ATLANTA | Development Thread V

[Stairstars]

Originally Posted by Pemgin

What's up with Amli Arts Center? Has that made much progress lately? I keep waiting to see a crane.

Lots of what they have been doing is underground, but this is where it is at:



Some of the PVC can be seen on the corner of the wall. Lots of concrete pouring, too.

[Terminus]

Somebody who has free time should Google and post photos of the Sprouts on East Colfax in Denver. It is a readily-financeable one-story buildings, but it fronts the street well, has rear parking, and rear loading. it would be much, better than the 905 Memorial concept shown earlier.

[jsvh]

905 Memorial has done some good things. Reconnecting the street grid is key for long-term supportive density.

And it has a good amount of density, it just needs to be reconfigured a little. The movie theater block is fine. Move the large apartment mid-rise to the corner of Memorial and BKW and put the retail in the base of that. Move the Sprouts over to the parcel that is still on Memorial. Move the office to the back block. That should give it a much better feel from the street / beltline.

[foxmccleod]

Originally Posted by DWNTWN

Can you share the height it will reach? The permits should be filed in May for the variances. I was also told construction would begin in earnest in early 2017. Can you confirm that?

Just shy of 900 feet currently. Early 2017 seems reasonable assuming things go well, though I have no knowledge of the actual schedule. The development team seems motivated to move this along.

[Atlanta3000]

Originally Posted by foxmccleod

Just shy of 900 feet currently. Early 2017 seems reasonable assuming things go well, though I have no knowledge of the actual schedule. The development team seems motivated to move this along.

Foxmccloud, I am interested in hearing your perspective on the 905 Memorial project. Is it economically feasible to for a get financing, attract retailers and develop a project that are outside Atlanta's core (specifically along the BeltLine) without some/or any surface parking?

Thanks in advance.

[L.ARCH]

Originally Posted by foxmccleod

Just shy of 900 feet currently. Early 2017 seems reasonable assuming things go well, though I have no knowledge of the actual schedule. The development team seems motivated to move this along.

Amazing!

I wonder which hotel brand they are courting? Something high end for sure... What is Atlanta missing? Waldorf Astoria maybe?

[GeorgiaPeanuts]

http://www.developfultoncounty.com/dafc/images/minutes/2016/032216_Mar_22_Regular_Meeting.pdf

Eviva Peachtree received unanimous approval of its $116 Million revenue bond from the Fulton County Development Authority.
Greystar's 1400 West Peachtree also received revenue bonds: ($43,000,000 residential and $115,000,000 hotel)
The Standard received $110 Million revenue bonds.

And the April Meeting had: http://www.developfultoncounty.com/dafc/images/agenda/2016/042616_Apr_Regular_Meeting_Agenda.pdf

Hanover Midtown in it requesting bonds for $146 Million
And a Noble project which might be the one on 14th for $60 Million
Loudermilk (could be one of their projects in Buckhead Village area) for $42 Million

[arctk2014]

Originally Posted by Atlanta3000

Street Advocate - I know it's Friday, but don't you think it is a little early to be drinkin' ?

To go from this:


A reasonable person would hope for this:


And for someone to expect this, is just sheer !^& ^&*^%@$:

However:

To go from this:



With this vision:



And end up with this isn't too much to ask for either?

[Triptychtwo]

May 2016 DRC Agenda

5:30 FOLLOW UP: Midtown Medical Office Building,
1130 West Peachtree Street (formerly 1117 Spring Street)
Project Type: This project was originally reviewed and approved in January 2014. Since then, the project team has acquired more land, and revised the site plan and project plan to enhance overall efficiency, presentation and urban design quality of the project. The revised design relocates the 10-story tower to front West Peachtree Street and additional restaurant and retail space has been incorporated to activate the street fronts.

6:00 NEW APPLICATION: 33 Peachtree Place, Restaurant – Babalu Tacos and Tapas
Project Type: Babalu Tacos and Tapas is a 5,200SF, first generation tenant build out of a restaurant. The restaurant is located at the southeast corner of Peachtree Place and West Peachtree in the development known as 33 Peachtree Place, in retail space #1. The shell building is currently under construction, and the final exterior materials on the shell building will be stone and stucco veneer. The Babalu design will include operable storefront windows, patio seating with metal patio railing, wood planters, and an
aluminum louvered architectural shelter to cover some of the patio seating. There will also be an indoor/outdoor bar area with seating.

6:30 NEW APPLICATION: 640 Peachtree Street, Hotel Project with Public Parking
Project Type: Proposed development located at southwest corner of Peachtree Street and Ponce de Leon Avenue, consists of a hotel with approx. 238 rooms, a public parking garage with approx. 250 spaces, and street level amenities. Total proposed height of the building is 18 stories.

[jpk1292000]

Sure, all of these projects might not get built, but this is probably the best day on this board since I first started following it 10 years ago.

There have been so many projects mentioned today that my head is spinning.

[Verge]

Originally Posted by Atlanta3000

Foxmccloud, I am interested in hearing your perspective on the 905 Memorial project. Is it economically feasible to for a get financing, attract retailers and develop a project that are outside Atlanta's core (specifically along the BeltLine) without some/or any surface parking?

Thanks in advance.

Yes-- its being done now and we are working on buildings that do it (NO surface parking)

[Ant131531]

Originally Posted by Triptychtwo

May 2016 DRC Agenda

5:30 FOLLOW UP: Midtown Medical Office Building,
1130 West Peachtree Street (formerly 1117 Spring Street)
Project Type: This project was originally reviewed and approved in January 2014. Since then, the project team has acquired more land, and revised the site plan and project plan to enhance overall efficiency, presentation and urban design quality of the project. The revised design relocates the 10-story tower to front West Peachtree Street and additional restaurant and retail space has been incorporated to activate the street fronts.

6:00 NEW APPLICATION: 33 Peachtree Place, Restaurant – Babalu Tacos and Tapas
Project Type: Babalu Tacos and Tapas is a 5,200SF, first generation tenant build out of a restaurant. The restaurant is located at the southeast corner of Peachtree Place and West Peachtree in the development known as 33 Peachtree Place, in retail space #1. The shell building is currently under construction, and the final exterior materials on the shell building will be stone and stucco veneer. The Babalu design will include operable storefront windows, patio seating with metal patio railing, wood planters, and an
aluminum louvered architectural shelter to cover some of the patio seating. There will also be an indoor/outdoor bar area with seating.

6:30 NEW APPLICATION: 640 Peachtree Street, Hotel Project with Public Parking
Project Type: Proposed development located at southwest corner of Peachtree Street and Ponce de Leon Avenue, consists of a hotel with approx. 238 rooms, a public parking garage with approx. 250 spaces, and street level amenities. Total proposed height of the building is 18 stories.

Great. So the parking lot just south of the Fox Theatre will finally be built over. This is great. I think it's a great place for a hotel. That little area around Fox could be buzzing in a year with construction activity. I just wish they added some retail...maybe the Midtown DRC recommends that they do that. I think the area around Fox Theatre could use more retail and restaurant space. The area gets REALLY busy during shows at the Fox and a lot of people walk around looking for places to eat at before or after.

Originally Posted by GeorgiaPeanuts

http://www.developfultoncounty.com/dafc/images/minutes/2016/032216_Mar_22_Regular_Meeting.pdf

Eviva Peachtree received unanimous approval of its $116 Million revenue bond from the Fulton County Development Authority.
Greystar's 1400 West Peachtree also received revenue bonds: ($43,000,000 residential and $115,000,000 hotel)
The Standard received $110 Million revenue bonds.

And the April Meeting had: http://www.developfultoncounty.com/dafc/images/agenda/2016/042616_Apr_Regular_Meeting_Agenda.pdf

Hanover Midtown in it requesting bonds for $146 Million
And a Noble project which might be the one on 14th for $60 Million
Loudermilk (could be one of their projects in Buckhead Village area) for $42 Million

Excellent news. It looks like we may finally be seeing Eviva and Greystar moving forward. Hanover probably soon as well.

So much great news this week and we still have a big downtown project to be announced sometime this month.

[Martinman]

Originally Posted by jpk1292000

Sure, all of these projects might not get built, but this is probably the best day on this board since I first started following it 10 years ago.

There have been so many projects mentioned today that my head is spinning.

No kidding.!! A lot of great news about some really great projects!

[Atlanta3000]

Originally Posted by arctk2014

However:

To go from this:

arctk2014 - Glenwood Park is a beautiful mostly residential development. New urbanism at it's finest and certainly the best example of this style in Atlanta. However, I thought we were discussing retail developments? With that said, I see several surface parking lots in the Glenwood Park development......

[Atlanta3000]

Originally Posted by Verge

Yes-- its being done now and we are working on buildings that do it (NO surface parking)

Can you confirm retail buildings outside of Downtown and Midtown?

[GeorgiaPeanuts]

Originally Posted by Atlanta3000

arctk2014 - Glenwood Park is a beautiful mostly residential development. New urbanism at it's finest and certainly the best example of this style in Atlanta. However, I thought we were discussing retail developments? With that said, I see several surface parking lots in the Glenwood Park development......

The amount of parking in Glenwood works better. Go to Lindbergh, a small amount of the parking for target level is ever used, and same thing for above it on the Best Buy/Ashley side the parking is underused. Only the Home Depot side is highly utilized.

Fuqua always builds way too much parking

[jsvh]

Originally Posted by GeorgiaPeanuts

Fuqua always builds way too much parking

Our planning department / zoning code are also to blame:

Fuqua's special administrative permit application doesn't meet the required number of parking spaces — 1,075. The project, as presented in the application, calls for 1,021 parking spaces.

http://patch.com/georgia/eastatlanta/cit...finds-problems-with-800-glernw2814133b39

But hopefully that will be changing with Tim Keane.

[arctk2014]

Originally Posted by Atlanta3000

arctk2014 - Glenwood Park is a beautiful mostly residential development. New urbanism at it's finest and certainly the best example of this style in Atlanta. However, I thought we were discussing retail developments? With that said, I see several surface parking lots in the Glenwood Park development......

905 Memorial isn't exclusively retail/commercial development. The site plan includes many forms of residential.

I wasn't against surface parking - I was against the scale of the surface parking and how it's being screened. Glenwood Park's surface parking is mostly screened by residential townhomes and/or residential over retail buildings that are scaled proportionally with the surrounding areas: not 1-story retail liner buildings/outparcels. That being said the surface parking is being offset by the same area of green space (if not more) in Glenwood Park. While it's mostly residential there are many cues that 905 Memorial could take to help screen the need for parking for the larger retail establishments. Lining the slip deck with retail that's probably not even 20 ft deep isn't going to be successful long-term.

[DWNTWN]

Originally Posted by foxmccleod

Just shy of 900 feet currently. Early 2017 seems reasonable assuming things go well, though I have no knowledge of the actual schedule. The development team seems motivated to move this along.

AWESOME! I cannot wait to watch this bad boy go up, and for them to keep rolling with Phases A & B. Thanks for the height information. Stunned.

[DWNTWN]

Originally Posted by L.ARCH

Amazing!

I wonder which hotel brand they are courting? Something high end for sure... What is Atlanta missing? Waldorf Astoria maybe?

Waldorf-Astoria would be a pretty solid bet!