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Historic Charm in Downtown Atlanta's Booming Retail District

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Historic Charm in Downtown Atlanta's Booming Retail District Historic charm in Downtown Atlanta’s booming retail district. Area Statistics Emergence of Georgia State University Population Total Retail Sales in Downtown Atlanta The resurgence of downtown is being student dorms have been delivered, with spurred by Georgia State University. With several thousand more planned. Georgia approximately 40,000 students, GSU State has also acquired 4 buildings has been transforming downtown over Downtown totaling more than 1.2M the past decade. square feet, that have been converted for academic use. The redevelopment of 59,773 $1.3 Billion In the past five years, the University has Turner Field and the surrounding area for Downtown submarket spent over $200M on the refurbishment a mixed-use of sports facilities, student residents, 2016 of the Pullen Library complex, a new housing and retail is in the works. science center, and law school. During Annual population growth rate Downtown facts the past decade, more than 4,000 2010-2016 1.95% 29% 1.11% of City’s total jobs Downtown Atlanta metro submarket 34.7K jobs per square mile Office Workers Spent an Average of $129.18 65K students in vicinity per week Top Spends: $19.79 grocery 18.9M annual tourists $26.71 dining and fast-food $10.63 discount stores 88 walk score THE BUILDING Why The Hurt Building: • New Full-Service Starbucks Located in Lobby • Full Service Event Venue/Restaurant Space Available for Lease (Second Floor) The Hurt Building offers premium retail space in a grand, historic setting. A striking combination of • Street Level Retail / Restaurant Space Available turn-of-the-century detail and modern sustainable design, the Hurt Building boasts a unique retail/ • Heavy Pedestrian Traffic restaurant opportunity including street level retail, loft restaurant, or single tenant retail in the heart of • Proximity to GSU and Downtown Office Market Downtown Atlanta. • Daytime Population of 135,121 • High Traffic Corridor • Located in a Downtown Opportunity Zone • $4 Million Dollar Lobby Renovation Underway • LEED-EB Platinum, BOMA 360, & Energy Star Certified • 24 Hour On-Site Security • Multi-Level Parking Garage Emory University Hospital Midtown RENISSANCE PKWY PINE ST PINE ST MARIETTA ST MARIETTA LUCKIE ST LUCKIE FELTON DR HUNNICUTT ST ANGIER AVE AREA AMENITIES Why Downtown IVAN ALLEN JR BLVD 75 85 Center for Civil RALPH MCGILL BLVD and Human Rights RESTAURANTS WITHIN 1/4 RALPH MCGILL BLVD IVAN ALLEN JR BLVD Georgia Aquarium MILE World of PIEDMONT AVE Coca-Cola Brickstone Café MARIETTA ST MARIETTA BOULEVARD BAKER ST TED TURNER DR Naanstop The Taqueria on Broad Capital City Club BAKER ST Centennial Olympic Park PEACHTREE CENTER AVE HIGHLAND AVE PEACHTREE ST JOHN PORTMAN BLVD COURTLAND ST Reuben’s Deli The Sun Dial College Football Rosa’s Pizza Polaris Hall of Fame Georgia World Congress Center CENTENNIAL OLYMPIC DR PARK 10 WILLIAMS ST Slice Downtown CNN Food Court ANDREW YOUNG INTERNATIONAL BLVD PIEDMONT AVE East Wave Asian Fusion Peachtree Center Food Court BOULEVARD Magnolia Bistro HOTELS ELLIS ST Smoothie King Westin Peachtree CNN IRWIN ST IRWIN ST Georgia Dome Philips Arena The Landmark Diner Sheraton Atlanta JOHN WESLEY DOBBS AVE COURTLAND ST Roly Poly Sandwiches Hilton Atlanta Weekday Café Atlanta Marriott Marquis Rising Roll Café Fairfield Inn & Suites AUBURN AVE AUBURN AVE FORSYTH ST Quiznos Glenn Hotel TED TURNER DR 75 The King Center Chick fil A Omni Hotel EDGEWOOD AVE 85 MLK JR DR EDGEWOOD AVE EDGEWOODWaffle AVE House Aloft Atlanta Downtown DECATUR ST Jimmy Johns Doubletree by Hilton BOULEVARD MITCHELL ST The Ellis Hotel e Saxby’s Coffee l i M r e Ritz Carlton t Letterbox General Store PIEDMONT AVE r a u Q HILLARD ST Moe’s Southwest Grill Holiday Inn Express Grady Hospital WALKER ST DECATUR ST e Hampton Inn l i PEACHTREE ST M TED TURNER DR f l DECATUR ST a Hotel Indigo MLK JR DR H RESTAURANTS WITHIN 1/2 MITCHELL ST MILE Ray’s in the City ATTRACTIONS 75 TRINITY AVE Georgia State Capitol 85 Tin Lizzy’s Centennial Olympic Park PEACHTREE ST Park Bar College Football Hall of Fame PETERS ST Ted’s Montana Grill CNN Center MLK JR DR Alma Cocina Phillips Arena MEMORIAL DR MEMORIAL DR MEMORIAL DR White Oak Kitchen & Cocktails Tabernacle KING ST .5 Mile Sweet Auburn Market Skyview Atlanta WOODWARD AVE WOODWARD AVE WHITEHALL ST Juke Joint Underground Atlanta 20 Pitty Pat’s Porch MLK Historic Site Meehan’s Public House Georgia State University Hudson Grille Downtown Atlanta’s rapid revitalization has brought abundant amenities to the Hurt Building’s Atlanta Braves All-Star Grille TRANSPORTATION immediate neighborhood and beyond. Located at the heart of Woodruff Park’s commercial district, we Cuts Steakhosue Five Points MARTA Station Corner Bakery Café are surrounded by a diverse set of restaurants, hotels, and attractions. A quick walk from two MARTA Peachtree Center MARTA Station Hard Rock Café Georgia State MARTA Station stops, our position directly along the new Downtown streetcar line signals our position at the core of Downtown Streetcar Atlanta’s infrastructure development. I-75 & I-85 Over the past 10 years, downtown Atlanta has seen $3.9 billion in completed real estate Downtown investments investment. With more than $2.0 billion under construction and another $2.1 billion planned, the urban core is being transformed to a live-work-play destination that will at a glance reshape how Atlantans experience the city. Multifamily source: Central Atlanta Progress 1. The Office 2. Fulton Supply Lofts Investment 3. Post Centennial park 2007-2017 4. Castleberry Park 5. Banyan Street Capital / Greystar 6. Peter Street 2 7. Greyhound Station $3.9B 8. Place Properties Modular Apartments 9 3 Hospitality 6 1. AC Hotel 2. Hotel Indigo Investment Pipeline 1 3. Home2Suites 2017-2022 5 2 4. The Candler Hotel 1 5. Cambria Hotel & Suites 1 6. Hard Rock Hotel 7 7. Convention Center Hotel $4.4B 5 Georgia State 7 1 3 1. College of Law 4 2 2. One12 Courtland - Student Housing Housing Units Under 3 3. Piedmont Central - Student Housing Construction/in The 4 4. 58 Edgewood Avenue Pipeline 8 5. Petit Science Center 13 6. Classroom South Phase II 4 7 7. 100 Edgewood - Student Housing 6 3 12 Catalytic 10,347 4 10 1. College Football Hall of Fame 6 2. National Center for Civil and Human Rights 3. Sweet Auburn Market 2 11 4. Mercedes-Benz Stadium 5 5. Peachtree Center Retail Renovation Key: 6. Centennial Olymbic Park Renovation Multifamily Hospitality Georgia Catalytic State 5 7. Philips Arena Renovation 8. State Judicial Building Existing 6 7 9. The Stitch Under 10. Underground Atlanta construction or 11. Newport Redevelopment renovation 12. Newport/WRS Planned 13. The Gulch 8 Sources: Bleakly Advisory Group, ESRI 2016 Report, MARTA, WalkScore, CAP 1940 1914 One of our great Presidents, WoodrowWilson, established the Federal Reserve Bank in 1913. The first 6th District 1926 Federal Reserve Bank opened The big day arrived early in in Hurt Building which served 1926 when Hurt Building the following districts: could finally announce Alabama, Florida, Georgia, its grand opening to the 1913 and sections of Louisiana, public. Mississippi, and Tennessee. In efforts to unite the 1924 Looking to add joy to its visitor’s eye, 1953 city of Atlanta, Joel Hurt the community opened Hurt Park. developed one of Atlanta’s With the sudden horrendous This was the first park opened in earliest skyscrapers. onset of World War I, the Downtown Atlanta since 1860. Construction began in construction of Hurt Building was 1913 with the central delayed until 1924. Hurt Building building development. had a great future ahead for This towering building itself, but awaited its journey to was once the 17th tallest completion. building in the world. Modern amenities & historic charm the new downtown retail 2009 2017 Delivering Developments: Georgia State University Football Stadium, Mercedes Benz Stadium (home of Future Atlanta Falcons and Atlanta Additional Developments: United FC). Expansion of Centennial 1977 Olympic Park, redevelopment 2016 Through its journey through time, While the Hurt Building might be old to of Underground Atlanta, Hurt Building with stood much some, there was an desire to maintain With great excitement for the revitalization of the Civic adversity and was proud to join the a competitive advantage. Therefore the development of the Downtown Center. National Register of Historic Places. building became LEED certified. submarket, Gamma Real Estate purchased Hurt Building. Hurt Building from 1913 to 2016, Source: Atlanta History Center; Georgia State University, Digital Collections HURT BUILDING | 50 HURT PLAZA | ATLANTA, GA 30303 Bob Stasiowski +1 404 995 6340 [email protected] Meltzer Properties Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind.The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2016. Jones Lang LaSalle. All rights reserved. 190124_1.17.
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