Sunday, December 13, 2015
ATLANTA, GA – Houston-based Lionstone Investments (Lionstone) and North American Properties (NAP) closed on the acquisition of Colony Square in Midtown Atlanta this week.
NAP, known in Atlanta for the successful turnaround of Atlantic Station and ground up development of Avalon, plans to take the roof off the retail core of Colony Square and connect it to the street, transforming it into a walkable, open-air experience where Atlantans will gather and spend time.
“Over the decades, the Midtown neighborhood around Colony Square flourished while the iconic building became sleepy and tired,” said Mark Toro, Managing Partner of NAP.
“On July 4, 2018, the 50th anniversary of Colony Square’s groundbreaking, we will celebrate the grand opening of the reimagined Colony Square. We will engage with the city, with the street and with pedestrians, and it will fundamentally change the experience of living and working in Midtown Atlanta.”
For a complete copy of the company’s news release, please contact:
Liana Moran • The Wilbert Group
1720 Peachtree St., Suite 350 • Atlanta, Ga. 30309
O: 404-748-1367 M: 770-905-9915
Posted by Alex at 11:16 AM