Lady Celeste

Amli has released renderings of one of its planned Buckhead apartment towers. The development is at the intersection of Roxboro and E. Paces Ferry Roads. The good thing about this development is that it is but a very short walk to the entrance of the Lenox MARTA station. This view would be from the park with Roxboro Road to the right. The first of the two developments presented includes 180 one-, two- and three apartment units in a residential tower that faces the 2-acre park and a new road, Park Drive, that runs along both sides of the park. Of the 180 units, 45 percent will be one bedroom, 40 percent two bedroom and 15 percent three bedroom. In addition to the residential tower, there will be 60 units that will wrap two sides of the parking deck on the east side of the site, facing both the park and Roxboro Road. The units wrapping the 423-space parking deck have stoops directly onto Roxboro Road. Here is the site plan for the entire development: This has been a rendering packed week so far. To read more on the development, click here: http://www.buckheadview.com/2014/02/amli-plans-reviewed-for-640-apartments.html

Oh wow! Drilling on the AMLI site too? Thanks for the current update Kh9142. That's the 30 story proposal right? The AMLI apartment building and 1138 Peachtree would be visible in the 98 14th Street rendering above. That is impressive for such a condensed area. Midtown is quite favored right now.

Okay...while looking at the 98 14th Street rendering, I almost flatlined! The tops of the buildings are not spiked but beautiful in their simplicity. The 60 story tower (Tower C) looks to be almost as tall as One Atlantic Center. Correct me if I am wrong but isn't OAC 825' tall? These will make QUITE the impact on the skyline. Much more so than I had originally imagined. To be honest, I would be perfectly fine if that was the final design. Although short, there is so much that I like at 782 Peachtree. I so hope that the developers can work out the retail spaces fronting Peachtree Street. This development goes a long way towards bringing the energy of the Midtown Mile down towards North Avenue...the physical order with Downtown. Okay, I just looked it up. One Atlantic Center is 820' tall. Not 825'. So I am guessing Tower C is closer to 800'. Reason for edit: to get the true height of One Atlantic Center.

You would have suggested they seek medical attention and I would have offered to pay for it, lol. Even if just two of the 50 story proposals get built, the skyline will be dramatically altered. It seems like all developers are pressing forward with their proposals. 33 Peachtree Pl and 811 Peachtree are soil testing. From announcement to construction times are getting shorter and shorter. The commercial financial credit markets must be very bullish on the Atlanta market at the moment.

It is being reported that soil testing is occurring at the site of the future 811 Peachtree apartment tower... Here is a picture from 2.24.14 of the site.... Photo courtesy of Kamden99 In the photo above, the 35 story Viewpoint is to the left and the newly completed Skyhouse 2.0 is to the left. Kamden99 is reporting that the space at the bottom of the Viewpoint facing the future 811 Peachtree building is slated to be an "urban" grocery store. The Viewpoint's retail spaces along Peachtree St and 6th Street are currently undergoing renovation. While this is not full on construction, it is great to see that Intergral Group is serious about getting the 35 story 811 Peachtree building from proposal to reality.

Let the adaptive reuses begin..... 222 Mitchell Street is slated to be converted to 240 apartments. This is great news because this location is actually just south of Five Points in what some refer to as South Downtown. The area has been largely overlooked but has great potential for a vibrant midrise community. Especially for those who like that trendy loft look. I will post more information as information becomes available. Description: 222 Mitchell Street is a mixed-use condominium conversion in Downtown Atlanta' s Railroad District. Unique commercial spaces include a former retail bank lobby with original 1940s terrazzo floors and a historic bank vault. This 14,000 square foot space includes a mezzanine level, and is great for a large-scale restaurant with a creative concept, but can also be subdivided or used for creative office space. It can also be expanded to up to approximately 18,500. Street fronting retail spaces also include units from 881 square feet to 4,412 square feet. 5,800 square feet of all new construction office space with great visibility is also available. All spaces feature strong parking ratios and prime street frontage. The Railroad District is close to the Castleberry Hill district, Centennial Park, Philips Arena, and the Georgia Dome, as well as within walking distance of 40,000 daytime workers in state, county, municipal, and federal offices. Two MARTA stations are within a five minute walk, and future transportation initiatives nearby include the Multi-Modal Passenger Terminal and the Peachtree Street Streetcar. The Railroad District is shaping up to be Atlanta' s next urban hotspot. Over $200 million worth of development has already been announced, with more in the planning stages. The Railroad District offers unique and affordable space, close to all of Downtown' s attractions, in an authentic and unbeatable historic setting.

Here is an updated rendering of 3380 Peachtree. The building is currently under construction. Once complete, it will have 323 units and stand 23 stories. Next to the Mandarin Oriental, it will look a little stubby. I am glad that the building is brought right to the street. This is a vast improvement over the initial proposal last summer. All in all, it is great to see construction taking place. Looking towards the Mandarin Oriental....

A map of current proposals for the Perimeter Center District. While the Perimeter Center is not everyone's favorite edge city, I thought it would be interesting to add this picture of the proposed developments in the area. A few pointers of interest about these proposals are: 5.62 million square feet of additional class A office space 760,000 square feet of additional retail space 3,925 additional residential units 1,357 additional hotel rooms Say what you will about the Perimeter Center but it is one of the metro area's most vibrant...if not urban...districts. One of its saving graces is that it is accessible by four MARTA transit stations (Medical Center, Dunwoody, Sandy Springs and North Springs). Most of the current and future developments are happening next to or near these MARTA stations. To put it in perspective, the Perimeter Center currently has 29,000,000 square feet of office space, 6,000,000 square feet of retail, 123,000+ employees and some 40,000 residents. It is also home to the Fortune 500 companies of Newell Rubbermaid, UPS and First Data Corporation.

Wow, it is becoming a task to keep up with just the 50 story plus proposals. There is an interesting precedence being set for high rise residential in the Midtown district in terms of height and ground level retail. We may have to make a list of all of the recent proposals just to keep up. I'm very bullish on the Daniel Selig proposal because most of their paperwork is already on file. The Midtown Mile is really solidifying. The apartment absorption rate has been amazing in the Midtown District in the last few quarters. Also rent/sq ft are at a historical high in said submarket. So barring no financing issues, I can see many of these proposals actually being built. This is great for an increasingly urban vibe.

As reported in today's Atlanta Business Chronicle, State Farm will break ground on the first building of its massive 2.2 million square feet regional office complex this summer. See post #2 for the original announcement last March. The complex is located at the corner of Hammond Dr and Perimeter Center Pkwy. The building will have direct access to the Dunwoody MARTA Station.

The developers of the proposed mega project at 98th 14th Street have taken another step towards reality by filing with the State of Georgia's Development of Regional Impact division on February 11th. This is necessary due to the scope of the project. The developers clearly mean business and are serious about this proposal. I am assured that this will move quickly through the state towards approval.

First announced last September, tree removal is now taking place at the 33 Peachtree Place site. Wood Partners had said that they wanted to start construction on the 19 story mixed use development in the first half of 2014. This takes away a really big parking lot right across from the Midtown MARTA Station. I'm just thrilled to see these proposals go from talk to reality in months. More information and a rendering of 33 Peachtree Place can be found on page 33 of this section.

MARTA's GM says: rail system would be ideal double its current size. I say let us go for the manner of Atlanta of old and say it would be ideal triple its current size. Seriously, I totally agree with Keith Parker...GM of MARTA. It is past time to expand the rail lines further out. If the current 48 miles of rail carry 227,000 a day, imagine what 100 miles of rail could do. Hopefully Mr. Parker can convince neighboring counties to tie in to the system. I would imagine Gwinnett County wanting to join the system since it seems like several major employers are eyeing relocation spots in neighboring Fulton County...in locations with access to MARTA. Read more here: http://www.bizjournals.com/atlanta/news/2014/02/10/keith-parker-martas-rail-system.html

I wonder what big potential tenants are eyeing these proposed buildings? We know it is not State Farm....could it beeeee....well since I generally loathe discussing rumors, the market will just have to wait and see.

In more transit news........ MARTA proposes enhancements to the Midtown MARTA Station This will be a definite improvement. This will brighten the area and make the station more appealing. I also like the inclusion of food trucks. MARTA is definitely improving in the right direction.

Welcome south park county. I guess in due time we will have more definitive information on the heights of each tower. For now I will refrain from speculating. But I love reading other's thoughts on the matter. I would think that this proposal will be on the agenda at the next Midtown Review Board meeting in March. In addition to the potential height of Towers B and C, I am intrigued by the two story open retail mall at the base of the building(s). This would seem to be a challenge to the 1138 Peachtree proposal as they too are adding a "mall" to their base. With retail doing so well at the 12th & Midtown complex, perhaps there is room for more. Both proposals are close to transit and can serve not only the thousands of nearby residents and tens of thousands of office workers in walking distance, but also act as a pseudo "shopping center" for the area. The tension...positive of course...is mounting. Is there room for three buildings of 50+ stories no more than 500 feet from one another? Let the race begin.

Development coming to the King Memorial MARTA Station. MARTA has picked a developer to develop a parcel owned by the transit authority next to the King Memorial MARTA Station. Finally we are now seeing MARTA take advantage of the countless acres of prime real estate owned by the transit agency. This has been long over due. This is exactly what that location needs. This is also a great way to increase ridership. Read more here: http://www.bizjournals.com/atlanta/real_talk/2014/02/walton-communities-to-develop-king.html

Makes total sense and way more logical. Thank you for your contribution and welcome Kh9142. At 710' for Tower C, 620+' for Tower B and 430' for Tower A, that will still make quite the impact on the Atlanta skyline. I'm about to email the ABC immediately.

So, after yesterday's fabulous announcement, we are now learning more information about the 98 14th Street development. The new information released in yesterday's filing with the city reveals more details that were previously unknown. These developers mean business. They are definitely making quite the splash with their entrance into the Atlanta market. From the Atlanta Business Chronicle: Tower C - 60 stories - hotel - 300 residential units Tower B - 57 stories - up to 500 residential units Tower A - 39 stories - up to 500 residential units At 1,661 feet tall, Tower C would in fact eclipse Atlanta's currently tallest building...the Bank of America Plaza at 1,023 feet tall. Here we have a preliminary rendering of the towers: Renderings of the proposed Tower B, left, and Tower C at 98 Fourteenth Street in Midtown Atlanta. If the height is being reported correctly then it would appear that Tower B will also be above 1,000 feet tall. I can hardly wait till more definitive renderings are released. Okay Ashton Kutcher...if you are going to pop out, do it now. This is just too much to bear at the moment. Source: http://www.bizjournals.com/atlanta/real_talk/2014/02/details-revealed-for-massive-midtown.html p.s.- I am going to go out on a limb and assume that the source meant 1061 feet tall and not 1,661 feet tall. That would still give Atlanta a new tallest. Reason for edit: the ABC article on which this post was originally written has been amended. Height for Tower C was removed from original article. I will remove the height from my post above but leave the remaining post intact.

Martinman, something tells me that with today's filing with the city by Ashkenazy Acquisition Corp, we may have been given the first sign of a development going condo. I would imagine that the 60 story building; that will share space with a hotel, will go condo. Also telling is that the number of units dropped from the initial proposal back in November. This happens while at the same time the height of two of the buildings increased. How timely it is for this filing...less than 24 hours after we mentioned the lack of condo inventory in the Midtown, Buckhead and even Downtown districts. Ashkenazy Acquisition Corp has very deep pockets. They can afford to deliver 350 - 400 condo units and wait for them to be absorbed. I would imagine that the hotel flag to be a luxury offering. The Ritz Carlton had at one time fancied a location in Midtown. I would not be surprised if the flag is new to the Atlanta market however. I'm not big on speculating so I will wait till more comes out. This is a prime location for what is quickly becoming a very dense part of Midtown. I wonder what this quick filling will mean for the 51 story 1138 Peachtree proposal. Both proposals are but a stones throw away from one another. Again, with the developers deep pockets, I can see them moving forward as soon as all paperwork has been finalized. Tivoli on the other hand...well time will tell. I don't think this proposal will having any bearing over Loudermilk's 7th and Peachtree proposal or the One Museum Place proposals. They are essentially different markets. Some people place a premium on views and others place the premium on privacy. At 60 stories, the 98 14th St tower could soar 720+ feet into the Midtown sky. That would make quite the impact. With Arquitectonica as the architects, they would make quite the architectural impact as well. However this may turn out, I am happy to see that the developers are opting for underground parking as opposed to parking decks. I am interested in the renderings now.

Plans have been filed for massive Midtown development! Site of the proposed development. On February 5th, plans where formally filed with the city of Atlanta for the massive three tower development proposed for the "symphony center" site on 14th St. Located at 98 14th Street, the 4.5 acre site is sandwiched between the 41 story 1180 Peachtree building and the 50 story One Atlantic Center building. It is also located across the street from the Four Seasons Hotel. Highlights of the project: nearly 2 million square feet of development between three towers one tower will soar 60 stories - will mix hotel with residential two residential towers -one fronting 14th street at 57 stories and the other 39 stories in total the development will have 90,000 square feet retail of shops and restaurants 1300 apartment units 340 hotel rooms 1500 below ground parking spaces development team - New York based Ashkenazy Acquisition Corp Arquitectonica - architect design firm charged with the project ​ I am so glad to see this moving forward so quickly. As many will remember, this was first announced in November. I also see that the height of two of the towers were increased. That is interesting in and of itself. Source: http://www.bizjournals.com/atlanta/real_talk/2014/02/plans-filed-for-symphony-center-site.html

I would like to give kudos to Keith Parker, GM of MARTA, for his amazing leadership during last week's Snowpocalypse. He made an executive decision to run the MARTA trains for 24 hours. This was extremely beneficial to the people who had the wherewithal to utilize the transit agency. I have read quite a few stories of where people left their cars parked in a MARTA station parking lot and were picked up much closer to their final destination. It is unfortunate that MARTA rail only covers two counties in Metro Atlanta. And there are many parts of those two counties not accessible by rail. Oy! Also of interest, Woodward Academy utilized the rail to funnel students who live on the northside of the metro. This allowed for safe travel for the students as well as them being much closer to their parents. This minimized the distance parents of those students had to drive in order to reach their children. Kudos to Woodward Academy administrators as well for such forward thinking. Hopefully now people can see the value of MARTA to the whole metro area. Perhaps the snow debacle of last week may light a fire to the discussion of regional cooperation in terms of mass transit. The fiefdoms of metro Atlanta must ban together so that another snowpocalypse does not occur on such a major level. MARTA's rail performed brilliantly and safely last week. Maybe now the country's 9th largest metro area will have a transit system befitting of its size and importance. It is sad that MARTA is the largest transit agency in North America that does not receive a dime from the state of Georgia. Clearly it can be a valuable asset to the metro area as a whole. Again, kudos to Mr. Keith Parker. You are a true treasure to MARTA.

1010 Midtown only has one for sale unit left! After five years, 1010 Midtown has almost sold out. It came on the market at the height of the Great Recession. Now, the 35 story condo building has only one unit left. There are 425 units total in the building. The ground level retail has been doing amazingly well. Why is this so important? Well, because condo inventory has fallen to a low not seen in many years. This bodes well for the Midtown Mile retail establishments as well as the Peachtree @ 7th Street proposal. The Peachtree @ 7th St proposal would go where the Starbucks is currently located. I would also imagine that some of the other recent residential proposals in the immediate area...(there are eight proposals in a quarter mile radius of 1010 Midtown, which range from 19 to 56 stories)...might consider going condo. With the condo market doing so well from Downtown to Buckhead, it would only stand to reason that at least one of these buildings going condo. Time will will but it is awesome that people are filling up the current inventory. This is vital for a vibrant and bustling Midtown community. We don't want to just propose them...we want developers to build them and people fill them. In light of last week's snow debacle, living intown may become even more attractive.

The first phase of Path400...Buckhead's answer to the Beltline...will break ground on February 17th. Once completed, the trail will wind for 5.2 miles through Buckhead near GA400. It is also planned in a way that it will connect to the Atlanta Beltline. This connection will open up opportunities to walk, run or cycle from Midtown to Buckhead business district. This trail will also create much needed greenspace for Atlanta's District 7 which includes all of the Buckhead Business District. With so many new residential units under construction, this will greatly enhance the amenities of the area.

A new alliance targets metro Atlanta's transportation issues I must admit...Debbie Dooley of the Georgia Tea Party Patriots takes on everybody...from going against the Braves move to Cobb County and now to trying to find solutions to metro Atlanta's transportation issues. Members of PolicyBest have teamed with the Tea Party Patriots to attack transportation problems. Well it's about time! I think that is a great solution. It can make transit/transportation solutions more localized so you won't have rural counties pitted against urban counties. I'm still hopeful for the day when Fulton, Gwinnett, Cobb, DeKalb and Clayton counties can all come together under one transit authority. With this unusual mixture of proponents, perhaps the Georgia Legislature will be more attentive. I still find it hard to believe that MARTA is the largest public transportation system in the US which does not receive ONE PENNY from the state of Georgia. Metro Atlanta needs a true regional system. Read the full article here: http://www.bizjournals.com/atlanta/blog/capitol_vision/2014/01/new-alliance-targets-transportation.html