ATLANTA | Development Thread V

[ericdeatl]

Originally Posted by Zanarkand A East

I wonder what "restuarant" they have in mind for Alta Midtown?

I think that's the space where Dancing Goats Coffee is slated to go. They said it was going to be across from the MARTA station entrance and would have a patio, which is already poured on the left side of that retail space.

The much larger space at the corner of W Peachtree and Peachtree Place will need a much larger, very high profile tenant.

[Triptychtwo]

October DRC Agenda

5:00 NEW APPLICATION: 715 Peachtree Street – Carter
Project Type: Exterior renovation of the 715 Peachtree property consisting of a refurbished plaza, a
new street level retail presence, a relocated entrance lobby, as well as aesthetic and
screening modifications to the existing parking deck.

5:30 NEW APPLICATION: 208 Twelfth Street – Elmhurst Capital
Project Type: New construction of a 10-unit apartment building on the north side of 12th Street
between Piedmont and Juniper.

6:00 NEW APPLICATION: 1470 Spring Street (Spring House) – SCAD
Project Type: The Spring House is a multi-phased student housing project for the Atlanta Campus of
the Savannah College of Art and Design. The property is the site of an existing dormitory
building currently used by the College. The project includes the phased demolition of
the existing building and the construction of a new 6-story, 113,000 square foot, 500-
bed dormitory with surface parking, landscaping and site amenities.

6:30 NEW APPLICATION: 238 14th Street – Kim King Associates
Project Type: New construction of an 8-story, 14-unit boutique condominium building located on the
north side of 14th Street, two blocks west of Piedmont Park. All parking will be covered.

http://www.midtownatl.com/_files/docs/agenda-10-13-15---final.pdf

[Ant131531]

Not a very exciting meeting. A lot of boutique residential developments though. Surface parking in Midtown? I hope DRC makes them change that.

[micropundit]

North American Properties is emerging as the front-runner to buy and redevelop Colony Square, the project that more than 40 years ago launched mixed-use development in the South and helped turn Midtown from a seedy hub of Atlanta counterculture to a mainstream arts and cultural district.Cincinnati-based North American Properties is coming off the successful turnaround of another well-known Midtown mixed-use project, Atlantic Station, which recently sold for just short of $200 million after an extensive repositioning with new retail tenants and events.

North American Properties planned to put the property under contract this week, according to sources familiar with the discussions.North American is known for creating vibrant retail developments, such as Avalon in Alpharetta, which features chef-driven restaurants and hip boutiques. The company also uses events and entertainment to draw people to its projects.
http://www.bizjournals.com/atlanta/news/...can-plans-to-remake-midtowns-colony.html

[Atlanta3000]

715 Peachtree - Nice Update!

[Urbannizer]

Hanover West Peachtree






c/o SCA Consulting Engineers via Facebook

[testarossa50]

Surprised no one has posted about two subscriber articles in today's ABC:

- Supposedly North American Properties might "redevelop" Colony Square. Presumably by turning the retail into a more inviting, modern design that engages with the street rather than isolates it.
- Apparently there's some dispute involving funding behind the Proton Therapy Center. Not sure what the deal with this is; it's a bizarre project in a bizarre location, and I just hope it can open and start contributing something positive to Midtown in some reasonable timeframe.

[micropundit]

Originally Posted by testarossa50

Surprised no one has posted about two subscriber articles in today's ABC:

- Supposedly North American Properties might "redevelop" Colony Square. Presumably by turning the retail into a more inviting, modern design that engages with the street rather than isolates it.
- Apparently there's some dispute involving funding behind the Proton Therapy Center. Not sure what the deal with this is; it's a bizarre project in a bizarre location, and I just hope it can open and start contributing something positive to Midtown in some reasonable timeframe.

See post#15804

[arjay57]

Originally Posted by Ant131531

Not a very exciting meeting. A lot of boutique residential developments though. Surface parking in Midtown? I hope DRC makes them change that.

But important nonetheless.

A lot of times the various DRC's have valuable input on tweaking out infill and other details that make a big difference in how a project turns out.

[GeorgiaPeanuts]

Maybe they can open the Proton center as is and let the property fronting Peachtree be redeveloped into something a bit taller.

[GeorgiaPeanuts]

Hi-Res Render of Crescent Lenox

[RATBOYKEV]

Originally Posted by GeorgiaPeanuts

Maybe they can open the Proton center as is and let the property fronting Peachtree be redeveloped into something a bit taller.

I think they have a LOT ($$) of work left to do inside the new structure before that part can open. Now that the parent company looks like it is filing bankruptcy, the whole process should grind to a further halt.

The Peachtree frontage should be developed into something better but it would still have to provide parking to the Proton therapy building.

[Ant131531]

Welp, it could be years that the intersection is affected in a negative way...Disaster...I knew the Proton Center was a bad idea.

[RocketSurgeon]

Originally Posted by testarossa50

Apparently there's some dispute involving funding behind the Proton Therapy Center.

That's an understatement. They may have funded it by fraudulently taking money from another center in Dallas which has since declared bankruptcy:

http://www.bizjournals.com/dallas/news/2...n-treatment-center-files-chapter-11.html

I think the project is probably dead. The amount of concrete on the site could make redevelopment difficult. Hopefully it doesn't just sit there for years like Streets of Buckhead did.

[bryantm3]

Originally Posted by GeorgiaPeanuts

Maybe they can open the Proton center as is and let the property fronting Peachtree be redeveloped into something a bit taller.

i truly wish they'd do that.

[arjay57]

Originally Posted by Atlanta3000

Crescent Lenox

• 25 Stories, 385 feet tall and totals 392,000 square feet
• 352 apartments
• Future phase to include Starwood Hotel

http://buckheadview.com/2015/10/07/cresc...d-25-story-apartment-tower-off-lenox-rd/

Just noticed the news article says there is supposed to be a hotel on the front part of this parcel. Is there any other word on that?

[atlantaguy]

Originally Posted by arjay57

Just noticed the news article says there is supposed to be a hotel on the front part of this parcel. Is there any other word on that?

Not really arjay, other than it's owned by Starwood and not associated with this development.

[Ant131531]

So it looks like that project at 880 West Peachtree may not be dead after all. Looking through the public records, I noticed they filed for a permit and paid permit fees on October 8th.

https://aca.accela.com/atlanta_ga/Cap/Ca...gencyCode=ATLANTA_GA&IsToShowInspection=

For those unfamiliar with the development: http://devmap.io/developments/880-west-peachtree

[Atlanta3000]

Originally Posted by arjay57

Just noticed the news article says there is supposed to be a hotel on the front part of this parcel. Is there any other word on that?

As stated in the article, the hotel site is owned by Starwood. Starwood also includes W Hotels. I found these renderings of a W Hotel for this site a month ago. One of these designs very well may be what is planned....

[Atlanta3000]

Buckhead Place Market
http://cororealtyadvisors.propertycapsule.com/properties/buckheadplacemarket/#photos