Luxury Buckhead mall submits plans for interior renovation.
Simon Property Group is moving forward with plans to overhaul the interior of Phipps Plaza, the developer’s luxury Buckhead mall.
A building permit application was submitted to City of Atlanta Wednesday for commercial alterations to the mall’s “common areas.”
This project will be the 45-year-old mall’s first major renovation since 1992.
An estimated $2,609,000 will be spent on things like replacing handrails, painting the mall’s interior, and new flooring throughout, according to the application.
After completion of the mall’s renovation, Simon could develop a mixed-use project with retail, residences (Domain at Phipps) and a Marriott-branded hotel, all located on the same parcel of land as the luxury mall.
This project follows a multi-phase renovation of Phipps’ sister property across the street, Lenox Square, completed mid-July.
I think Phipps is in trouble once atlanta Buckhead opens here shortly Phipps does not get much traffic at all. Paint and flooring not going to being shoppers in.
We may see this get torn down some day and replaced with more office towers.
Future Buckhead Convention Center with movie theater and anchor stores.