By Tony Wilbert, CoStar News. Click here for full story.
Simon Property Group is gearing up for its ambitious $200 million expansion of Phipps Plaza in Buckhead after fine-tuning some of its previously announced plans.
The Indianapolis-based retail REIT this week filed applications for permits to raze the existing Belk store and replace its existing parking deck and fire station. Simon also filed for a permit to begin land disturbance work at the site at Peachtree and Lenox roads.
Simon announced plans for the expansion, which would include a Nobu Hotel, office tower and a Life Time fitness location, in November. Since the announcement, Simon has shared - with the Buckhead Development Review Committee - an updated scope and new renderings from The Beck Group.
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