ATLANTA—Downtown Atlanta's historic Flatiron Building is getting a makeover. Backed by capital advisor Patterson Real Estate Advisory Group, Lucor Resources is investing $12 million to renovate the building over the next six months.

“As the millennial generation continues to drive market conditions and new development, the revitalization of the Flatiron will help attract entrepreneurial tenants who want to work in an urban, walkable setting,” Arun Nijhawan, the primary principal of Lucror, tells GlobeSt.com. “While these tenants require space with up-to-date fixtures and technology, they will appreciate the integrity and character of Atlanta's oldest skyscraper.

The 11-story, 42,460-square-foot building was originally constructed in 1897. That's five years prior to the famous Flatiron building in New York City. As Atlanta's second and oldest standing skyscraper, Lucror will maintain the integrity of the historic fac¸ade, leverage the urban environment and repurpose the interior as flexible office space for young companies and, corporations.