Loeb Properties is preparing to build a new, 7,500-square-foot retail center in Midtown.
The center will sit just south of Overton Square at 2046 Union Ave., the current location of a Valvoline Instant Oil Change building.
"This constitutes a rare opportunity for a tenant to move into brand-new retail space on Union Avenue in the heart of Midtown," said Aaron Petree, Loeb's leasing broker for the property, in a news release. The multi-tenant building is set to include a restaurant, but Loeb didn't release the names of any confirmed lessors. The building will cost about $1.2 million, according to a building permit filed Tuesday.