ATLANTA | Development Thread V

[SwimAtl]

Originally Posted by PremierAtlanta

Wow! This development would make quite an impact on that area. Isn't this location across the street roughly from the future College Football Hall of Fame? This would go a long way in making the entire Centennial Olympic Park area even more "inviting".

I think it is - pretty much right across the street. It would look incredible across from the Hall of Fame. I can't imagine we'll see this started anytime soon (or ever) but it's fun to finally see a commercial skyscraper talked about in Atlanta!

[micropundit]

The estimated project cost for the new building, plus an addition to a hotel, would be $150 million, he said. (The developer)Marvin’s hoping to attract tourist destinations, high-tech office tenants, plus shops.

The project is directly across from the College Football Hall of Fame site.


[IMG][/IMG]http://www.ajc.com/business/new-office-project-proposed-1207253.html

[ATL_J]

Originally Posted by PremierAtlanta

Wow! This development would make quite an impact on that area. Isn't this location across the street roughly from the future College Football Hall of Fame? This would go a long way in making the entire Centennial Olympic Park area even more "inviting".

You are correct; this project is right across the street from the future site of the College Football Hall of Fame. Its hard to tell from this specific rendering, but it also includes street front retail and restaurant space.

[ATL_J]

Micropundit,

Where did you get that rendering? That's an older rendering. I didn't see that rendering in the AJC article either.

[briantech]

Originally Posted by micropundit

Two veteran Atlanta developers want to build a 350,000-square-foot office building in downtown’s Luckie Marietta district and make it part of a new “Times Square” environment.

Seven Oaks Co and Legacy Property Group have formed a joint venture to develop the project, known as 285 Marietta. It would be geared to creative or high-tech companies with an influential Generation Y workforce.
The project, designed by architect Cooper Carry Inc, would include a video wall on its façade — meant to evoke the feel of Times Square. It aims to complement the existing entertainment attractions already drawing people to the district, including Philips Arena, the Georgia Aquarium, World of Coke, CNN Center and coming attractions such as the College Football Hall of Fame.





http://www.bizjournals.com/atlanta/print-edition/2011/10/21/times-square-south-proposed.html

Aren't there already buildings there? The Hilton, Ruth's Chris, etc.

Are they just going to build this building on top of the existing infrastructure?

[jpk1292000]

Originally Posted by briantech

Aren't there already buildings there? The Hilton, Ruth's Chris, etc.

Are they just going to build this building on top of the existing infrastructure?

I think this parcel is currently a parking lot diagonally across the street from Stats.

[AtlantaMustang]

Originally Posted by jpk1292000

I think this parcel is currently a parking lot diagonally across the street from Stats.

Yes, that seems correct. The building is not directly on the park. It would be behind the Embassy Suites, on Marietta.

[cityenthusiast]

Originally Posted by micropundit

Two veteran Atlanta developers want to build a 350,000-square-foot office building in downtown’s Luckie Marietta district and make it part of a new “Times Square” environment.

Seven Oaks Co and Legacy Property Group have formed a joint venture to develop the project, known as 285 Marietta. It would be geared to creative or high-tech companies with an influential Generation Y workforce.
The project, designed by architect Cooper Carry Inc, would include a video wall on its façade — meant to evoke the feel of Times Square. It aims to complement the existing entertainment attractions already drawing people to the district, including Philips Arena, the Georgia Aquarium, World of Coke, CNN Center and coming attractions such as the College Football Hall of Fame.





http://www.bizjournals.com/atlanta/print-edition/2011/10/21/times-square-south-proposed.html

This is awesome I hope they can get this off the ground as soon as possible and with the college football hall of fame, the human rights museum and the multi modal terminal, downtown will be the place to be again instead of midtown Im so excited about all the project proposals going on right now

[micropundit]

Originally Posted by ATL_J

Micropundit,

Where did you get that rendering? That's an older rendering. I didn't see that rendering in the AJC article either.

The render is from an archtectual site that featured several elevations of the 285 Marietta project. Here is another:

[simms3_redux]

October Construction Update

I was lazy this weekend when taking pictures because traffic was a mess and there was just too much going on to feel like taking pictures of "soon-to-be" developments. Anyway, check out these updates on current projects.

Emory Pointe







New Emory Health Sciences Research Building





Hank McCamish Pavilion (replacement for Alexander Memorial Colisseum at Georgia Tech





Hilton/Homewood Suites mid-rise at 10th and Williams



Site for 285 Marietta St




Some Renderings of Planned Towers Around ATL That May Materialize if Economy Comes Back...Enjoy!

12th and Midtown Final Phase (Apple would have gone on this block):



240 Perimeter Center:



3630 North Tower (the Novare component):


Dewberry's 10th and Peachtree Block Preliminary Plan (Would include a 60+ floor tower):



The Metropolitan (between 17th and 16th and Spring and West Peachtree...across the street from my building):







Three Alliance Center:





What We Have to Look Forward to Within a Couple Months

1) 77 12th breaking ground hopefully this month...it's a go

2) Novare's Skyhouse project securing financing and breaking ground by Q2 2012

3) Buckhead Atlanta cranes moving once again (the cranes say Oliver MacMillan now...progress!!)

4) Emory's new 250 bed, $95M hospital tower breaking ground by Q2 2012

5) CDC is apparently going to put up another 8-story tower on Clifton

6) Pharr Rd luxury condo project "rising" soon

7) Buckhead Village improvements

• Planning for Peachtree/Roswell/Paces Ferry intersection well underway, and people have brought up idea to go underground!
• Planning for Buckhead Village underway (masterplan)...talk of "Dupont Village" like plan, whatever that means

8) Full renovation of Westin Peachtree

9) Full renovation of Melia Hotel

10) Continued improvements at Atlantic Station

11) Ponce City Market going full steam ahead within the month

12) STK Steak opening within a month and half at 1075 Peachtree

13) Cucina Asellina to open this month next door to above

14) Bobby Berk to open within a month or two across from escorpion on Peachtree

15) Atlanta E-W downtown streetcar to break ground within a few months...it was supposed to happen already


Basically...by June of next year, construction updates could be very exciting!

[testarossa50]

Great update! Nice to hear that some other stuff is in the works, although I'd honestly settle for 77 12th street breaking ground, and another surface lot biting the dust.

[Dale]

Thanks for laying all that out for us, simms.

Question: how would you rate the prospects for 285 Marietta ?

[simms3_redux]

^^^I'm not going to make any comments on 285 Marietta. I think it's fascinating and I really sincerely hope it comes to fruition. Not that I am public or important, but I know some of those involved with that project and I can only wish them the best of luck. Seven Oaks and Legacy have some really good track records. Seven Oaks is led by Bob Voyles, who was director of development for Hines and was responsible for defining towers in Atlanta (1180 Peachtree for one), and Legacy has literally transformed that area and has a great team.

I can only urge anyone wanting to make their own predictions for the project to visit those firms' websites:

http://www.sevenoakscompany.com/

http://www.legacyproperty.com/

[Dale]

Thanks, and also the Coca-Cola reno is around the corner. Still hoping for a nice reclad on that.

[shivtim]

Thanks, simms!
In addition to all of those projects, construction is underway on a new building at CDC's Buford Highway campus. It will be around 10 floors, and will have a detached parking deck. They've been doing foundation work and a large crane is now on site. Here's an article about it from 2009.

Also, there's been a large crane near the southwest end of Georgia Tech's campus for a few weeks now, near Coca-Cola headquarters... any idea what that is? I've also noticed they've been doing some work on the Tech Square parking garage at 8th and Williams.

[AtlantaMustang]

Originally Posted by shivtim

Thanks, simms!
Also, there's been a large crane near the southwest end of Georgia Tech's campus for a few weeks now, near Coca-Cola headquarters... any idea what that is? I've also noticed they've been doing some work on the Tech Square parking garage at 8th and Williams.

I've seen that over there also, but I haven't gone over to check it out. I've been wondering that for a little while.

[simms3_redux]

Originally Posted by shivtim

Thanks, simms!
In addition to all of those projects, construction is underway on a new building at CDC's Buford Highway campus. It will be around 10 floors, and will have a detached parking deck. They've been doing foundation work and a large crane is now on site. Here's an article about it from 2009.

Also, there's been a large crane near the southwest end of Georgia Tech's campus for a few weeks now, near Coca-Cola headquarters... any idea what that is? I've also noticed they've been doing some work on the Tech Square parking garage at 8th and Williams.

You know what? I must have been confused. I mentioned in my list the CDC tower for Clifton and at 8 floors, but that was what I heard in passing from a representative at an engineering firm, and I must have heard wrong.

10 floors at the Buford campus! I'll take it


I was also reaffirmed today in casual conversation that the Novare project seems to be far along in securing a lender. Fingers crossed.

[NYbyWAYofGA]

7) Buckhead Village improvements

• Planning for Peachtree/Roswell/Paces Ferry intersection well underway, and people have brought up idea to go underground!
• Planning for Buckhead Village underway (masterplan)...talk of "Dupont Village" like plan, whatever that means

Could they mean like Dupont Circle in DC? If that's the case, that's a fine model to go after.

[simms3_redux]

^Dupont Circle Village, yes. Aka some have floated the idea of putting through roads underground and following a similar model of density and planning as that area of DC. Was in a hurry as usual when I typed up.

[micropundit]

AMLI is devloping a 300 unit apartment project next to O4W Park that is now under construction.


http://www.bisnow.com/atlanta_news_story.php?p=18559