Quote:
Originally Posted by Atlanta3000
This project is incredible, but my one fear is North American Properties said it will be developed in phases. Has anyone heard exactly how many phases and timeline?
|
This is my rough recollection of what NAP said at the Midtown DRC meeting about the order they would do it:
1. Build out the retail on the 100 building and the streetscape from about Juniper around to the parking down ramp on Peachtree Street.
2. Build out the retail on the 400 building and remainder of streetscape up around 15th St.
3. Whenever they can get the 4-5 big retail tenants they are negotiating with to sign leases, they will begin on the retail portion behind the 100 and 400 buildings & taking the roof off to create the open-air plaza in the middle.
4. Build new retail out in the northern part of the site, with longer term plans to build a new tower on 15th Street. They have not decided whether the tower will be office, hotel, etc..
They said steps one and two above are technically in the same "phase" but they have to do them one at a time in order to minimize the impact on the existing restaurants operating currently in the buildings.