MIDTOWN | Ascent Midtown | 24 stories | Canopy by Hilton | 12 stories

smArTaLlone · #1 Posted **May 11, 2016, 4:36 PM**

350 apartments
200-room Canopy by Hilton
5,000 SF retail
Completion 2018

Earlier renderings

smArTaLlone · #2 Posted **May 11, 2016, 4:39 PM**

http://atlanta.curbed.com/2016/5/11/...tel-apartments

AtlHeel · #3 Posted **May 11, 2016, 9:10 PM**

Quote:

Originally Posted by smArTaLlone

http://atlanta.curbed.com/2016/5/11/...tel-apartments

thanks! I love these new buildings. Continued to be amazed with Midtown.

smArTaLlone · #4 Posted **May 19, 2016, 6:09 PM**

The land development permit was issued yesterday so this one is all set to break ground.

Martinman · #5 Posted **Jul 21, 2016, 2:46 PM**

Quote:

Originally Posted by Canguy

Look for movement of dirt on Ascent in a week..She's all set..

Pemgin · #6 Posted **Sep 27, 2016, 7:37 PM**

Any updates on this one?

Martinman · #7 Posted **Oct 18, 2016, 2:59 AM**

Quote:

Originally Posted by Pemgin

Any updates on this one?

Doing core drilling.

Quote:

Originally Posted by Ant131531

1lifealex · #8 Posted **Oct 31, 2016, 4:03 PM**

Ascent crane is definitely going up today

Martinman · #9 Posted **Nov 1, 2016, 10:14 AM**

Quote:

Originally Posted by 1lifealex

Ascent crane is definitely going up today

Good news. There should be at least a couple of them for this one.

bigstick · #10 Posted **Nov 1, 2016, 11:13 AM**

Quote:

Originally Posted by smArTaLlone

350 apartments
200-room Canopy by Hilton
5,000 SF retail
Completion 2018

Earlier renderings

This is such a bizarre (last pic) rendering.

Martinman · #11 Posted **Nov 2, 2016, 4:55 PM**

Quote:

Originally Posted by bigstick

This is such a bizarre (last pic) rendering.

How so?

bigstick · #12 Posted **Nov 3, 2016, 10:51 AM**

Quote:

Originally Posted by Martinman

How so?

That house, etc...IDK

RocketSurgeon · #13 Posted **Nov 4, 2016, 12:32 AM**

Quote:

Originally Posted by bigstick

That house, etc...IDK

The house is really there. I imagine its days are numbered though.

smArTaLlone · #14 Posted **Nov 26, 2016, 3:25 AM**

Crane is up.

AK141 · #15 Posted **Dec 20, 2016, 8:29 PM**

Dewberry buys 1400 Peachtree for $6M
Atlanta Business Chronicle by Doug Sams
Date: Sunday, July 3, 2011, 2:17pm EDT

Atlanta real estate investor and developer Dewberry Capital now owns Midtown's 1400 Peachtree, where InterContinental Hotels Group Plc once planned to be part of a skyscraper that could have risen up to 70 stories.

An affiliate of Dewberry Capital Corp. , Dewberry 1400 Peachtree LLC, bought the nearly 1.7-acre site for $6 million, according to Fulton County records. The transaction closed June 27. The seller was United Community Bank, which had foreclosed on the property in January for $12 million, according to Databank Inc. The site fetched $17.7 million in 2006.

Atlanta-based developer Shailendra Group LLC and the New York office of architect Skidmore Ownings & Merrill LLP had reached the design phase on 1400 Peachtree at Peachtree and 17th streets. One concept had 1400 Peachtree eclipsing the 55-floor Bank of America Plaza as the tallest building in Atlanta. Another resembled the dual-towered Time Warner Center.

That was September 2008. Soon after came the financial meltdown. The economy slipped deeper into recession, construction lending froze, Atlanta's legal and financial sectors shed jobs, and plans for 1400 Peachtree never went forward.

Dewberry Capital, though, has managed to maintain momentum, despite a few setbacks. It worked with State Bank & Trust to restructure the debt backed by One Peachtree Pointe, after losing anchor tenant Seyfarth Shaw LLP to Daniel Corp.'s and Selig Enterprises' 1075 Peachtree tower. Dewberry Capital also spent the past three years expanding its Midtown real estate holdings, with 1400 Peachtree becoming its latest example.

It purchased the tracts at such a low price that if Atlanta's job growth improves next year it could be one of the first Midtown developers to launch a building.

smArTaLlone · #16 Posted **Dec 21, 2016, 12:37 AM**

Quote:

Originally Posted by AK141

It purchased the tracts at such a low price that if Atlanta's job growth improves next year it could be one of the first Midtown developers to launch a building.

Thanks.

And to whoever wrote the last sentence.

Ant131531 · #17 Posted **Dec 21, 2016, 2:37 AM**

I have to think if the massive recession never happened, Atlanta may have had 2 more supertalls along with several more 750+ feet skyscrapers lol. Seems like there were so many ambitious plans floating around just prior to the financial meltdown of 2008.

smArTaLlone · #18 Posted **Mar 28, 2017, 3:49 AM**

This is beginning to rise

bigstick · #19 Posted **Jun 13, 2017, 11:35 AM**

The slowest of the slow..................

atlwarrior · #20 Posted **Jun 13, 2017, 10:37 PM**

I didnt think any building could be slower than 10th and Hanover. What the reason for the slowness?