ATLANTA | Development Thread V - Page 618

atlantaguy · #**12341** Posted **Dec 12, 2014, 7:35 PM**

Quote:

Originally Posted by GeorgiaPeanuts

Maybe they should update their website; That is the image it painted for me. Part of the character of a place is that everything isn't a perfect little bubble.

But if I am wrong, where are all the non-rich people living? Like the Serenbe Farms restaurant, do they pay the waiters much higher wage so that they can live within Serenbe? How can it really be sustainable if the low wage workers must commute from outside of Serenbe. And why don't they even bother to throw in a token black, or Indian, or any other race on their website photos.

It seems just as fake to me as Truman Show or Ave Maria, Florida.

Why don't you drive down there, check it out for yourself and interview the residents and workers? Do a racial count of the folks you see, and ask them about their salaries.

Serenbe is a total jewel, whether it meets your racial breakdown or not. I suppose you would prefer more soulless, mindless, clear-cut suburban crap had been built there instead.

RocketSurgeon · #**12342** Posted **Dec 12, 2014, 8:55 PM**

Quote:

Originally Posted by GeorgiaPeanuts

Picture from Fuqua for Northside+17th, doesn't show much

A site plan has been floating around that shows a lot more.

That one is from http://clatl.com/freshloaf/archives/2014...tic-station-hello-fuquas-new-development

arjay57 · #**12343** Posted **Dec 13, 2014, 2:08 PM**

Quote:

Originally Posted by testarossa50

But if Buckhead wants to make this extensive growth (3 recently completed towers and 3 new proposed ones in a 2 block radius, by my count, plus a bunch of midrise stuff) function as more than a high-rise-lined traffic bottleneck and instead be a cohesive district, walkability needs to be improved big time. It's miles behind Midtown.

If I'm not mistaken all this stuff will have to comply with the SPI-9 guidelines, which should help a lot with walkability. It would be nice if they can bring in the west side of Roswell road.

ATLcubs · #**12344** Posted **Dec 13, 2014, 8:56 PM**

Are 1125 and 1138 Peachtree still even possibilities?

thepope117 · #**12345** Posted **Dec 13, 2014, 9:09 PM**

Quote:

Originally Posted by ATLcubs

Are 1125 and 1138 Peachtree still even possibilities?

1125 will probably be a while but its part of 12th and midtown so its probably going to happen 1138 "yoo on peachtree" is doubtful at best that developer has a long history of proposed buildings that never get funding.

ATLcubs · #**12346** Posted **Dec 13, 2014, 9:13 PM**

Quote:

Originally Posted by thepope117

1125 will probably be a while but its part of 12th and midtown so its probably going to happen 1138 "yoo on peachtree" is doubtful at best that developer has a long history of proposed buildings that never get funding.

Alright thanks, it seems like it's been dead silent on both for almost a year now

ATLcubs · #**12347** Posted **Dec 14, 2014, 2:32 AM**

Didn't someone say something about Mayor Kasim Reed making an announcement or something about Underground Atlanta before Dec. 1st? Did that announcement happen?

thepope117 · #**12348** Posted **Dec 14, 2014, 3:22 AM**

Quote:

Originally Posted by ATLcubs

Didn't someone say something about Mayor Kasim Reed making an announcement or something about Underground Atlanta before Dec. 1st? Did that announcement happen?

Not yet but the potential project budget has inflated.

ATLSkyPalaceOwner · #**12349** Posted **Dec 14, 2014, 5:45 AM**

According to the barista at the 7th and Peachtree Starbucks, they will be not moving into Viewpoint this year. Looks like we have a bit of a wait ...

RocketSurgeon · #**12350** Posted **Dec 14, 2014, 2:47 PM**

Quote:

Originally Posted by ATLSkyPalaceOwner

According to the barista at the 7th and Peachtree Starbucks, they will be not moving into Viewpoint this year. Looks like we have a bit of a wait ...

That and One Museum Place are in my "believe it when I see it" bucket. Other than the Atlantic, condo projects just can't seem to get going right now.

RocketSurgeon · #**12351** Posted **Dec 14, 2014, 7:34 PM**

Aspire Waterworks:

Heights at West Midtown:

NickH · #**12352** Posted **Dec 14, 2014, 7:50 PM**

Quote:

Originally Posted by ATLSkyPalaceOwner

According to the barista at the 7th and Peachtree Starbucks, they will be not moving into Viewpoint this year. Looks like we have a bit of a wait ...

Starbucks is moving even if they don't build the condos, which I feel pretty confident is going to happen. Starbucks is just waiting on final touches/issues to be resolved with the new space in Viewpoint.

Happy Holiday's all.

thepope117 · #**12353** Posted **Dec 15, 2014, 12:56 AM**

Quote:

Originally Posted by NickH

Starbucks is moving even if they don't build the condos, which I feel pretty confident is going to happen. Starbucks is just waiting on final touches/issues to be resolved with the new space in Viewpoint.

Happy Holiday's all.

with most of the units sold i don't see them not going forward with 7th

Verge · #**12354** Posted **Dec 15, 2014, 4:31 PM**

Quote:

Originally Posted by RocketSurgeon

That and One Museum Place are in my "believe it when I see it" bucket. Other than the Atlantic, condo projects just can't seem to get going right now.

We are hearing that lenders are increasingly interested in condos-- a sea-change from just a few months ago--

arjay57 · #**12355** Posted **Dec 15, 2014, 5:01 PM**

Quote:

Originally Posted by Verge

We are hearing that lenders are increasingly interested in condos-- a sea-change from just a few months ago--

I am glad to hear that. Wonder if any of the recently built or about to be built apartment complexes will go condo?

bigstick · #**12356** Posted **Dec 16, 2014, 1:12 PM**

Is anyone hearing anything more about 98 14th Street?

Thanks

shivtim · #**12357** Posted **Dec 16, 2014, 1:24 PM**

Crane is up at 780 Peachtree (5th and Peachtree) Apartments.

AtlantaMustang · #**12358** Posted **Dec 16, 2014, 2:02 PM**

Quote:

Originally Posted by shivtim

Crane is up at 780 Peachtree (5th and Peachtree) Apartments.

And one is on its way up at 33 Peachtree Place.

ATLcubs · #**12359** Posted **Dec 16, 2014, 7:22 PM**

Good to see/hear that the cranes are up and the projects are moving!

micropundit · #**12360** Posted **Dec 16, 2014, 7:36 PM**

The AJC is reporting that Mayor Kasim Reed will announce Wednesday morning that WRS Inc. Real Estate, a development firm based out of Mount Pleasant, S.C., is under contract to purchase Underground Atlanta. President and CEO Scott Smith told the paper that he hopes to close on a deal sometime next year and start with construction on a mixed-used development with a grocery store and apartments no later than 2016. WRS is under contract to purchase the nearly 12-acre property for $25.75 million, and plans to convert the multi-tiered subterranean shopping complex into mixed-use development with a grocery store and above-ground apartments.

Scott Smith, President and CEO of Mount Pleasant-based WRS Inc. Real Estate, has confirmed to The AJC that he expects to close on the deal in mid-2015 with hopes to begin construction by 2016 at the latest.

http://www.ajc.com/news/news/breaking-news/underground-atlanta-under-contract-with-new-owner/njTGS/