ATLANTA | Development Thread VI - Page 406

NYbyWAYofGA · #**8101** Posted **May 7, 2018, 2:45 PM**

Quote:

Originally Posted by PremierAtlanta

Atlanta from 10,000 feet above. Sorry that all of Downtown is not included.

Photo courtesy of @atlcast on Twitter.

This aerial is absolutely amazing. As much density as the core has picked up, this only shows the potential. Atlanta is only just beginning. It's very exciting to watch.

Atlanta3000 · #**8102** Posted **May 7, 2018, 3:37 PM**

Quote:

Originally Posted by ATLMidcity

Remember when Buckhead was building 3 new office towers and the developers jointly advertised in New York newspapers as a brilliant marketing scheme? It worked.
IMHO, I believe Midtown is the hottest submarket in Atlanta right now, and there seems to be a renewed interest in constructing highrise buildings near MARTA stations, especially in the city's core.
Besides, all of these current developers have deep pockets and stellar portfolios. Selig's 12th & Midtown is in the final stages of completion, MetLife would bring thousands of its own employees and Cousins has rarely disappointed.

Maybe these developers know something BIG that we can only speculate about.

Buckhead actually had 4 speculative office towers greater then 500K sqft built during the last economic cycle.

Terminus 100 & 200

3344 Peachtree

Phipps Tower

Atlanta3000 · #**8103** Posted **May 7, 2018, 3:43 PM**

Quote:

Originally Posted by Pemgin

With all of the new office space proposed in Midtown, it seems like something has to give. Proposals now include 1105 West Peachtree, 1125 Peachtree, the Metlife project, Cousins new proposal, and the Campanile expansion. Is the market strong enough to absorb all of these proposals?

Midtown office vacancy is around 10%. This is the lowest vacancy in like 20+ years. Even the Bank of America office building is 75% occupied from 40% a couple of years ago. In my opinion, all of these developments stand a good chance of starting as long a Buckhead doesn't start going spec.

Atlanta3000 · #**8104** Posted **May 7, 2018, 5:52 PM**

Quote:

Originally Posted by Street Advocate

Details:
FOLLOW-UP: 17th & Spring MXD - Mixed-Use (1295 Spring St.)
New mixed-use buildings on a 3.8 acre site with a total of ~605,000 s.f. office uses, 255 key hotel, 350 residential units and ~99,500 s.f of retail uses (including grocer and food hall) and partially buried podium parking of ~1,182 spaces. The site would be bifurcated by a separated publically accessible private street extension of Arts Center Way from the east at West Peachtree St. to Spring St which would serve as the primary access to the buildings. The site also would have full access from Spring St., West Peachtree St. and 16th St. and ingress only from 17th St.
John Hillman, [email protected]
Mike Service, [email protected]
Emmy Montanye, [email protected]
NEW APPLICATION: 1125 Peachtree Street
New mixed-use development on the block bounded by 13th Street, Juniper, 12th Street and Peachtree Street. The project contains approximately 6,000 SF of retail at street level, +/- 56 residential condo units, +/- 253 key luxury hotel, 9 story office tower, and structured parking for approximately 563. The office, hotel, and residential components stack vertically on top of each other, stepping back as uses change to allow for amenity spaces. There are three proposed vehicle access points to the site that tie into various levels of the parking deck. Access points are located on 12th Street, and Juniper (2 access points). Loading docks are located off of 13th Street. Pedestrian access is provided at street level to the retail suites, residential lobby, hotel lobby, office, and parking located at various points around the site.
Jenn Wilson, [email protected]

I saw a video of this a couple of months ago and this is going to be an amazing development. The office building looks just like the Tryon Place project in Charlotte that was never built. Hopefully tomorrow we will see real pictures.

Pemgin · #**8105** Posted **May 7, 2018, 6:42 PM**

That looks very similar to 1144 15th in Denver, which is a great looking building.

mayhem · #**8106** Posted **May 7, 2018, 7:39 PM**

Quote:

Originally Posted by Pemgin

That looks very similar to 1144 15th in Denver, which is a great looking building.

Originally Hines had proposed to build that same 1144 tower on the site of 50 Allen Plaza.

Atlanta3000 · #**8107** Posted **May 7, 2018, 7:58 PM**

Quote:

Originally Posted by mayhem

Originally Hines had proposed to build that same 1144 tower on the site of 50 Allen Plaza.

Calgary has two:

Pemgin · #**8108** Posted **May 7, 2018, 8:41 PM**

Quote:

Originally Posted by mayhem

Originally Hines had proposed to build that same 1144 tower on the site of 50 Allen Plaza.

Quote:

Originally Posted by Atlanta3000

Calgary has two:

Oh wow I didn't know they Novare'd that design across several cities. That would have looked cool at 50 Allen Plaza.

DNR · #**8109** Posted **May 7, 2018, 8:45 PM**

Quote:

Originally Posted by Atlanta3000

Calgary has two:

Speaking of Calgary and other Canadian cities – How is it that these moderately sized cities have disproportionately large skylines for their size?
I have never received a satisfactory answer on this question.

Just google some of their most current skylines along with their population. If you look at skylines based on populations, Atlanta should be right up there with Toronto.

Toronto 5.9 million
Montreal 4.0 million
Vancouver 2.4 million
Calgary 1.3 million

darkcarrington · #**8110** Posted **May 7, 2018, 9:01 PM**

Quote:

Originally Posted by DNR

Speaking of Calgary and other Canadian cities – How is it that these moderately sized cities have disproportionately large skylines for their size?
I have never received a satisfactory answer on this question.

Just google some of their most current skylines along with their population. If you look at skylines based on populations, Atlanta should be right up there with Toronto.

Toronto 5.9 million
Montreal 4.0 million
Vancouver 2.4 million
Calgary 1.3 million

Google their population densities compared to Atlanta and you will have your answer. Though Atlanta and Toronto are similarly sized in terms of metro area population, the city of Tornoto is 2.7 million people (roughly the size of Chicago) and has density of ~ 11,000k / sq mi while Atlanta is 470k and density of ~3500 / sq mi.

Dale · #**8111** Posted **May 7, 2018, 9:06 PM**

The authors of Places Rated Almanac explained why a few years back. I believe they called it Isolation-Proximity. Basically, only a handful of cities catering to over 30-million people.

MdtwnATL · #**8112** Posted **May 7, 2018, 9:15 PM**

Quote:

Originally Posted by DNR

Speaking of Calgary and other Canadian cities – How is it that these moderately sized cities have disproportionately large skylines for their size?
I have never received a satisfactory answer on this question.

Just google some of their most current skylines along with their population. If you look at skylines based on populations, Atlanta should be right up there with Toronto.

Toronto 5.9 million
Montreal 4.0 million
Vancouver 2.4 million
Calgary 1.3 million

Toronto population of 2.7 million in the city. Montreal 1.7 million. Atlanta has just over 500,000 (or just under, depending on who you ask).

SteveD · #**8113** Posted **May 7, 2018, 9:21 PM**

I understand what's being said, but it always helps to also remember how small City of Atlanta area is.

Atlanta: 134 square miles
Montreal: 166 square miles
Toronto: 243 square miles
Calgary: 318 square miles

Less than 1 in 10 in metro Atlanta lives in the city limits.

sbrptree · #**8114** Posted **May 7, 2018, 9:55 PM**

Quote:

Originally Posted by SteveD

I understand what's being said, but it always helps to also remember how small City of Atlanta area is.

Atlanta: 134 square miles
Montreal: 166 square miles
Toronto: 243 square miles
Calgary: 318 square miles

Less than 1 in 10 in metro Atlanta lives in the city limits.

US cities have succumbed to sprawl thanks to the auto and poor land use decisions. Canadian cities are much better planned in regards to the integration of land use and transportation, including extensive transit systems.

SteveD · #**8115** Posted **May 7, 2018, 10:44 PM**

Quote:

Originally Posted by sbrptree

US cities have succumbed to sprawl thanks to the auto and poor land use decisions. Canadian cities are much better planned in regards to the integration of land use and transportation, including extensive transit systems.

and....? I didn't say anything about any of that. My post was meant to highlight the general uselessness of comparing city limit population sizes, and to remind everyone (in case they forgot) how small Atlanta's is.

Dale · #**8116** Posted **May 7, 2018, 10:59 PM**

Quote:

Originally Posted by SteveD

and....? I didn't say anything about any of that. My post was meant to highlight the general uselessness of comparing city limit population sizes, and to remind everyone (in case they forgot) how small Atlanta's is.

Well, if you're a stickler for defining a city as the city proper. I can just about guarantee you that a Calgarian would consider Atlanta massive.

Street Advocate · #**8117** Posted **May 8, 2018, 1:43 AM**

I’m still not over Interlock’s proposed 90,000 sq ft of retail. Now that’s an addition to the neighborhood:

Martinman · #**8118** Posted **May 8, 2018, 4:07 AM**

Quote:

Originally Posted by sbrptree

US cities have succumbed to sprawl thanks to the auto and poor land use decisions. Canadian cities are much better planned in regards to the integration of land use and transportation, including extensive transit systems.

This!

Its just a completely different pattern of city development on a national level than what exists in the post-war, suburban-focused US cities. Toronto's 2.7 million city population is in 240 sq miles which is less than the approximate 300 sq miles of land area inside the Perimeter. The most recent numbers I've seen on the ITP population was around 800K.

Street Advocate · #**8119** Posted **May 8, 2018, 9:28 AM**

Hines to begin construction later this month.

"Known as T3, the $80 million project will feature a design that echos the industrial roots of Atlantic Station, a former Midtown steel plant.

Midtown vacancy is hovering around 9 percent.

"We are seeing unprecedentedly low vacancy and an increase in rates that justifies new construction," Heagy said.

T3 will officially break ground May 17. Hines wants to complete the building by summer of 2019."

Spoiled some of the other images from the slideshow, below:

ATLMidcity · #**8120** Posted **May 8, 2018, 9:34 AM**

Quote:

Originally Posted by DNR

Speaking of Calgary and other Canadian cities – How is it that these moderately sized cities have disproportionately large skylines for their size?
I have never received a satisfactory answer on this question.

Just google some of their most current skylines along with their population. If you look at skylines based on populations, Atlanta should be right up there with Toronto.

Toronto 5.9 million
Montreal 4.0 million
Vancouver 2.4 million
Calgary 1.3 million

Two words: White Flight... Just imagine if all the buildings in Buckhead, Perimeter and Cumberland/Galleria were built in downtown/Midtown - we wouldn't be having this conversation.
Every city in America is currently undergoing an influx of people returning to the original downtowns whether large or small.
Now it is about one word: Gentrification.
Somebody said: "if you don't know your history, you are doomed to repeat it,"