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Broughton Municipal Building to get new life as hotel, restaurant

  • Columbia Ventures

You may have previously visited the corner of Broughton and Abercorn streets to take out a loan or pay your utility bill, but in the coming years you might be there to enjoy a cocktail on Broughton Street’s only rooftop bar.

Designed by local group Levy & Kiley Architects 60 years ago, the Broughton Municipal Building at 132 East Broughton St. originally served as First Federal Savings & Loan before the city of Savannah purchased it in 1991. Now under the ownership of Columbia Ventures, it’s slated to become a 43-room hotel with a restaurant on the ground floor and a rooftop bar. Space will also include an entertainment and bar component in the basement.

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Source www.savannahnow.com

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Asana Partners Acquires SPX Alley From Columbia Ventures For $19 MM

  • Studioplex

‘Strength of all of the entrepreneurs that have opened’ in the development led to the ‘great sale.’

Asana Partners recently acquired SPX Alley from developer Columbia Ventures, the Atlanta Business Chronicle first reported.

The Charlotte-based real estate company paid $19 million for the 30,000-square-foot retail portion of Studioplex’s Phase II.

It sits under townhomes, being developed by Thrive, that were not included in the sale.

Dillon Baynes, co-founder and managing partner of Columbia [Ventures], confirmed the sale in an email to What Now Atlanta Tuesday.

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Source: whatnowatlanta.com

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A warehouse of creativity

  • Union Terminal Warehouse

OPINION
By Frank Denton
Jacksonville.com/The Florida Times-Union

Driving out East Union Street from the Downtown core, you have to be careful to take the Union exit, or you’ll find yourself on the Mathews Bridge into Arlington. So take the exit, then an unmarked left and a right to stay on what’s left of Union.

There, in a gritty, grimy, obscure industrial corner of Downtown…, you’ll find the massive Union Terminal Warehouse, a piece of Jacksonville industrial history that could become part of its creative future.

Behind its aged steel doors, scores of pioneer artists and makers have carved out their own studios in creating the third piece of what one called the “golden triangle” of arts districts, joining CORK in Riverside and the Phoenix Arts District in Springfield.

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Source: Jacksonville.com/The Florida Times-Union

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