Insignia Pursuing Embassy Row Redevelopment
Insignia LLC hopes to continue its redevelopment of Embassy Row, a spread-out office park in Sandy Springs. The Atlanta Business Chronicle reports that the latest project would include 111 townhomes, 1,068 apartments, 15,300 square feet of retail space, and 159,463 square feet of existing office space.
Construction is already underway on the campus, which would be rebranded as Embassy Row Grove.
Three buildings, totaling about 400,000 square feet of office space, remain on the campus across 21 acres. Two of those buildings will be demolished to make room for new residences and retail space, while one will remain as office space. The property is between two MARTA stations.
Insignia has been involved in the ongoing redevelopment of several expansive sites, including a former Kmart site in Doraville. Dubbed Lotus Grove, the project calls for 780 apartments, a 160-room hotel and more than 66,000 square feet of retail space.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout