The city displayed considerable vision in selecting us as their partner on this project. Our ability to develop this project in a holistic manner with our own equity and with our sister construction company makes this a win-win.
Athens, Georgia (PRWEB) July 27, 2011
Batson-Cook Development Co. is putting the finishing touches on a $16 million public-private partnership that has transformed the block around the Georgia Theatre into environmentally friendly office and retail space and added much needed parking in downtown Athens.
“This is a very rewarding project,” said Jeremy Hammerton, vice-president for development with Batson-Cook Development Co. “The city displayed considerable vision in selecting us as their partner on this project. Our ability to develop this project in a holistic manner with our own equity and with our sister construction company makes this a win-win.”
Batson-Cook Development Co. developed the downtown parking deck and mixed-use facility in partnership with the Athens-Clarke County Unified Government and the Athens Downtown Development Authority. The facility located along West Clayton and Washington streets includes 14,600 square feet of retail space, 28,000 square feet of office space and 540 parking spaces.
Among the businesses that plan to open in the space, Waffle House will take up 1,850 square feet and bar and restaurant Fuzzy’s Taco Shop has signed on for 3,000 square feet. They will be joined by trendy frozen yogurt store Yoforia and Momma Goldberg’s Deli. On the office side, Partner Software Inc. is taking 11,500 square feet.
Featuring a roof top garden, drought tolerant vegetation and a rain water cistern, the development is among a growing number of environmentally friendly projects in downtown Athens, Ga. Sustainable elements also include recycled building materials, energy efficient air conditioning units, and tenant guidelines encouraging green buildouts. In fact, the project will boast more collective greenspace when finished than before when it was a surface parking lot and bank drive-through.
About Batson-Cook Development Co.
Founded in 1963, Batson-Cook Development Company is a fully integrated real estate organization providing development and capital solutions primarily through partnerships on commercial real estate projects in the Southeastern United States. Based in Atlanta, BCDC draws on its formidable experience, its parent company Kajima USA and its close relationship with Batson-Cook Construction to offer a wide variety of real estate services from development and construction, to equity and credit enhancements, to brokerage and property management. Learn more by visiting http://www.batsoncookdev.com.
Batson-Cook Development Company is a wholly owned subsidiary of Kajima USA. Founded in 1840, Kajima Corporation is an industry leader in the field of construction headquartered in Tokyo, Japan. Kajima’s extensive experience and expertise in the development, design, and construction in a wide variety of projects has led to worldwide recognition. Kajima had revenues of more than $16 billion in 2010 and employs more than 15,000 in over 20 countries. Learn more by visiting http://www.kajimausa.com.