NEWS BRIEF: The Varsity ‘considering’ redevelopment of Midtown property
How ‘bout a multi-use building with that chili dog walking?
Owners of the Varsity hot dog emporium are weighing development options for their valuable Midtown acreage and have retained the services of Cushman & Wakefield, a prominent real estate firm in Atlanta. According to a statement in the Atlanta Business Chronicle, members of the Gordy family are considering “ways to reinvest and expand our core business to reach more customers.”
“It’s the last great parcel in that part of Midtown,” real estate attorney Abe Schear of Arnall Golden Gregory said, referring to space adjacent to I-75/85 at North Avenue, “but it doesn’t necessarily mean the place will close. “I would like to see the Varsity re-imagined,” he added. “There is no reason that they can’t keep the Varsity open and redevelop the property… (or why it) can’t be a two-story restaurant with a smaller footprint.” Details: ajc.com