Five Points Hotel Demolition
A staple to Downtown Atlanta for more than 70 years. Five Points’s began in 1946 when Joe Caparulo’s father decided to open up a convenience store.
When Cappy’s was originally put on the market Dick Reidy saw it as an opportunity and purchased the building from Joe Caparulo and his sister. Amani Vlasic owned a gift shop which filled the retail space where Cappy’s was and there were two upper apartments that were rented out for four years. Vlasic decided to closer her shop and the building was put on the market once again to either lease or buy. The owners of the building offered to donate the building to Elmira College who already owned the building that sat directly behind Cappy’s. It was with the understanding that both buildings would be razed and be created into a green space. This entire project will become a reality sooner rather than later.
Demolition on Cappy’s began this afternoon and is set to conclude on Monday morning.