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Redevelopment

Tuesday, February 19, 2013

Business Inc.

Briarcliff Summit: Renovations are Still on Schedule

Historic building at Ponce de Leon Avenue and North Highland Avenue is getting a multi-million dollar facelift.

The Portland, Maine-based real estate concern that purchased the Briarcliff Summit last year for a multi-million dollar renovation, says the refurbishing, which started in September of 2012, is proceeding as planned. "The renovations are happening and are going smoothly," Nick Bouquet, a development associate with Evergreen Partners LLC, told Virginia-Highland—Druid Hills Patch. "The project is on schedule." Evergreen purchased the iconic building at 1050 Ponce de Leon Ave. last year with a muti-pronged plan to renovate it. The 200-unit apartment building opened in 1925 as a luxury rental complex on Ponce, then one of Atlanta's most fashionable streets. It now provides Section 8 housing to the elderly. The renovations include refurbishing …

TERRY

3:18 pm on Tuesday, February 19, 2013

Agree with everyone else here. The numbers do not add up. Perhaps a little more investigating by the Patch staff?   more ›

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