Downtown's historic Healey Building sold, $1.5 million renovation planned

February 14,2018

Source: Douglas Sams, Atlanta Business Chronicle

The Healey Building, the Fairlie-Poplar district landmark known for its Gothic revival architecture, has been sold.

A partnership of Joel and Granot Real Estate and investor Dion Meltzer bought the roughly 50,000-square-foot commercial component of the downtown building. They paid $4.2 million, or about $84 a foot.

The new owners will launch a $1.5 million renovation of the common areas and vacant spaces that could be finished by this summer. The office space will feature high ceilings and large bay windows, according to the partnership.

Fairlie-Poplar is filled with buildings that made up Atlanta’s earliest business district. Its revitalization over the past decade has been led by Georgia State University, which has a large presence in the area.

The Healey Building, at 57 Forsyth St., is listed on the National Register of Historic Places. In 2005, it was converted to a mix of condos and commercial space.