Year in review: What 2012 was about, for Sandy Springs
In 2012, Sandy Springs began a time of rapid change. The city settled lawsuits that had dragged on for years, pursued economic development and completed a design of plans for what leaders hope will be a vibrant downtown… Major business news included Branch Properties’ decision to buy the struggling City Walk development, and Regent Partners has purchased the Concourse Corporate Center in Sandy Springs, which includes the iconic King and Queen buildings. The Sandy Springs/Perimeter Chamber of Commerce began promoting its initiative to turn the city’s famous “Pill Hill” into a Silicon Valley of medicine. Kirk Demetrops, president of MidCity Real Estate Partners, announced a $36 million development of seven medical office buildings at the northwest corner of Ga. 400 and North Hammond Drive. The city also hired an economic development director, Andrea Hall… Originally Published in the Sandy Springs Reporter Read More...
read moreSandy Springs project signals new cycle of medical offices
A local developer has announced a major project some hope could signal the start of a new cycle of medical office development in the central Perimeter market. Kirk Demetrops, president of MidCity Real Estate Partners, says the $36 million development will consist of seven buildings located in the northwest corner of Ga. 400 and North Hammond Drive. The complex also offers frontage on Barfield Road and Ga. 400… Originally Published in the Sandy Springs Reporter Read More...
read more$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 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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