ATLANTA | Development Thread VI

[tdawg]

I also don't think that there's anything unique about The Avery, it's just very handsome. It reminds me a lot of the infill you see going up in San Diego and Nashville. BTW if you haven't been to Nashville recently, wow, there's a city on fire.

[Omaharocks]

Can someone provide a link to the Midtown density restrictions? First I've heard of this, - also how would that apply to an office building?

[RocketSurgeon]

Originally Posted by Omaharocks

Can someone provide a link to the Midtown density restrictions? First I've heard of this, - also how would that apply to an office building?

The highest possible square footage is about ten times the lot size. It depends on a lot of factors like usage and proximity to a transit station.

Full zoning regulations: http://www.midtownatl.com/_files/docs/spi-16-regulations-&-design-guidelines_rdcd.pdf

[montydawg]

Originally Posted by RocketSurgeon

The highest possible square footage is about ten times the lot size. It depends on a lot of factors like usage and proximity to a transit station.

Full zoning regulations: http://www.midtownatl.com/_files/docs/spi-16-regulations-&-design-guidelines_rdcd.pdf

Is this why Bank of America tower and one Atlantic station both have huge areas adjacent to their towers as green space? Does this mean this space will not be developed under the current zoning? Seems like a waste of space

[atlantaguy]

Originally Posted by montydawg

Is this why Bank of America tower and one Atlantic station both have huge areas adjacent to their towers as green space? Does this mean this space will not be developed under the current zoning? Seems like a waste of space

Have you seen the base of One Atlantic Center (IBM Tower) in person? It's like a beautiful urban park, complete with a nice waterwall. I personally hope it's never developed.

I agree that BofA is basically like a hostile plaza in a way, and a waste of space. With the shelter closing soon, here's hoping Tishman gets creative in re-purposing the base of the tower.

[RocketSurgeon]

Originally Posted by montydawg

Is this why Bank of America tower and one Atlantic station both have huge areas adjacent to their towers as green space? Does this mean this space will not be developed under the current zoning? Seems like a waste of space

The Bank of America tower isn't in Midtown. That part of Downtown has more generous restrictions, but they're still stricter than the core. I'm not sure how much potential is left. Considering the height, probably not much, but with our lack of parks I wouldn't necessarily call the green space a waste (especially not with One Atlantic).

More density at the ground level does mean shorter buildings like NCR, but one way to get more height is a parking pedestal. Another is to buy air rights from another lot.

[Libertarian]

Don't expect miracles with the Medical Arts Building. According to a poster on Curbed: "FWIW the owner is Effie Spielman – a real estate lawyer apparently who knows how to work around being a defacto slum lord with his properties. He’ll hold onto properties regardless of their neglected state until someone can come along at the right price – all the derelict rental housing that sat along 11th street before being sold to develop Azure at the Park belonged to the same guy."
Looks like everybody these days is looking for Eastside TAD money. How much is there to go around?

[Martinman]

Originally Posted by RocketSurgeon

The highest possible square footage is about ten times the lot size. It depends on a lot of factors like usage and proximity to a transit station.

Full zoning regulations: http://www.midtownatl.com/_files/docs/spi-16-regulations-&-design-guidelines_rdcd.pdf

All of this really has nothing to do with why developers are building short squat 20 story buildings that extend the length of the block (see Coda) versus a 30-story building with the same square footage. I don't think anyone is expecting a bunch 50 story towers although one is on the way. This is more complaint with the architecture and massing of the buildings that get built here rather than the density.

[RocketSurgeon]

Originally Posted by Martinman

All of this really has nothing to do with why developers are building short squat 20 story buildings that extend the length of the block (see Coda) versus a 30-story building with the same square footage. I don't think anyone is expecting a bunch 50 story towers although one is on the way. This is more complaint with the architecture and massing of the buildings that get built here rather than the density.

Well with residential you have more flexibility because units are small and you can put as few on a floor as you want, but with offices the floor size matters a lot. It's true with NCR they could have combined both towers into one since there are no height restrictions, but going taller could affect the marketability of Coda. Personally I prefer they fill in the blocks a little more rather than just going for height, especially in that part of town (if you're going to build something tall, better to do it around that 14th/Peachtree cluster where it will be a better fit).

"Squatty" massing is pretty universal, by the way; even Manhattan is mostly midrises and 10-20 story highrises despite being the densest part of the country.

[alco89]

Originally Posted by RocketSurgeon

"Squatty" massing is pretty universal, by the way; even Manhattan is mostly midrises and 10-20 story highrises despite being the densest part of the country.

Yes, 10-20 story buildings, most of which are not wide and take up almost entire blocks like what we're seeing with Portman (for obvious reasons). Think of the differences between similar-height buildings like Lilli (not squat) and CODA.

[Street Advocate]

Anthem likely bringing 1,800 IT jobs to BoA plaza and potentially a new building. Isn't anthem also in PCM? Either way, bring on the jobs!

[bigstick]

Originally Posted by tdawg

I also don't think that there's anything unique about The Avery, it's just very handsome. It reminds me a lot of the infill you see going up in San Diego and Nashville. BTW if you haven't been to Nashville recently, wow, there's a city on fire.

Yes, well Atlanta is not exactly a smoldering ember either..

[jpk1292000]

Originally Posted by bigstick

Yes, well Atlanta is not exactly a smoldering ember either..

Atlanta likely has a considerably larger amount of development occurring than Nashville, but in Nashville it probably seems more impressive since it's concentrated in mostly one area. In Atlanta, it's spread over Downtown, east side belt line, Midtown, Buckhead and Perimeter.

[ATL_J]

Originally Posted by Libertarian

Don't expect miracles with the Medical Arts Building. According to a poster on Curbed: "FWIW the owner is Effie Spielman – a real estate lawyer apparently who knows how to work around being a defacto slum lord with his properties. He’ll hold onto properties regardless of their neglected state until someone can come along at the right price – all the derelict rental housing that sat along 11th street before being sold to develop Azure at the Park belonged to the same guy."
Looks like everybody these days is looking for Eastside TAD money. How much is there to go around?

Pretty sure that poster is wrong. Global X is the owner.

[GeorgiaPeanuts]

Originally Posted by jpk1292000

Atlanta likely has a considerably larger amount of development occurring than Nashville, but in Nashville it probably seems more impressive since it's concentrated in mostly one area. In Atlanta, it's spread over Downtown, east side belt line, Midtown, Buckhead and Perimeter.

Even Alpharetta too. The entire downtown is under construction. They even have some underground parking in one of the buildings being built + Avalon

[PhunkyPho]

Originally Posted by GeorgiaPeanuts

Even Alpharetta too. The entire downtown is under construction. They even have some underground parking in one of the buildings being built + Avalon

Careful. Don't you know that saying anything remotely positive about the OTP brings Hell upon you around here?

[Pemgin]

Originally Posted by PhunkyPho

Careful. Don't you know that saying anything remotely positive about the OTP brings Hell upon you around here?

I don't think that's true. I believe most of us understand it's necessary for the entire metro to thrive.

[scania]

Originally Posted by Pemgin

I don't think that's true. I believe most of us understand it's necessary for the entire metro to thrive.

Let's just say there are some that will totally disagree with you on here.

[Rail Claimore]

Originally Posted by jpk1292000

Atlanta likely has a considerably larger amount of development occurring than Nashville, but in Nashville it probably seems more impressive since it's concentrated in mostly one area. In Atlanta, it's spread over Downtown, east side belt line, Midtown, Buckhead and Perimeter.

Correct. There is probably more development in Midtown Atlanta than there is in all of Downtown Nashville simply because Midtown (and any one of Atlanta's major business districts) is larger than Downtown Nashville. It just seems Downtown Nashville is seeing more development because it's literally doubling in size from a smaller base. It's simply a reflection of the size of the metro areas and the markets they serve.

[scania]

Originally Posted by jpk1292000

Atlanta likely has a considerably larger amount of development occurring than Nashville, but in Nashville it probably seems more impressive since it's concentrated in mostly one area. In Atlanta, it's spread over Downtown, east side belt line, Midtown, Buckhead and Perimeter.

I'm not sure that's true either as far as Nashville. Nashville really is on fire.