ATLANTA | Development Thread VI

[GeorgiaPeanuts]

Originally Posted by West Peachtree

Is the fence around Daiquiri Factory and next door 901 West Peachtree office building too - encircled all the way around toward alley?

Thanks for more - and ongoing - pictures, Georgia Peanuts ! They each are worth a thousand words.

No, it only went slightly further to the left of my picture, looks like they had just started putting it up. I'll walk by it later today and see if they got any further along.

[Martinman]

Originally Posted by Sura

I found some old articles and a website for the Mellen Lofts. Any chance it's moving forward after a couple years?

http://www.126renaissance.com/history/

https://atlanta.curbed.com/2016/6/2/11836592/downtown-atlanta-loft-office-mellen-lofts

This would have been cool but no. This is another Dezhu project.

http://www.dezhuus.com/126-renaissance

[Hokiehaven]

Originally Posted by daharris80

Even with the increase in property values and expected increase in revenue, I still wonder whether there is enough new revenue to pay for the infrastructure. Sure the park that is created will have public value but we're talking about creating a park for hundreds of millions of dollars here... At what price point does the the cost eclipse the public benefit? Who's going to guarantee the project costs and/or be responsible for inevitable cost overruns? Really like the concept just not yet sold on the financing model.

Also, how ironic is it that CAP is looking into a cap?

I believe the Stitch project is one that could finally spur real development downtown. The area in just about all directions is essentially derilect two blocks or more every way.

Its fair what is the cost, but Midtown Downtown will never be fully realized unitl something like this happens.

Make a pitch back to Amazon that they help get this done, I believe this will change the core the way the Beltline is changing the trails throughout ATL

[Sura]

Originally Posted by Martinman

This would have been cool but no. This is another Dezhu project.

http://www.dezhuus.com/126-renaissance

Looks nice. I wonder what they'll put in the "store front".

[Street Advocate]

No fence along Peachtree at 7th, just a portion along 7th

[sbrptree]

Originally Posted by West Peachtree

Is the fence around Daiquiri Factory and next door 901 West Peachtree office building too - encircled all the way around toward alley?

Thanks for more - and ongoing - pictures, Georgia Peanuts ! They each are worth a thousand words.

Daiquiri Factory is empty....correct? Looks like building next door is also closed. Hope the fence = CST to start soon!

[ATLSkyPalaceOwner]

Originally Posted by sbrptree

Daiquiri Factory is empty....correct? Looks like building next door is also closed. Hope the fence = CST to start soon!

Yes Daiquiri Factory has been shuttered for a couple of months now. The gold store and cleaners south of the Factory are also closed, and I think they've been closed longer. I'm pretty sure the re-purposed houses that turned into offices further East on 7th have been closed for a long time (the last one I remember is 2 Girls and a Deal real estate agent which has been closed/relocated for over a year I believe).

And the Belmere has been condemned for code violations. Unfortunately I don't believe this project extends that far up, so that building will continue to be an eyesore for years to come.

[West Peachtree]

Originally Posted by ATLSkyPalaceOwner

Yes Daiquiri Factory has been shuttered for a couple of months now. The gold store and cleaners south of the Factory are also closed, and I think they've been closed longer. I'm pretty sure the re-purposed houses that turned into offices further East on 7th have been closed for a long time (the last one I remember is 2 Girls and a Deal real estate agent which has been closed/relocated for over a year I believe).

And the Belmere has been condemned for code violations. Unfortunately I don't believe this project extends that far up, so that building will continue to be an eyesore for years to come.

Public records show that "The Belmere" 28 7th St building/property - .1458 acres - was sold in Oct 2017 for almost $1.7 million.

Surely, something is planned to protect that recent very substantial apartment investment, right ?

https://www.apartments.com/belmere-apartments-atlanta-ga/hrg7963/

[Hokiehaven]

Originally Posted by West Peachtree

Public records show that "The Belmere" 28 7th St building/property - .1458 acres - was sold in Oct 2017 for almost $1.7 million.

Surely, something is planned to protect that recent very substantial apartment investment, right ?

https://www.apartments.com/belmere-apartments-atlanta-ga/hrg7963/

Belmere isn't part of that tower though right?

I swear I saw Belmere for sale last summer.

[tinyslam]

Here is the site as of 5pm last night (Wednesday 2/13/19). You can see the small section of fence on 7th. They were filming Zombie-land 2 around here so I'm not sure if the fence/abandoned buildings were for filming or if this is the first section of the larger construction fence.

[GeorgiaPeanuts]

901 West Peachtree got some new renders:

[Historic]

^ Love it, reminds me of a watered down version of a Swedish library.

[arctk2014]

Originally Posted by Historic

^ Love it, reminds me of a watered down version of a Swedish library.

Or a Starbucks Roastery...

[Atlantis]

UPDATE
Photos: Buckhead’s tallest new tower in a decade lends unique Atlanta perspectives


The spiky concrete pieces at left will bear a unique architectural fin at Atlanta’s latest Icon tower.

Buckhead’s tallest new high-rise since 2008’s Sovereign condos has topped out, with expectations that apartments will start leasing in late spring or early summer, according to developers.

Icon Buckhead stands 35 stories over Peachtree Road, just south of Lenox Square, with an architectural fin in the works that will run up and over the roof, promising a distinctive touch among so many new high-rises of concrete and glass.

https://atlanta.curbed.com/atlanta-photo...hBlfeCF6RQ4d44dxvvAg_Q4jc6-HdvzOijysRRXo

[Atlantis]

Work continues on the glass facade at street level. Expect the retail spaces to span three floors here

[(four 0 four)]

Originally Posted by ATLSkyPalaceOwner

And the Belmere has been condemned for code violations. Unfortunately I don't believe this project extends that far up, so that building will continue to be an eyesore for years to come.

There has been work going on in the apartment building for months. The prior tenants are thankfully, gone. The trash has been cleaned up, all the windows have been replaced and once in a while I see lights on in the evening and hear a power saw running. Whatever is going on, they are not in a big rush to get it completed.

[Atlantis]

Views toward the Sovereign condo tower, which at 665 feet is Buckhead’s tallest—and the tallest built anywhere in Atlanta in the 2000s.

[Atlantis]

Midtown in the distance.

[Atlantis]

How the length of the project will front Peachtree Road, just south of Lenox Square. Renderings courtesy of Related Group

[Atlantis]

How the length of the project will front Peachtree Road, just south of Lenox Square