They've just recently announced the new development of the Gateway Center at College Park, which will be a mixed used development where they will host concerts, conferences, events, and will be the home of the Atlanta Hawk's development league team. 

Major Concert Venue at the Downtown Center 4.

A real man doesn't kiss and tell but I'll just say it involved a great time with some girls my friend and I met downtown after the concert.

There are still some, but cut way way back.Probably some demand for Irving, concerts at Toyota Music Factory, Conventions at the Convention center, two hospitals, lots of corporate moves, good central location not far from both airports and on two different rail lines.

I’m impressed with their comprehensive perspective with a concerted focus on the Corridor between Eagle-Star and Caldwell as the future growth area.

@Wesley Sherow a very real concern that is not mentioned is the scope and eventual cost of the total rehab.One of the most challenging projects I ever did was a rehab that converted a 100-year old five story concert building on Seattle’s waterfront to a storage facility.It was built and served as an ice plant that produced blocks of ice that was loaded in ships holds to transport food stuff to other parts of the world.This project and any major rehab of an OLD building carries much greater risk than one designed from scratch.In essence, the entire building is a “hidden condition”, which gives the general and its subcontractors a very wide lane to discover and charge for many change orders to cover the surprises they find along the way.You would be wise to use higher estimates for known costs and add generous contingencies for the unknown ones you are apt to run into.

During the downturns (and slower times of the year), the properties that are exceptionally located will still have rentals/income, and the rest will struggle much more significantly.Under this paragraph, I think we should also discuss location relative to population centers - it is important to be near major concertation of population.

My towns have restaurants, movie theaters, live music venues, concerts on the green, great schools, and more.

We have waterfront concert less than 1/2 mile away and we are a gateway to Acadia National Park so somewhat rural compared to Boston, etc but pay attention to the assets of your region.  

Lake Arrowhead is close enough for a drive to the village or a concert or Snow Valley for skiing.