ATLANTA | Development Thread V - Page 740

micropundit · #**14781** Posted **Jul 15, 2015, 5:08 PM**

Captures a contemporary view of the projects and potential of ATL's downtown:

https://vimeo.com/132249708

PremierAtlanta · #**14782** Posted **Jul 15, 2015, 5:49 PM**

Quote:

Originally Posted by micropundit

Captures a contemporary view of projects and potential of ATL's downtown:

https://vimeo.com/132249708

Oftentimes Downtown gets overlooked because it lacks the explosive growth of Midtown, Buckhead, Perimeter Center and now Cumberland. It's good to see that there are MANY positives occurring in that part of town.

scania · #**14783** Posted **Jul 15, 2015, 8:23 PM**

Quote:

Originally Posted by micropundit

Captures a contemporary view of projects and potential of ATL's downtown:

https://vimeo.com/132249708

That's a pretty cool vid.

micropundit · #**14784** Posted **Jul 15, 2015, 9:42 PM**

Cousins Properties Inc. just signed tech giant NCR Corp. to a 15-year lease at the company’s world headquarters building.Cousins (NYSE: CUZ) will develop and own the $200 million, 485,000 square foot building at 8th and Spring streets. Construction is expected to start early next year. The project could wrap up by early 2018.

http://www.bizjournals.com/atlanta/real_...ies-inks-ncr-corp-to-485-000-square.html

Triptychtwo · #**14785** Posted **Jul 15, 2015, 9:45 PM**

Quote:

Originally Posted by micropundit

Cousins Properties Inc. just signed tech giant NCR Corp. to a 15-year lease at the company’s world headquarters building.Cousins (NYSE: CUZ) will develop and own the $200 million, 485,000 square foot building at 8th and Spring streets. Construction is expected to start early next year. The project could wrap up by early 2018.

http://www.bizjournals.com/atlanta/real_...ies-inks-ncr-corp-to-485-000-square.html

"Cousins President and CEO Larry Gellerstedt called the project a cutting edge, skyline-enhancing trophy tower in Atlanta’s leading technology district."

Atlanta3000 · #**14786** Posted **Jul 15, 2015, 10:20 PM**

Quote:

Originally Posted by Triptychtwo

"Cousins President and CEO Larry Gellerstedt called the project a cutting edge, skyline-enhancing trophy tower in Atlanta’s leading technology district."

NCR orginally said their Midtown HQ would be a collection of 8 story buildings. Given it is now described as a "trophy tower," I think it is safe to say we are now looking at a 20 - 30 floor project.

GeorgiaPeanuts · #**14787** Posted **Jul 15, 2015, 10:51 PM**

http://www.bizjournals.com/atlanta/print...ec-development-changes-local-market.html

Class A Vacancy has dropped to 15.2% average; Buckhead is down to 13.5%; The vacancies haven't been this low since 2001, maybe will start seeing more office proposals move forward.

Urbannizer · #**14788** Posted **Jul 15, 2015, 11:38 PM**

Buckhead Atlanta Phase II

http://www.olivermcmillan.com/places/projects/50/buckhead_atlanta_phase_ii

Quote:

Plans are currently underway for a new luxury 135-unit, 19-story residential condominium tower as well as Class A, custom, creative office space with unique retail experiences that may include elite fitness and spa facilities or the ultimate theatre experience. 315,000 square feet provide more possibilities - and desirable customers.

scania · #**14789** Posted **Jul 16, 2015, 12:10 AM**

Quote:

Originally Posted by Urbannizer

Buckhead Atlanta Phase II

http://www.olivermcmillan.com/places/projects/50/buckhead_atlanta_phase_ii

Maybe Atlanta will finally get an Equinox. Equinox seems to be in every World Class city.

Vaden · #**14790** Posted **Jul 16, 2015, 12:16 AM**

Quote:

Originally Posted by RocketSurgeon

Aspire Waterworks update: Nearly what, a year in? It looks like they're still doing basic site work. I don't think it's stalled because there's still equipment there, so it must either have a ridiculously long schedule or something went wrong.

Of course zoning can dictate architectural styles. Savannah does it in their historic district.

Hate to speak for him but I asume he meant the neighborhood of Midtown--a.k.a. Historic Midtown--where the single family homes are. The area most people think of when they hear "Midtown" is actually several neighborhoods, only one of which is actually called Midtown. The neighborhood with the highrises is Midtown Core. Confused enough yet?

Yes that makes sense now. When I think about Midtown, I think about the business highrise district. I do tend to forget the single family homes of the area nearby. But even I am aware that there are single family homes WITHIN the highrise district, though they are few.

Vaden · #**14791** Posted **Jul 16, 2015, 12:25 AM**

Quote:

Originally Posted by TarHeelJ

True, but even prior to that...commercial building encroached into residential areas just off Peachtree and completely altered the area. It's still happening on the edge of Historic Midtown along Piedmont. Not that it isn't a good thing, but it can happen so slowly that no one notices until the houses are gone.

Yes you are correct. In the FAR distant past, Midtown was mostly single family homes. Peachtree Street was once lined by luxurious mansions all the way up to Midtown and was a prestigious address. They weren't always luxury homes. Single family homes in Midtown of the lower classes became the norm and you can still see many of them today converted to businesses. As the 20th century wore on, more and more commercial development creeped northward.

ATLcubs · #**14792** Posted **Jul 16, 2015, 12:28 AM**

Quote:

Originally Posted by Triptychtwo

"Cousins President and CEO Larry Gellerstedt called the project a cutting edge, skyline-enhancing trophy tower in Atlanta’s leading technology district."

Out of curiosity, what exactly do they mean by a trophy tower?

GeorgiaPeanuts · #**14793** Posted **Jul 16, 2015, 1:14 AM**

Quote:

Originally Posted by ATLcubs

Out of curiosity, what exactly do they mean by a trophy tower?

Trophy tower usually means something that stands out in the skyline.

scania · #**14794** Posted **Jul 16, 2015, 3:20 AM**

Quote:

Originally Posted by GeorgiaPeanuts

Trophy tower usually means something that stands out in the skyline.

At 20 to 30 stories. No way it could stand out in a skyline...laughable. This is Atlanta, not Macon.

thepope117 · #**14795** Posted **Jul 16, 2015, 3:54 AM**

Quote:

Originally Posted by scania

At 20 to 30 stories. No way it could stand out in a skyline...laughable. This is Atlanta, not Macon.

At 200 million its likely to be 30+ never the less i agree with the general sentiment with the one proviso being its location will definitely be visible as it is flanked by 25 story apartment towers. If they put a decorative crown on it, it will stand out quite well. Add to that the High Performance Computing Center being just down the street and it should have some nice comparative presence.

scania · #**14796** Posted **Jul 16, 2015, 4:15 AM**

Quote:

Originally Posted by thepope117

At 200 million its likely to be 30+ never the less i agree with the general sentiment with the one proviso being its location will definitely be visible as it is flanked by 25 story apartment towers. If they put a decorative crown on it, it will stand out quite well. Add to that the High Performance Computing Center being just down the street and it should have some nice comparative presence.

That could be true...let's hope for the best. It would be hella cool for a statement tower to go up. Makes me think of the days when 1180 and Sovereign were going up. The buzz on this forum was epic!

Ant131531 · #**14797** Posted **Jul 16, 2015, 5:26 AM**

30 floors of office can easily translate to over 400 feet or even more with a crown or spire. Hell, the BOA tower is only 55 floors of office. Who knows how high the first floor may go that adds onto the height. Residential is usually 10 feet a floor while office is around 13-15 feet a floor especially these days. It'll stand out in the area its in if it's that tall. It'll also have interstate presence that a lot of the Peachtree towers don't necessarily have.

RocketSurgeon · #**14798** Posted **Jul 16, 2015, 11:40 AM**

Quote:

Originally Posted by Ant131531

30 floors of office can easily translate to over 400 feet or even more with a crown or spire.

Yes, 30+ stories of office space would be much taller than anything else around there... I think you guys are getting too used to seeing residential proposals

bigstick · #**14799** Posted **Jul 16, 2015, 12:00 PM**

Quote:

Originally Posted by RocketSurgeon

Yes, 30+ stories of office space would be much taller than anything else around there... I think you guys are getting too used to seeing residential proposals

Just my opinion, but Cousins does not like small. I am betting at least 50 stories.

jpk1292000 · #**14800** Posted **Jul 16, 2015, 12:24 PM**

Quote:

Originally Posted by bigstick

Just my opinion, but Cousins does not like small. I am betting at least 50 stories.

Are there any height restrictions on those parcels?