Orinda, Octagon plan loft/retail conversion - New Mexico Business Weekly:

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Atlanta-based and Charlotteville, Va.-based reported their planes for the property at 222Mitchell Street, but they did not disclosre financial terms of the deal. The 350,000-square-footf structure was built in stagese from 1929 to 1979on 2.1 acre and occupies the entire city block boundede by Spring, Forsyth, Mitchell and Nelson Orinda and Octagon will convertr the property into a rental building with 205 loft unites and more than 70,000 squard feet of commercial space. Occupancy is expectex in January 2011.
“The redevelopment of 222 Mitchell Streetf into rental lofts and retail space will play a significan role in the rebirthu of this part ofdowntowhn Atlanta,” said Dillon Baynes, president of Orinda, in a “We’re certain that living at 222 Mitchell Street will appeal to youngb professionals who work downtown, as well as to college especially those who alreadyt attend one of the many fine institutions in the such as Georgia State University, Spelman, Clark Atlanta University and Georgiwa Tech.
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