VERIFY: Yes, Atlanta's historic Krispy Kreme is being demolished, but will be back Permits have been filed with the city of Atlanta to demolish the Krispy Kreme on Ponce. A spokesperson with the company says they will rebuild. Author: Jason Braverman (11Alive), Lindsey Basye, Danielle Herman Published: 2:25 PM EDT July 28, 2021 Updated: 6:31 PM EDT July 28, 2021 After much speculation about the future of the shop, 11Alive has answers. THE QUESTION Who owns the Krispy Kreme now? THE ANSWER Yes, demolition permits have been filed with the city. But a spokesperson with Krispy Kreme told 11Alive they intend to rebuild and they will "be back and sweeter than ever."