{"id":1004151263,"date":"2016-08-30T22:56:52","date_gmt":"2016-08-31T06:56:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004151263"},"modified":"2021-05-15T07:43:11","modified_gmt":"2021-05-15T15:43:11","slug":"stockyards-atlanta-breaks-ground-adds-to-tenant-roster","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/stockyards-atlanta-breaks-ground-adds-to-tenant-roster\/","title":{"rendered":"Stockyards Atlanta Breaks Ground, Adds to Tenant Roster"},"content":{"rendered":"<p><em>By Barbra Murray, Contributing Editor<\/em><\/p>\n<div id=\"attachment_1004151264\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Stockyards.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004151264\" data-attachment-id=\"1004151264\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/stockyards-atlanta-breaks-ground-adds-to-tenant-roster\/stockyards\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Stockyards.png\" data-orig-size=\"660,377\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Stockyards\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Stockyards.png?w=660\" loading=\"lazy\" class=\"wp-image-1004151264 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Stockyards.png\" alt=\"Stockyards Atlanta rendering\" width=\"300\" height=\"171\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Stockyards.png 660w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/Stockyards.png?resize=300,171 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004151264\" class=\"wp-caption-text\">Stockyards Atlanta rendering<\/p><\/div>\n<p><strong>Atlanta<\/strong>\u2014Three 19th Century warehouses in Atlanta will soon be reborn as Stockyards, a premier mixed-use destination, now that a joint venture between <a href=\"https:\/\/www.fcpdc.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Federal Capital Partners<\/a> and <a href=\"https:\/\/www.westbridgepartners.net\/\" target=\"_blank\" rel=\"nofollow noopener\">Westbridge Partners<\/a> has kicked off construction of the 135,000-square-foot adaptive reuse project.<\/p>\n<p>FCP and Westbridge are holding onto as much history as possible at Stockyards, which is located on the old rail lines in the city\u2019s West Midtown area. By reinventing the 1800s-era warehouses\u2014including two historic meat-packing buildings\u2014the joint venture is preserving one of the last remaining vestiges of the city\u2019s historic industrial core.<\/p>\n<p>But the only meat to be found at Stockyards will be in its restaurants. Ultimately, the project\u00a0will encompass 95,000 square feet of creative office space, 25,000 square feet of ground-level retail offerings and 13,000 square feet of restaurant space. Additionally, a 400-space parking facility will be erected on the site. FCP and Westbridge turned to architectural firm <a href=\"https:\/\/ai3online.com\/\" target=\"_blank\" rel=\"nofollow noopener\">ai3<\/a> to create this blend of old and new. Already, pre-leasing commitments have exceeded the 65 percent mark.<\/p>\n<p>\u201cThe 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,\u201d Chris Faussemagne, co-founder of Westbridge Partners, said in a prepared statement. \u201cThere are not many opportunities like this left.\u201d<\/p>\n<p>And the project is in the right place.\u00a0Atlanta falls into the \u201cprime hipness\u201d category of the Hip-O-Meter, as determined by commercial real estate services firm <a href=\"https:\/\/www.cushmanwakefield.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Cushman &amp; Wakefield<\/a> in a 2016 report.<\/p>\n<p>The list of companies that have staked an early claim to office space at Stockyards includes McCann Worldgroup, which has pre-leased 43,000 square feet for three of its subsidiaries: creative agency Fitzgerald &amp; CO, brand marketing agency Momentum Worldwide and global communications firm Weber Shandwick.\u00a0Among those on the retail roster are\u00a0a new eatery by The Indigo Road, and The Painted Duck, a pub-cum-bowling alley-cum gaming parlor.<\/p>\n<p>Office and retail users\u2014inking deals through Cushman &amp; Wakefield and Westbridge, respectively\u2014are clearly attracted to Stockyards, as is <a href=\"https:\/\/www.suntrust.com\/\" target=\"_blank\" rel=\"nofollow noopener\">SunTrust Bank<\/a>, which is senior lender for the project.<\/p>\n<p>With building activity well on its way under the direction of general contractor Gay Construction, Stockyards is on track to reach completion in the first quarter of 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the last remaining vestiges of the city\u2019s historic industrial core will be reborn as a premier mixed-use destination.<\/p>\n","protected":false},"author":969,"featured_media":1004151264,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21782,21808,21752,21742,21747,21749],"tags":[],"class_list":["post-1004151263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-development","category-featured","category-mixed-use","category-latest","category-office","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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