BUSINESS BRIEFS

platinum sponsors Atlanta Orthodontic Specialists

Moody Williams Orthodontics

Phoenix Renovations Group gold sponsors Ansley Eye Care

Panacea Plastic Surgery

Ken Covers, Engel and Volkers food & decor Affairs to Remember silver sponsors

Highland Eye Boutique

Midtown Bank, A Division of First Landmark Bank

Buckhead Pediatric Dentistry

Ashley Bynum Intown Realtor

Laura Sosa Rocha Witte, Truth and Lending Team at Northpointe Bank

Boynton & Myrick Real Estate 755 North Apartments

Intown Renovations Group Poncey-Highland

Charlotte-based real estate company, Asana Partners, has purchased the two retail strip centers containing the historic Plaza Theatre and Majestic Diner in PonceyHighland. According to a report in the Atlanta Business Chronicle, the company paid $18 million for the properties located at the corner of Ponce de Leon and North Highland Avenues. There are no plans to demolish or redevelop the property, according to the new property owners. Plaza Theatre, a fixture since 1939, released a statement on its Facebook page to calm fears from patrons who were concerned about the cinema’s future: “The sale of the shopping center in no way impacts the operation of the theatre or its long term lease. We look forward to a successful and positive relationship with the new landlord as this shopping center embarks on a new chapter. Here’s to another 77 years of movie theatre magic.” utility’s operations center at 760 Ralph McGill Boulevard, located next to Historic Fourth Ward Park, is one of the largest remaining single tracts along the Eastside Trail. The Georgia Power property is just a short walk from Ponce City Market and the redeveloping Masquerade site.

Ground has been broken for Castleberry Park, a new mixed-use development on the Westside. The new $90 million development will offer approximately 130 apartments, a rooftop deck with panoramic city views and amenities including a clubroom, dog wash area and a package-delivery center. It will also feature ground level commercial space for restaurants and other retail, as well as a public park and a centrally located parking garage. In addition, Castleberry Park will include a 200-room Hard Rock brand hotel. The property is slated to be completed in 2019.

Fuqua Development has filed permits with the city to start the land development on nearly 160,000 square feet of retail for its Madison Yards project at 905 Memorial Drive in Reynoldstown. Madison Yards will have a mix of office, retail and 550 apartments developed by Greystar. Fuqua is reportedly in talks to bring a Publix supermarket and an AMC Theatre to the project, which will sit on the former Leggett & Platt factory site along the Atlanta BeltLine.

Georgia Power plans to put a prime 10-acre site along the Atlanta BeltLine’s Eastside Trail on the market in April, according to a report from the AJC. The

Endeavor, a nonprofit organization that facilitates long-term economic growth by selecting, mentoring entrepreneurs around the world, is expanding to Atlanta. Endeavor Atlanta’s launch is made possible by seed funding from Cox Enterprises. The new office will be run by Aaron Hurst, who joins Endeavor Atlanta from the technology company Ceridian, where he most recently served as vice president of global solutions. For more information, visit EndeavorATL.org.

New retail is open – or soon to open – at Ponce City Market in the Old Fourth Ward. Already open: Abbey Glass, which specializes in tailored womenswear and jewelry. Opening soon: South Moon Under – which offers women’s clothing, swimwear, accessories, jewelry and gifts for the home –and MAC Pro, the make-up company.

Spa810 is now open at Atlantic Station offering massages, skin care, facials, anti-aging, aesthetics and pain-free laser hair removal. For more information, visit spa810.com.