New York-based Marx Realty has announced plans to modernize the 1920’s era Art Deco building at 207 Peachtree Street in Downtown that was once home to Regenstein’s Department Store.
The $10.5 million overhaul is expected to keep the building’s design elements while creating a new 48,000 square-foot office and retail space within. The structure will be known as The Department Building.
The renovated building will feature 18-foot high, terra cotta barrel vaulted ceilings, fluted columns, and original wood floors. A new rooftop deck will offer views up and down Peachtree Street and the distant Stone Mountain. The redesign is being managed by local design firm ASD | SKY.
Marx Realty also announced that marketing and leasing for The Department Building is being managed by a JLL team led by Jeff Belamy and Liz Koteles.
“The Department Building will appeal to users in the 5,000 – 30,000 square feet range seeking efficient, creative office space in a unique environment with immediate access to MARTA and significant surrounding amenities” according to Jeff Bellamy, Managing Director with JLL.