Selig Newsroom

To say that family is important to Steve Selig is a major understatement.

“I would say family comes first, second, third, fourth and fifth and then everything else comes after that,” Selig said. “To me — and it may sound a little trite because most people say this — but I can assure you, family is so far first in importance I don’t even know what’s second. I am blessed to have 14 grandchildren. I am blessed to have a wonderful wife and a wonderful sister. I have five great kids. We just have a very loving, very close family.”

Those aren’t just empty words for Selig, according to his son, Scott Selig, vice president of acquisitions and development for Selig Enterprises Inc., the family’s real estate company.

“Family is the most important thing to my father. His days revolve around his children and his grandchildren. There is no event and there definitely is no distance that is going to keep him away from a soccer game or gymnastic meet, a school play or grandparents’ day,” Scott said. “I have seen my father travel halfway around the world and only stay for 24 hours because he refused to miss a special event for one of his family members. His love and his passion for his family is the foundation for who he is.”

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77 12th is a 23-story mixed-use tower consisting of 330 luxury one-bedroom and two-bedroom high-rise apartments and 20,000 square feet of street-level retail and restaurants.

Upscale features include ten-foot ceilings, granite and stone kitchens and baths, stainless-steel appliances and full-size washers and dryers. Amenities on the top floor include a club room, game room, fitness center and sky deck that provides sweeping panoramas of the Midtown and Downtown Atlanta skylines. The tower also features an extensive rooftop terrace across the parking deck. The private terrace level features lush landscaping, a zero entry salt water pool with waterfall and tanning ledges, multiple grilling stations, outdoor dining areas, bocce court and more.

For more on this story: http://atlanta.uli.org/

There’s been a bit of a shuffling of retail tenants at 77 12th St., a luxury apartment tower in Midtown.

Dallas-based restaurant Princi Italia is now set to open a new location at the building, which is the newest phase of the 12th & Midtown development.

The restaurant is taking the spot at the corner of Crescent Avenue and 12th Street that once was planned to become Taco Diner, a concept from Dallas-based MCrowd Restaurants and a sister restaurant to Mi Cocina.

Princi Italia is an upscale pizza and pasta joint that’s under the same ownership as nearby Midtown sushi spot STEEL Restaurant & Lounge.

It will be the first location in the state.

“The concept is really unique for Atlanta,” said Shirley Gouffon, senior vice president for Selig Enterprises Inc., who handles retail leasing at 12th & Midtown. “It’s a very sexy concept.”

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Veteran Atlanta real estate development companies Carter and Selig Enterprises will team up to develop the City Center project for Sandy Springs.

The Sandy Springs City Council approved the move June 17.
The City Center project aims to transform parts of the aging Roswell Road corridor into a more walkable district. The area being redeveloped is a 14-acre block bounded by Johnson Ferry Road, Roswell Road, Mount Vernon Highway and Sandy Springs Circle. It will include a civic/cultural center, mixed-used development, parking and green space.
The project comes almost nine years after Sandy Springs officially became a city. Sandy Springs also makes up part of the largest office market in metro Atlanta, known as the central Perimeter, an area that houses the headquarters of United Parcel Service Inc. (NYSE: UPS) and Newell Rubbermaid Inc (NYSE: NWL).
Sandy Springs and other suburban Atlanta cities have seen the success intown areas have enjoyed in luring more investment to urban, walkable districts where people can live and shop closer to their jobs.

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Documents published by the Medlock Area Neighborhood Association show that developer Selig Enterprises will soon begin demolishing existing structures at Suburban Plaza to make way for a Walmart.

Scott Selig on June 6 provided residents living near Suburban Plaza an update.

“We will begin demolishing a portion of the shopping center in the coming weeks and will commence with our facade renovation this fall,” Selig wrote. “All sidewalks, bike paths, and green space will be done as the construction is taking place.”

Selig wrote that the company expects to have the project completed by next summer and be ready to open in fall of 2015.

The developer also wants community feedback on a special use permit for a Starbucks drive-through at the shopping center. There will be a meeting about that permit on June 24 at North Decatur Presbyterian Church, located at 611 Medlock Road. The meeting begins at 7 pm.

Selig’s letter says the company donated $5,000 to the Medline Livable Centers Initiative Study, a master plan for a 520 acre area that includes the shopping center. According to Medline LCI, the study area is, “framed by four major intersecting corridors: Church Street, Scott Boulevard/Lawrenceville Highway, North Decatur Road and DeKalb Industrial Way. General boundaries are defined by Jordan Lane to the north, Medlock Road to the west, Remington Lane to the south and DeKalb Industrial Way to the east. The DeKalb Medical Center, Patel Plaza and Suburban Plaza are all popular destinations located within the study area.”

For more on this story: http://www.decaturish.com/

The Council for Quality Growth has tapped real estate businessman Steve Selig as the recipient of the 2014 Four Pillar Award.

The award is one of the most prestigious annual recognitions given to leaders who have had a major impact on the Atlanta region – from Tom Cousins to Arthur Blank to Shirley Franklin to Johnny Isakson to John Portman.
“It reads like a Who’s Who. These are all people I’ve looked up to and learned from,” Selig said in an interview from his company’s offices on Spring Street. “It’s overwhelming.”
Selig, however, credited his grandfather, his uncle, his father and his mother for having the most influence on his life and career.
His grandfather, Ben Massell, started the business in 1918. When he died, half the business was left to Steve Selig’s uncle — Ben Massell Jr. — and his mother — Caroline Massell Selig. His father — Simon Stephen “Slick” Selig — came from a family that had been in the chemical business. That company – Selig Chemicals – was sold to National Service Industries, and Slick Selig joined his brother-in-law in the real estate business.

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Central Atlanta Progress hoped to make a statement with its move to the top floor of 84 Walton Street, a building that once served as headquarters for the Atlanta Birmingham and Atlantic Railroad.

“Our job is to help attract private capital, to promote adaptive reuse,” CAP President A.J. Robinson said in an interview with Atlanta Business Chronicle.

“As a redevelopment agency, [we] felt we could lead by example,” he added.

Robinson announced the relocation at the organization’s annual meeting at the Georgia World Congress Center March 19.

Central Atlanta Progress is moving from the Hurt Building on Edgewood Avenue, where it has been a tenant since 1988.

Its lease was up for renewal in July, and it thought after more than two decades in the same place that it was time for a change. CAP negotiated a new deal with 84 Walton Street owner Selig Enterprises Inc.

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Nestled in the Fairlie-Poplar District of downtown Atlanta, at the corner of Fairlie and Walton, sit 75 Marietta and 84 Walton Street, two buildings connected both physically and historically. 

These buildings were originally built in the early 1900s, one of which was a Georgia Railroad and Power Company (the predecessor to Georgia Power) substation for powering the streetcar system, and the other occupied as the headquarters of Atlanta, Birmingham and Atlantic Railroad.

Only ¼ mile from the streetcar line in the center of the theater and arts district with Woodruff Park to the West and Centennial Olympic Park to the East and numerous restaurants, MARTA and the Atlanta BeltLine within walking distance, this location is perfectly suited for any organization looking to enhance their brand. Opportunities range from 1,500 to 81,000 square feet.

Charles Beard and Scott DeMyer are spearheading the leasing of the adjoined buildings.

For more on this story: http://www.cbre.us/