A special use permit to allow for a change in spa ownership is being requested for an existing Peachtree Plaza Shopping Center business.
The group proposes to redevelop the property with a three-story high-tech building.
The "for-sale" condominium development has revised plans since its review by the Planning Commission in 2021, hoping for a different outcome at the City Council meeting.
TerraCap Acquired The Six-Building Portfolio In May 2017
Constructed in 1948, the proposed mixed-use buildings will feature exterior dramatic improvements.
As a 12-story new-build boutique hotel, The Wade will feature 230 guest rooms, including six suites and one Presidential Suite.
As office and restaurant tenants still seek ‘new normal,’ job creation stokes demand for apartments, ‘necessity’ retail and quick serve restaurants.
The proposed development could prompt a Development of Regional Impact review process.
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