Published on June 30th, 2015 |0
Peachtree Bikes soon will be on the move again in Buckhead
This time, the reason for the move is not a fire, as it was just over a year ago. The owners of the property they have been leasing gave Peachtree Bikes 90 days to move. That after Mike and Elexa Wagaman invested more than $50,000 to make the building at 2905 Peachtree habitable for their business.
K.C. and Tse-Chih Chang, owners of the house at 2905 Peachtree, apparently have decided to move their Grand China Asian restaurant to the house from its present location at 2975 Peachtree, where it has been located for about three decades, according to a report by Tomorrow’s News Today Atlanta.
This is not the first time Grand China owners have considered moving the restaurant into the house across the road from The Peach shopping center. In fact, a few years ago, they came before the Neighborhood Planning Unit-B Zoning Committee with plans to do so.
The reason then was that the landlord at their present location either wanted to hike up the rent too much or was trying to sell the property for redevelopment. The anticipated sale didn’t happen and the move never took place, leaving the house at 2905 Peachtree vacant and unimproved until Peachtree Bikes leased it last year.
Peachtree Bikes ownership was reportedly blindsided by the news a few months ago, just two days after their one year anniversary in the new space, according to the TNT Atlanta report. K.C. and Tse-Chih Chang informed the Wagamans they had 90 days to vacate.
But the Buckhead biking community need not despair, Peachtree Bikes has again scored a prime, albeit smaller and less convenient, space in the heart of Buckhead Village.
Peachtree Bikes will relocate soon to a vacant space to the left of the Buckhead Theatre on Roswell Road and hopes to be open in the new space in a few months. Meanwhile, Peachtree Bikes locations in Sandy Springs and at Serenbe will remain open, TNT Atlanta reports.
Peachtree Bikes moved to their current home last year after a nighttime fire in December 2013 destroyed their previous space and other stores at the Garden Hills shopping center, 2823 Peachtree Road. Brand Properties is now planning to redevelop that site (see story here).
As for the present Grand China restaurant site, developer Terwilliger Pappas last year proposed a 20-story mixed-use development with some 300 apartments and 4,700 square feet of retail space on the site of Grand China and the adjacent Exxon. But that deal fell through.
However, the owner of the Exxon station, who leases his property as well, told BuckheadView recently that proposals keep rolling in from developers wanting to purchase the Grand China and Exxon properties and redevelop them together. Time will tell if that happens or, in fact, if Grand China really moves this time. But the Peachtree Bikes move is assured.