just in time for Pride too:
http://www.ajc.com/news/content/business/0605/24bizcondo.htmlBackstreet, a disco that hosted the likes of Cher and Farrah Fawcett-Majors and was a landmark in metro Atlanta's gay history, will fall under the wrecking ball and be replaced by at least one, and maybe two, 40-story condo towers.
Developer Jim Borders, who is building condo high-rises from Buckhead to downtown Atlanta, plans to build the two condo skyscrapers in phases along Peachtree Street between Sixth and Seventh streets.
The first tower would open in 2007 and a second tower, if demand holds, would follow later, said Robin Loudermilk, president of furniture rental company Aaron Rents and a partner in the project.
"We have been developing residential communities in south Midtown since 1995, and this is simply the continuation of that activity," Borders said in a statement Thursday. "The development of this block is a key next step in this neighborhood's transformation into one of the premier urban environments in the Southeast."