Posted May 25, 2012, 10:21 AM
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Join Date: Feb 2005
Posts: 8,809
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High Museum property in play
Quote:
A site across from Midtown’s High Museum of Art is one step closer to becoming a high-profile development — after being nothing more than a pile of dirt with lofty ambitions for the past five years.
The nearly 2-acre tract at 1301 Peachtree St. should be sold next month, according to current owner John Wieland, CEO of John Wieland Homes & Neighborhoods Inc.
Alvin D. James hopes to buy the 1301 Peachtree St. tract for a proposed $150 million, 30-story mid-rise tower with a five-star, 150-room hotel, 70 luxury condos and 24 penthouses.
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http://www.bizjournals.com/atlanta/print-edition/2012/05/25/high-museum-property-in-play.html
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