Colony Square was ahead of its time when it opened as the first “mixed-use” development in Atlanta 50 years ago, but it fell behind more modern retail trends and lost some office and retail tenants as new office towers opened up nearby.
North American Properties purchased the property at the corner of Peachtree and 14th streets, located less than half a mile from Piedmont Park, about five years ago. The firm saw the project as a way to revitalize the property and attract more people with elements like new outdoor space and the modern food hall concept.
The food hall, called Politan Row, opened this summer. King of Pops, Serena Pastificio, Holeman and Finch Public House, and Rumi’s Kitchen arer set to open locations throughout Colony Square by the end of this year.
The redevelopment project was complicated by the tight workspace, multiple levels and heavy traffic flow around Colony Square.
“Completing a multifaceted project of this nature is never an easy feat, and the open and honest communication we enjoyed with all parties was integral to achieving this milestone,” Chad Holland, senior project manager at Hoar, said in a statement.
North American Properties is set to officially celebrate the completed redevelopment with a Christmas tree lighting on Dec. 4.