Atlanta’s “Murder Kroger” will face the wrecking ball later this month, making way for a $190 million redevelopment that will bring an updated store and office building to the site along the Beltline's Eastside Trail.
Atlanta development firm New City LLC and The Kroger Co. (NYSE: KR) reached an agreement to close the store Oct. 28. New City had most of the site under contract since January, but recently bought more land and now owns about 5.5 acres where the project will rise.
Demolition of the Kroger could begin by mid-November, the developer said.
Officially named 725 Ponce, the redevelopment will feature a new 12-story office building over a 60,000-square-foot Kroger. The office building is set to be finished by the end of 2018. The new grocery could open in early 2019.