Atlanta, October 10, 2025
News Summary
Core Spaces, a Chicago-based developer, is moving forward with plans to replace the Cheetah Lounge in Midtown Atlanta with a 27-story student housing tower, named Hub Spring Street. The building will feature 532 residential units with approximately 1,600 beds and retail space on the ground floor. The project aims to enhance housing options for college students amid growing demand. The proposal will be reviewed by the Midtown Development Review Committee soon, with construction expected to wrap up by 2029.
Atlanta, Georgia – Core Spaces, a Chicago-based developer, has taken significant steps toward replacing the Cheetah Lounge, a longstanding strip club in Midtown Atlanta, with a new student housing tower. The developer filed a permit application for the project, which is set to be a 27-story residential tower named Hub Spring Street.
The proposed tower will feature a total of 532 residential units, accommodating approximately 1,600 beds specifically designed for college students. Additionally, about 6,527 square feet of retail space is planned for the ground floor, adding to the vibrancy of the area.
This project is being pursued in partnership with Capstone Communities, a Birmingham-based developer, marking a collaborative effort to enhance housing options in the Midtown area. The site of the Cheetah Lounge, located at 887 Spring St., covers 1.85 acres and is one of the last high-rise development sites available in Midtown.
The Midtown Development Review Committee is scheduled to review the proposal on October 14. Core Spaces intends to complete construction of the Hub Spring Street tower by 2029. This timeline suggests a long-term vision for increasing student housing availability in the region.
The Cheetah Lounge, which has been operational since the 1970s, has attracted a diverse clientele, including local residents, visitors, and businessmen, making its demolition a notable change for the area. The development aims to provide modern amenities to students, with plans for a third-floor amenity deck and designs that prioritize pedestrian-friendly access.
Moreover, the development will incorporate a 119-space parking deck, designed with access points that minimize visibility from the busy Spring Street. This is an effort to maintain the area’s aesthetics while providing necessary facilities for residents.
Student residents of Georgia Tech have shared mixed feelings about the incoming development. While some students express concerns over anticipated traffic increases and the possibility of diminished unique offerings in the vicinity, others recognize the project as a potential solution to the ongoing housing shortage that Georgia Tech has faced amid significant enrollment increases in recent years.
The architectural firm responsible for the design of the Hub Spring Street is Dwell Design Studio, a Sandy Springs-based firm known for its innovative approaches to residential design. As demand for student housing continues to rise, this development seeks to address both the need for living space and the growing trends in urban development.
Key Features of the Hub Spring Street Development
- 27-story residential tower
- 532 residential units
- Approximately 1,600 beds designed for college students
- 6,527 square feet of retail space on ground level
- Parking deck with 119 spaces
- Third-floor amenity deck
- Pedestrian-friendly designs
Next Steps
With the Midtown Development Review Committee set to evaluate the proposal on October 14, stakeholders and residents alike will be eager to observe the potential changes to the landscape of Midtown Atlanta as this student housing initiative progresses.
FAQ
What is the name of the new student housing tower?
The proposed development aims to demolish the Cheetah Lounge, a famous strip club in Midtown Atlanta. The project will consist of a 27-story residential tower, set to be named Hub Spring Street.
How many residential units will the tower have?
The tower will include 532 residential units, accommodating approximately 1,600 beds designed for college students.
What is the size of the retail space included in the project?
About 6,527 square feet of retail space is also planned for the ground floor.
When is the proposal being reviewed?
The Midtown Development Review Committee is scheduled to review the proposal on October 14.
When is the completion date for the project?
Core Spaces intends to complete the project by 2029.
Chart of Key Features
| Feature | Description |
|---|---|
| Project Name | Hub Spring Street |
| Height | 27 stories |
| Residential Units | 532 units |
| Student Beds | Approximately 1,600 beds |
| Retail Space | 6,527 square feet |
| Parking | 119-space parking deck |
| Amenities | Third-floor amenity deck |
| Review Date | October 14 |
| Completion Target | 2029 |
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Additional Resources
- 11Alive: Progress on Cheetah Lounge Student Housing
- Wikipedia: Georgia Institute of Technology
- AJC: What’s Next for Cheetah Lounge
- Google Search: Cheetah Lounge Atlanta
- Rough Draft Atlanta: Cheetah Lounge Property Development
- Encyclopedia Britannica: Cheetah Lounge
- Atlanta News First: Cheetah Lounge Replacement Plans
- Google News: Cheetah Lounge Development
- The Atlanta 100: Student Housing to Replace Cheetah Lounge
- Fox 5 Atlanta: Cheetah Lounge Shooting Update
Author: STAFF HERE ATLANTA WRITER
The ATLANTA STAFF WRITER represents the experienced team at HEREAtlanta.com, your go-to source for actionable local news and information in Atlanta, Fulton County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as vibrant music festivals like Shaky Knees and Music Midtown, major cultural celebrations including Dragon Con and the Atlanta Film Festival, and iconic sporting events like the Peachtree Road Race. Our coverage extends to key organizations like the Metro Atlanta Chamber of Commerce and the Atlanta Convention & Visitors Bureau, plus leading businesses in logistics, beverages, and retail that power the local economy such as Delta Air Lines, The Coca-Cola Company, and The Home Depot. As part of the broader HERE network, including HEREAugusta.com and HERESavannah.com, we provide comprehensive, credible insights into Georgia's dynamic landscape.
