ATLANTA | Development Thread VI

[Street Advocate]

Originally Posted by Atlriser

It is a shame this has gone from office to residential. Granted the new 'Kroger' highrise will contain office space, but it seems like this area needs more office space to balance out the huge buildup of residential built the past five years. This would bring the area to a true 24 hour a day city center and not just a residential and shopping hub that people have to leave and return to from work everyday. There is a large amt of office space i suppose with PCM but seems the area could use more of a balance or am I wrong?

Agreed. More mixed-use would be preferable, rather than residential only developments. I'd prefer to see office space included with that, where the eventual transit dedicated to North Ave, this area should boom even more and demand even more office space.

[Hokiehaven]

Originally Posted by BunkyWay

The only thing FAKE is the front put on by the leasing offices. It's all splashy photos of beautiful young professionals laughing at their salad. Why don't you read some police reports at said addresses or, better yet, go hang out in the parking garage of one of these high rises at night and see what type of activity you observe?

Of course, it's a lot easier to ignore reality and pretend everything is humming along just fine.

http://www.ajc.com/news/breaking-news/ma...-midtown-atlanta/ObvNBTebNpu85Sf6j6hKJJ/

The only story I heard about to date, other than the random murders that have happened, the one mentioned and the woman who was selling her condo on 10th street, was a shooting 10 years ago at 905 Juniper, from that very thing a person who was a drug dealer who missed a payment or something.

I'm sure there are others, but to claim it's a widespread problem across Midtown is a stretch if you look at any urban area there will be things happening.

Other than that, I've seen and heard good things, we have numerous friends in other buildings, and the stories are years old for the most part, as that one is 3 years, the shooting was 8-10 years in Juniper and that woman was at least 5 years.

[ATLSkyPalaceOwner]

Originally Posted by Hokiehaven

The only story I heard about to date, other than the random murders that have happened, the one mentioned and the woman who was selling her condo on 10th street, was a shooting 10 years ago at 905 Juniper, from that very thing a person who was a drug dealer who missed a payment or something.

I'm sure there are others, but to claim it's a widespread problem across Midtown is a stretch if you look at any urban area there will be things happening.

Other than that, I've seen and heard good things, we have numerous friends in other buildings, and the stories are years old for the most part, as that one is 3 years, the shooting was 8-10 years in Juniper and that woman was at least 5 years.

I lived in Spire and there was definitely some sort of prostitution ring going on for a brief time. Young college-aged and relatively attractive women who lived on the 14th floor or so would frequently be spotted with much older men and they didn't really seem like they ... should be hanging out together. That combined with the fact it was a different man each time, and sometimes you would overhear conversations that would be consistent with a "just getting to know you" type of thing.

It's funny, I was walking through the lobby one day and the cops were there talking to the property manager about a problem unit that had excessive guests. I can only imagine this was the unit they were talking about. The cop said something like "Yeah, I had a big BBQ for memorial day and I didn't even have that many guests."

[(four 0 four)]

I hope that's the last of the sordid tales about living in the hell-hole we call Midtown.

[bigstick]

Originally Posted by (four 0 four)

I hope that's the last of the sordid tales about living in the hell-hole we call Midtown.

Really, what has this thread turned in to??? Dr. Phil???

Would love to see some pics of construction, not hearing about the sexual escapades of people.

[megalopolis]

Originally Posted by bigstick

Really, what has this thread turned in to??? Dr. Phil???

Would love to see some pics of construction, not hearing about the sexual escapades of people.

Says the guy with the name bigstick. Haha. Sorry, I couldn't help myself.

[scania]

Originally Posted by (four 0 four)

I hope that's the last of the sordid tales about living in the hell-hole we call Midtown.

What is the big deal??? Do you all not see the big picture? No one is saying Midtown/Buckhead is a bad place to live. Atlanta is more of a big city in a lot of aspects than ever before. Most of us that live in condos feel very safe and comfortable. That doesn't mean that from time to time you won't get emails about vandalism in the parking garage. This is the city, there all all types of things that go on in the heart of the city. These things about porn, evictions, etc. are not in your face. There is no reason to be butt-hurt because someone states some of things that do go on in the city...as I said, Atlanta is truly becoming more and more of a big city. Everything is not expected to be as peaceful as Peachtree City, Ga. Years ago, they reported the gambling ring that was going on in a high rise in Buckhead. This didn't mean that Buckhead Grand was a hell-hole condominium. Wake up people. For those that claim they want this ultra urban experience...little things like this do go on and doesn't take away from the great overall fabric of the area.

[Vaden]

I hope for some nice big construction photos updates soon.

[arjay57]

The other day I was up at Lenox and took a look at the AMLI project. The first tower (in the foreground) looks good, and the midrise buildings are beginning to encircle the park. Don't know when they are starting the second tower.

[Vaden]

Thanks for the photos arjay57, that's a nice park they built and a permanent part of city fabric.

[briantech]

880 W Ptree


NCR

[GeorgiaPeanuts]

http://www.bizjournals.com/atlanta/news/...lanta-deal-lands-financing-from-new.html

Underground Atlanta developer has secured the remaining necessary financing from a New York firm. So deal appears on track to close this month on Friday.

http://www.bizjournals.com/atlanta/news/...-to-prohibit-new-storage-facilities.html

A moratorium was approved blocking any new permits for storage facilities in the beltline overlay district and an amendment to the zoning code is being developed to permanently prevent any new storage facilities within the beltline overlay district. Better late than never.

[ATL_J]

Originally Posted by Atlriser

It is a shame this has gone from office to residential. Granted the new 'Kroger' highrise will contain office space, but it seems like this area needs more office space to balance out the huge buildup of residential built the past five years. This would bring the area to a true 24 hour a day city center and not just a residential and shopping hub that people have to leave and return to from work everyday. There is a large amt of office space i suppose with PCM but seems the area could use more of a balance or am I wrong?

I understand the sentiment, but between PCM and 725 Ponce you're dumping roughly 900,000 SF of Class A "creative" office in a new "submarket". This is a market without direct highway access and MARTA access. For reference, Downtown Atlanta only has roughly 15,000,000 SF of Class A office space. The reason the other project did not work out is because they could not get interest from an anchor tenant / financing for the project. Also consider CODA is an additional ~700,000 SF sucking up a lot more of that creative office demand, with arguably a better office location (at least traditionally).

With that said, there are still plenty of underdeveloped and underutilized lots in the area and if additional residential density can be brought to market quicker, which should encourage future transit growth and help establish the area as a relative dense, walkable, urban hub, it'll only help bring more office, and other uses, in the future.

[jsvh]

Underground deal expected to close today or tomorrow:

http://www.bizjournals.com/atlanta/news/...lanta-deal-lands-financing-from-new.html

[shivtim]

SAP filed for 99 new townhomes at 4005 Campbellton Rd SW.

[Libertarian]

ATL_J - good comment.

[johnandahalf]

Forgive me for forgetting the name, but there was a 3-tower development proposed for the lot on 14th where Calatrava's Symphony Center was supposed to go. The two tallest buildings had twisting tapered tops on them. Is that dead? I also saw something about an "Opus 2" (which I thought was a dive bar, but wuttever). Are these separate proposals?

[Street Advocate]

Originally Posted by johnandahalf

Forgive me for forgetting the name, but there was a 3-tower development proposed for the lot on 14th where Calatrava's Symphony Center was supposed to go. The two tallest buildings had twisting tapered tops on them. Is that dead? I also saw something about an "Opus 2" (which I thought was a dive bar, but wuttever). Are these separate proposals?

It's changed a bit over time. The spiral towers no longer exist. a 70 story skyscraper was proposed (Opus No2), but was recently shrunk to a 50+ story when a hotel pulled from the development/"in order to get condos underway". There's a second future phase mentioned, although there are no renderings as of yet.

Opus No2, 50+ story condos:

[BlueSangha]

Originally Posted by Street Advocate

It's changed a bit over time. The spiral towers no longer exist. a 70 story skyscraper was proposed (Opus No2), but was recently shrunk to a 50+ story when a hotel pulled from the development/"in order to get condos underway". There's a second future phase mentioned, although there are no renderings as of yet.

Opus No2, 50+ story condos:

It's 53 stories to exact. 🙁

[johnandahalf]

Originally Posted by Street Advocate

It's changed a bit over time. The spiral towers no longer exist. a 70 story skyscraper was proposed (Opus No2), but was recently shrunk to a 50+ story when a hotel pulled from the development/"in order to get condos underway". There's a second future phase mentioned, although there are no renderings as of yet.

Thanks! And bummer. Opus No2 looks nice, but not as architecturally original as the earlier proposal.