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-   -   ATLANTA | Development Thread VI (https://skyscraperpage.com/forum/showthread.php?t=224553)

Martinman Aug 29, 2016 12:26 PM

Quote:

Originally Posted by ATLcubs (Post 7544752)
Question. What is the Canopy by Hilton thing in Midtown that is listed as under construction? 12 stories? I know there was the 21 (I think) story one downtown that got proposed, but I didn't know or think the 12 story one existed.:shrug:

According to documents they filed with Fulton County, Canopy by Hilton is the hotel component of Ascent Midtown.

Frankster87 Aug 29, 2016 12:48 PM

3rd & Peachtree
 
Snapped a photo this morning:

https://s15.postimg.org/62bcd7zcr/20160829_084112.jpg

Street Advocate Aug 29, 2016 2:19 PM

Quote:

Originally Posted by thepope117 (Post 7544925)
I'm also looking forward to the next phase of 12th and midtown hinted at in the SLS reveal.

Me too! It's nice seeing the Atlanta skyline fill in from east-west (albeit only for a few blocks!) compared to all the north/south development. Should be nice when the next phase of 12th & Midtown go as well as their lot on Peachtree.

bigstick Aug 29, 2016 2:40 PM

Quote:

Originally Posted by Frankster87 (Post 7544962)

Awesome, Looks like JPX means business.................:cheers::cheers::cheers:

GeorgiaPeanuts Aug 29, 2016 4:29 PM

http://www.atlantaintownpaper.com/20...-surges-again/

Quote:

There are currently only 34 unsold units in new condo buildings, indicating a high demand for condo product. The increase in resale condos also shows that the market remains strong. Since January, a healthy 1,776 condo resales were recorded, and resale pricing is up 5.2 percent.

These numbers have developers looking towards high-rise condo towers for the first time since 2009. According to Schwall, the saturation of the apartment market, coupled with the success of smaller boutique condo projects like Seventh Midtown, which sold out before completion, is giving developers the confidence they need to move forward with plans for condo projects, as well as the ability to secure financing.
Quote:

However, she added that she believes that some of these projects will convert from apartments to condos in the near future, based on the high demand for condos and the slipping rates for apartments.

Kerman Haynes, Vice President – CITY HAUS Developer Solutions & Berkshire Hathaway HomeServices, Midtown Office, reported that there has been no vertical development of condos for almost 10 years. The exception has been luxury condo projects and complexes with only about 10 to 20 units.

“Condo sales were kicked into high gear last year and the first part of this year,” Haynes said. “In fact, just about every unit has been at or above its pre-recession pricing for the past six months. In Midtown, there’s less than a 30-day supply of condos and townhomes. This is all very encouraging to developers, with so much demand and so little supply.”
http://www.atlantaintownpaper.com/wp...-1024x572.jpeg

Quote:

Two notable new condominium projects coming to market this fall are Emerson Buckhead and The Charles.

Street Advocate Aug 29, 2016 5:19 PM

Quote:

Originally Posted by GeorgiaPeanuts (Post 7545159)

Love that they pointed out there's a $250-400k demand that needs to be met.

Street Advocate Aug 29, 2016 5:34 PM

915 Glendwood (southeast corner at Bill Kennedy) filed for a zoning change from I-2 to MR4-A.

Student Aug 29, 2016 7:37 PM

The Byron
 
I took these photos today of "The Byron," a revitalization of those ... neglected... residential buildings at 549 Peachtree...

http://i1035.photobucket.com/albums/...pse8sualst.jpg

http://i1035.photobucket.com/albums/...psrc1xp9ej.jpg

http://i1035.photobucket.com/albums/...psmhu1c6yf.jpg


Rendering
https://cdn1.vox-cdn.com/thumbor/uTv...humb.0.0.0.png

Marketing material

http://static1.squarespace.com/stati...yron+Flyer.pdf

micropundit Aug 29, 2016 9:08 PM

A rendering of the street-level view of Peachtree and Third tower.
 
https://cdn1.vox-cdn.com/thumbor/rP4...eachtree-3.jpg

Looks like a restaurant will be the retail at Peachtree and Third.
http://atlanta.curbed.com/2016/8/29/...lanta#comments

Pemgin Aug 29, 2016 9:35 PM

I wonder if U.S. Electric is leaving. And what could take its place?

Verge Aug 29, 2016 10:00 PM

Quote:

Originally Posted by Pemgin (Post 7545584)
I wonder if U.S. Electric is leaving. And what could take its place?

Isn't this the Fuqua property?

Atlanta3000 Aug 29, 2016 10:54 PM

Buckhead Place - Hampton Inn Suites + Future Phases (Office & Residential)

Not sure if I posted this before, but it gives a good look at what the hotel looks like and future phases.

http://i.imgur.com/NkyZyB7.png?1
http://i.imgur.com/TPYO1ln.png?1
http://i.imgur.com/J6cElFI.png?1

Pemgin Aug 29, 2016 11:39 PM

Quote:

Originally Posted by Verge (Post 7545602)
Isn't this the Fuqua property?

No, Fuqua bought Leggatt and Platt, which is also off Bill Kennedy but just north of I20.

Vaden Aug 29, 2016 11:40 PM

Sorry for quoting the picture but is that the Emerson?? If so it's wonderful. I've never seen a better rendering. I wonder if the Emerson will in fact have a waterfall pool?

TarHeelJ Aug 30, 2016 2:47 AM

Quote:

Originally Posted by Student (Post 7545415)
I took these photos today of "The Byron," a revitalization of those ... neglected... residential buildings at 549 Peachtree...

http://i1035.photobucket.com/albums/...pse8sualst.jpg

It's so great to see this little building being redeveloped...it has a prime location on Peachtree and always looked very forlorn with the razor wire and run down appearance. It's nice that something is happening in that section of the city - especially residential.

atlwarrior Aug 30, 2016 2:49 AM

Quote:

Originally Posted by micropundit (Post 7545547)

This is one sexy building.

atlwarrior Aug 30, 2016 2:53 AM

Quote:

Originally Posted by Street Advocate (Post 7545228)
Love that they pointed out there's a $250-400k demand that needs to be met.

Dang 7th & Peachtree sold out before opening. Just wow!

forj Aug 30, 2016 3:04 PM

Does anyone know what the current status is of the Brookhaven Marta TOD project? I recall seeing some updated renderings last month, but was getting into a discussion with someone regarding TOD developments in general and this came up. They seemed to think it was still on hold pending neighborhood planning / zoning disagreements.. anny news would be helpful.. thanks!

EDIT: ok found some info so you can ignore this.. looks like there is a meeting set with city planning on Sept. 7th.. potential vote with city council in late September.. and i guess this is Brookhaven not atlanta so should discussions around that project be kept to the local threads?

thepope117 Aug 30, 2016 4:33 PM

Quote:

Originally Posted by forj (Post 7546203)
Does anyone know what the current status is of the Brookhaven Marta TOD project? I recall seeing some updated renderings last month, but was getting into a discussion with someone regarding TOD developments in general and this came up. They seemed to think it was still on hold pending neighborhood planning / zoning disagreements.. anny news would be helpful.. thanks!

EDIT: ok found some info so you can ignore this.. looks like there is a meeting set with city planning on Sept. 7th.. potential vote with city council in late September.. and i guess this is Brookhaven not atlanta so should discussions around that project be kept to the local threads?

I'd say it's still germane The development will still have an Atlanta address.

Street Advocate Aug 31, 2016 12:29 PM

Is a hotel associated with the Stockyards development?

Two permits were filed for a hotel at 926 Brady Ave, right next to it.

1138 Peachtree (Yoo) filed some permits as well. Transfer of development rights and a temporary sales vendor.


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