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                                                                                                                                            October 13, 2009

The Inside Scoop on the People & Places that Shape Atlanta Real Estate
 The Old Gold Club Set to Become the new "Gold Room"
  Gold Room
The former site of the Gold Club is bustling with activity yesterday as it prepares for its grand reopening later this month as the Gold Room.

Eight years after federal agents shut down an adult club on Piedmont Road, new owners have seized what some are calling "a golden opportunity".
 
The former Gold Club, at the corner of Piedmont and Lindbergh, was closed after its owners confessed to federal racketeering and fraud, and ironically the next tenant to call the place home was a church.  Complete renovation is currently underway, which included removal of church décor on the walls, installation of a gold awning over the main entrance and a giant disco glitter ball hanging from the ceiling inside. 
 
Not to be mistaken for its predecessors, the new "Gold Room" will open later this month as a  nightclub and dance spot.  "We'd like to pay homage to the history of the building," says Gold Room owner Jonathan Clay.  "This is part of Atlanta nightlife history.  It is a landmark.  But we are, definitely, setting out on a different path than the previous establishment." Local neighborhood planning units support the change in business.
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 CREW Atlanta Luncheon Rolls a Perfect 10!

CREW luncheon
Leah Yzerman (Eola Capital), Candy McIntyre (Eola Capital), Chrissy Smith (CREW).

CREW Atlanta (Commercial Real Estate Women of Atlanta) held their monthly lunch program in the heart of Atlantic Station at Ten Pin Alley. While no strikes were bowled, the sold-out program featured the panel discussion topic, "Turnaround with a Twist". The panelists discussed their thoughts on strong industries that might help start an economic upswing in Atlanta. 

CREW luncheon
Scott Levitan (Forest City Group), Char Fortune (Grubb & Ellis), Penelope Cheroff (The Cheroff Group).

All in attendance agreed with moderator Char Fortune that the medical field, education and the government are growing industries. When Char posed the question "what is your 10 year prediction for Atlanta?", Scott Levitan said the Beltline will be finished and it will help reshape transportation for Atlanta.  Jim Jacoby is bullish on his planned development at the old Ford Plant on the southside, which has been renamed "Aerotropolis". It will be built with alternative energy efforts like using landfill gas and solar plants. Clark Gore encouraged everyone in closing by remarking, "History repeats itself.  We WILL recover."

CREW luncheon
Clark Gore (Jones Lang Lasalle) and Jim Jacoby (Jacoby Development).
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 Cocktails by the Creek
Cocktails by the Creek
Chris Port, Jeff Keppen, and Katherine Lynch of CB Richard Ellis.

Tenant Rep brokers gathered in the courtyard at Northcreek Office Park to enjoy cocktails on Thursday, October 8th. CB Richard Ellis was showing off the newly renovated conference room and a spec office suite. The big hit of the evening were the scratch off cards created for the event that revealed cash prizes!

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 Hand Over Your Lunch Money!


NAIOP Cocktail Party

The recent flooding sure bullied many Atlanta residents, but help is on the way.  From 11:30 a.m to 1:30 p.m. this Thursday, the Buckhead Business Community will be donating their lunch money to support local relief efforts.   Head on over to the Terminus Atrium, which is located at the corner of Peachtree and Piedmont, to make your donation.  You'll get a coupon for a free Chick-fil-A sandwich in return, so you don't have to skip lunch!  You can also donate online at Lunch Trek To Terminus.


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The Real Estate Rooster is an online newsletter directed at the real estate industry in Metropolitan Atlanta. You have received this newsletter through your affiliation with the real estate industry. If you have received this newsletter in error or would like to unsubscribe, please follow the link below. The content of this newsletter is independently developed by Rooster Media, LLC and is not directed by the advertisers whose names and ads appear herein. All of the content in this newsletter is the sole and exclusive property of Rooster Media, LLC. © 2009.