ATLANTA | Development Thread V

[arjay57]

Originally Posted by mikeatl77

New renderings of Moderna

This is great. I really love the street presence!

[jpk1292000]

Originally Posted by GTdan

Yoo is actually rising pretty fast. They are adding a floor every 1-2 weeks now. I think they were just slow with the podium parking levels at first. Not sure about the others though.

The story is the same with Modera, for example. Progress is slower as they build out the parking/retail. Once they get that done, the pace will pickup as they work on the residential floors.

[A-town]

Originally Posted by bigstick

^^^^^^^Modera is also taking forever to get going. Also the Tishman Speyer building in Buckhead is going at a slug's pace. Does anyone know why this is happening? Add Yoo as well.

Thanks

It probably doesn't dawn on most people when you turn into the Alliance Center you're driving on top of a massive parking deck. Tishman Speyer did and outstanding job seamlessly blending it into the surrounding landscape and buildings. I actually use to work in the Alliance Center One, once in 2006 and just as recently as a few months ago. The parking deck under those buildings are massive and interconnected. So not only did they have to build a parking deck, but it has to connect with the preexisting structure and have a street built on the top of it, no small feat. But now the building is above ground and should be moving at a normal pace.

[RocketSurgeon]

Originally Posted by bigstick

Also the Tishman Speyer building in Buckhead is going at a slug's pace. Does anyone know why this is happening?

Part of the structure collapsed earlier this year. I'm sure that affected the schedule.

[Libertarian]

We also need to remember construction labor is in short supply.

[bigstick]

Thanks for the explanations guy's.

[Ant131531]

Originally Posted by Libertarian

We also need to remember construction labor is in short supply.

I remember seeing the states with the highest constructions added over the year. Here's the quote from bizjournals.com.

The findings also come as construction employment rebounds nationally. From October 2014 to October 2015, California added the most new construction jobs, 49,800, according to the Associated General Contractors of America. Other states adding a high number of construction jobs over that period included New York (21,900); Florida (18,700); Washington (11,500); Arkansas (8,200) and Nevada (7,100).

Georgia added just 1,800 over the same period, according to AGC.

I just find it strange why our construction industry isn't growing proportionate to the demand of construction. It's pushing up construction costs and ultimately hampering what could have been a mega boom for Atlanta. Then as a result, because construction costs are higher, property management begins charging higher rents.

So not only do you have a limited amount of construction actually being started, but then you have higher rents because demand stays very high with little supply and because the cost of constructing housing costs more which means they have to charge higher rents to get a high return of investment.

Atlanta gained 32.4k jobs alone with October and construction was very little of those jobs, if at all. Atlanta is booming in other industries, but for some reason construction lags. In fact, construction lost 300 jobs in October.

The job gains came mostly in trade, transportation and warehousing, 10,800; professional and business services, 6,800; state and local government, 4,100; leisure and hospitality, 3,200; education and health services, 3,100; manufacturing, 1,900; financial activities, 1,500, and other services, 1,200. Construction lost 300 jobs.

http://www.bizjournals.com/atlanta/morni...nta-jobless-rate-lowest-in-10-years.html

It's a strange phenomenon for Atlanta really. We were once leaders of construction in the country and now we lag even behind states like Arkansas.

[RocketSurgeon]

You're looking at single number in a very complex system. Not saying whether you're right or wrong, but that number is meaningless without considering a lot of other factors--population, number of projects, number of people already in the industry, etc.

[Libertarian]

There's been an outflow of skilled construction labor out of Georgia over several years due to higher wage scales in other regions. Granted the pay differential has narrowed - not really good for building cost here - but the trend will likely continue for awhile longer.

[jnihiser]

Waffle house in the new-ish GSU building:


AND...Wow...this is the new GSU student housing that seemed like it was just announced a few months back. It's much larger and taller than the renderings suggested, and fills in the block quite nicely (John Wesley Dobbs and Piedmont):






186 Edgewood (across from Municipal Market):

[GTdan]

I haven't seen anyone post this yet...Construction camera for Broadstone Juniper

https://www.workzonecam.com/projects/precisionconcrete/broadstonejuniper/workzonecam1

[Ant131531]

They threw up the GSU dorms quick...reminds me of China or other developing countries with high growth. The materials must be REALLY cheap.

[Martinman]

The GSU dorms appears to be precast concrete pieces that were assembled on site. That might explain how it was built to this stage so quickly.

[Sbgt92]

Originally Posted by bigstick

Kind of disappointing heights, really do nothing to the skyline.

But they will dramatically improve the street scape. Filling in the missing teeth in the midtown cityscape is a big deal for walkability

[GeorgiaPeanuts]

Originally Posted by arjay57

That looks good to me. How is it situated? (i.e., does the long side or the short side face Peachtree?)

I think the long side faces Peachtree

[Zanarkand A East]

The excavators seems to have dug through all of the asphalt on the AMLI Arts Center site in one weekend. I'm not sure if anything will be built underground (like the HUGE hole at Hanover West Peachtree), but it'll be interesting to see how soon this project comes out of the ground. Also looking forward to seeing the 15th Street extension. Exciting times!

[GeorgiaPeanuts]

This lot has come up for sale here: http://x.lnimg.com/attachments/837882AF-B45E-428F-AAB0-B5999083BDD5.pdf

Is across from Skyhouse Midtown and a block from Atlantic House/The New Whole Foods.

[Zanarkand A East]

Originally Posted by GeorgiaPeanuts

This lot has come up for sale here: http://x.lnimg.com/attachments/837882AF-B45E-428F-AAB0-B5999083BDD5.pdf

Is across from Skyhouse Midtown and a block from Atlantic House/The New Whole Foods.

Good catch. It'll be fun to see what's built there. I wish they'd relocate that post office nearby to the lobby of a taller building and build something incredible on its current site.

[Ant131531]

Originally Posted by Zanarkand A East

Good catch. It'll be fun to see what's built there. I wish they'd relocate that post office nearby to the lobby of a taller building and build something incredible on its current site.

That'll probably eventually happen, but I'd rather empty lots get built on first, then redevelop low rise buildings.

[Ant131531]

By the way, has ANYONE heard any updates on Eviva? I know some people said they wanted to go to the DRC meeting again with an update on their plans, but since there's no December meeting, than it won't be this year. Is it time to give up on this project? I'm beginning to think it just won't happen. Seems like all of the nicest/tallest projects that have been announced in the last 2-3 years never seem to go anywhere(98 14th street, Eviva, Peachtree Yoo). Disappointing considering Atlanta used to be a leader in tall, breathtaking projects getting off the ground.