View Single Post
  #5  
Old Posted May 10, 2005, 6:18 PM
micropundit micropundit is offline
Registered User
 
Join Date: Apr 2004
Posts: 1,820
The Tower Wars:Episode III

With this long awaited announcement,the Tower Wars have begun:

1180 Peachtree aka Symphony Tower
Hines ,a Houston based national developer,starts a 41 story,672 ft ,641,000 sq ft office tower - 14th@Peach- in Midtown Atlanta in 2003 by luring the second largest law firm in town from their swank downtown digs.The back story is that the project assists in the Atlanta Symphony Center project 's land aquisition strategy which begins the process of building an architectually significant hall.1180's design sets town on fire.(hall not bad either)Currently 60+% leased.

Terminus Tower aka 3280 Peachtree
Cousins properties,a Atlanta based regional developer(SE;Texas;and,California,announces in the spring of 2004 that they were going to relocate their headquarters from suburban Atlanta and build a mixed use development anchored by a s"signiture' office tower in Buckhead(See details above). Back story,this is the second time for Cousins and the 5th major announcement for this coveted intersection.Always the bridesmaid but never the bride,the current project restores some of the attention that previously thought to be the exclusive province of Buckhead,ie,the best in Atlanta.Currently about 40% leased.

Allen Plaza

In the winter of 2004 ,Barry Cos.,a local developer announced Allen plaza as a 1.2 million sq ft mixed-use project that had as it's center piece a 34 story tower.Two towers and a hotel/residential tower are already under construction-the 34 story tower is awaiting an anchor..Back story;This is the 3rd project name for a site that Hines was once the developer for.Prime downtown location and next to major MARTA station that also is regional bus transfer point. Currently 40% leased.

Last edited by micropundit; May 10, 2005 at 7:44 PM.