Third & Urban Moves Forward on Armour Yards

We caught up on some information on the anticipated Armour Yards development that Third & Urban is planning in conjunction with Morgan Stanley. Third & Urban's Pierce Lancaster (flanked by Colliers International's Tosh Wolfe and Brown Realty Advisors' Taylor Brown during last week's Future of Downtown event) says that 45k SF will deliver in February and an additional 100k SF this coming summer. Then by late 2016, Pierce says they hope to deliver an additional 100k SF of mixed-use loft office space.

Pierce, with JLL tapped as the leasing group, is seeing “almost exclusively 10k SF and larger” office prospects for the development. And it already has concrete interest from four unidentified tenants that could encompass 75k SF, he says. The developers have also filed permits with the City of Atlanta to start work on 255 Ottley Dr—right by SweetWater Brewery—that would be incorporated into the Armour Yards project, described as a “West Coast-style loft-office campus” that includes collaborative common areas, a coffeehouse, live music venue, restaurant, fitness studio and bike rentals/storage.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Emory Takes Over Proton Center For $82M: The Atlanta Deal Sheet

King Of Prussia Pursues Stadium To Anchor $200M Mixed-Use Complex

Dewberry's Midtown Eyesore Quietly Resolves $75M Mortgage

Mesirow Pays $132M For Midtown Luxury Apartment Tower

Self-Storage Sector Bounces Back As Investors Move Past Market 'Trough'

1200 White St., Atlanta's Newest Creative Hub, Is Transforming The West End

Regent In Talks To Buy Tower Place 100: The Atlanta Deal Sheet

New Office Construction Is On Pause In Atlanta. Landlords Have A Chance To Fill Their Towers

Plans For Colorado's Newest Private Golf Course Revealed: The Denver Deal Sheet

Risk-Averse Market Means This Retrofit Success Could Be A One-Off

Brookhaven Apartment Tower Sells For $101M As Investors Target Prime Atlanta Properties

Big-Box Leasing Returns To Atlanta's Industrial Market