Joe Truex and Co. have signed a lease for a new home for Watershed Restaurant which closed last week after more than a decade in Decatur. Owned by Emily Sailers, one half of the Atlanta-based Indigo Girls music group, the restaurant serves variations of traditional Southern favorites. Oddly, after serving the Decatur community for so long, Watershed's new location will be far from Decatur, in south Buckhead (SoBu). Intended to be the signature restaurant of the Brookwood on Peachtree, Watershed plans to reopen in their new digs by year end. Interestingly the Brookwood, a condo building, was recently purchased and units are again being sold after the building sat abandoned and vacant for over a year.
ST Residential, a firm that has basically made its name in buying and resurrecting foreclosed or otherwise distressed properties nationwide, is the buildings new owner and has the funding and resources to make their properties very attractive. I say that but amongst their other local holdings is The Atlantic at Atlantic Station which they'd need to pay me to even look at.
Buckhead is far more dense with more options for dining and difficult traffic. Presumably parking will be located in the deck below the condos and will be an improvement over the minimal parking Watershed had in Decatur as it shared with both the adjacent dry cleaners as well as Farm Burger. It's too early to tell how well this new Watershed will do but it will surely be missed by many in Decatur like my friends Catherine & Lauren aka The The Asian Cajuns.