Is Campanile’s long-planned expansion moving forward at key Midtown intersection?
According to permitting paperwork and a well-placed source, significant retail and office changes at one of the Southeast’s most populated and pedestrian-utilized intersections could ramp up soon.
The project would add stories and expand the base of the Campanile tower at 14th and Peachtree streets to include retail. The 21-story structure, owned by Dewberry Group, stands at the key intersection’s southeast corner, just south of the Arts Center MARTA Station
Absolute zoo, not sure what I thought it was going to be, but it wasn't that. My god where did all the people come from?
The offices. I don't think people realize how many people work in those offices along & near 14th street. Glad to see people going out and highlighting that Atlanta and even Midtown is somewhat starved for more options.
The Greystar project in north Midtown looks fantastic:
The Hampton Inn at Arts Center is coming along nicely. I know everyone hates the parking but I love the height on this tiny lot, and it really benefits from the OAC park next door.
The lot where 903 Peachtree will go, along with the building to be torn down.
Juxtaposition of Old building (behind the future 903 Peachtree) and Hanover Midtown. This is what great cities are made of.
Anthem from Peachtree
Norfolk Southern & 27 floor student housing tower lots with Anthem/Coda in the background.
1105 West Peachtree progress (with city views that will soon be gone)
According to permitting paperwork and a well-placed source, significant retail and office changes at one of the Southeast’s most populated and pedestrian-utilized intersections could ramp up soon.
The 'well-placed source' would only have had to drive by and see the red X's on all the trees to know something was up.
__________________
"I hate small towns because once you've seen the cannon in the park, there's nothing else to do." Lenny Bruce
Is Campanile’s long-planned expansion moving forward at key Midtown intersection?
According to permitting paperwork and a well-placed source, significant retail and office changes at one of the Southeast’s most populated and pedestrian-utilized intersections could ramp up soon.
The project would add stories and expand the base of the Campanile tower at 14th and Peachtree streets to include retail. The 21-story structure, owned by Dewberry Group, stands at the key intersection’s southeast corner, just south of the Arts Center MARTA Station
From what was previously approved, it didn't seem like additional floors were part of the project anymore:
Final Bond Resolution for Campanile Property LLC (“Campanile”): Mr. Woody Vaughan of Holland & Knight LLP and Mr. Matt Connors of Dewberry Capital appeared in connection with the request for a final bond resolution for the issuance of $124,684,000 in revenue bonds for the renovation of the Campanile building in Midtown, Atlanta at 1155 Peachtree Street, NE. Ms. Zayac informed the Authority that the Campanile building is currently under an existing incentive. Ms. Zayac reminded the Authority that in 2013 the Authority partnered with Dewberry Capital to provide a bond for title structure with Dewberry Capital’s acquisition of the Campanile building because the property was suffering from high vacancy and a lack of rental interest in the market. Despite investing substantial funds into design, system, and building upgrades, the rental interest remained stagnant and the property is currently only 50% occupied. Dewberry Capital further expects occupancy to decrease to approximately 25% in 2020. Mr. Vaughan explained that investing an additional $88,000,000 to proceed with a major renovation and expansion of Campanile will assist Campanile in competing with other Class A buildings and attracting new tenants. More specifically, the project includes street level retail expansion, renovation of both communal and tenant spaces, and repurposing the top floor from an underutilized storage space to a premium office penthouse. The project is expected to result in approximately 1,319 new office jobs and 46 new retail jobs. Upon a motion by Mr. Turpeau, which was seconded by Dr. Jolley, the Authority unanimously approved the final bond resolution for Campanile.
So I was at the Whole Foods in Midtown today and I just so happen to look towards Atlantic Station and I see a crane, is that crane for Atlantic yards?
So I was at the Whole Foods in Midtown today and I just so happen to look towards Atlantic Station and I see a crane, is that crane for Atlantic yards?
Looks like there may be some movement on the Regent Partners office building in Buckhead. There is a boring rig in the parking lot behind the Capital City Plaza Building (3350 Peachtree).
This is most likely for geotechnical borings to complete Civil/Structural design.
Looks like there may be some movement on the Regent Partners office building in Buckhead. There is a boring rig in the parking lot behind the Capital City Plaza Building (3350 Peachtree).
This is most likely for geotechnical borings to complete Civil/Structural design.
Prev
:format(webp):no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/16008906/Cain_Hill.jpg)
Linear Mode
