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Underground redo could expand to Peachtree Street
The Atlanta Regional Commission said Tuesday it is in negotiations to move from one prominent downtown site to another.
The regional planning agency for the 10-county metro area said it has signed a letter of intent to lease new offices at Peachtree Center. The ARC and its 200 employees are currently based downtown at the United Way of Greater Atlanta headquarters campus on Edgewood Avenue.
The relocation is being spurred by United Way’s plan to market the office complex for potential future redevelopment. ARC could move, upon completion of lease negotiations, by next summer.
Kerry Armstrong, chairman of the ARC board and an executive with development firm Pope & Land, said in a news release the move fits with the ARC’s philosophy.
“Peachtree Center will provide us with expanded and enhanced amenities, including improved accessibility for those riding bus or rail transit, in a highly walkable area,” he said. “ARC has been working for decades to foster this kind of development throughout the Atlanta region.”
ARC will occupy about two-and-a-half floors in International Tower and will also control 9,000 square feet of conference and meeting space.
Peachtree Center owner Banyan Street Capital is in the process of an overhaul of the mall in the multi-tower mixed-use development, which was designed and developed by famed Atlanta architect John. C. Portman Jr.
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