New Developments

Published on April 14th, 2016 |


Cornerstone seeks permits to begin medical office building construction

Cornerstone Development Partners has taken the final steps toward beginning development of the long-planned medical office building in South Buckhead, with the filing for permits to raze a string of retail stores including Chick-fil-A, Peachtree Cleaners and the Peachtree Package Store along Peachtree Road, according to the Bisnow online real estate news service.

This long-vacant former Harry's in a Hurry facility is one building that will be razed.

This long-vacant former Harry’s in a Hurry facility is one building that will be razed.

For Cornerstone, the firm founded by the late Atlanta developer Bob Kern, it is the long-anticipated first major step forward on a 188,000-square-foot medical office building and senior living project across Peachtree Road from Piedmont Hospital.

The more than three-acre parcel (which includes 1875, 1891, 1895 and 1901 Peachtree Road) has long been targeted by Cornerstone for the project. Aside from the retailers mentioned, Cornerstone will finally raze the former Harry’s in a Hurry retail location that has been vacant for more than a decade and has been one of the South Buckhead eyesores.

Cornerstone’s Wesley DeFoor said the seven-story project will be layered with ground-floor retail—including both the Chick-fil-A and the Peachtree Cleaners—two levels of medical office space and the rest all senior housing units.

As for the liquor store—also a popular longtime fixture in that area of Buckhead where Peachtree and Collier roads intersect—Wesley said it will not be part of the new project.

Cornerstone has not announced a construction start date; but, once permits are in place, the start of construction could be right behind.

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