Inman Park Properties — what a mess
The great Terminal Station blog links to info on Creative Loafing’s site about foreclosed properties owned by Inman Park Properties, which from most accounts is on the verge of collapsing. CL gets you interested with a Clermont Lounge headline, but I think the other properties are more interesting (including a group of stores on Ponce once anchored by the old Goody’s film developing store). I’m kind of sick of the overcoverage of the Clermont.
Indeed, Ben at Terminal Station mentions the John B. Gordon school in East Atlanta, which sits vacant. I like Ben’s idea that the school could have been a great condo conversion — I say ‘could have been’ because I just don’t know what all would be required to rehab it back into civilization.
It is curious to me that in the supposed heart of Hipster Central, East Atlanta, there aren’t apartments or condos right in the village. I mean hipsters have to have some place to sleep, and given the hours they keep, I’m not sure maintaining a single-family home is in the cards!
There is a developer taking steps to convert a host of properties at the corner of Moreland and Glenwood into a mixed-used development that would have a residential component. (Properties on Glenwood, Moreland and Portland avenues are being converted from the Low Density Residential Land Use Designation to Low Density Commercial). Plans for the project, dubbed “525 Moreland Ave.,” include buildings of varying height (three-story/five-story) and a rooftop garden.
To orient you, the intersection in question is currently home to Buffalo Chicken. Now that’s a classic!
I welcome anything that will remove blight from our neighborhoods and install some density, and I hope to report more on 525 Moreland Avenue later. But I just hope it’s not another case of a company like Inman Park Properties buying up properties and not seeing things through.
Related posts:
- More on 525 Moreland Ben King at Terminal Station blog picks up on what...
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Comments
2 Comments on Inman Park Properties — what a mess
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Ben K on
Mon, 29th Jun 2009 9:08 am
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Jeanne Bonner on
Mon, 29th Jun 2009 12:26 pm
I actually think the Gordon School would make better apartments at the moment (given market conditions and the demographic of who would be living there)
Thanks for clarifying that. I should have been more specific — I meant I think it would be a good building for a residential conversion. I don’t care if it’s for condos or apartments. I know there’s a big difference, but mainly what I meant was that there’s virtually no high-density residential component to East Atlanta Village.
Thanks, Ben, for visiting the site! And it’s helpful that you’ve been following the IPP saga.
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