ATLANTA—Parkside Partners is redeveloping 1280 West Peachtree in Midtown Atlanta as "16th Station." The class A, boutique office property that will feature an industrial loft-style design and rooftop terrace. Parkside acquired control of the property in September.

"With the continued strong demand for office space and ongoing increase in rental rates in Midtown, we think this is a very good time for 16th Station," Kyle Jenks, founding principal of Parkside, tells GlobeSt.com. "The project's loft-style design, location in the heart of Midtown and proximity to a MARTA rail station make 16^th Station particularly attractive to employers seeking to attract and retain millennial employees. Tenants will also benefit from the property's location in the Midtown Opportunity Zone, which offers significant tax incentives to tenants who create new jobs."

Located at the southwest corner of West Peachtree Street and 16th Street, the project is part of a $1-billion development boom that is bringing a slew of new projects to streets next to the traditional Peachtree Street CBD. MSTSD is the project architect. Renovations will begin as soon as a lead tenant is secured, with completion targeted for early 2017.