Atlanta Project Thread IV

[shivtim]

Trammell Crow affiliate aims to redevelop languishing Midtown site

An affiliate of Dallas-based Trammell Crow Co., a subsidiary of CBRE Group Inc., has an agreement to buy the 4-acre site at 98 14th Street, according to multiple sources with knowledge of the deal. The property, known for the failed “Opus Place” development, was foreclosed upon last year.

High Street Residential, a division of Trammell Crow, may pursue a multifamily project, one of the sources said.

[Sojourner_Terminus]

Originally Posted by shivtim

Trammell Crow affiliate aims to redevelop languishing Midtown site

An affiliate of Dallas-based Trammell Crow Co., a subsidiary of CBRE Group Inc., has an agreement to buy the 4-acre site at 98 14th Street, according to multiple sources with knowledge of the deal. The property, known for the failed “Opus Place” development, was foreclosed upon last year.

High Street Residential, a division of Trammell Crow, may pursue a multifamily project, one of the sources said.

Here we go again.

[GeorgiaPeanuts]

Praying it isn't another cheap looking Alexan building

[Labtec]

Originally Posted by GeorgiaPeanuts

Praying it isn't another cheap looking Alexan building

According to the article, it appears it will be several smaller buildings instead of one big one.

[ATL Champion]

Reputable company... but judging by their portfolio it's not likely we will get anything of significant height (IMO). I would loved to be surprised.

[MarketsWork]

Originally Posted by ATL Champion

Reputable company... but judging by their portfolio it's not likely we will get anything of significant height (IMO). I would loved to be surprised.

That's what I thought until I dug through Trammell Crow's portfolio. They've built some tall projects in Texas that I wouldn't mind seeing in Atlanta. You can look up these examples:
Parkside Residences (Houston) - 43 floors
Northshore Tower (Austin) - 38 floors
Austin Proper Hotel & Residences (Austin) - 32 floors
Indeed Tower (Austin) - 36 floors
601 West 2nd Street (Austin) - 35 floors

The last one (601 W. 2nd St) houses Google's offices and its sail shape looks like a shorter version of Dubai's Burj Al Arab. A similar design might be too much for us to hope for in this case, but Trammel Crow has done some great things.

[shivtim]

The tallest one Parkside Residences, is unhinged at street level. That wouldn't be allowed here due to city ordinances and Midtown Alliance, but wild that Houston let a big new residential building in the heart of the city fail to address the street like that, especially right along the light rail line. It's giving 1970s downtown Atlanta.

[numacs]

Originally Posted by shivtim

Trammell Crow affiliate aims to redevelop languishing Midtown site

An affiliate of Dallas-based Trammell Crow Co., a subsidiary of CBRE Group Inc., has an agreement to buy the 4-acre site at 98 14th Street, according to multiple sources with knowledge of the deal. The property, known for the failed “Opus Place” development, was foreclosed upon last year.

High Street Residential, a division of Trammell Crow, may pursue a multifamily project, one of the sources said.

Here is High Street Residential's portfolio of multi-family projects... https://www.highstreetresidential.co...berOfResults=9

[ATL Champion]

Originally Posted by MarketsWork

That's what I thought until I dug through Trammell Crow's portfolio. They've built some tall projects in Texas that I wouldn't mind seeing in Atlanta. You can look up these examples:
Parkside Residences (Houston) - 43 floors
Northshore Tower (Austin) - 38 floors
Austin Proper Hotel & Residences (Austin) - 32 floors
Indeed Tower (Austin) - 36 floors
601 West 2nd Street (Austin) - 35 floors

The last one (601 W. 2nd St) houses Google's offices and its sail shape looks like a shorter version of Dubai's Burj Al Arab. A similar design might be too much for us to hope for in this case, but Trammel Crow has done some great things.

Quite a few towers that are residential and currently under construction in midtown are in the 30-38 stories range and is within the midtown table top. If we get towers in that range they will not be of significant height (which I would define as 600ft+).

[newuserbuckhead]

Originally Posted by GeorgiaPeanuts

Praying it isn't another cheap looking Alexan building

Alexan is built by Trammell Crow Residential, not Trammell Crow Company. They're different companies but both came from the same parent company decades ago. This site is rumored to be purchased the later, not the former. So expect a different product. TCC is building science square with GaTech.

[Julien]

Originally Posted by Sojourner_Terminus

Here we go again.

So can we open the closed Opus thread now? I'll run by and check to see how well they are maintaining the pool. You can always tell a companies's intent by how well they upkeep the pool.

[smArTaLlone]

https://www.bisnow.com/atlanta/news/...owntown-123949

After some design tweaks, an Atlanta developer is readying plans to go vertical on a new Moxy by Marriott hotel in Downtown Atlanta.

Nexera Capital, in a joint venture with Emerge Hospitality Group, expects to secure construction financing in June to break ground this summer on a 183-room Moxy hotel off Marietta Street, next to Centennial Olympic Park, founder and CEO Pete Patel told Bisnow.

Once closed, the financing would enable Nexera and Emerge to begin construction in July, with delivery expected in time for the eight Atlanta matches scheduled for the FIFA World Cup 2026, Patel said.

[testarossa50]

Originally Posted by smArTaLlone

https://www.bisnow.com/atlanta/news/...owntown-123949

Rooftop bar seems not well thought out.

The bar looks south (over GWCC to MB Stadium and the new Signia), which is fine, but the terrace isn't quite high enough to see over the Hilton Garden Inn, so instead of a view of downtown, you'll see a bunch of mechanical equipment and walls.

It looks like they ARE high enough to see over the Hyatt Place and the best view, towards Midtown, but it looks like the bar isn't oriented in that direction.

Seems like a missed opportunity for a really perfect rooftop bar, if it were 15 higher and oriented to the northeast.

[shivtim]

This article is mostly about Beltline rail, but there was an interesting tidbit about density in the next phase of "The Works" development on the Westside:


Selig Enterprises Senior Vice President Malloy Peterson said her firm is in the planning process for a second phase of The Works, its 80-acre adaptive reuse project in Midtown’s Upper Westside along Chattahoochee Avenue.
While the first phase largely consisted of converting the low-slung industrial properties into retail and food and beverage concepts, Peterson said the second phase, which is on 63 acres along Logan Circle, will place more emphasis on multifamily and office.
“We’re going to look at Phase 2 differently,” she said. “It probably will have more density … just to try to get more daytime population.”

[smArTaLlone]

https://www.bizjournals.com/atlanta/...Pos=1#cxrecs_s

Another giant project is being envisioned for Downtown Atlanta, according to a newly unveiled master plan.

This week, state officials viewed plans to transform more than 20 acres of surface parking lots that line Downtown’s sprawling convention center with new housing, hotel rooms, retail space and offices. They could link a piece of the redevelopment to the Atlanta BeltLine.

The Georgia World Congress Center Authority (GWCCA) could infuse the state-owned land with more than $1 billion of new development. The goal: boost its convention business and build up Atlanta’s Westside.

The project would fill in gaps within the urban fabric. GWCCA Executive Director Frank Poe said the massive convention center along Northside Drive should no longer look like "an island unto itself but part of a larger planned development.”

Atlanta-based architecture firm HKS Inc. is leading the master plan for the GWCCA. This week it presented recommendations to one of the agency's committees.

Master plan considers sites the state already owns
The master plan looks at four development opportunities. One targets the Blue Lot, a surface parking lot along Northside Drive. Another focuses on the Yellow Lot and an adjacent marshaling yard along Ivan Allen Jr. Boulevard. The master plan also considers property next to MARTA's GWCC/CNN Center station.

GWCCA said it has not discussed funding sources or whether to bring in development partners.

[testarossa50]

More progressive than I would expect from them, although I don't like the campus-y vibe. I guess it is a campus after all.

The TOD site (04) is the most interesting to me, basically an extension of Centennial Yards. Bring it on.

[Martinman]

This is a huge surprise. I may gladly have to eat my words about the GWCC not doing residential on the campus.

[Sojourner_Terminus]

Is there any time frame for this project? I understand its just a masterplan and nothing is getting ready to start, but is GWCC just spitballing for some time in the future or what?

[Julien]

Emmi about to open.



Peachtree & 4th



Juniper St

[montydawg]

Originally Posted by Julien

Emmi about to open.

Thanks Julian for the great photos!