Atlanta’s Daily World newspaper building on Auburn Avenue has been sold to new owners who have announced their intent to transform the commercial space into a retail and housing development. The building was purchased by Atlanta-based Gene Kansas Commercial Real Estate, and monetary terms remain undisclosed at this time. The building will undergo a vibrant revival, according to the new buyers, as the building is a staple in the historic district and needs some modernization.

The building was heavily damaged following a tornado in 2008 and the newspaper relocated to East Point, while the building remained unrepaired. The new buyers will likely be a positive impact on the building and will help restore the place to its original thriving look. To help remind people of the Atlanta commercial building’s history, Kansas said he plans to keep the plaques on the door that recognize the Atlanta Daily World’s 86 years of print journalism. At one point, the company printed more than 40 separate newspapers at its plant on Auburn Avenue.