar district in Downtown. The logistics provider plans to hire approximately 550 people in the Atlanta market over the next eight years. With the move, the company’s footprint will increase to nearly 40,000 square feet of office space and 135,000 square feet of leased warehouse space.

Select Shades - A Sunglass Experience is open at Inman Quarter on North Highland Avenue in Inman Park. The shop offers well-known and designer shades by Ray-Ban, Marc Jacobs, Kate Spade, Burberry, Tom Ford, Dior, Gucci and many more. For more information, visit selectshades.com.

Portman Holdings has revealed plans and renderings for two new towers at Technology Square in Midtown. Portman officials unveiled the high-rise project at 740 West Peachtree Street at the Midtown Development Review Committee (DRC) meeting on July 18. The development will feature two independent towers built above a parking podium for 1,100 cars on approximately 1.7 acres along West Peachtree Street, between 3rd and 4th Streets. The first tower is 350,000 square feet of office space with 5,500 square feet for two bank branches and about 1,800 square feet for retail. The second tower includes another 250,000 square feet of office space, with 140 apartments on the upper floors. The ground floor of the second tower will provide around 5,000 square feet of retail space, with an emphasis on food and beverage. The two new towers would be located just south of the 21-story Coda development, expected to open in 2019, which will feature office and research space for Georgia Tech and the private sector. The development, which incorporates the historic Crum & Forster building facade, will also have a highperformance data center for research and development.

Home goods shop Serena & Lily will open its first brick-and-mortar store in the southeast this fall at the Westside Provisions District in the space once occupied by Star Provisions. The 2,700 square-foot design shop will feature samples of every style from Serena & Lily’s signature bedding, original textiles, wallpaper, rug collections and a curated assortment of furniture, lighting, outdoor furniture, upholstery and décor.