Plans are reportedly underway by former Aaron's, Inc. CEO Robin Loudermilk for two Buckhead Village parcels as new development in the heart of Buckhead.
According to the Atlanta Buisness Chronicle, Loudermilk, along with Cannon Equities ' Dwight Bell, are planning a 175,000-square-foot boutique-style hotel building with 20,000 square feet of ground-floor retail next to the .
Also reportedly planned is a mixed-use office building on a parking lot at 371 East Paces Ferry Road that would include up to 175,000 square feet of office space and 25,000 square feet of retail.
Loudermilk told the Chronicle that he wants to create a development strategy that unites the east and west sides of Peachtree and Roswell roads. The site next to the Buckhead Theatre, which happens to be owned by his father, was always intended for a hotel, he said.
“There can be a real disconnect within the village between the east and west side of Peachtree,” Loudermilk is quoted by Sams as saying. “We want to help change that.”