Since the onset of Covid-19, mixed-use developers have had to reevaluate their approach to office space allocation. The widespread adoption of hybrid work arrangements during the pandemic has led to a decrease in demand for traditional office leases. As a result, there has been a shift towards repurposing unoccupied space.
Originally entitled for 729,600 square feet of office and 33,586 square feet of retail at the State Farm campus in Dunwoody, KDC is now proposing a different plan. This includes 300 residential units and a 175-key hotel alongside only 300,000 square feet of office space and approximately 22,000 square feet dedicated to retail.
According to reports from Atlanta Business Chronicle , some partners at KDC are considering renting out apartments within this development as temporary housing for corporate employees who frequently travel. However,the project will not include any designated affordable housing units. Approval from Dunwoody City Council is expected for this revised proposal by KDC which aims to cut down on its original plans while adding new elements such as rental units and hotel accommodations.
