The building is said to be one of the state’s largest structures. Credit: Brandon Griggs via Unsplash.

Kenny Wolfe and its affiliated developers are set to break ground on the redevelopment project of the Grant Building at 44 Broad Street NW in the US.

The building’s co-owner, Kenny Wolfe, alongside Bush Construction project superintendent Kevin Mericle, will attend the ground-breaking event that is scheduled for 13 July.

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Once finished, the building will feature 165 multifamily units and feature amenities such as a fully equipped clubhouse, a private spa, a business centre, a lounge/social area, and a fitness centre that will include a yoga studio, treadmills, and Peloton-branded bikes.

The building’s ground floor is for retail space, with the second floor designed for offices and multifamily residences occupying the remaining levels.

The structure has undergone a total of three renovations, with the most recent in 2019 that covered interior upgrades to elevators and other key systems.

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In December 2022, a joint venture of real estate investors Kenny Wolfe, owner of Wolfe-Investments, and Ike Bams and John Williams, co-founders of Bluelofts, purchased the Grant Building.

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Wolfe Investments is a private equity real estate investment company based in Plano, Texas.

The ten-storey Grant Building was originally built in 1898 and is said to be one of Atlanta’s oldest structures, as well as the second-oldest steel structure building in Southeastern US.

It is located in downtown Atlanta’s Fairlie-Poplar historic area, in its business district centre.