Atlanta — Commercial real estate firm CP Group has announced plans to reopen the 1.2 million-square-foot former CNN Center in downtown Atlanta this year.
CP Group has repositioned the property as The Center (CTR), which is projected to open in May.
The firm acquired the building from AT&T in 2021 and first announced the rebranding in 2024. CNN began moving back to its Turner Techwood campus in Midtown Atlanta in 2023.
Changes at the development include a new, 12-concept dining space, dubbed CTR Food Works. Situated in the central atrium, the 24,000-square-foot CTR Food Works will be operated under Gansevoort Cos. and led by Robert Montwaid, who created Chattahoochee Food Works in Atlanta and Gansevoort Market in New York. Confirmed food-and-beverage concepts include La Tropical, Fuzzy’s, Patty & Frank’s, Mimi Taqueria, Flora D’Italia, Dessert Box and a full-service CTR bar. The restaurants and bar are expected to open in time for the FIFA World Cup, of which Atlanta is a host city.
Restaurant anchor Mastro’s Ocean Club has also signed a lease at the property and will occupy an 8,200-square-foot, ground-floor space. Hines is representing CP Group in all retail leasing transactions and is advising on redevelopment strategy at the building.
In addition to the completion of $50 million in exterior renovations, CP Group is underway on $15 million in atrium improvements.
Founded in 1986, CP Group has a current portfolio of roughly $4 billion across the Sunbelt. CP Group’s Atlanta footprint includes approximately 9 million square feet and features Piedmont Center and Bank of America Plaza. The firm recently announced plans for the redevelopment of the Piedmont Center office campus.
— Hayden Spiess