Published on June 23rd, 2016 |0
Cheshire Bridge Rd. facelift to transform strip club to apartments
Westplan Investors recently purchased nearly 7.5 acres at the corner of Cheshire Bridge Road and Faulkner Road for $11.2 million—including the strip club and two warehouses– which it intends to redevelop into a mixed-use development, according to the Atlanta Business Chronicle.
The Doll House, at 2050 Cheshire Bridge Road, is being demolished to make room for 198 apartments. An existing 50,000-square-foot warehouse and another 70,000-square-foot warehouse will be renovated into loft office and showroom space, Westplan told the ABC.
Westplan could break ground on the new apartments later this fall and have the first units deliver in up to 18 months, the ABC reported.
The site is about a half mile from where Dallas-based Mill Creek Residential is developing the next phase of a 6-acre project at Piedmont Road and Cheshire Bridge that already contains new apartments and retailers including organic grocer Sprouts.
The property was part of the Estate of John Hunsinger, the Georgia Tech football star who later formed his own commercial real estate firm and became a leader with the Atlanta Commercial Board of Realtors.