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ATLANTA-Terminus 200, the 25-story, 565,000-sf Buckhead office tower being developed by Cousins Properties Inc. and Prudential Real Estate Investors, has gained its first two restaurant tenants. III Forks steakhouse and gourmet Mexican restaurant Cantina Laredo are set to occupy 16,000 sf, almost all of the retail space available at the under-construction building set for completion in August 2009.

Both of Terminus’ new restaurants, owned by Dallas-based Consolidated Restaurant Operations Inc., are entering the Atlanta market for the first time. They are expected to attract potential office tenants to the new $172.5-million building by appealing to a user who wants a variety of different dining options on site, Matt Gove, senior vice president of Cousins, tells GlobeSt.com.

No office leases have been signed at the project yet and leasing rates for the building are not being released at this time, according to Cousins. Marcus & Millichap second-quarter reports claim the CBD/Midtown/Buckhead submarket enjoys the highest average retail rent in Atlanta at $22.20 per sf.

“The new restaurants add to the destination and the idea that Terminus is a place where you don’t have to leave if you don’t want to,” Gove says of the new additions to the 10-acre Terminus development. Currently the development has one complete building, Terminus 100, a 656,000-sf office tower with 60,000 sf of retail featuring restaurants AquaKnox, BrickTops, The Flying Biscuit Cafe, LOLA Bellini Bar and Chick-fil-A.

Five or six buildings are planned for the site, says Gove, with Terminus 200 and 10 Terminus Place, a 137-unit residence currently under construction. In total, the $700-million project is planned to include more than one million sf of office space, 125,000 sf of restaurant and retail space, and 800 residential for-sale units.

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