The Atlanta Business Chronicle reports that Jamestown Properties will put $180 million into the old City Hall East and turn it into Ponce City Market.  According to the ABC…

Early plans call for about 236,500 square feet of retail and 21,250 square feet for restaurants. Developers will also try to lure companies that want loft office space — a rarity in Atlanta. They’d offer 100,000 square feet floor plates and skyline views.

For a bit of context, North DeKalb Mall offers 635,000 square feet of retail, while Lenox Square has 1.5 million square feet.  However, the retail renderings remind me primarily of the Grove Arcade in Asheville, which is actually of similar size in terms of retail at 260,000 square feet.

Sounds like this old Sears and Roebuck building could be pretty dang cool once all is said and done.

A couple more rendering pics HERE.