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What's going on with ATLofts? There are rumors flying everywhere. One that I heard but have a hard time believing is that they cancelled a bunch of contracts in some of the buildings that still haven't delivered (so the contracts are technically null and void). Reason being they want to go back out and sell them at a higher price point. Surely that can't be true.?
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See this is why I have the problem with 'rumors' like noncompete clauses for the retail. Now 'rumors' about ATLofts. Once they start on here they become 'fact' on the street with no substantiation to them. That's ridiculous and shouldn't be a purpose of these forums IMO.
Last we heard on the board from an actual resident was that they were delayed 4 months on closing but they had moved in and were quite happy with the construction if my memory serves me accurately. So for the time being I'm letting that dictate my thoughts and any 'rumors' I tell others. |
Rumor has it that Atlriser is going to go medieval on the next person spreading rumors.
OOPS! :) Some rumors do get crazy, like the one earlier in the year that because 191 was nearly empty that it was going to be torn down. It made absolutely no sense. However, there are some people in here that do have inside information that they leak out in a form that can only be called a rumor since they can't give proof, but that doesn't make it any less true. The ATLoft rumor belongs in the same category as the 191 rumors but many other rumors people have mentioned here have indeed proven to be true. I'd say the majority of new developments over the past few years have been reported here before they made it in the newspaper. |
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As for rumors, the rumor you heard about the quality of construction is just as valid as the one I had. If anything, this board can serve as a place to dispel them rather than perpetuate them. |
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AubieTurtle, I agree about people on here release information before announcements. I myself have put info out when I've received plans, notices, RFQ's and so forth about developments that come across my desk but that is not a rumor.....that's backed up by paper and actual information. Just my thoughts....medieval.....interesting choice of a word....do I know you?
Were you at Medieval Times a few weeks ago......anyway....? Happy New Year Atlanta! Hope the beginning of a new year will bring many new developments and well planned growth for the metro area so I can keep my job and pay my mortgage into 2008.....<G>. No seriously, Happy New Year AS & Atlanta! |
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Geez Thrash, what's with the anti-AS sentiment?
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I hope 2007 is a great year for everyone. It will be interesting to see what the year holds for the city and be sure to keep an eye out of what happens with the $1,000,000,000,000 in ARM resets. That alone is going to shake thing up. |
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So I did some digging. It turns out that a number of contract holders can't close due to mold issues as ATLofts. There was apparently some sort of water damage to their homes. Lane's lawyers are sending the letters to those owners. There was a WSB story about it last week. So give it a week or two and the ABC should start running some gossip columns about it. (Have I mentioned what a joke that publication is???).
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In fact, here are some stores/eateries I'd like to see at AS: RESTAURANTS: Steak & Shake, Zaxby's, and an authentic Italian pizzeria (such as Capozzi's in my former home of East Cobb (unincorporated Marietta). STORES: REI, Best Buy or Circuit City, Apple Store, Brookstone, and a Verizon store (put it on the opposite side from Cingular) |
When I don't walk to A.S., I've taken to parking on the lower deck, directly beneath the escalators at Moe's/Publix. There's rarely a crowd down there and it's easy to get in/out of the deck via 16th Street.
For restaurants, I'd really like to see a Sarku Japan in Atlantic Station. There's one at Lenox Square, but that's becoming too much of a drive for daily lunch. And I heard from another Wolf Camera, that the problem at A.S. is a "real estate" problem due to water concerns, and that the company is holding out for a different location within the district. My interpretation was - Wolf Camera: This location sucks due to poor construction, give us a different storefront for cheap, since we've already lost money here. Atlantic Station: Tough, you signed the lease, you're stuck with it... we might let you move, but not for a discounted rate. Of course, I could be totally wrong about that. |
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The 10,000 population number was inclusive of the entire development, that's what I meant by district. I wasn't trying to say that I think, or would want, AS to be self sufficient but rather that increased density would make the business' located there more sustainable. It has done a good job of becoming a destination but not an excellent one. We should all strive to push the envelope. Quote:
http://www.zaxbysfranchising.com/requirements.htm |
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