Former City Laundry is Re-Cycled as Condo Conversion
- Mar 13, 2008
By Anuradha Kher, Online News EditorAtlanta–The Troy-Peerless building, a former city laundry site, has completed its transition to loft condominiums. The building, located in Atlanta’s Poncey-Highland neighborhood across from City Hall East on Glen Iris Drive, has been listed on the National Register of Historic Places since 1999.Architect Isaac Moscowitz designed the Troy-Peerless building in 1929. The building operated as a laundry until the late 1960s when Sears purchased it to use as a millwork facility. After Sears discontinued operations, it sat empty until 1996 when Miller Gallman purchased the property and converted it into loft apartments.Now available for sale, the 32 renovated condos have exposed brick, metal truss ceilings and original 30-lite metal pivot industrial windows. The building also has metal exhausts and pulleys on the exterior in addition to surviving artifacts of the working industrial laundry building in several residences.Troy-Peerless condos range in size from 500 to 2,000 sq. ft. and are priced from $129,000 to $399,000. Buyers of the Troy-Peerless loft condominiums will financially benefit from the buildings historic designation for which tax rates have been frozen at the 2007 millage rate and continuing on till 2017.Each loft has also been refitted with a contemporary kitchen featuring energy-efficient stainless steel appliances, European-style cabinets and the latest styles of countertops and tile. Many units feature a second-level loft with sleek metal railings and creative visual barriers.“The Troy-Peerless lofts have been designed to meet the needs of today’s buyer with contemporary luxurious amenities. The building is situated in an area that offers true urban living with close proximity to shopping, parks, major interstates and the redevelopment of City Hall East and the Atlanta BeltLine,” says Jerrold Miller, Miller Gallman Developers.