T
he Georgia-Pacific Tower is undergoing a significant transformation. The upper floors of the 52-story building at 133 Peachtree Street will be converted into 400 apartments, reflecting the trend of repurposing office space into residential units. The redevelopment plan also includes 125,000 square feet of entertainment, restaurant, and retail space, while maintaining 600,000 square feet of office space. Georgia-Pacific and its parent company, Koch Industries, will remain anchor tenants in the downtown Atlanta landmark, which is 80 percent leased.
The project's cost was not disclosed, but it is expected to be completed by fall 2027. A future development could add a hotel, more housing, and retail. Christian Fischer, President and CEO of Georgia-Pacific, stated that the office landscape has changed, and the adaptive reuse of their site can create greater long-term value.
This redevelopment aims to drive economic growth for both the company and the city. It aligns with local leaders' efforts to create active communities in downtown Atlanta, particularly ahead of the 2026 FIFA World Cup. The project joins other significant developments aiming to enhance retail and entertainment offerings downtown.
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