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Founder & Broker
In 1988, Mel started Stowers and Company to do Commercial and Industrial Real Estate.
The adaptive reuse movement started in Atlanta when Mel brokered the first downtown Atlanta loft development of the Pioneer Neon warehouse at 342 Marietta Street. Mel sold the building that became, and still remains, the Pioneer Neon lofts.
In 1998, Mel was the broker on the first adaptive reuse project on Krog Street, selling to Judi Knight who turned this 1940’s cotton sorting warehouse into seven live/work condominiums.
Mel, Richard Taylor and Jeanie Wooster bought the Stove Works building on Krog Street for an adaptive reuse project.
Mel along with partners Jeannie Wooster and Richard Taylor converted the Stove Works into offices and restaurant space and leasing the spaces themselves.
Mel, Jeanie and Richard turned their attention to renovating another dilapidated building, 154 Krog Street. They converted it into office and restaurant spaces and sold them as condominiums.
Mel, Jeanie and Richard sell the Stove Works to Paces Properties as a part of the package including the sale by Tyler Perry of the building across the street that is now the Krog Street Market.
Mel Stowers was awarded the Silver Phoenix for being in the Million Dollar Club for 25 years.
Ben Stowers joined the family business.
640 North Avenue Project.
Helped the developer acquire this property and worked on a site development plan for the former Hudgins Wrecking Yard.