ATLANTA | Development Thread VI

[robertjhajek]

Originally Posted by jpk1292000

Hasn't it already broken ground?

This quote is from Curbed on February 10.

Assuming the market holds steady, the Chad Oppenheim and Warner Summers Architecture-designed apartment building could break ground in the coming months. The office could lag behind, depending on the saturation of similar office space.

[BlueSangha]

Originally Posted by Vaden

As a contrast to the aerial image above, I liked this old photo from sometime before the construction of 1180 Peachtree. Those who don't know what Midtown was like before would be shocked. It was so barren. Even Buckhead looks less impressive. The progress has been amazing and indisputable. (Is this picture OK or is it illegal to post it?)

Love this! Music Midtown was in that green space 😊

[megalopolis]

Originally Posted by arjay57

26-story Midtown tower to break ground this summer

Can anyone see from the property records what the total lot size is when you add up all of the parcels? Just wondering how many acres $10 million will buy you in the heart of Midtown these days.

[arjay57]

Originally Posted by Vaden

As a contrast to the aerial image above, I liked this old photo from sometime before the construction of 1180 Peachtree. Those who don't know what Midtown was like before would be shocked. It was so barren. Even Buckhead looks less impressive. The progress has been amazing and indisputable.

The changes in Midtown have truly been phenomenal and very rapid.

Here's what it looked like when the first building at Colony Square went up in the early 1970s. Many claimed it was impossible for a project "that far out" to survive, and in fact it did go into bankruptcy.

[DNR]

Originally Posted by daharris80

Doesn't Lennar provide its own financing?

That's a possibility. That would make more sense. Must be nice!

[jsvh]

Atlanta Mayor Reed gets wish to sell Underground Atlanta | AJC

[jjordan1023]

Does anyone know any update about this development?

https://whatnowatlanta.com/townhomes...oring-heights/

[Libertarian]

On Underground, I sincerely doubt WRS will be able to get funding. We'll see. But maybe the German group is still lurking offstage.

[alco89]

Originally Posted by megalopolis

Can anyone see from the property records what the total lot size is when you add up all of the parcels? Just wondering how many acres $10 million will buy you in the heart of Midtown these days.

Different area of Midtown, but Ga Tech just bought a 1.8 acre parcel for $20 million between W. Peachtree and Spring St.

http://www.bizjournals.com/atlanta/n...0m-parcel.html (behind pay wall )

[Martinman]

Originally Posted by Libertarian

On Underground, I sincerely doubt WRS will be able to get funding. We'll see. But maybe the German group is still lurking offstage.

But don't you doubt that every development will happen as a general rule?

[Libertarian]

Everything is possible (if you bring money)

[GeorgiaPeanuts]

Crane almost erected for northside medical building this morning.

880 Alexan should get crane soon too. They've had crane base setup for about a week

Peachtree bridge arches are also being erected

[montydawg]

Originally Posted by alco89

Different area of Midtown, but Ga Tech just bought a 1.8 acre parcel for $20 million between W. Peachtree and Spring St.

http://www.bizjournals.com/atlanta/n...0m-parcel.html (behind pay wall )

That parcel has a non-descriptive one story building. I wonder if they will ever make a deal with the city to extend 11th street through their property. Might be kind of hard unless they buy neighboring properties and combine into a larger parcel.

[arjay57]

Originally Posted by megalopolis

Can anyone see from the property records what the total lot size is when you add up all of the parcels? Just wondering how many acres $10 million will buy you in the heart of Midtown these days.

My guess would be about one acre!

[shivtim]

SAP planning permit filed for a "98 unit multi-family residential development" by Perennial Properties at 1791 Piedmont. This is just south of Fat Matt's. Currently it's the Oak Knoll Apartment Homes. They originally proposed a 180-unit 6-story apartment complex for this site.

[tdawg]

Just read that Atlanta is getting its first Bareburger at 715 Peachtree. They're headquartered near me in Astoria, Queens. Damn I love that place. It's our go-to indulgence.

[arctk2014]

Originally Posted by tdawg

Just read that Atlanta is getting its first Bareburger at 715 Peachtree. They're headquartered near me in Astoria, Queens. Damn I love that place. It's our go-to indulgence.

Would you compare them to a Yeah!Burger?

[tdawg]

I have to admit that I haven't had Yeah!Burger but I will say that Bareburger exploded in just a few short years and now have restaurants around the world, so they are doing something right. They have unusual choices like bison and ostrich (depending on the location), amazing sliders, and their onion rings are my downfall. They also source locally and organic.

[Student]

Bareburger is much better with flavor than Yeah Burger

[GeorgiaPeanuts]

Couple extra images of Broadstone Midtown:




A floorplan for the amenity deck of the Charles Condo building: