ATLANTA | Development Thread V

[arctk2014]

Originally Posted by forj

it's crazy to think that we are getting close to "the 20's" hah

also since someone mentioned the Peachtree St. bridge improvements i'll post these images again that i was sent by the VP of Planning and Economic Development awhile back.. really gives you a better sense of the integration with the street / sidewalk. i had reached out with my concerns about them executing a faux truss bridge design but these images helped ease my concerns. if it werent for the fact that you can walk under the sculpture i would still be opposed to it.. but it has a level of interactivity this way and will be nice from a pedestrian perspective. i still think it looks too much like a faux truss bridge from the connector though

I believe they had changed the design for the one closer to Downtown so it isn't exactly like the northern one.

[arjay57]

A rendering of the apartment building proposed at Peachtree and Terrace. Sounds like they are still working on the site plan.

Branch Properties defers zoning hearing on Peachtree Battle project

[Zanarkand A East]

Originally Posted by RocketSurgeon

Nope, it's North Ave, although most people consider Bank of America Plaza to be in Midtown so I guess it's kind of vague... that renovation is a good bit south of that though.

I've always considered North to the dividing line, but BoA Plaza and Emory insist they're in Midtown. At least North is a clearer line instead of the Connector, which curves.

[forj]

Originally Posted by arctk2014

I believe they had changed the design for the one closer to Downtown so it isn't exactly like the northern one.

where is this from? this is the first ive heard or seen this.

[joecool]

Originally Posted by arjay57

A rendering of the apartment building proposed at Peachtree and Terrace. Sounds like they are still working on the site plan.

Branch Properties defers zoning hearing on Peachtree Battle project

I like it! I wish more stuff with brick like this would be built. I like for everything to look different. We are starting to have too many concrete and glass looking stuff. Lets mix it up!!!

[arctk2014]

Originally Posted by forj

where is this from? this is the first ive heard or seen this.

That was from some press release - so I'm pretty sure that one's older (circa 2014 I believe)

But I do recall some real-estate/development professional event with Central Atlanta Progress President this past summer where he had a rendering of the Peachtree Bridge that looked a bit more different than the Northern one - in lieu of the arches there were pillars more like the ones on 14th street.

[atlwarrior]

Originally Posted by AtlantaMustang

Yeah, it's pretty much exactly what we've already seen, just a little extra fenestration. I do like seeing it within the context of Modera and the student towers though.

Lol hope them students keep the curtain closed.

[atlwarrior]

Is 98th 14 Street project officially dead. Did they wait too late?

[banksee]

Originally Posted by Zanarkand A East

I've always considered North to the dividing line, but BoA Plaza and Emory insist they're in Midtown. At least North is a clearer line instead of the Connector, which curves.

FWIW all the Midtown Alliance planning docs and vendor directory includes everything down to the connector.

[Zanarkand A East]

Originally Posted by banksee

FWIW all the Midtown Alliance planning docs and vendor directory includes everything down to the connector.

I know, I just find it weird that they do.

[arctk2014]

Originally Posted by forj

where is this from? this is the first ive heard or seen this.

WSB-TV Has a story on the bridge construction and presented this rendering (forgive the quality of the screenshot) that shows the southern Peachtree bridge a little more reserved with the design.

http://www.wsbtv.com/videos/news/peachtree-street-undergoes-bridge-changes/vDd2Q3/

[Libertarian]

Invest Atlanta board OKs bonds for High Performance Computing Center

[Atlanta3000]

Originally Posted by Libertarian

Invest Atlanta board OKs bonds for High Performance Computing Center

Did I miss something? This project was only supposed to be 600K SQFT and projected to cost $250 - 350 Million. Now it is a million square feet and costs $1.12 Billion???

Atlanta’s economic development agency approved up to $1.12 billion in bond financing for Georgia Tech’s proposed High Performance Computing Center Thursday despite concerns over the size of the tax incentives package being offered to attract the project.

The board of Invest Atlanta passed a resolution authorizing the bond money to help finance the commercial and retail component of the 25-story mixed-use development near Tech Square, to be built by Georgia Tech in partnership with developer Portman Holdings LLC. The 1 million-square-foot project, due to open early in 2018, could accommodate up to 2,500 people.

http://www.midtownatl.com/business/development-tour

High Performance Computing Center
4th Street and Spring Street Atlanta, GA 30308
600,000sf office/institutional and retail

Developer: Georgia Tech
Status: Projected
Start Date: TBD
End Date: TBD

[MdtwnATL]

Originally Posted by arctk2014

WSB-TV Has a story on the bridge construction and presented this rendering (forgive the quality of the screenshot) that shows the southern Peachtree bridge a little more reserved with the design.

http://www.wsbtv.com/videos/news/peachtree-street-undergoes-bridge-changes/vDd2Q3/

"A little more reserved" is putting it mildly.

[Libertarian]

Demolition for Cheshire Bridge/85 apartments has been completed and site development is proceeding

[RocketSurgeon]

Originally Posted by Atlanta3000

Did I miss something? This project was only supposed to be 600K SQFT and projected to cost $250 - 350 Million. Now it is a million square feet and costs $1.12 Billion???

You're probably thinking of the original version before that hideous Portman design came along:



Not very interesting, but at least it didn't make me want to gouge my eyes out with a spoon... I'm usually the last person to get all dramatic about these things but I honestly can't think of any design I've seen in recent years that's anywhere near as ugly as that new one. I guess it has architectural merit in someone's mind but I'm just not seeing it

Too bad they're securing funding. I was hoping it would fail for one reason or another. I guess I can still pray those renderings were an experiment and the end result will look nothing like them.

[Atlanta3000]

Originally Posted by RocketSurgeon

You're probably thinking of the original version before that hideous Portman design came along:



Not very interesting, but at least it didn't make me want to gouge my eyes out with a spoon... I'm usually the last person to get all dramatic about these things but I honestly can't think of any design I've seen in recent years that's anywhere near as ugly as that new one. I guess it has architectural merit in someone's mind but I'm just not seeing it

Too bad they're securing funding. I was hoping it would fail for one reason or another. I guess I can still pray those renderings were an experiment and the end result will look nothing like them.

From Atlanta Business Chronicle - 10/15/2015
http://www.bizjournals.com/atlanta/blog/...igh-performance-computing-center-to.html

Georgia Tech’s proposed $350 million High Performance Computing Center will host rotating "research neighborhoods” according to a filing with Atlanta's economic development arm.

[Martinman]

Originally Posted by Atlanta3000

]Did I miss something? This project was only supposed to be 600K SQFT and projected to cost $250 - 350 Million. Now it is a million square feet and costs $1.12 Billion???

It's common in development and construction to refer to a project's total SQ FT, all uses, including parking. The office space alone is 600,000 SQ FT.
The data in this fact sheet is obviously outdated since it preceded the Portman design but this project has always been approximately 1 million SQ FT.

http://www.realestate.gatech.edu/docs/HPCinfosheet.pdf

I am assuming the "up to" $1.12 billion is a mistake by the author and refers to the total value of bonds approved by Invest Atlanta for ALL projects including Post Centennial and the Marta Edgewood-Candler Park station project.

[RocketSurgeon]

Originally Posted by Atlanta3000

From Atlanta Business Chronicle - 10/15/2015
http://www.bizjournals.com/atlanta/blog/...igh-performance-computing-center-to.html

I meant the size (600,000 sq. ft. is the old design), but that $1 billion is the bond financing cap, not the project cost. It's more because of interest. Still, $1 billion seems like a lot for a $350 million project. Apparently they're paying for the entire project and expecting it to cost more than projected. Either that or they're selling 100+ year bonds

[Street Advocate]

Originally Posted by Atlanta3000

From Atlanta Business Chronicle - 10/15/2015
http://www.bizjournals.com/atlanta/blog/...igh-performance-computing-center-to.html

[IMG]http://media.bizj.us/view/img/5978851/this-is-tech-square-3*750xx2250-3000-69-0.jpg[/IMG]

Which is the latest rendering?