ATLANTA | Development Thread VI - Page 219

Ant131531 · #**4361** Posted **Jul 24, 2017, 9:54 PM**

Yeah that's a hotel. They elaborated on that in the Bizjournal article. The highrise along Glen Iris will be a hotel. The residential buildings will be along the Beltline.

Pemgin · #**4362** Posted **Jul 24, 2017, 9:55 PM**

764 Memorial (condo project in Cabbagetown) has a sign up. Didn't get a pic but it says 24 condos from the low 200's delivering next year.

764memorial.com

Libertarian · #**4363** Posted **Jul 24, 2017, 10:18 PM**

Quote:

Aren't they getting something like $20/sq ft for the commercial, but only $3/sq ft for residential?

I'm not actually in real estate, but methinks apartments should get $12/ft or more. Hotels are likely all over the chart depending on location and condition. Someone please help us out here.

Jarod Apperson · #**4364** Posted **Jul 24, 2017, 10:26 PM**

Quote:

Originally Posted by Libertarian

I'm not actually in real estate, but methinks apartments should get $12/ft or more. Hotels are likely all over the chart depending on location and condition. Someone please help us out here.

PCM is getting over $50 psf for office.

https://www.bizjournals.com/atlanta/...t-barrier.html

I'm not sure what they are getting for residential, but it is probably somewhere around $30 ($2.50*12). You typically see residential rates quoted monthly while office is quoted annually.

Martinman · #**4365** Posted **Jul 24, 2017, 10:34 PM**

Quote:

Originally Posted by Pemgin

764 Memorial (condo project in Cabbagetown) has a sign up. Didn't get a pic but it says 24 condos from the low 200's delivering next year.

764memorial.com

That's great! We need more forms of housing besides the luxury high rise and the 5-story midrise apartments. I would love to see more of this smaller-scale infill along the corridors of the city.

Pemgin · #**4366** Posted **Jul 24, 2017, 10:42 PM**

Quote:

Originally Posted by Martinman

That's great! We need more forms of housing besides the luxury high rise and the 5-story midrise apartments. I would love to see more of this smaller-scale infill along the corridors of the city.

Me, too. I'm happy this is still alive. It's great density for that lot and, if the price point holds, a fantastic opportunity to own in Cabbagetown for a relatively affordable amount.

Ant131531 · #**4367** Posted **Jul 24, 2017, 10:59 PM**

Wow never saw a rendering for that project. Looks great. All brick!? What!! Even the ground floor retail looks pretty well done for a midrise apartment. Other developers, take note. A simple project like that looks 10x better than apartments with a million different facades.

764 Memorial rendering for reference:

Sura · #**4368** Posted **Jul 25, 2017, 1:35 AM**

"...the 44-unit building (the actual number could be far less, as many buyers are combining units into super-sized floorplans) will feature amenities such as a heated lap pool and tranquil zen garden."

Curbed on Emerson. Has that been said elsewhere?

https://atlanta.curbed.com/2017/7/24...ion-demolition

Atlanta3000 · #**4369** Posted **Jul 25, 2017, 12:03 PM**

arjay57 · #**4370** Posted **Jul 25, 2017, 1:04 PM**

Quote:

Originally Posted by Ant131531

Wow never saw a rendering for that project. Looks great. All brick!? What!! Even the ground floor retail looks pretty well done for a midrise apartment. Other developers, take note. A simple project like that looks 10x better than apartments with a million different facades.

Totally agree! The brick and stone give it a look of quality.

3yonce · #**4371** Posted **Jul 25, 2017, 3:02 PM**

Quote:

Originally Posted by Pemgin

764 Memorial (condo project in Cabbagetown) has a sign up. Didn't get a pic but it says 24 condos from the low 200's delivering next year.

Is this the Nextran site or the empty lot next door? Google Maps puts the pin on the sidewalk along Pearl Street.

Atlanta3000 · #**4372** Posted **Jul 25, 2017, 3:44 PM**

http://www.zverse.com/portfolio/bras...block-replica/

Video Link

tdawg · #**4373** Posted **Jul 25, 2017, 4:10 PM**

Whoa that's cool! Isn't that building the new Selig proposal?

Pemgin · #**4374** Posted **Jul 25, 2017, 4:16 PM**

Quote:

Originally Posted by 3yonce

Is this the Nextran site or the empty lot next door? Google Maps puts the pin on the sidewalk along Pearl Street.

The empty lot next door. The Nextran site is slated for an apartment project. Modera, I think.

Atlanta3000 · #**4375** Posted **Jul 25, 2017, 4:51 PM**

Quote:

Originally Posted by tdawg

Whoa that's cool! Isn't that building the new Selig proposal?

Correct TD.

sbrptree · #**4376** Posted **Jul 25, 2017, 5:04 PM**

Quote:

Originally Posted by Atlanta3000

Correct TD.

Thanks for sharing Atlanta3000....hope the tower gets built....reminds me of the John Hancock tower in Chi.

RATBOYKEV · #**4377** Posted **Jul 25, 2017, 5:33 PM**

Quote:

Originally Posted by sbrptree

Thanks for sharing Atlanta3000....hope the tower gets built....reminds me of the John Hancock tower in Chi.

I hope it gets built so we can see the four corners of an intersection (13th & W Peachtree) go from nothing in February '15 to 4 towers at 38, 32, 32, and 10 floors by 2019!

boomtown · #**4378** Posted **Jul 25, 2017, 5:40 PM**

Gilbane Proposes Downtown United Way Office-To-Residential Conversion

https://www.bisnow.com/atlanta/news/...500_atlanta-re

Atlanta3000 · #**4379** Posted **Jul 26, 2017, 12:24 AM**

The good stuff strarts at 4:00 min mark. Enjoy!

• Video Link

bigstick · #**4380** Posted **Jul 26, 2017, 11:05 AM**

^^^^^^ Looks like a Hotel....Very nice....