BCC to hear update on PDK Airport
The featured speaker for the Sept. 8 meeting of the Brookhaven Community Connection (BCC) will be Lee Remmel, of Peachtree DeKalb Airport (PDK), who will discuss how PDK supports and helps the growth of DeKalb County.
The BCC meets the second Tuesday of every month from 8-9:30 a.m. at the Hudson Grille, in the Brookhaven Station shopping Center at 4046 Peachtree Road. The first half hour is for socializing and networking and the program begins at 8:30 a.m.
Clean Air Campaign seeks awards entries
The Clean Air Campaign, together with the region’s nine transportation management associations and RideSmart, is seeking entries for the 10th annual PACE Awards, which recognize metro Atlanta’s best workplaces for commuters.
Entry forms are available at CleanAirCampaign.org or by calling 877-253-2624. Winners will be announced at the 2009 PACE Awards luncheon Nov. 10 at the AT&T Conference Center in Midtown. The deadline for submissions is Oct. 9.
The awards for overall employer programs will be presented in the following categories: small business (100 employees or fewer); medium business (101 to 500 employees); large business (more than 500 employees); public sector (government employer of any size); and property management company.
Tower Place 200 owner in talks on loan
The owner of Tower Place 200 in Buckhead is reportedly trying to restructure a $50.5 million loan in an attempt to keep office building from possibly going into foreclosure.
The 14-story building was purchased by Transwestern Investment Co. in 2006 for $57.7 million at a time when the values of commercial property in Buckhead were high and credit was easy to get. But now the vacancy rate at the 11-year-old building is at about 35 percent.
And, Buckhead is overbuilt in office space, with four more new buildings in various stages of construction. Those will put pressure on Transwestern and other owners of existing buildings in attempting to retain their tenants.
Chicago-based Transwestern is trying to restructure a $50.5 million securitized loan originated by Greenwich Capital Financial, which was used to finance the 2006 building purchase and matures in 2011. Transwestern reportedly is in default on the loan, but may have skipped a payment to trigger discussions with the lender.
Tishman Speyer Inc., Duke Realty Corp. and Pope & Land Enterprises Inc., Cousins Properties Inc. and Manulife Financial each have a new Buckhead office tower that is either near completion or scheduled to be finished next year.
III Forks no longer Terminus 200 bound
The 25-story, 565,000-square-foot Terminus 200 office building opened last month as part of the Cousins Properties Terminus development at Peachtree and Piedmont roads; but it apparently will not be getting the upscale III Forks steakhouse as originally planned.
Word has it though that Dallas-based Consolidated Restaurant Operations Inc., which owns the III Forks brand, now is in talks to bring another of its brands to Terminus 200, its Cantina Laredo gourmet Mexican concept.
If the deal is finalized, Cantina Laredo would join AquaKnox, BrickTops, The Flying Biscuit Café, LOLA Bellini Bar & Restaurant and MF Buckhead in the Terminus complex.
However, apparently there also are a number of other restaurants interested in the space where III Forks was to have gone.
Oracle may be leaving Financial Center
Oracle Corp., the world’s second-largest software company, may be leaving Atlanta Financial Center in Buckhead to consolidate offices at North Park Town Center, the office complex at Abernathy Road and Georgia 400 in Sandy Springs.
Oracle reportedly also has been scouring Buckhead for up to 100,000 square feet, but many of its employees apparently commute to Buckhead from outside the Perimeter and wanted new offices closer to home. Oracle already has an operations center and data center at North Park Town Center.
Real estate firm promotes Barton
Harry Norman Realtors has named Marianna Barton the company’s director of marketing and communications. Barton will oversee the corporate marketing department, day-to-day marketing activities and special marketing initiatives.
Barton began her real estate career as an agent with Cottingham-Chalk Realtors in Charlotte, N.C. In 1997, she moved to Atlanta and served as a marketing associate for Buckhead Brokers. In 2000, Barton joined Jenny Pruitt & Associates. This year Jenny Pruitt & Associates merged operations with Harry Norman Realtors, and Barton was selected to lead the company’s marketing efforts.
Crunch Fitness may close in Buckhead
Crunch Fitness International Inc., which currently is in Chapter 11 bankruptcy, apparently may close its fitness center at Tower Place in Buckhead, the firm’s only remaining location in metro Atlanta.
Crunch CEO Tim Miller did not confirm the fitness center will close its doors, but did say letters went out to members that the site may close.
Documents filed Aug. 14 as part of the bankruptcy indicate Crunch approved the sale of the Buckhead Club, authorizing the assumption and assignment of membership and personnel agreements and rejecting lifetime and other membership agreements.
Crunch had closed its Parkway Pointe location in Cobb County in April.
Fadó food sales to help fight cancer
During September, Fadó Irish Pub & Restaurant in Buckhead will donate 20 percent food sales every Thursday to the St. Baldrick’s Foundation—to help fight childhood cancer—for customers who bring in the St. Baldrick’s flyer, which is available online at www.fadoirishput.com.
Fado, located at 273 Buckhead Ave., also partners each year with the St. Baldrick’s Foundation for its worldwide head-shaving event to raise money for child cancer research. The September program is in recognition of Childhood Cancer Awareness Month.
The funds raised are distributed by the St. Baldrick’s Foundation in the form of grants, fellowships and scholarships, to further childhood cancer research funding.
Deceased Pet Care breaks ground for new funeral home
Deceased Pet Care Funeral Homes and Crematories broke ground Aug. 26 for what it says will be the largest pet funeral home in the U.S. at 4991 Peachtree Road, just over the line from Brookhaven in Chamblee.
The new 12,000-square-foot facility will provide pet owners with individual grieving rooms, chapels for funeral services, and on-site crematories to provide immediate same day services.
President and owner of Deceased Pet Care, Doyle L. Shugart, said at the 10 a.m. groundbreaking ceremony, “This has a been a lifelong dream of our family, to build a pet funeral home of this caliber and magnitude dedicated solely to grieving pet owners and fallen K-9 heroes of Georgia.”
In business for more than 38 years, Deceased Pet Care Funeral Homes is Georgia’s only state certified pet crematory operator.