Quote:
Originally Posted by whiplash3825
I doubt it'll happen until after most of the lots are filled up on the east side of Peachtree, but I can really see those low and midrise buildings like Peachtree Lofts, the CVS and those apts. behind being torn down for towers to be built in their place. (Don't get me wrong... I like those buildings to a degree, but they won't we viable economically after land prices reach a certain point)
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While I agree, I think that is a ways off. I think West Peachtree will fill in first, at least before CVS and PTL go. I say that only because there is mixed use there already. So, there isn't the "non-retail" space there. That means that, if the Mile works, they can up their rental costs without any major building costs. Also, Novare did Spire and PTL if I remember correctly, so they can work to complement each other nicely.
But, having said that, I think by 2015 or 2020, one or two of those (at least) will be gone.