Groundbreak.

Live-K Karaoke, Loca Luna, Ravine Join The CTR, Underground Atlanta

Live-K Karaoke signed a 10,500-square-foot lease at The CTR, while Underground Atlanta adds Loca Luna, Ravine and a six-stall food hall.

Rendering of the reimagined pedestrian alley at Underground Atlanta with retail, dining, and residences
Rendering of the reimagined pedestrian alley at Underground Atlanta with retail, dining, and residencesRendering courtesy of S9 Architecture

Live-K Karaoke has signed a 10,500-square-foot lease at The CTR, CP Group's conversion of the former CNN Center at 190 Marietta St NW, taking the former Dantanna's space along Andrew Young International Boulevard across from the Georgia World Congress Center. Live-K Atlanta, the chain's first Georgia location, is scheduled to open in fall 2027.

Rendering of the multi-level atrium at The CTR, the former CNN Center
Rendering of the multi-level atrium at The CTR, the former CNN CenterRendering courtesy of CP Group

The lease coincides with CP Group's third construction phase at the 1.2-million-square-foot property, which will add a fitness center, conference center and tenant lounge for office tenants. CP Group says it is fielding interest from prospective office tenants for more than 500,000 square feet, with CBRE's Nicole Goldsmith and Jeff Keppen leading office leasing and up to 317,000 square feet of contiguous space available.

Rendering of a pedestrian retail street in the Underground Atlanta redevelopment
Rendering of a pedestrian retail street in the Underground Atlanta redevelopmentRendering courtesy of WRS Real Estate Investments

Live-K joins a lineup that includes Mastro's Ocean Club, expected to open in November, CTR Food Works, the 24,000-square-foot food hall with 11 dining options, and The Looking Glass, slated for 2027.

Rendering of The CTR's reimagined atrium with dining and retail spaces
Rendering of The CTR's reimagined atrium with dining and retail spacesRendering courtesy of The CTR

At Underground Atlanta, owner Lalani Ventures says it is closing in on 90 percent occupancy, up from 5 percent when it bought the property in 2020, and has spent more than $50 million on the district's revival. Loca Luna, a Latin tapas restaurant and live music venue, is under construction and set to open next year. Ravine, a two-stage live music venue converting a former parking garage on Lower Wall Street into roughly 180,000 square feet of event space, is also on tap for 2027. Underground recently opened Lunchbox, a two-stage music venue and bar in a 10,000-square-foot space near MJQ nightclub.

Crowds fill the atrium at The CTR during an opening celebration in downtown Atlanta
Crowds fill the atrium at The CTR during an opening celebration in downtown AtlantaPhoto courtesy of Emily Nicole Crawford Events

Lalani Ventures says the district will have 10 performance stages running by the end of 2027. A six-stall food hall is planned for the corner of Alabama and Pryor streets in a former Foot Locker space, with letters of intent signed with four local operators and an opening targeted for next year.

Separately, Lalani Ventures and Exact Capital have proposed a 30-story, 405-unit tower at 76 Wall Street at Underground Atlanta, including 163 units restricted to 60 percent of area median income. Invest Atlanta's board approved an inducement for a $40 million tax-exempt bond issuance for the affordable units in September 2024.

Address
50 Upper Alabama St SW and 1 CNN Center, Atlanta, GA
Units
405
Floors
30
Sq ft
1,200,000
Completion
2027

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