ATLANTA | Development Thread VI

[jwbab]

Originally Posted by jjordan1023

Speaking of, has anyone ever seen or heard of any plans for the site across the street? It's a prime piece of property that should be ripe for development. I've been so surprised to see it continue to go untapped. Does anyone know if there's a reason why it hasn't been snatched up?

One word: Dewberry

He's the developer that owns several other high profile Peachtree Street sites in Midtown that remain vacant/underdeveloped - most notably Peachtree and 10th Street.

Probably the most hated name on this board behind Fuqua.

[arctk2014]

Originally Posted by jjordan1023

Speaking of, has anyone ever seen or heard of any plans for the site across the street? It's a prime piece of property that should be ripe for development. I've been so surprised to see it continue to go untapped. Does anyone know if there's a reason why it hasn't been snatched up?

Dewberry Owns this site now. There was once a 70+ story tower proposed here for IHG hotels and a 50+ story tower addition proposed before that that would have been an expansion of NRS before they moved out of Pershing Point office building (now Jones Day).

[Atlanta3000]

North & Line - O4W

These need to be condos!

Video Link

[jwbab]

Originally Posted by jwbab

One word: Dewberry

He's the developer that owns several other high profile Peachtree Street sites in Midtown that remain vacant/underdeveloped - most notably Peachtree and 10th Street.

Probably the most hated name on this board behind Fuqua.

Speaking of Dewberry - This video profile appeared on CNN Money earlier this month.

http://money.cnn.com/video/news/2018/02/07/john-dewberry-real-estate.cnnmoney/index.html

[jjordan1023]

Good news. Glad to finally see this prime corner be put to use. Now I just hope this will inspire action on removing the fencing around the pond and incorporating it into the park in the future.

https://atlanta.curbed.com/2018/2/27/17058322/midtown-atlanta-howell-mill-greenspace-upper-westside

[arctk2014]

The redevelopment of West Midtown's landmark Star Iron and Metal Co. site just took an important step forward.

Project developer The Allen Morris Co. bought the site at 11th Street and Howell Mill Road, a well-known scrap yard and reminder of the area's industrial roots. The company had an agreement to acquire the property.

It closed on the transaction for the 1.7-acre scrap yard at 1041 Howell Mill Road Feb. 15, paying $8.5 million, according to Fulton County property records.

The Allen Morris Co. is planning a mid-rise office building on the site. It has been in discussions with more than 100,000 square feet of possible tenants, said Nathan Hedges, the company's director of development for Georgia.

Site work, including demolition of the scrap yard's existing building, could begin sometime later this year, he said.

The Star Metals project was announced more than a year ago. It's also slated to include several hundred apartment units on an adjacent site across from the scrap yard on Howell Mill. Clearing the land for the project's residential component could begin in May.

https://www.bizjournals.com/atlanta/news...ris-co-buys-west-midtowns-star-iron.html

[Street Advocate]

Originally Posted by jjordan1023

Good news. Glad to finally see this prime corner be put to use. Now I just hope this will inspire action on removing the fencing around the pond and incorporating it into the park in the future.

https://atlanta.curbed.com/2018/2/27/17058322/midtown-atlanta-howell-mill-greenspace-upper-westside

Prime vistas of Fuqua’s shitty development! But at least this part of town is starting to get a park.

[Libertarian]

I have a suggestion for the park name but you don't want to know it.

[cabasse]

^ libertalia? (Just finished uncharted 4 here, lol)

So glad to see star metals moving forward.

[Libertarian]

Let's go with Fuq-ua Park!

[scania]

Originally Posted by Libertarian

Let's go with Fuq-ua Park!

That’s actually funny! Lol

[testarossa50]

Originally Posted by arctk2014

It's a right-sized small-scale redevelopment project that compliments the lower-density Ansley Park neighborhood.

I could see the site across the street being more proper for the previous proposal on this site.

I don't know what's the fascination for people on here expecting every project (even in Midtown) to be high-rise construction. At a certain point, it doesn't make the city more walkable if the project doesn't even address the streets properly (here's looking to the BOA tower).

It's going to be one of the lowest density uses on that part of Peachtree. I think Ansley residents will do just fine with redevelopment that matches existing density along Peachtree.

I actually live nearby and am thoroughly underwhelmed by that stretch of Peachtee; I literally always walk south, never north. This project will probably do nothing to change that.

They don't have any commitment to a big retail component: "limited retail and restaurant opportunities available" sounds like...the same as that block is right now. There's no reason to expect much from this developer: the 1280 tech office and their nearby project on West Peachtree shun retail as well.

Plus this is an area of fancy, almost overly redone legacy mid rise construction. It hasn't created a great walkable environment (although there are some neat looking buildings). I see no reason to cheer redeveloping in such a manner yet more mediocre buildings along Peachtree, which means they'll stay this way forever rather than making way for more modern 10-20 story buildings that will actually have solid retail opportunities and make that neighborhood more than a black hole of walkability to the north of midtown.

[Atlanta3000]

Originally Posted by testarossa50

It's going to be one of the lowest density uses on that part of Peachtree. I think Ansley residents will do just fine with redevelopment that matches existing density along Peachtree.

I actually live nearby and am thoroughly underwhelmed by that stretch of Peachtee; I literally always walk south, never north. This project will probably do nothing to change that.

They don't have any commitment to a big retail component: "limited retail and restaurant opportunities available" sounds like...the same as that block is right now. There's no reason to expect much from this developer: the 1280 tech office and their nearby project on West Peachtree shun retail as well.

Plus this is an area of fancy, almost overly redone legacy mid rise construction. It hasn't created a great walkable environment (although there are some neat looking buildings). I see no reason to cheer redeveloping in such a manner yet more mediocre buildings along Peachtree, which means they'll stay this way forever rather than making way for more modern 10-20 story buildings that will actually have solid retail opportunities and make that neighborhood more than a black hole of walkability to the north of midtown.

T50 - I value your opinion, but completely disagree. I think the buildings on the East side of Peachtree are appropriately scaled for the neighborhood. I do think 20+ floor buildings on the West side of Peachtree would make sense.

Retail - hmmm, have you seen what is happening in this sector over the past 5 years? The days of street level retail are over, except in the most densely populated cities. The best Midtown, or most cities for that matter, can hope for are large mixed-use developments in their urban core. Atlanta Station, PCM, Underground and Colony Square are example in Atlanta.

The fact is, creative loft style office is very attractive to the market now. Atlanta is attracting and growing high tech companies and these companies are attracted to this type of commercial space.

[ATLmangum]

Totally agree with 3000, there are only certain types of retail that can survive in a brick and mortar setting. Upgrading how these buildings enhance the pedestrian experience and bringing in office tenants with the right type of working environment will make this project successful. To me this hits the mark dead on.

[arctk2014]

Originally Posted by testarossa50

It's going to be one of the lowest density uses on that part of Peachtree. I think Ansley residents will do just fine with redevelopment that matches existing density along Peachtree.

I actually live nearby and am thoroughly underwhelmed by that stretch of Peachtee; I literally always walk south, never north. This project will probably do nothing to change that.

They don't have any commitment to a big retail component: "limited retail and restaurant opportunities available" sounds like...the same as that block is right now. There's no reason to expect much from this developer: the 1280 tech office and their nearby project on West Peachtree shun retail as well.

Plus this is an area of fancy, almost overly redone legacy mid rise construction. It hasn't created a great walkable environment (although there are some neat looking buildings). I see no reason to cheer redeveloping in such a manner yet more mediocre buildings along Peachtree, which means they'll stay this way forever rather than making way for more modern 10-20 story buildings that will actually have solid retail opportunities and make that neighborhood more than a black hole of walkability to the north of midtown.

Have you ever read Jane Jacobs' "The Death and Life of Great American Cities"? There's a lot more to desirability & walkability than just expecting retail everywhere. And just because they're renovating today doesn't mean they will star with way forever - there just has to be a demand and zoning allowances for high-rise developments here. Why do you think so many of the other high-rise developments (on these and other nearby parcels) in this area have stalled time and time again?

[robertjhajek]

WOAH.

PLANS REVEALED FOR $400 MILLION FIRST PHASE OF QUARRY YARDS

Feb 28,2018 09:22 am 0
Phase I, expected to break ground this year, consists of 575,000sf Class A office, 850 residential units, a 300-key hotel, and 75,000sf of retail, restaurants.
Mark Teixeira, former Atlanta Braves first baseman and MLB All-Star, along with Urban Creek Partners Jimmy Barry and Joel Bowman, Wednesday unveiled plans for Quarry Yards.

The 70-acre mixed-use development, adjacent to the Bankhead Marta Station on Donald Lee Hollowell Parkway, will "transform the Grove Park neighborhood and create a lifestyle community connected to nature, fitness, and innovation."

The development’s 27-acre, $400 million first phase is expected to break ground by the end of 2018.

Phase one of Quarry Yards, which is 1.5 miles from Teixeira’s alma mater Georgia Tech, is currently zoned to include 575,000 square feet of Class A office, 850 residential units, a 300-key hotel, and 75,000 square feet of retail and restaurants.

Urban Creek Partners also announced it is working with Pollack Shores Real Estate Group on forming a joint venture partnership for the multifamily development and is in discussions with an innovative retail partner on a food hall concept.

“Urban Creek Partners has been in this community for the past 10 years, listening and learning about what our neighbors want in this development," Teixeira said in the release.



"Our plan is to continue to be here for the long haul and create an economic driver that will lift the entire area – one which has been overlooked for far too long."

Designed by HKS Architects and Populous, Quarry Yards is being master-planned to become the gateway to Westside Park at Bellwood Quarry, the City of Atlanta’s newest and largest park scheduled to open in 2019.

The building designs will encompass the area’s industrial roots and add an "edgy, energetic feel" with the inclusion of brick, glass, concrete, metal, and iron to the structures and container storage units that will be used for start-up businesses and restaurant concepts.

Original stone foundations will be incorporated in specific areas and some existing metal roofs may be re-purposed around the site.

Teixeira and Bowman had the vision to see this neighborhood’s potential and in 2008 began a plan to revitalize the area that would be driven by the residents and natural resources of the community.

The two formed the Emerald Corridor Foundation to focus on restoring Proctor Creek and raising funds to initiate and complete the Proctor Creek Greenway to foster a healthy environment and support thriving urban communities.

While sections are open now, the Greenway will be completed in April.

“Quarry Yards will turn an area that has been inactive for many years into a thriving community that creates jobs, offers unprecedented connections to nature and provides a range of new experiences for current and future residents, office tenants and visitors to the area,” Bowman said.

Other project partners include Brasfield & Gorrie (general contractor/construction), B+C Studio (landscape architect), Kimley-Horn (project engineer), and CBRE’s Bryan Heller and Peter McGuone who will be the lead project brokers.

[Atlanta3000]

Originally Posted by robertjhajek

WOAH.

PLANS REVEALED FOR $400 MILLION FIRST PHASE OF QUARRY YARDS

Feb 28,2018 09:22 am 0
Phase I, expected to break ground this year, consists of 575,000sf Class A office, 850 residential units, a 300-key hotel, and 75,000sf of retail, restaurants.
Mark Teixeira, former Atlanta Braves first baseman and MLB All-Star, along with Urban Creek Partners Jimmy Barry and Joel Bowman, Wednesday unveiled plans for Quarry Yards.

The 70-acre mixed-use development, adjacent to the Bankhead Marta Station on Donald Lee Hollowell Parkway, will "transform the Grove Park neighborhood and create a lifestyle community connected to nature, fitness, and innovation."

The development’s 27-acre, $400 million first phase is expected to break ground by the end of 2018.

Phase one of Quarry Yards, which is 1.5 miles from Teixeira’s alma mater Georgia Tech, is currently zoned to include 575,000 square feet of Class A office, 850 residential units, a 300-key hotel, and 75,000 square feet of retail and restaurants.

Urban Creek Partners also announced it is working with Pollack Shores Real Estate Group on forming a joint venture partnership for the multifamily development and is in discussions with an innovative retail partner on a food hall concept.

“Urban Creek Partners has been in this community for the past 10 years, listening and learning about what our neighbors want in this development," Teixeira said in the release.



"Our plan is to continue to be here for the long haul and create an economic driver that will lift the entire area – one which has been overlooked for far too long."

Designed by HKS Architects and Populous, Quarry Yards is being master-planned to become the gateway to Westside Park at Bellwood Quarry, the City of Atlanta’s newest and largest park scheduled to open in 2019.

The building designs will encompass the area’s industrial roots and add an "edgy, energetic feel" with the inclusion of brick, glass, concrete, metal, and iron to the structures and container storage units that will be used for start-up businesses and restaurant concepts.

Original stone foundations will be incorporated in specific areas and some existing metal roofs may be re-purposed around the site.

Teixeira and Bowman had the vision to see this neighborhood’s potential and in 2008 began a plan to revitalize the area that would be driven by the residents and natural resources of the community.

The two formed the Emerald Corridor Foundation to focus on restoring Proctor Creek and raising funds to initiate and complete the Proctor Creek Greenway to foster a healthy environment and support thriving urban communities.

While sections are open now, the Greenway will be completed in April.

“Quarry Yards will turn an area that has been inactive for many years into a thriving community that creates jobs, offers unprecedented connections to nature and provides a range of new experiences for current and future residents, office tenants and visitors to the area,” Bowman said.

Other project partners include Brasfield & Gorrie (general contractor/construction), B+C Studio (landscape architect), Kimley-Horn (project engineer), and CBRE’s Bryan Heller and Peter McGuone who will be the lead project brokers.

This looks damn good. This would make an excellent choice for Apple's Second HQ. I have said it before, but my banker golf buddies have said all areas on the Westside (inside the Perimeter) is where capital is following.

[Atlanta3000]

• Video Link

[jwbab]

Updates from Development Authority of Fulton County:

Minutes from January Meeting: http://www.developfultoncounty.com/dafc/images/minutes/2018/012318_Jan_Regular_Meeting.pdf

Agenda for yesterday's meeting: http://www.developfultoncounty.com/dafc/images/agenda/2018/022718_Feb_Regular_Meeting_Agenda.pdf

Highlights from the Agenda:

• $100 Million project likely located at 395 & 409 Whitehall in South Downtown -no further details available
• Greenstone Ventures, Inc. $120 Million (14th & Spring Project)
• $85 Million project presented by "CCC-Atlanta GT LLC" - no further details available

[arctk2014]

Originally Posted by robertjhajek

WOAH.

PLANS REVEALED FOR $400 MILLION FIRST PHASE OF QUARRY YARDS


The development’s 27-acre, $400 million first phase is expected to break ground by the end of 2018.

Designed by HKS Architects and Populous, Quarry Yards is being master-planned to become the gateway to Westside Park at Bellwood Quarry, the City of Atlanta’s newest and largest park scheduled to open in 2019.

I tried to outline the general extents of the project for reference based on some cues from the rendering from the Bankhead MARTA station. Not sure if it would actually include the former housing project nearby (that have been demolished within the last decade) but it gives us an idea of how close it is to the future Westside Reservoir Park.