Posted Nov 29, 2006, 1:27 AM
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Registered User
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Join Date: Mar 2004
Location: Los Angeles, CA (DTLA)/Atlanta, Ga. (Midtown)
Posts: 2,330
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Quote:
Originally Posted by KevinAtl
Jorge Perez? Are you talking about CityPlace in Buckhead
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Yes, plus the ABC had even more to be added to the list for Buckhead in this week's article.
Miami Firm Plans 500 More Condos
By Lisa R. Schoolcraft
A Miami developement firm with plans to build 3,800 luxury condominium units in Buckhead is already looking at two more projects that would add at least 500 units.
The Related Group of Florida expects to begin construction of the first condo tower in the more the $2 billion CityPlace at Buckhead, on 19 acres near the intersection of Roxboro and Kingsboro roads in Buckhead, in about nine months, said Jorge M. Perez, CEO and chairman of The Related Group, who visited Atlanta Nov 7.
"We are also looking at two large jobs with over 500 each, both in Buckhead," he said. "With those projects, one straight condo and the other a hotel with condo units on top, we have more than enough to hold us in the Atlanta market."
Perez wouldn't divulge much about the pending projects, which are not yet under contract, but did say the hotel would be a new flag in Atlanta.
For now, the focus is still CityPlace at buckhead, expected to include 1,860 condo units, 28 townhouses, and 110,000 square feet of retail and commercial space.
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The first building of Cityplace will have 250 condo units. It is a priority of theirs to get that started as well as the townhomes. They are not concerned with Atlanta's softening condo market. Construction (on Cityplace) is to begin mid to late 2007.
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