The Georgia Trust

2011 PLACES IN PERIL: MEDICAL ARTS BUILDING

The Story: Designated as a local landmark in 2005, this building is closely associated with the growth and development of Atlanta as a major medical center for Georgia and the Southeast. The 1927 Medical Arts Building was Atlanta's first high-rise office building constructed specifically for medical professionals.

The Threat: The site was affected severely by GDOT’s “Freeing the Freeways” program in the mid-1980s that widened Atlanta's Downtown Connector. With the Peachtree Street bridge closed for a year and the permanent loss of the Alexander Street bridge, many medical practices in the building had difficulty remaining open.

Numerous real estate deals have fallen through. Although there are multiple liens against the building, the current owners have it listed for $11 million.

 

 

 

 


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