ATLANTA | Development Thread VI

[DWNTWN]

Originally Posted by Pemgin

I guess they can still market it as the tallest residential tower in Midtown. Add to it the cache that comes with the design team and maybe that will be enough to sell some units. I guess this was to be expected. With all objectivity, why would Atlanta have one of the country's tallest residential towers and not Miami, SF, LA, or Boston, for example? If those markets don't have a 900' residential building, it seems like it'd be hard to put one in ATL.

For the exact same reason we have/now had the tallest commercial building outside of Manhattan or Chicago for twenty years.

Because we can.

It is the Atlanta Spirit.

[One ATLien]

Originally Posted by Pemgin

We're not a gateway city like those others, with real estate markets that command the highest premiums. And with construction costs what they are, why would developers build a 900' building in a city with an abundance of available land and virtually no geographic constraints? We get a tall office building once in a while but that's not the same as an almost supertall residential tower. The Atlanta market only seems to command 20-30 story apartment towers. A 74 story condo tower just seems way out of reach for us.

Good points.. but that's just one way to look at it. There has been real desire and demand lately for in town growth in Atlanta, if you look at midtown alone, arguably the most desired location in Atlanta at the moment, it is quickly filling up, and there are constraints surrounding midtown and buckhead for that matter, just not in a traditional sense.. those constraints are low density housing, terrible grid design, and highways. Midtown plots are more limited then ever before, so I do think it is important to fill them up with quality projects.

[One ATLien]

Originally Posted by DWNTWN

For the exact same reason we have/now had the tallest commercial building outside of Manhattan or Chicago for twenty years.

Because we can.

It is the Atlanta Spirit.

Exactly, for a city that people don't know much about outside of it, Atlanta has an ability to surprise, just like getting the Olympic's in 96. Whenever friends visit me in Atlanta for the first time, they get amazed at the skyline, its like they had no idea it existed. I guess the lack of expectations for many when they visit is a major reason why they end up getting impressed.

[ATLontheRISE]

Originally Posted by Pemgin

I guess they can still market it as the tallest residential tower in Midtown. Add to it the cache that comes with the design team and maybe that will be enough to sell some units. I guess this was to be expected. With all objectivity, why would Atlanta have one of the country's tallest residential towers and not Miami, SF, LA, or Boston, for example? If those markets don't have a 900' residential building, it seems like it'd be hard to put one in ATL.

Boston isn't really known for very tall buildings. Actually Boston's skyline doesn't really compare well to Atl. La really doesn't have that many very tall residential building either. Not sure of your point. Atl isn't some 2nd rate place that only gets scraps that other cities don't want. And I don't want to be Miami either. Where all the condos building are empty, And no street activity.

Midtown skyline will add more and more. Including a 900'. Give it time. I like the building. Don't love it. But it's a nice addition. And will still be a nice postcard.

[GeorgiaPeanuts]

The crane for modera Buckhead is starting to go up. They got the base in place

[Street Advocate]

Originally Posted by GeorgiaPeanuts

The crane for modera Buckhead is starting to go up. They got the base in place

Buckhead is quietly creating a small, seamless walkable node with comparably or even more shops than the busiest parts of midtown.

[MdtwnATL]

Originally Posted by Street Advocate

I agree the location is perfect for a prominent skyscraper, but I didn't find the design of Opus 2 to be fitting of Atlanta's most recognizable skyscraper. However, this site is massive and still perfectly capable of fitting another larger tower in the future. We shall see.

I just want more places to live and visit in Atlanta.

I guess maybe I just saw this building's design differently than most. To me its simplistic square shape all the way to the top was bold and classic, rather than gimmicky and trendy. It had a masculine edge, where 1138 Peachtree and Sovereign (the two most recent larger projects) both had a more feminine vibe going for them (in my opinion).

Not saying one is necessarily better than the other, just that the presence of this style of building would have been a nice imposing addition to the Midtown skyline (at the 900'+ height).

[ATL_J]

Originally Posted by MdtwnATL

I guess maybe I just saw this building's design differently than most. To me its simplistic square shape all the way to the top was bold and classic, rather than gimmicky and trendy. It had a masculine edge, where 1138 Peachtree and Sovereign (the two most recent larger projects) both had a more feminine vibe going for them (in my opinion).

Not saying one is necessarily better than the other, just that the presence of this style of building would have been a nice imposing addition to the Midtown skyline (at the 900'+ height).

I agree, I thought the design was great.

[ATL_J]

Originally Posted by DWNTWN

The hotel comments are absurd on their face, since the hotel was always supposed to be part of the second tower. This tower was supposed to be corporate suites with condos on top. They talked a lot about how much of a need there was for short term corporate rentals when they gave their sales pitch.

Extended stay corporate suites can be/are effectively run as a hotel. Many (if not all) national hotel brands offer extended stay lines. So the comments are not absurd, it is reasonable to question the stability of this project.

That isn't to imply that just because they're not moving forward with the corporate suites that they won't move forward, but I have to imagine it is going to be very difficult to get the required sales (~180ish) at $1,000 / SF considering the sales (and resale) pace of other high end condo deals in the city. But maybe I'm totally wrong and they get a high number of international people looking to park money in US real estate. Just don't see Atlanta as that type of market.

[arctk2014]

Originally Posted by bigstick

Atlanta
1315 Peachtree Street, NE
Atlanta, Georgia 30309
t +1 (404) 873-2300
f +1 (404) 892-5823
@perkinswill_ATL

I called left a message and put on facebook and twitter...

So you're complaining to the architect because the developer's deal with a hotel fell through?....right.....

[ATLontheRISE]

Originally Posted by ATL_J

Extended stay corporate suites can be/are effectively run as a hotel. Many (if not all) national hotel brands offer extended stay lines. So the comments are not absurd, it is reasonable to question the stability of this project.

That isn't to imply that just because they're not moving forward with the corporate suites that they won't move forward, but I have to imagine it is going to be very difficult to get the required sales (~180ish) at $1,000 / SF considering the sales (and resale) pace of other high end condo deals in the city. But maybe I'm totally wrong and they get a high number of international people looking to park money in US real estate. Just don't see Atlanta as that type of market.

Keep doubting Atl... when people show up here, they are utterly surprised at the ridiculous skyline. Atl is that type of market. You'll see. I like the doubters. It makes it even better when you see the cranes going up in the sky. International folks have dumped money in Miami condo market for years. And got completely burned. So the markets that you typically see as "that type of market " aren't really doing well either.

[DNR]

Just saw this Ad in the ABC

Footer Add from ABC

You can't really access the site beyon the Intro page but here is the link...
http://opusplaceatlanta.com/#

[Pemgin]

That height is exaggerated. No way a 53 story condo tower is as tall as a 50 story office tower. And a good chunk of OAC's height comes from its crown. And it looks like it sits on the other side of the site now.

But if that ad is to be believed, it would be a pretty good final product.

[scania]

Originally Posted by ATLontheRISE

Boston isn't really known for very tall buildings. Actually Boston's skyline doesn't really compare well to Atl. La really doesn't have that many very tall residential building either. Not sure of your point. Atl isn't some 2nd rate place that only gets scraps that other cities don't want. And I don't want to be Miami either. Where all the condos building are empty, And no street activity.

Midtown skyline will add more and more. Including a 900'. Give it time. I like the building. Don't love it. But it's a nice addition. And will still be a nice postcard.

I like you passion for Atlanta. But some of your points are off.

[Atlanta3000]

Buckhead Construction Update

1000 Park Avenue - Almost above ground


Hanover Buckhead Village


309 East Paces - Quickest conversion ever!!!



Hanover East Paces - These turned out much nicer than the renderings.

[arctk2014]

Originally Posted by Atlanta3000

Buckhead Construction Update


309 East Paces - Quickest conversion ever!!!

They utilized Sto-wall panels with a thin- brick facade and expedite the facade construction. The Anderson windows are being installed from the inside (in lieu of erecting scaffolding or lifts) which also saves on some labor cost/ time.

The biggest design challenge is to make the seams "disappear" and making sure the thin-brick returns properly at window openings. There's a lot of detailing and design coordination to make it look "right" on the front end but overall it speeds up construction time.

[krownroyale]

Y'all should check out the webcam of the Coda site, there is something satisfying about watching them excavate the whole block... http://codatechsquare.com/building/

[Atlanta3000]

Originally Posted by krownroyale

Y'all should check out the webcam of the Coda site, there is something satisfying about watching them excavate the whole block... http://codatechsquare.com/building/

Now that's a webcam!!! Thanks for sharing.

[bigstick]

Originally Posted by Atlanta3000

Now that's a webcam!!! Thanks for sharing.

Wish we had more of these ..Oxblue kind sucks IMO. Does anyone have a list of cams for other projects???

Thanks

[foxmccleod]

Originally Posted by Pemgin

That height is exaggerated. No way a 53 story condo tower is as tall as a 50 story office tower. And a good chunk of OAC's height comes from its crown. And it looks like it sits on the other side of the site now.

But if that ad is to be believed, it would be a pretty good final product.

The rendering is a little exaggerated. However, No. 2 OPUS will be slightly taller than 1180, though 1180's base elevation is a little higher.