ATLANTA | Development Thread V

[AtlantaMustang]

Originally Posted by micropundit

Atlanta developers Daniel Corp. and Selig Enterprises Inc. are assembling land to expand their 12th & Midtown project with more retail and apartments.

With the quality of buildings they've built in Midtown, the more land they buy the better.

[micropundit]

Retail space could more than double at the 12th & Midtown development.

As the project grows with recent and future land acquisitions, it looks to add close to 200,000 square feet of retail, said Shirley Gouffon, senior vice president of Selig Enterprises Inc. The development today has about 130,000 square feet of retail.“It will be significant,” said Gouffon, who heads retail leasing for 12th & Midtown. “I’m very optimistic about the future. It’s not happening overnight. But, it is happening.”

The additional space would bring more street-front shopping, entertainment and dining options to Midtown — helping to further transform the area into an around-the-clock, regional destination.Some of the new retail would come along Peachtree Street, in a future phase north of the Loews Atlanta Hotel. That portion, Gouffon hopes, will attract luxury retail with a heavy focus on fashion.

Other new retail is planned for the area bounded by 12th Street, Crescent Avenue and West Peachtree Street, where developers Daniel Corp. and Selig Enterprises are busy picking up parcels.That section would lend itself to service, destination, restaurant and entertainment uses, Gouffon said. You might see a sophisticated urban grocery store, a small theater and some boutique shops, along with new restaurants.






http://www.bizjournals.com/atlanta/print...quare-feet-of-retail-to-be.html?page=all

[ChadK]

Originally Posted by micropundit

Some of the new retail would come along Peachtree Street, in a future phase north of the Loews Atlanta Hotel. That portion, Gouffon hopes, will attract luxury retail with a heavy focus on fashion.

Maybe Selig can make a deal to buy and develop the lot at 10th and Peachtree too since Dewberry doesn't think the "market is right" yet.

[ChrisInmanPark]

"Other new retail is planned for the area bounded by 12th Street, Crescent Avenue and West Peachtree Street, where developers Daniel Corp. and Selig Enterprises are busy picking up parcels.That section would lend itself to service, destination, restaurant and entertainment uses, Gouffon said. You might see a sophisticated urban grocery store, a small theater and some boutique shops, along with new restaurants."

I'm happy for new development here as there are some empty and crappy parcels along West Peachtree, but I would had to loose some of the old buildings along Crescent like Front Page News. They add a lot of character and contrast to the large glass buildings in the area. Not to mention fond memories!

[atlantaguy]

I wonder if this is the big retail news that simms3_redux hinted at...

[sevensixtwo]

Originally Posted by Midtown_DD

It's pretty interesting to me that they are tearing down an old 4 story apartment building in the heart of Midtown and no one really knows why!

I agree that is very interesting. I will be glad to see that Starbuck's razed to the ground though

[Dale]

I'll just go to the next Starbucks.

[sevensixtwo]

We can acknowledge that in five or ten years, development is going to be very Peachtree-centric in Midtown and we can plan for that sort of thing. At some other point in the future, the situation with fossil fuels is going to change and economic realities will move the world toward local food production as opposed to the ridiculous system we have now. In that case, these parking decks that blight the neighborhoods today will be ready made vertical farms. The stuff you can do raising fish in the water of your hydroponic agriculture systems is really amazing. I look forward to seeing urban communities embracing local food.

[bigstick]

Originally Posted by ChadK

Maybe Selig can make a deal to buy and develop the lot at 10th and Peachtree too since Dewberry doesn't think the "market is right" yet.

I am really sick of this guy. I have met him and he is full of himself.

[Tuckerman]

Originally Posted by sevensixtwo

I agree that is very interesting. I will be glad to see that Starbuck's razed to the ground though

You know the rule: "It is illegal to have a Starbucks franchise inside a Starbucks franchise."

[briantech]

I heard from someone working on the project that Ponce City Market is NOT going to have condominiums now -- only leasable rental apartments.

Which blows. I would have loved to have owned in there.

[atlantaguy]

Originally Posted by briantech

I heard from someone working on the project that Ponce City Market is NOT going to have condominiums now -- only leasable rental apartments.

Which blows. I would have loved to have owned in there.

It's true, but no worries. In keeping with the current state of the market, Jamestown is building top of the line luxury rentals that could be converted to condos at a later date.

http://atlanta.curbed.com/archives/2013/01/16/condos-a-nogo-for-ponce-city-market.php

[Hot_Pepper]

Silver Grill has been razed and is all gone. How sad. good memories there.

[bryantm3]

Originally Posted by Hot_Pepper

Silver Grill has been razed and is all gone. How sad. good memories there.

yep. a sad ending to a great place. it's been closed for two years at least. the building is kind of crappy, or it least it has been as long as i can remember. i wonder if renovation would make it nice again, or if it would just be a better idea to build a streetfront building that abuts sig samuel's?

[Tuckerman]

Originally Posted by bryantm3

yep. a sad ending to a great place. it's been closed for two years at least. the building is kind of crappy, or it least it has been as long as i can remember. i wonder if renovation would make it nice again, or if it would just be a better idea to build a streetfront building that abuts sig samuel's?

Actually - the less of this kind of ugly architecture the better - only a parking lot is worse

[micropundit]

A look at three apartment developments on the westside along with additional construction coming to the area of the already heavily traversed Howell Mill Road.


Last Fall, Walton Communities broke ground on a 4-story, 250-unit apartment project at the intersection of Huff Road and Foster Street across the street from the Goat Farm Arts Center and behind the Westside Provisions District. In the background is a crane being used to build a nearby 7-story building with 197 apartments and 11,000 square feet of retail space





Near the Howell Mill/14th Street intersection, construction crews began work in last Fall on the Elan Westside Apartments project

[shivtim]

Construction on 77 12th (apartment tower) with Skyhouse visible in the background

Photo from 77 12th's facebook page.

[testarossa50]

The parking garage is surprisingly large. On the Crescent St side it really isn't that noticeable.

Maybe Novare can take some notes?

[matt_H]

"The deal to sell Dante's to Atlantic Realty Partners is on hold, and Stephensen is no longer under contract with them. The restaurant won't be closing on March 31st, and he hopes to find a buyer that may not want to immediately develop the land and let him pay rent so as to keep the restaurant open for potentially another 10 years." (story)

This also means that those proposed high-rise luxury apartments likely won't be built.


(NO GO)

[bryantm3]

Originally Posted by matt_H

"The deal to sell Dante's to Atlantic Realty Partners is on hold, and Stephensen is no longer under contract with them. The restaurant won't be closing on March 31st, and he hopes to find a buyer that may not want to immediately develop the land and let him pay rent so as to keep the restaurant open for potentially another 10 years." (story)

This also means that those proposed high-rise luxury apartments likely won't be built.


(NO GO)

fine with me. those apartments weren't worth tearing anything down for, let alone danté's. if they want to fill in the gaps with skycrapers that have ground level retail and office and residential above, that's one thing, but in a central business district like buckhead, eight stories is like... why even bother?