Real Estate
Developers Plan Overhaul of Colony Square
A joint venture closed on a $170M deal to purchase the iconic buildings and plans to blow the roof off the site. Literally.

Midtown’s iconic Colony Square will soon undergo a massive redevelopment meant to bring the south’s first ever mixed use development into the 21st century.
North American Properties and Lionstone Investments purchased the 47-year-old buildings for $170 million earlier this week and has announced plans to create an open-air, walkable atmosphere, Atlanta Business Chronicle said Wednesday.
Atlanta Business Chronicle reported that part of the transformation involves removing the roof from one of the buildings on the site.
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Developers told the Chronicle that they are looking to gather feedback from the community before detailing any concrete plans for the site. Anyone with ideas on the future of Colony Square is invited to share those ideas by using the hashtag #ReimagineCS.
North American Properties has a proven track record in Atlanta, responsible for the massive overhaul of Atlantic Station.
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