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amli, lenox, sims park

Construction costs skyrocket, niches remain – such as Houston’s site near Lenox Mall

The site of a former Houston’s restaurant, across Lenox Road from the mall, is just the type of property that could accommodate a trophy asset the current and near-future economy could support. This comes at a time a new report from CBRE suggests some potential commercial developments may not make much economic sense because of skyrocketing construction costs in metro Atlanta.