ATLANTA | Development Thread V - Page 1002

joecool · #**20021** Posted **Aug 22, 2016, 8:54 PM**

Quote:

Originally Posted by shivtim

Yes, it's called "The Spoke" by Columbia ventures.

Not sure if this rendering is up to date:

Who hires these architects? This is incredibly ugly...

GeorgiaPeanuts · #**20022** Posted **Aug 22, 2016, 9:40 PM**

New render of Juniper and 5th:

Expected to start construction in Q4 2016

WFTGATL · #**20023** Posted **Aug 22, 2016, 10:04 PM**

Quote:

Originally Posted by GeorgiaPeanuts

New render of Juniper and 5th:

Expected to start construction in Q4 2016

I walked my dog past this site last night an noticed that the 2 buildings are vacant and all the trees are tagged with red "x"s.

jpk1292000 · #**20024** Posted **Aug 22, 2016, 10:59 PM**

Quote:

Originally Posted by GeorgiaPeanuts

New render of Juniper and 5th:

Expected to start construction in Q4 2016

This project looks good. The "Spoke", on the other hand, looks like it belongs in the Topeka suburbs.

Atlanta3000 · #**20025** Posted **Aug 22, 2016, 11:50 PM**

Mill Creek Residential closes $16.6M purchase of Peachtree & Pharr corner

http://buckheadview.com/2016/08/22/mill-...s-16-6m-purchase-peachtree-pharr-corner/

• Video Link

atlwarrior · #**20026** Posted **Aug 23, 2016, 4:06 AM**

Quote:

Originally Posted by joecool

Who hires these architects? This is incredibly ugly...

Yikes it reminds of those giant eyelashes that women wear from Florida.

ATL_J · #**20027** Posted **Aug 23, 2016, 12:30 PM**

Quote:

Originally Posted by GeorgiaPeanuts

New render of Juniper and 5th:

Expected to start construction in Q4 2016

These are condos FWIW.

alco89 · #**20028** Posted **Aug 23, 2016, 1:18 PM**

Quote:

Originally Posted by ATL_J

These are condos FWIW.

I hope you're right, but Southeast Capital's website has them listed as apartments:

http://www.seccompanies.com/current-projects/#juniper-5th

ATL_J · #**20029** Posted **Aug 23, 2016, 1:33 PM**

Quote:

Originally Posted by alco89

I hope you're right, but Southeast Capital's website has them listed as apartments:

http://www.seccompanies.com/current-projects/#juniper-5th

Yea, they've gone back and forth, but I have to assume at this point in the process they won't flip back to rental. I'd put my confidence level at 99%.

GeorgiaPeanuts · #**20030** Posted **Aug 23, 2016, 1:42 PM**

Quote:

Originally Posted by ATL_J

Yea, they've gone back and forth, but I have to assume at this point in the process they won't flip back to rental. I'd put my confidence level at 99%.

But they haven't even started pre-sales. How can they get capital for condos without any.

ATL_J · #**20031** Posted **Aug 23, 2016, 1:49 PM**

Quote:

Originally Posted by GeorgiaPeanuts

But they haven't even started pre-sales. How can they get capital for condos without any.

That is a good question, I don't know. I don't work for the company.

Maybe I'm wrong? Perhaps they'll get financing as rental and then convert midway through construction. Or perhaps financing will force them rental.

jsvh · #**20032** Posted **Aug 23, 2016, 2:55 PM**

http://www.reporternewspapers.net/2016/0...ject-comes-new-traffic-transit-promises/

Quote:

The billion-dollar, five-skyscraper redevelopment plan for 1117 Perimeter Center West has drawn traffic concerns. At an Aug. 22 community meeting, the developers tried to reassure residents with new commitments: guaranteeing a direct MARTA station connection and pledging to delay three of the five towers until after major roadway upgrades are done in 2020...

arctk2014 · #**20033** Posted **Aug 23, 2016, 3:11 PM**

Quote:

Originally Posted by jsvh

http://www.reporternewspapers.net/2016/0...ject-comes-new-traffic-transit-promises/

From Atlanta Business Chronicle:

Quote:

“We believe we are going to compete against intown projects because we are right on top of a MARTA station, said Rob Forrest, who is representing the Hong family. “The walkability is going to get better and better in this area. It’s changing, and we believe we are going to set the pace.”

The project is designed around people, not cars, Forrest said. It would reduce typical Sandy Springs parking requirements by 35 percent, feature bike racks, showers and locker rooms for cyclists commuting to the office, and connect directly to the MARTA station.

http://www.bizjournals.com/atlanta/news/...ndy-springs-project-would-transform.html

The irony of competing with intown projects is you'd still have to either drive to leave the project and/or walk through a sea of parking lots around Perimeter Center Mall and the remaining strip centers in order to go to any other destination in the area. The successful in-town projects are already placed in a framework of walkable neighborhoods - not some faux pocket of walk-ability in the middle of the suburbs. You have a Costco and a Home Depot parking lot to look out over....sounds "walkable" right?

Just because one's providing density via high-rises doesn't mean it's walkable.

jsvh · #**20034** Posted **Aug 23, 2016, 3:20 PM**

Quote:

Originally Posted by arctk2014

The irony of competing with intown projects is you'd still have to either drive to leave the project and/or walk through a sea of parking lots around Perimeter Center Mall and the remaining strip centers in order to go to any other destination in the area. The successful in-town projects are already placed in a framework of walkable neighborhoods - not some faux pocket of walk-ability in the middle of the suburbs. You have a Costco and a Home Depot parking lot to look out over....sounds "walkable" right?

Just because one's providing density via high-rises doesn't mean it's walkable.

True, but it is a step and better than drive-to-urbanism. You will never able to walk everywhere in the metro but growing walkable nodes centered around transit stations is key.

I wouldn't be surprised if we see the Perimeter Pointe site on the other side of the MARTA station get redeveloped into an interconnected walkable development soon, expanding the walkable footprint of the area.

Edit: Actually apparently they are already ahead of me:

Quote:

Among them was a representative of the neighboring Perimeter Pointe shopping center, who revealed early mixed-use redevelopment plans for that site.

WFTGATL · #**20035** Posted **Aug 23, 2016, 3:31 PM**

Alta Midtown[IMG]https://postimg.org/image/pl6xnoekf/]

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WFTGATL · #**20036** Posted **Aug 23, 2016, 3:42 PM**

Alta Midtown

Martinman · #**20037** Posted **Aug 23, 2016, 4:02 PM**

Quote:

Originally Posted by WFTGATL

Alta Midtown

Fixed. Nice photo.

Martinman · #**20038** Posted **Aug 23, 2016, 4:13 PM**

Quote:

Originally Posted by ATL_J

That is a good question, I don't know. I don't work for the company.

Maybe I'm wrong? Perhaps they'll get financing as rental and then convert midway through construction. Or perhaps financing will force them rental.

I hope you're right. That would be great to have some new for sale inventory in Midtown.

WFTGATL · #**20039** Posted **Aug 23, 2016, 4:31 PM**

Quote:

Originally Posted by Martinman

Fixed. Nice photo.

How did you fix? I have Atlantic house to post also.

MdtwnATL · #**20040** Posted **Aug 23, 2016, 4:47 PM**

Quote:

Originally Posted by Martinman

I hope you're right. That would be great to have some new for sale inventory in Midtown.

I wonder what the price point would be? More along the lines of Plaza Midtown or more 7th and Peachtree? It'd be nice to have more affordable condo options in the heart of the Midtown.