Two historic buildings in the West End will be converted into office and retail space near the future site of the Atlanta Beltline’s Westside trail.
Atlanta-based developer Urban Realty Partners joined with investment firm RAF Capital and will retrofit the Cut Rate Box buildings into a 115,000 square-foot creative office space, according to a news release.
Credit: Cross-Town Realty
Credit: Cross-Town Realty
The $22 million revamp will be a part of The Murphy, a development that will sit near the intersection of the West End, Adair Park and Oakland City areas.
“We’ve always loved those buildings. We’ve had our eyes on them for years,” said Jason Eden, partner at Cross-Town Realty who brokered the deal.
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Eden said the development is part of “a historic tax credit deal in order to preserve those buildings.”
The warehouses date back to the early 1900s and had a variety of uses before becoming a box warehouse in 1973. Cut Rate Box has three locations in Atlanta, including their headquarters on Donnelly Avenue.
The space will keep the historic buildings’ original features, which include heavy timber construction and brick exterior.
“We love the West End and its proximity to the Beltline,” Eden said. “(We) wanted to save (the buildings) and have a way we can best use them.”
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Office space in the buildings will range from 12,000 to 15,000 square feet.
Eden said developers also plan to build two multifamily residences on the property. A 5,000 square-foot covered rooftop deck and a plaza area adjacent to the Beltline are also planned.
The development is expected to be complete by fall 2020.
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