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Miller Gallman Converting Historic Site to Lofts

ATLANTA-The lofts will range in size from 500 sf to 2,000 sf and range in price from $129,000 to $399,000.

By Natalie Keith | Updated on March 20, 2008

ATLANTA-Work has started to convert the historic Troy-Peerless building on Glen Iris Drive into 32 condominium loft units. The project is being developed by Miller Gallman Developers LLC.

Miller Gallman Developers principal Jerry Miller tells GlobeSt.com that the project cost is $2.5 million and the project has an estimated sell-out of approximately $7 million. The first tenants are expected to move into the building in May.

The Atlanta Loft Co., a subsidiary of Miller Gallman, is handling the marketing and sales of the units. Units will range in size from 500 sf to 2,000 sf and will range in price from $129,000 to $399,000. Ten of the units have already been sold. Each unit will feature a unique floor plan, build-out and amenities. Units will have exposed brick, metal truss ceilings and 30-light metal pivot industrial windows throughout the building.

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