Special offer

Midtown Atlanta New Construction Report - March, 2014

By
Real Estate Broker/Owner with MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living 272617

The architectural firms...they be making money these days! 

This evening, I attended the Design Review Committee (DRC) meeting of the Midtown Alliance. And the two projects presented were vastly different, considering they are just a mere 4 blocks apart!

60 11TH Street Apartments -- Daniel Corporation/Selig Enterprises - Part of 12th & Midtown

 

The twin "sister" to 77 12th Apartments was presented. The building will contain 319 one and two bedroom homes (studio floor plans are included in the 1-bedroom count.) The numbers will be something like 213 studio and one bedrooms, and 105 two-bedroom homes. While 60 11TH will have it's own parking garage and retail space, it was unclear if the buildings will share the pool area currently serving 77 12TH. If they DO share, that's a lot of people for one pool area. 

There was much discussion about the TWO garage entrances on 11th Street and the "interuption" of the retail flow along 11th Street. A representative from Daniel Realty brought up a very good point about separating the residential garage entrance from the retail garage entrance. When a retail patron gets "stuck" at the exit gate, the residents get backed up in the garage behind them. With this design, the residents enter and exit their portion of the garage from another entrance. One might not really get the point, but if you've lived in a Midtown Atlanta high-rise mixed use development, you know this story ALL to well! Here's a snap shot of the buildings. The one in the background is 77 12TH and the one in the foreground is the new building to be built. 

60 11TH Street Apartments

 

14TH Street Development -- Triple Towers on Symphony Hall Site

This "little" guy will catch your attention like no Midtown Atlanta project has in quite some time! 

The proposed development calls for three towers. The site plan shown below has changed, and I was not able to obtain a copy of the new site plan presented this evening. 

14th Street Site Plan

First off, the entire project site (outlined in a faint red line) will sit atop a two level under-ground garage. Then, each proposed building will have additional parking associated with it. Here is a breakdown of the buildings:

  • Building "A" -- 500 residential homes, 35,000 sq.ft. of retail space on the ground level, parking deck will rise to 10th floor, and homes starting on the 11th. 
  • Building "B" -- 500 residential homes with approx. 35,000 sq.ft of retail space, fronting both the interior street and 14th Street. 
  • Building "C" -- Hotel on lower floors with 300 rooms, topped with 340 residential units. Approx. 26,000 sq. ft. of retial space, some fronting 14th Street. This building is projected to be 60 stories, the tallest building in Midtown! 

The major changes to the site plan above include a change from a pedestrian "mall" in between A, B and C to actual streets, with a major entrance between Buildings B and C. 

An important historical fact that I learned this evening. Way back in the mid 80's when AT&T owned the entire site including the area where exisiting buildings now sit, there was a master plan to "share" things. As such, the site may come together with exits from the proposed project coming out of existing garages and underground "tunnels" if you will. One example is to the left of Building A where a potential exit from the lower 2 levels of parking could lead out to West Peachtree Street. 

It's quite the project, and it seems to be moving forward. Plans call for a build out by 2020, or a building about every 2 years. All subject to change and market conditions, of course! 

Here's a rough picture I snapped during the presentation looking South to the project. One Atlantic Center is on the right.

14th Street Development

And here is another photo that appeared recently...this view looking North from 14th Street...

14th Street Development

 

Some real game changing stuff here, right? The market will also dictate whether any of these are built as condominiums, or if they will be built as rental with condominium design for a future conversion.

Prices? I can only imagine that $375,000 for a 2 bedroom condominium at Viewpoint Midtown is a REAL bargain right now!  

Kent Simpson
Realty One Group Mountain Desert - Tucson, AZ
Real Estate Is About People

Wow - that's a lot of projects coming to Midtown Atlanta!  I think its safe to say that engineering firms & construction companies will be busy along with the architectural firms...not to mention the lunch counters while these are being built.

Did anyone bring up a proposal for a temporary "food truck lane" or lot to feed those hungry construction guys?  

Mar 11, 2014 01:44 PM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

This is a great post about the area and wonderful expansion, building and design!  The buildings look wonderful.  You attended this meeting because YOU ARE MIDTOWN ALTANTA and have your Mojo running!!  

Mar 12, 2014 06:28 AM
Jeff Jensen
The Federal Savings Bank/Lending in 50 states - Greenwich, CT

What that building must have displaces a whole lot of peach trees.

Mar 12, 2014 08:26 AM
Anne Hensel
South Beaches Real Estate Professionals - Saint Petersburg, FL
Realtor - Broker - St. Pete Beach, Treasure Island

Those are some great looking buildings, makes me think of Vegas!  Thanks for the interesting photos and descriptions!

Mar 12, 2014 03:26 PM