Real Estate
Whole Foods Market Office To Anchor Colony Square
Building 300 will house Whole House Foods Market's regional office and occupy 30,000 square feet of the Midtown office complex.
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ATLANTA -- North American Properties has unveiled plans for an 87,500-square-foot mixed-use building at the reimagined Colony Square in Midtown. The new six-story building, known as Building 300, will house five floors of office space over street-level retail and is estimated to deliver in early 2020. Whole Foods Market Inc. will be the anchor tenant with their South regional office, and occupy about 30,000 square feet, which encompasses two floors of the new building.
The office relocation will bring approximately 90 Whole Foods Market regional team members to Midtown. The new regional headquarters will feature a break room at the front door with one long communal table, the centerpiece of the space. The design celebrates food and people, and the magic that happens when everyone gathers around the table. The office will also feature a test kitchen for the culinary team to innovate and test new recipes. Whole Foods Market will occupy its new regional office in early 2020.
Located on the site of Colony Square’s old atrium shops, Building 300 will feature 11-foot finished ceilings, floor-to-ceiling windows and street-level retailers and restaurants. The new building has approximately 30,000 square feet of rentable space on floors five and six.
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Other amenities available to Colony Square office tenants include a Mobility Concierge, who helps identify alternative commuting options; C-Cycle, a private bike house with showers and lockers; C-Fit, a fitness center equipped with the latest technology, including Peloton bikes; a modern conference center; and a 5-star Digital Concierge, who caters to every need with the touch of a button. After the redevelopment, Colony Square will provide hospitality through its physical Concierge located at the heart of the community in the Plaza.
Colony Square’s current office component is more than 95 percent leased and houses approximately 2,500 office workers. Since NAP acquired Colony Square in Fall 2015, office rents have increased by 42 percent.
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In October 2017, North American Properties broke ground on Colony Square’s multi-phased redevelopment. Upon completion, Colony Square will feature 40,000 square feet of community gathering places; 160,000 square feet of entertainment, retail, fitness and chef-driven dining concepts; a 28,000-square-foot next generation food hall; and 172,000 square feet of new office space. This comes in addition to its existing 466-room hotel, 262 luxury residences and 740,000 square feet of office. The first phase will deliver in late 2019.
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Images The Wilbert Group
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