$36M Office Park Planned for Sandy Springs
A new $36 million Sandy Springs office park is getting under way — the biggest commercial real estate project the city has seen in several years and a likely harbinger of more development to come. Atlanta’s MidCity Real Estate Partners, led by founder Kirk Demetrops, is developing the seven-building project at Barfield Road and Hammond Drive…. Originally Published in the Atlanta Business Chronicle. Read More...
read moreSandy Springs Business owners want more for Powers Ferry Landing
City leaders say the Powers Ferry Landing’s business district needs more encouragement and attention to get it out of its rut. Developers say the district has loads of undeveloped potential, but geography holds the area back. Many people aren’t aware Powers Ferry Landing is in Sandy Springs… Kirk Demetrops, a local real estate developer, said the interstate also provides challenges. “I think the traffic on I-285 alone caused this area to be more difficult to get to,” he said… Originally Published in the Sandy Springs Reporter Read More...
read moreMain Street Alliance publishes wish list
A group of Sandy Springs business owners are reminding the public of their vision for the city’s downtown while the city works to complete its master plan. The business owners call the previous efforts at downtown development “well-intentioned but ineffective” and say the city has a “difficult regulatory environment.” The business owners are part of the Main Street Alliance, a group of 30 companies that own 130 acres of property in downtown Sandy Springs… Alliance member Kirk Demetrops said the group felt the need to release a shorter, simpler version of its 2011 report because of the renewed focus on downtown development. “We wanted to reinforce that we think there’s a very simple set of solutions for downtown Sandy Springs, and to diverge from that, we think, would be a mistake,” Demetrops said… Originally Published in the Sandy Springs Reporter Read More...
read moreCity Hall search shows challenge of building downtown
Sandy Springs City Council members in January asked the city staff to see if there is a better site for a future a City Hall than the property the city owns on Johnson Ferry Road. The two companies that submitted ideas said they faced a daunting task. MidCity Real Estate Partners principal Kirk Demetrops, whose proposal was rejected, said the process shows how difficult it will be for the city to turn a cluttered stretch of Roswell Road into a downtown… Originally Published in the Sandy Springs Reporter Read More...
read moreMain Street Alliance adds input on new ‘heart’ of city
Representatives of 30 Sandy Springs commercial and retail property owners, organized as the Main Street Alliance, presented a vision for developing a downtown heart for the city to Sandy Springs City Council on Sept. 7. Mayor Eva Galambos declared it to be “the beginning of a new world.”… Along with Morganstern, who is former chair of the Sandy Springs/Perimeter Chamber, the Alliance members presenting to the mayor and council were: Alliance chairman Lonnie Mimms, whose company owns 485,243 square feet of retail space in four shopping centers on 40.65 acres in the city; Patti Pearlberg, vice president of Coro Realty Advisors, which owns two shopping centers in the designated area with a total of 160,324 square feet on 18,5 acres; Jan Saperstein, general partner of Sandy Springs Plaza shopping center, who controls 126,000 square feet of retail space on 8.72 acres in the heart of the city; and Kirk Demetrops, partner in Mid City Partners and former president of The Griffin Company, who controls 85,556 square feet of space on 5.24 acres on Roswell Road where the Bank of America building is located… Originally Published in the Sandy Springs Reporter Read More...
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