ATLANTA | Development Thread V

[bfarley30]

Originally Posted by briantech

Anyone know what project this construction site is?



Cause if its residential... It should end up being literally on the beltline...

I think this is the Piedmont Park extension

[gt7348b]

Is anyone else planning on going to the MARTA Development Day event as noted on the Atlanta Regional Commission's Transportation Spotlight blog:

Development Day

[patrick84]

The construction is for the continuing expansion of Piedmont... available here on their website:

http://piedmontpark.org/restoration/MASTER_PLAN_122010v2.pdf

[Orlando]

Originally Posted by shivtim

.

Now please stop coming into the Atlanta forums and starting off-topic rants. This is the construction thread, for talk about new construction, not righteous condemnation of things you think are "seedy."

I understand how this topic can quickly stray from the the thread of development, but, it is not off-topic just yet. It is dealing with the development of Tech Square and the development of that area of midtown. Why can't you discuss something like "does the Cheetah club harm or not harm future development in that area?"? Anyways, I don't want to create a big argument here. I am always interested in seeing Atlanta develop, especially in the midtown and downtown areas.

[atlwarrior]

Originally Posted by Orlando

I understand how this topic can quickly stray from the the thread of development, but, it is not off-topic just yet. It is dealing with the development of Tech Square and the development of that area of midtown. Why can't you discuss something like "does the Cheetah club harm or not harm future development in that area?"? Anyways, I don't want to create a big argument here. I am always interested in seeing Atlanta develop, especially in the midtown and downtown areas.

Those who are the deep financial pockets in the development could be customers of Cheetah. Look at Flex the sex club by Arby's in Midtown have not stop development.

[shivtim]

Originally Posted by Orlando

Why can't you discuss something like "does the Cheetah club harm or not harm future development in that area?"?

Sorry, I didn't mean to sound rude. Just pointing out this forum:
http://forum.skyscraperpage.com/forumdisplay.php?forumid=330

Several threads there to discuss particulars of future development.

[Immovable_Media]

Tech entrepreneur acquires Buckhead’s Ivy Place for $12.5M

An excerpt from ABC: http://www.bizjournals.com/atlanta/print...ech-entrepreneur-acquires-buckheads.html

Plans to convert Ivy Place into a flexible workspace for technology and tech-related companies.

Atlanta techpreneur David Cummings has acquired Ivy Place for $12.5 million and will convert it into a workspace for tech companies and the businesses that service them. To make it happen, Cummings will upend the traditional way office space is leased.

By creating space tailored to the needs of tech companies — flexible, open floor workspaces, exposed HVAC systems, floor-to-ceiling windows — Atlanta Tech Village could accelerate the movement of early stage tech companies from Midtown to Buckhead.

At full capacity, Atlanta Tech Village will house 75 companies, including startups, early stage tech firms and service providers, such as marketing, PR and law firms. The development will include event space for 150 people, a rooftop deck, moveable glass walls, a coffee shop and a patio.

Atlanta Tech Village is modeled on Cambridge Innovation Center, a 150,000-square-foot, flexible office space facility for small and fast-growing tech and life sciences companies that overlooks the Massachusetts Institute of Technology campus.

Cummings will invest about $5 million in upgrading the nearly three-decade-old Ivy Place. The space will be divided into individual office pods, each between 1,000 and 4,000 square feet. The pods will have moveable, large sliding glass doors that can be opened to combine pods as startups grow. The goal is to have flexible space for startups to grow from one founder to dozens of employees — with minimal effort and minimal customization, Cummings noted.

Each floor will have glass walled conference rooms and offices located around the interior core of the building. Those offices will be surrounded by open-floor work spaces with floor-to-ceiling windows.

The 93,500-square-foot building, which houses the offices of Atlanta Business Chronicle, sits at the intersection of Lenox and Piedmont roads in Atlanta’s toniest office submarket. Atlanta Business Chronicle plans to relocate in July to 3384 Peachtree Road, across from Lenox Square mall.

[micropundit]

The county and cities of Morrow and Lake City will market about 10 acres to developers. Officials want an 80-room hotel, a three-story office building with space for economic development agencies and startup companies, refurbishments to a county-owned film sound stage and about 100,000 square feet for merchants and restaurants: about $75 million in private investment. Residential space and senior living facilities could be added later.

The hope is to spur additional private development along Jonesboro Road near the more than 6,500-student university.
The county and cities of Morrow and Lake City will market about 10 acres to developers. Officials want an 80-room hotel, a three-story office building with space for economic development agencies and startup companies, refurbishments to a county-owned film sound stage and about 100,000 square feet for merchants and restaurants: about $75 million in private investment. Residential space and senior living facilities could be added later.

The hope is to spur additional private development along Jonesboro Road near the more than 6,500-student university.
http://www.ajc.com/news/business/new-life-for-big-development-at-clayton-state/nWTGC/

[nature's calling]

http://www.bizjournals.com/atlanta/news/2013/02/20/ernst-young-plans-it-center-400.html?page=all

Douglas Sams
Commercial Real Estate Editor-
Atlanta Business Chronicle
Email | Twitter

Big Four accounting firm Ernst & Young will open an $8.5 million global IT center in Alpharetta, adding up to 400 jobs over the next five years.

Ernst & Young plans to build the center through a combination of new hires and job relocations, staffing it with project managers, business analysts, software architects and developers, along with other support positions. The company will house the center in a suburban development known as Sanctuary Park, about 25 miles north of Atlanta in the booming technology market of Alpharetta. Sanctuary Park is one of the few gated suburban office parks in metro Atlanta, and Ernst & Young focused on the location because of its security.

Alpharetta is also one of the South’s technology hubs, drawing the likes of Verizon Wireless, Royal Philips Electronics’ health-care products business and Microsoft (NASDAQ: MSFT). They form a more than decade-long lineage of companies that began with AT&T (NYSE: T) and Alcatel-Lucent (NYSE: ALU), forerunners of north Fulton’s tech market that took shape in the ’90s.

Ernst & Young’s announcement comes on the heels of other recent expansions and relocations of high-tech companies, including General Motors. In January, the company known best as the world’s largest automaker invested $26 million in a technology development center it will put in Roswell, just south of Alpharetta also along the Georgia 400 corridor. GM’s operation will employ about 1,000 IT workers.

Georgia’s talent, affordability and willingness to embrace and support cutting-edge innovation have drawn “quite a wave of technology-focused investment lately,” Gov. Nathan Deal said in a press release announcing the Ernst & Young expansion.

“When a company with the highly recognizable brand that EY carries chooses Georgia for its expansion, it’s a powerful statement,” Deal said.

Georgia has become a hub for shared services and information technology in the last few years.

GE Energy, ThyssenKrupp, NCR Corp. (NYSE: NCR), Novelis, and CBS (NYSE: CBS) have located or expanded operations within the sector since 2010. In recent months, metro Atlanta’s job growth is getting a boost from State Farm, which is consolidating hundreds of employees into office buildings along the Perimeter.

But, the tech sector is driving the region’s improving job growth through the expansion of local companies, said Melanie Brandt is the Chief Operating Officer for the Technology Association of Georgia. Mobile software firm AirWatch LLC is one example.
“The tech industry has not been hit as hard as some other metro Atlanta industries, and it’s certainly leading the economic recovery in Georgia,” Brandt said.

Ernst & Young is leasing about 25,000 square feet initially in Sanctuary Park’s Lakeview I building.

Jeff Bellamy and Adam Viente of Jones Lang LaSalle Inc. represented Sanctuary Park ownership, JP Morgan, in lease negotiations. Glenn Dyke and Kristin Olson of CBRE Inc. represented Ernst & Young.

More broadly, leasing activity within the technology sector is helping turn around a metro Atlanta office market, especially in the business districts along Georgia 400.
The office markets in Sandy Springs, Dunwoody and Brookhaven, generally known as the Central Perimeter, accounted for more than 1 million square feet in office space absorbed last year.

Douglas Sams covers Commercial Real Estate
Related links: Accounting & Consulting
Industries: Technology

[ATLksuGUY]

Anyone see this? Old news or new?

Crocker Partners LLC filed plans Feb. 18 with the state to develop two Buckhead apartment towers.

The Boca-Raton, Fla. based company submitted its proposal for two new buildings — housing 703 apartment units — to the Georgia Department of Community Affairs. The project is large enough to qualify as a development of regional impact, or DRI. It would take shape next to Crocker Partners’ Prominence office tower at Piedmont Road, The Buckhead Loop and Georgia 400.

Forgive me if it's old news.

If not, then



http://www.bizjournals.com/atlanta/real_...3-02-20&u=TVWTIeYe7XghTBnB/zOnHA0ef6e7c6

[SAV]

Does anybody know what is going on with the civil rights museum. I thought they were suppose to start on it months ago.

[jpk1292000]

Originally Posted by SAV

Does anybody know what is going on with the civil rights museum. I thought they were suppose to start on it months ago.

This article in CL last month says that cranes are to go up on the site this month, but I haven't been by there recently to know if this is happening or not

http://clatl.com/freshloaf/archives/2013...-human-rights-to-start-construction-soon

[Slog]

Originally Posted by SAV

Does anybody know what is going on with the civil rights museum. I thought they were suppose to start on it months ago.

Russell/Holder/Moody are for sure breaking ground on March 4th.

They are compiling subcontractors bid prices and ready to start.

[micropundit]

By now, most people know about Jamestown Properties' plans to transform City Hall East into Ponce City Market, a humongous playground of restaurants, retail, and apartments along the Atlanta Beltline. What's less known, however, is some of the other plans for the property, including a possible 16-story tower along North Avenue that would hug the Beltline's Eastside Trail.Jamestown, the development firm that created Manhattan's Chelsea Market and the Westside's White Provisions District, submitted amended plans to the city in December that include a podium on the property's southeast corner where the Beltline crosses North Avenue. That structure could one day serve as the base of a tower as high as 16 stories, which is allowed under zoning. In addition, future plans call for streetfront retail along North Avenue next to the Beltline.
Jamestown spokeswoman tells us work crews are building the tower podium now so as to prevent any disruption once PCM opens in 2014. Higher up on the list of immediate concerns should be traffic moving into and out of the mega complex.We'd heard from little birdies that land on our windowsill that the tower proposal became more enticing after plans to convert an old boiler room building in the southeast corner of the property hit a snag. A Jamestown spokeswoman, however, says the developer is still considering a brewery on the property


http://clatl.com/freshloaf/archives/2013...lude-new-16-story-tower-hugging-beltline

[bigstick]

It should be recognized that in the period since the Olympics in the mid-90's, Atlanta has made huge strides in urban development in several areas and has become something of a model for Sunbelt city urbanization. The 80,000-seat Olympic Stadium where Muhammad Ali lighted the caldron to open the Games was reconfigured as a 50,000-seat ballpark for the Braves. Dorms built for athletes were later converted into housing for Georgia State University students. Centennial Olympic Park was carved out of 21 acres of abandoned blight downtown and begat projects later on, too, like the Georgia Aquarium, the new World of Coca Cola and a surge of condo and office building. The city is the first in the nation to essentially raze all of its public housing projects and erect more mixed-use developments in their place. The mixed-use, New Urbanist Atlantic Station development replaced a large brownfield site in Midtown in 2005 and received the EPA's 2004 Phoenix Award as the Best National Brownfield Redevelopment as well as the Sierra Club's 2005 America's Best New Development Projects listing. In 2000, MARTA opened two new rail stations – Sandy Springs and North Springs – on the North Line. The 47-acre Lindbergh City Center, a TOD centered around the Lindbergh MARTA station, opened in 2002. The 28-acre New Urbanist Glenwood Park development opened in 2005 on a former industrial site two miles east of downtown and received a Charter Award from the Congress for the New Urbanism in that same year. The 2.7 mile, 12-station streetcar line that will run from Centennial Olympic Park to the Martin Luther King Jr. National Historic Site on Auburn Avenue is currently under construction. The Beltline project, which will be a 22-mile public transit, trails, and parks loop around the heart of the city of Atlanta on the site of an abandoned rail and industrial corridor, is a long-range project that has already spawned infrastructure improvements, a new signature park in Fourth Ward, and its first completed trail. Ponce City Market, the largest adaptive reuse project in Atlanta's history, will restore 1.1 million square feet of the massive historic Sears, Roebuck & Company building adjacent to the BeltLine in the historic Old Fourth Ward neighborhood; it will consist of 300,000 square feet of retail and restaurants, 450,000 square feet of office space, and 260 residential units. It will be about twice as large as Chelsea Market in NYC and is scheduled to open next year. Also, historic urban neighborhood villages like Castleberry Hill, Virginia-Highland, and East Atlanta Village have experienced considerable investment and have become popular regional destinations since the early 90's.

So while it's definitely true that Atlanta has some of the worst sprawl in the Sunbelt, it should also be recognized that it also has some of the best urban redevelopment in the Sunbelt also. And in the USA in general as well, very few cities are doing what ATL is doing currently............

[johnandahalf]

Originally Posted by ChadK

Small project, but a positive impact on the ponce de leon / monroe area of midtown. http://midtown.patch.com/articles/ponce-property

Too bad it's across the street from Crackhouse Place and Crack-ho Bell. The apartments on the south side of Ponce between Parkway and Monroe NEED TO BE vacated, decontaminated, and incinerated.

[Frankster87]

Originally Posted by bigstick

So while it's definitely true that Atlanta has some of the worst sprawl in the Sunbelt, it should also be recognized that it also has some of the best urban redevelopment in the Sunbelt also.

Well said, Bigstick. This list will only continue to grow.

[johnandahalf]

Originally Posted by SteveD

Hallelujah.

A poorly crafted "construction moratorium" was incorrectly applied to this parcel and East Atlanta Village, and had threatened to derail this project. The "construction moratorium" (two words that make me shudder) expired at the end of last year and we are lucky the developer hung around long enough to keep the project alive. EAV is badly in need of this residential infusion and perhaps it will jump start some other sorely needed redevelopment throughout East Atlanta.

Absolutely! This is a block from my house, and I've often worried that transients would burn the place down (despite being across from our brand new fire station).

[boomtown]

Originally Posted by micropundit

By now, most people know about Jamestown Properties' plans to transform City Hall East into Ponce City Market, a humongous playground of restaurants, retail, and apartments along the Atlanta Beltline. What's less known, however, is some of the other plans for the property, including a possible 16-story tower along North Avenue that would hug the Beltline's Eastside Trail....

Wow....great post. Thanks for sharing.
The geometry at the base is reminiscent of the Standard Hotel in NYC. I wonder if the same activities will cause people to gather on the Beltline nearby at night as they do on the Highline?...lol.

[johnandahalf]

Originally Posted by micropundit

Carter, the Atlanta-based real estate developer that's made aggressive moves for big intown development projects in recent years, has been given a seat at the table to negotiate for two pieces of property near Atlantic Station that could feature an Amtrak and Greyhound station. The adjoining parcels, one of which is owned by the State Road and Tollway Authority(SRTA), located at Northside Drive and 17th Street could also play a key role in the development of Atlanta's Westside neighborhood.
According to a document posted to SRTA's website, Carter has been notified that it made the best offer on the land. The firm, the state, and the owner of the adjoining property will now sit down to negotiate a final sale.
Carter is in the process of securing leases with Amtrak and Greyhound, which means the area could serve a role as a major transportation hub in the city

http://clatl.com/freshloaf/archives/2013...amtrak-greyhound-stations#readerComments

HORRIBLE idea! I work in the little yellow L-shaped building at 17th & Bishop directly adjacent to this parcel (lower left of photo). A transit hub? REALLY? Keep the transit stuff in the gulch with the MMPT, and put something decent here. An apartment building with ground-level retail, similar to Tenside, would be a better fit IMO. Besides, it's not like it's "just" an empty lot. There's a soundstage just on the other side of us, and about once every month or so, the entire lot gets filled with hospitality tents, "star" trailers, cast/crew parking, etc. It's kind of exciting seeing all the movie activity right outside our door.