ATLANTA | Development Thread V - Page 810

arctk2014 · #**16181** Posted **Nov 12, 2015, 4:13 PM**

Looks like Integral Group is proposing some infill development across from Bobby Dodd Stadium.

The site doesn't include the corner of North Avenue/Centennial Olympic Park Drive but does seem to allude some reconnected street grids in the area.

http://www.atlantadna.org/wp-content/uploads/2015/11/Z-15-046-site-plan.pdf

http://www.atlantadna.org/wp-content/uploads/2015/11/Z-15-046-application.pdf

GeorgiaPeanuts · #**16182** Posted **Nov 12, 2015, 4:42 PM**

That looks nice, but they need to update everyone on Eviva Peachtree please. Although their loopnet listing was updated 2 days ago, not sure what changed:

http://www.loopnet.com/Listing/19313501/811-Peachtree-St-NE-Atlanta-GA/

Also 1270 Spring now has listings for the retail space with an available date of Dec. 2017:
http://www.loopnet.com/Listing/19496821/1270-Spring-St-Atlanta-GA/

Also here is the mixed use redevelopment of the Emory building:
http://www.loopnet.com/Listing/19496796/555-Peachtree-St-NE-Atlanta-GA/

shivtim · #**16183** Posted **Nov 12, 2015, 4:55 PM**

Some good news on the Forsyth-Walton proposal.
The architects are redesigning this as an addition to the historic building, rather than as a brand new building. The façade would be saved.

Proposed:

Existing:

shivtim · #**16184** Posted **Nov 12, 2015, 8:11 PM**

A work permit was just filed for a 21 story high rise development for 2965 and 2975 Peachtree Rd (the east side Peachtree Road south of Pharr Road).This is the Preserve Properties development. It's immediately adjacent to the proposed 22-story Mill Creek Residential project.

Zanarkand A East · #**16185** Posted **Nov 12, 2015, 8:31 PM**

Quote:

Originally Posted by Pemgin

I thought I saw heavy equipment on the AMLI Arts Center site this morning. Can anyone confirm that? Thanks in advance.

I see a few out there today. There is also alot of construction equipment across Spring from this site, but it's not clear if this is for AMLI Arts Center or a project on the cleared land across Spring.

shivtim · #**16186** Posted **Nov 12, 2015, 8:36 PM**

Also, Hanover Midtown just filed for construction and paid fees.

Ant131531 · #**16187** Posted **Nov 12, 2015, 9:10 PM**

Hanover Midtown is moving really quickly. I can see that starting by January/February.

micropundit · #**16188** Posted **Nov 12, 2015, 9:10 PM**

The Atlanta developer plans to break ground, most likely by March, on 371 East Paces Ferry, a 5-story medical office building. Loudermilk Cos., led by developer Robin Loudermilk, is also planning to start another office building on an adjacent site, an 80,000-square-foot project known as 359 East Paces Ferry.At 371 East Paces Ferry, Loudermilk Cos. has already landed one medical office tenant, Peachtree Dermatology. Talks with additional tenants continue.
Both buildings could be under way next year

http://www.bizjournals.com/atlanta/real_...k-cos-plans-latest-buckhead-village.html

Ant131531 · #**16189** Posted **Nov 12, 2015, 9:20 PM**

Quote:

Originally Posted by arctk2014

Looks like Integral Group is proposing some infill development across from Bobby Dodd Stadium.

The site doesn't include the corner of North Avenue/Centennial Olympic Park Drive but does seem to allude some reconnected street grids in the area.

http://www.atlantadna.org/wp-content/uploads/2015/11/Z-15-046-site-plan.pdf

http://www.atlantadna.org/wp-content/uploads/2015/11/Z-15-046-application.pdf

This is a HUGE amount of density in that area coming in a small amount of time. Does the project include retail? That area desperately needs retail to walk to...for students and for the people who will be living in and around these new apartments. These people shouldn't have to walk across the bridge into midtown to eat and do chores.

Also, both links have different information regarding the # of units. The first link shows 500 units being built. The other shows 720 units. Which is it? I first heard this project would have over 700 units so I'm inclined to believe it's the 2nd link.

Regardless, I strongly think the DRC of this area should recommend or even demand that they add some retail. No point in density if there's nothing to walk to around the area. The retail opportunity is also massive because there's a lot of students living around the area along with a stadium so people may go after games, not to mention the people living inside of the new apartment building itself.

We need to do things right.

Street Advocate · #**16190** Posted **Nov 12, 2015, 9:24 PM**

Quote:

Originally Posted by Ant131531

Hanover Midtown is moving really quickly. I can see that starting by January/February.

I am pumped for this project. Wish Eviva was moving along on the same schedule. Really wish both of those were condos and not apartments!

Atlanta3000 · #**16191** Posted **Nov 12, 2015, 9:33 PM**

Quote:

Originally Posted by Ant131531

This is a HUGE amount of density in that area coming in a small amount of time. Does the project include retail? That area desperately needs retail to walk to...for students and for the people who will be living in and around these new apartments. These people shouldn't have to walk across the bridge into midtown to eat and do chores.

Also, both links have different information regarding the # of units. The first link shows 500 units being built. The other shows 720 units. Which is it? I first heard this project would have over 700 units so I'm inclined to believe it's the 2nd link.

Regardless, I strongly think the DRC of this area should recommend or even demand that they add some retail. No point in density if there's nothing to walk to around the area. The retail opportunity is also massive because there's a lot of students living around the area along with a stadium so people may go after games, not to mention the people living inside of the new apartment building itself.

We need to do things right.

If I was a retailer, I would question if I could go three months of the year without the seasonal student population. Does the area have existing residential density to support retail?

Newnan_Eric · #**16192** Posted **Nov 12, 2015, 9:51 PM**

Quote:

Originally Posted by Atlanta3000

If I was a retailer, I would question if I could go three months of the year without the seasonal student population. Does the area have existing residential density to support retail?

Well, the GT population doesn't drop as much as most other universities. There's probably a 50-60% lower student population during the Summer term.

Also, I think that the retail is more important for the existing residents in the Centenial Hill area. This is the former Techwood Homes area and is a mix of affordable and market-rate units. It has been underserved as far as retail goes since it was redeveloped prior to the Olympics.

Ant131531 · #**16193** Posted **Nov 12, 2015, 9:54 PM**

Quote:

Originally Posted by Atlanta3000

If I was a retailer, I would question if I could go three months of the year without the seasonal student population. Does the area have existing residential density to support retail?

There's a lot of apartments in the area right now. The old Centennial Olympic Village that turned into apartments along with those apartments that butt along the connector(Not the dorms, but next to it). Add over 700 units(which is probably a 1,000) people and that should be enough for retail?

Regardless, I wouldn't want to live in these apartment personally if I was an urban dweller looking for apartments in the city(unless rents were really cheap). There's nothing close to walk to.

EDIT: Centennial Hill according to walkscore.com(which uses 2010 census stats) has over 5500 residents. Of course, this includes a portion of northern downtown, so even probably 3,500 people at least. Add in 700 units and now that population gets to be 4500-5000 people. That's more than enough for some retail which the area desperately need to become a legitimate urban neighborhood. Walkscore is 78 which isn't bad by Atlanta standards...it becomes less walkable the further north you go probably because the lack of retail in the area. https://www.walkscore.com/GA/Atlanta/Centennial_Hill

Frankster87 · #**16194** Posted **Nov 12, 2015, 9:58 PM**

Quote:

Originally Posted by Newnan_Eric

Well, the GT population doesn't drop as much as most other universities. There's probably a 50-60% lower student population during the Summer term.

Also, I think that the retail is more important for the existing residents in the Centenial Hill area. This is the former Techwood Homes area and is a mix of affordable and market-rate units. It has been underserved as far as retail goes since it was redeveloped prior to the Olympics.

Also, add in the Coca Cola offices next door. That certainly helps.

Atlanta3000 · #**16195** Posted **Nov 12, 2015, 10:10 PM**

Quote:

Originally Posted by Ant131531

There's a lot of apartments in the area right now. The old Centennial Olympic Village that turned into apartments along with those apartments that butt along the connector(Not the dorms, but next to it). Add over 700 units(which is probably a 1,000) people and that should be enough for retail?

Regardless, I wouldn't want to live in these apartment personally if I was an urban dweller looking for apartments in the city(unless rents were really cheap). There's nothing close to walk to.

EDIT: Centennial Hill according to walkscore.com(which uses 2010 census stats) has over 5,200 residents. Of course, this includes a portion of northern downtown, so even probably 3,000 people at least. Add in 700 units and now that population gets to be 4500 people. That's more than enough for some retail which the area desperately need to become a legitimate urban neighborhood. Walkscore is 78 which isn't bad by Atlanta standards...it becomes less walkable the further north you go probably because the lack of retail in the area. https://www.walkscore.com/GA/Atlanta/Centennial_Hill

The average student has a whopping $210 of monthly discretionary income according to a statistic mentioned in the link below. I am going to make a broad assumption, but I would venture to say the majority of that allowance goes to booze, drugs, strip clubs, Spotify and Netflix. Considering Midtown has had a hard time in the past attracting retail, I would guess this area is several years out before a developer/retailer would take the risk.

http://www.stateuniversity.com/blog/permalink/The-Spending-Habits-of-College-Students.html

arctk2014 · #**16196** Posted **Nov 12, 2015, 10:48 PM**

http://www.bizjournals.com/atlanta/news/...stonishing-new-renderings-of-bridge.html

Anyone else notice PCM Photoshopped into the background for the Falcons Stadium Bridge proposal?

arjay57 · #**16197** Posted **Nov 13, 2015, 12:04 AM**

Quote:

Originally Posted by micropundit

The Atlanta developer plans to break ground, most likely by March, on 371 East Paces Ferry, a 5-story medical office building. Loudermilk Cos., led by developer Robin Loudermilk, is also planning to start another office building on an adjacent site, an 80,000-square-foot project known as 359 East Paces Ferry.At 371 East Paces Ferry, Loudermilk Cos. has already landed one medical office tenant, Peachtree Dermatology. Talks with additional tenants continue.
Both buildings could be under way next year

http://www.bizjournals.com/atlanta/real_...k-cos-plans-latest-buckhead-village.html

Wonder if this will have to go through the DRC or is it already approved?

Personally I think it looks pretty good.