The 51-story skyscraper houses the paper giant. The company would convert its upper floors into 400 apartments and retrofit the lower floors into 125,000 square feet of restaurant, retail and entertainment space. Georgia-Pacific would retain about 600,000 square feet of office space.

The Georgia-Pacific office tower, the pink-granite pillar in the Downtown skyline, could bring much-needed residents to a pocket of Peachtree Street dominated by offices and hotels. Why it matters: The paper-towels-and-everything-else company's plan to turn the upper floors of its 51-story building into more than 400 apartments is a high-profile rethink of Atlanta office spaces in a post-pandemic world.

Georgia-Pacific announced on Wednesday plans to transform its 51-floor headquarters and surrounding city block into one of the largest mixed-use redevelopments in the country.

Georgia-Pacific said it will transform its iconic 51-story downtown Atlanta headquarters into a mixed-use development. The project will include 400+ high-rise apartments, offices, and a 35,000-square-foot plaza.