Save Money, Make Money, Shop Smart

The Medical Arts Building in Downtown Atlanta has been listed in the National Register of Historic Places. The dilapidated building at 384 Peachtree Street is one of a few surviving examples of the expansion of Atlanta’s central business district north of Five Points during the first three decades of the 20th century. As one of the first buildings in Atlanta to include a covered parking garage, it also represents the increasing influence of the automobile on the city. The building, developed by local doctors Cliff Sauls, Grady E. Clay, James E. Paulin and Malvern D. Huff, is an excellent example of an early 20th-century midrise office building, utilizing Neoclassical elements of pilasters, decorative cornice and clean lines. The building is also the work of noted Georgia architect G. Lloyd Preacher, who designed many buildings in Atlanta, including Atlanta City Hall and the WynneClaughton Building. Construction on the Medical Arts Building began in May 1926, and was completed in 1927. Global X, which provides capital to adaptive reuse projects for historic buildings, announced last month that it will refurbish the long-decaying structure.