CORRECTING AND REPLACING CP Group Unveils Mixed-Use Master Plan for Redevelopment of Piedmont Center

Deepening its Atlanta investment, the firm behind the former CNN Center’s transformation will reimagine the 2.2M-SF property as an elevated mixed-use destination

ATLANTA--(BUSINESS WIRE)--Sixth paragraph, first sentence should read "83,000 square feet" (instead of "77,000 square feet").

The updated release reads:

CP Group Unveils Mixed-Use Master Plan for Redevelopment of Piedmont Center

Deepening its Atlanta investment, the firm behind the former CNN Center’s transformation will reimagine the 2.2M-SF property as an elevated mixed-use destination

CP Group, an owner-operator of office properties across the Sunbelt, today unveiled its master plan and rebrand for the 2.2 million-square-foot, 14-building Piedmont Center property in Atlanta’s renowned Buckhead business district. With renovations expected to begin this year, the 46-acre site will be redeveloped from a traditional business hub into a vibrant, mixed-use destination anchored by best-in-class restaurants and retail amenities.

With a proven track record of transforming the most iconic commercial addresses in Atlanta, including Bank of America Plaza and The Center (formerly CNN Center), CP Group is repositioning the legacy asset to thrive in the city’s evolving office market. Since acquiring the property in June 2025, CP Group has focused on activating Piedmont Center as an amenity-rich environment that enhances the daily experience for tenants and visitors. Early improvements included the opening of LiveWire Coffee in Building 6 and curated food truck programming that introduced fresh dining options throughout the project.

At the heart of the master plan is the introduction of a walkable, street-level retail and dining corridor along Piedmont Road, featuring at least six restaurant concepts and a collection of upscale retail offerings. CP Group has assembled a team of leading Atlanta-based architecture and design firms, including Smallwood and ASD|SKY, alongside placemaking strategists Of Place to realize the firm’s vision for Piedmont Center as an elevated communal gathering space.

“Piedmont Center is a perfect example of the high-value assets we target. The combination of this prime location and our reimagined master plan has already sparked immediate interest and strong leasing results,” said Chris Eachus, Founding Partner at CP Group. “We’re not just updating an office park; we’re building a destination. New restaurants and retail will anchor this project as a vital part of the Buckhead community.”

Planned enhancements include reimagined arrival experiences and hospitality-inspired lobbies at Buildings 14 and 15; expanded fitness and conference facilities; and a new gateway entrance and arrival courtyard with supported wayfinding. A centralized amenity center will connect parking decks to sport courts and feature a state-of-the-art fitness facility, flexible event space, wellness amenities, and a leasing center, reinforcing Piedmont Center’s evolution into a highly amenitized office environment.

The master plan follows 83,000 square feet of recent leasing activity with both new and existing tenants, including the expansion of Buckhead Investment Partners’ footprint to 19,576 square feet, and business management consulting firm ScottMadden, Inc. renewing its lease for 10,871 square feet. Stream Realty Partners’ Managing Directors Bryan Heller, Preston Menning, and Glenn Kolker, Vice President Parker Welton, and Senior Associate Lauren Slappey represented CP Group in all transactions. Availabilities exist for teams of all sizes, including large blocks up to 92,000 and 140,000 square feet.

“The leasing momentum at Piedmont Center is a direct reflection of the trust and support we’ve received from the tenant-broker community,” said Bryan Heller. “Their advocacy was instrumental in bringing new tenants to the campus and reinforcing long-term commitments from existing users. With CP Group’s vision taking shape, we’re entering an exciting new chapter and expect 2026 to be a transformational year for Piedmont Center.”

In response to strong tenant demand for speed, flexibility, and turnkey solutions, CP Group also plans to deliver approximately 42,000 square feet of fully built, move-in-ready spec suites across the property.

Strategically located near the intersection of Piedmont and Lenox Roads, Piedmont Center offers immediate access to Buckhead’s premier luxury retail, dining, and entertainment options. The property features scenic walking trails, multiple fitness centers, on-site conference facilities, tenant lounges, and expansive green space.

About CP Group

Founded in 1986, CP Group is a vertically integrated commercial real estate firm and value-add investor with deep market knowledge across the Sunbelt. The firm has acquired, repositioned, and operated over 170 office and mixed-use properties, totaling more than 64 million square feet and valued at over $8 billion. The firm applies its market expertise and integrated operations to deliver experience-driven environments that support tenant retention and maximize asset value. CP Group maintains offices in Atlanta, Boca Raton, Dallas, Denver, Jacksonville, Miami, and Washington, D.C. For more information, visit CPGcre.com.