ATLANTA | Development Thread V - Page 419

trainiac · #**8361** Posted **Sep 7, 2013, 11:11 PM**

Quote:

Originally Posted by jnihiser

I think this is the site of the new Delia's Chicken Stand:

Correct. The rendering I saw looked really cool

bryantm3 · #**8362** Posted **Sep 8, 2013, 6:18 AM**

Quote:

Originally Posted by pawelra

I bet next year Novare will "cook" another Skyhouse but this time for downtown.

i really hope so. it would be a nice way to fill up some of the parking deck laden blocks in fairlie poplar with a real use. however, the parking deck on any new structure built in fairlie-poplar is going to have to be a damn sight better than what they've done in midtown.

atlantaguy · #**8363** Posted **Sep 9, 2013, 1:05 AM**

Quote:

Originally Posted by bryantm3

i really hope so. it would be a nice way to fill up some of the parking deck laden blocks in fairlie poplar with a real use. however, the parking deck on any new structure built in fairlie-poplar is going to have to be a damn sight better than what they've done in midtown.

I would love to see them do something in Fairlie-Poplar, but I wouldn't hold my breath.

They would probably have to tweak their formulaic design aesthetic to start with, and as you said their attached parking decks would never fly there. They would either have to go underground with parking, or figure out a way to share the old Macy's garage. Either way, it would certainly destroy their cost point. Fairlie-Poplar and the City would go absolutely batshit crazy with one of their adjoining decks, as they should.

arjay57 · #**8364** Posted **Sep 9, 2013, 1:05 AM**

Quote:

Originally Posted by atlantaguy

Exactly. It would have to be 2-3 levels AND have underground parking. I can't see them willing to foot the bill for that.

It's conceivable, however.

That's about a 4 acre site, so they could easily have two 70,000 sf retail floors with parking underneath. Since it's a substantial grade they'd likely have to carve into the hillside anyway.

Ideally they should redevelop the whole block.

arjay57 · #**8365** Posted **Sep 9, 2013, 1:12 AM**

Let's not forget that Regent Partners recently bought the 50 Allen Plaza site. I wouldn't be shocked to see them do something major there.

http://www.bizjournals.com/atlanta/print...rtners-buys-50-allen-plaza.html?page=all

atlantaguy · #**8366** Posted **Sep 9, 2013, 1:46 AM**

Quote:

Originally Posted by arjay57

It's conceivable, however.

That's about a 4 acre site, so they could easily have two 70,000 sf retail floors with parking underneath. Since it's a substantial grade they'd likely have to carve into the hillside anyway.

Ideally they should redevelop the whole block.

This is exactly what they would have to do, arjay. We all know they can afford to go this route, but can you really see them laying out this kind of $$$?

I guess stranger things have happened.

atlantaguy · #**8367** Posted **Sep 9, 2013, 1:48 AM**

Quote:

Originally Posted by arjay57

Let's not forget that Regent Partners recently bought the 50 Allen Plaza site. I wouldn't be shocked to see them do something major there.

http://www.bizjournals.com/atlanta/print...rtners-buys-50-allen-plaza.html?page=all

Regent is backed by very deep German money. If anyone can pull off something grand here, they certainly can - and without any outside financing at all!

Their amazing success with 3344 Peachtree/The Sovereign shows what they are capable of.

Newnan_Eric · #**8368** Posted **Sep 9, 2013, 2:44 PM**

Quote:

Originally Posted by atlantaguy

Regent is backed by very deep German money. If anyone can pull off something grand here, they certainly can - and without any outside financing at all!

Their amazing success with 3344 Peachtree/The Sovereign shows what they are capable of.

That may be, but that plot is destined to be a trophy office tower someday. I just don't think we've seen absorbtion rates get to the point that anyone would take the risk yet. You'd need to land a big tenant, one that wants their name on the building. I'm not sure anyone that big is shopping leases right now.

In re-reading the article, I didn't realize that Post controls THREE plots in the area. The ones West, SW, and South of 50 Allen Plaza. Hopefully they'll do someting soon. All those surface lots are a huge hole in that part of downtown.

Newnan_Eric · #**8369** Posted **Sep 9, 2013, 2:47 PM**

Also, while we're talking about downtown...

With the Homewood Suites on Marietta, the CFHoF, and the Hyatt House at Ivan Allen; how long until the gypsy lots and rattle trap buildings on Marietta between Baker and Ivan Allen get re-done?

boomtown · #**8370** Posted **Sep 9, 2013, 3:07 PM**

Quote:

Originally Posted by jpk1292000

It sure is, and I have a feeling more big announcements are coming. Even with what's already in the pipeline, the city skyline is going to be quite busy with cranes come next summer! Things are starting to cook in ATL!

I have seen a rendering of another "attraction" coming to downtown COP area- and its damn cool.....not a tower, but will yet again increase the critical mass.

jpk1292000 · #**8371** Posted **Sep 9, 2013, 4:12 PM**

Quote:

Originally Posted by boomtown

I have seen a rendering of another "attraction" coming to downtown COP area- and its damn cool.....not a tower, but will yet again increase the critical mass.

???????

arjay57 · #**8372** Posted **Sep 9, 2013, 5:13 PM**

Quote:

Originally Posted by Newnan_Eric

That may be, but that plot is destined to be a trophy office tower someday. I just don't think we've seen absorbtion rates get to the point that anyone would take the risk yet. You'd need to land a big tenant, one that wants their name on the building. I'm not sure anyone that big is shopping leases right now.

Wonder if any of the big law firms in Midtown would consider moving back downtown? If I recall the ones in Buckhead have recently re-upped their leases so they are probably not candidates.

Alfred E Neuman · #**8373** Posted **Sep 9, 2013, 5:42 PM**

[QUOTE=Newnan_Eric;6259926]That may be, but that plot is destined to be a trophy office tower someday. I just don't think we've seen absorbtion rates get to the point that anyone would take the risk yet. You'd need to land a big tenant, one that wants their name on the building. I'm not sure anyone that big is shopping leases right now.

Pan Am was a great trophy tower in NYC. Why not Delta?

ChrisInmanPark · #**8374** Posted **Sep 9, 2013, 6:34 PM**

Anybody know the latest on the Georgia 400 Path trail? Construction was scheduled to start this month, but I have not seen any construction or heard anything recently.

http://www.reporternewspapers.net/2012/03/08/map-timeline-for-ga-400-trail-released/

SwimAtl · #**8375** Posted **Sep 9, 2013, 7:19 PM**

Quote:

Originally Posted by boomtown

I have seen a rendering of another "attraction" coming to downtown COP area- and its damn cool.....not a tower, but will yet again increase the critical mass.

too early to post the rendering??

joecool · #**8376** Posted **Sep 9, 2013, 7:35 PM**

Quote:

Originally Posted by boomtown

I have seen a rendering of another "attraction" coming to downtown COP area- and its damn cool.....not a tower, but will yet again increase the critical mass.

Tease!!!

briantech · #**8377** Posted **Sep 9, 2013, 8:03 PM**

Maybe its a giant horsey carousel

Alfred E Neuman · #**8378** Posted **Sep 9, 2013, 8:33 PM**

Quote:

Originally Posted by briantech

Maybe its a giant horsey carousel

1000 Horse Carousel in place of Ga Dome

Newnan_Eric · #**8379** Posted **Sep 9, 2013, 10:34 PM**

[QUOTE=Alfred E Neuman;6260183]

Quote:

Originally Posted by Newnan_Eric

That may be, but that plot is destined to be a trophy office tower someday. I just don't think we've seen absorbtion rates get to the point that anyone would take the risk yet. You'd need to land a big tenant, one that wants their name on the building. I'm not sure anyone that big is shopping leases right now.

Pan Am was a great trophy tower in NYC. Why not Delta?

Delta has their compound down by the airport. No need to move to a trophy tower. It's too expensive and further away from their core business. Sorry folks, that one's not going to happen.

jpk1292000 · #**8380** Posted **Sep 9, 2013, 10:56 PM**

Quote:

Originally Posted by alfred e neuman

1000 horse carousel in place of ga dome

lol!