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Cousins and Town Lane finish $20M makeover of Atlanta office tower

The 21-story Proscenium building has moved to more than 75% occupancy after the renovation, while KPMG signed a 105,000-square-foot anchor lease with a 2028 move-in.

Reported · Written up by our desk · Commercial

Cousins and Town Lane have completed a $20 million renovation of the Proscenium building, a 21-story office property in downtown Atlanta, according to ConnectCRE.

The joint venture purchased the building in 2024, and the upgrade work included a refreshed lobby, two new entrances, and the addition of a retailer called Closers Coffee, along with improvements to shared amenities such as a gym area with showers and locker rooms.

ConnectCRE reports the property is now over 75% occupied. The second floor also features a conference center designed to hold more than 100 people.

Lease activity tied to the project includes KPMG signing a 105,000-square-foot anchor lease in March, with a move-in scheduled for 2028, and other companies such as Acuity Brands and BakerHostetler renewing their leases, ConnectCRE said.

Latest closeCoffee $324.25 ▼0.8%

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