ATLANTA-One of Lane Co's biggest hitters is calling it a day. Marc Pollack, president of Lane Investment & Development LLC for the past 12 years, is stepping down over the next few months but will remain with the company as a paid part-time consultant. The company is conducting a nationwide search for Pollack's replacement.

During his tenure, Pollack participated in the company's acquisition and development of more than 80 investments totaling about 20,000 multifamily units at an aggregate development cost of $1.5 billion. Lane Co. president and CEO Bill Donges called Pollack's contribution to the company "phenomenal. We wish we could keep him full-time but he had made up his mind that it is time for a change."

Pollack says his decision to leave Lane was based on his "goal to have the freedom to devote my time to independent endeavors and investments, but I'll still be very much involved with Lane Co." He says his consulting contract with Lane will "help bring dozens of current projects, as well as those in the pipeline, to successful and profitable conclusions."

Among the projects Pollack has helped close are several large intown, mixed-use and mixed-income developments, including six successful projects in Atlantic Station. Lane is also developing the sold-out Radius condominiums in Hollywood, FL; new apartments and condos near Atlanta's Lindbergh City Center in a joint venture with Atlanta-based Harold A. Dawson Co.; and is negotiating to develop apartments and condos at Atlanta's City Hall East site with Ponce Park, LLC.

Lane Co. is the parent of Lane Investment & Developments.