Atlanta-based Georgia-Pacific LLC, the pulp and paper company, announced plans to transform its 51-story world headquarters and the surrounding city block into a mixed-use property.
The proposed development, scheduled for completion in fall 2027, will include more than 400 apartment units on the tower’s uppermost floors along with approximately 125,000 square feet of retail, restaurant, and entertainment space. The property will also include approximately 600,000 square feet of Class A office space anchored by Georgia-Pacific and Koch, plus 35,000 square feet dedicated to a large central plaza and more than 2,100 parking spaces plus adjacent MARTA and Atlanta Streetcar transportation access.
“If realized, this will be more than just a redevelopment; it has the potential to generate economic growth and create mutual benefit for the city, local businesses, their employees, Georgia-Pacific employees and our vibrant community,” said Christian Fischer, president and CEO of Georgia-Pacific. “The office landscape has changed, and we recognize that the adaptive reuse of our site and office tower can create greater long-term value. We are also acutely aware of the need for more residential, shopping, dining, and entertainment options in our downtown neighborhood, which is why Georgia-Pacific is excited to provide a space that will offer unmatched opportunity in Downtown Atlanta.”
Atlanta Mayor Andre Dickens said the development “breathes new life into downtown” and will “draw residents, visitors, and businesses alike, reinforcing our vision of a safe, inclusive, and thriving downtown – one that is family-friendly and nurtures new talent. It’s about building a better Atlanta for everyone, today and for the future.”
Photo: Georgia-Pacific Redevelopment Rendering, Peachtree Street View
;
