Another Buckhead Restaurant Closes
Unfortunately, Buckhead has lost another restaurant. Aquanox, a steak and seafood restaurant has officially closed. It was located in the Terminus building at the corner of Peachtree and Piedmont. On bright side, let’s look forward to another restaurant taking its place in the near future.
Fresh Food from Walgreens
Now your corner drug store is becoming more like your corner convenience or grocery. In a move designed to bolster revenues, Illinois-based Walgreens drug stores will soon begin offering fresh and prepared foods in its 7000 stores which include over 100 in the Atlanta area. You will be able to purchase fresh fruit, salads and even pizza along with beer and pizza.
World Cup Games in Atlanta?
The USA is making a bid to host the World Cup in 2018 and 2022. FIFA, soccer’s governing body, is planning to announce the host countries for the 2018 and 2022 tournaments in early December. Atlanta is one of 18 cities on the list to host games in the event that the US is chosen as the host country. Most people with insight into the matter seem to feel that the US has a much better chance of being awarded the 2022 tournament. Atlanta has demonstrated its ability to be a great host as evidenced by the success of the 1996 Olympics and the economic impact to the area would equate to hosting a Super Bowl. Let’s cross our fingers.
Will Intown Condo Values be Reset at Much Lower Prices
In a blog article posted yesterday on the Atlanta Business Chronicle website, Doug Sams stated that Starwood Capital Group’s recent purchase of the foreclosed Brookwood condo tower in Buckhead will likely result in a resetting of intown condo prices at a much lower amount. The sale price was approximately 35 to 40% of the original loan amount and as there are numerous other condo towers in financial trouble as well we could see a drastic drop in condo prices if more foreclosures occur.
A copy of the blog post can be found at
http://atlanta.bizjournals.com/atlanta/blog/2010/01/intown_condo_values_resetting.html?surround=lfn
New Coke Machines
There’s a new Coke machine coming soon. Don’t worry, this doesn’t mean that “New Coke” is coming back. In conjunction with Plexus Corporation, the Coca-Cola Company is developing the “Freestyle” beverage dispenser. The machine will be equipped with the capability of dispensing up to 100 different types of drinks including numerous varieties of soft drinks, water, tea and energy drinks. Significant production will not begin until mid to late this year but hopefully we’ll start to see some of the machines before too long.
