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The deal comes as the seller, Highwoods Properties, is seeking approval of a massive mixed-use development on 34 acres across the street from the site. ....
Highwoods plans 34-acre mixed-use project at Innsbrook’s northern end Images courtesy of Highwoods Properties) The reimagining of Innsbrook as a mixed-use mecca is now squarely focused on transforming the office park’s northern end. Highwoods Properties, a developer and major landlord in Innsbrook, is planning a massive mixed-use development on about 34 acres at the park’s northern entrance at Nuckols Road and Interstate 295. The largely undeveloped site includes the Innsbrook After Hours concert venue and the recently acquired Elks Lodge property, which Highwoods purchased last year, completing the assemblage. Highwoods envisions filling the site with a mix of retail, office and multifamily residential development, as well as a potential hotel. ....