Peachtree Street’s latest mixed-use tower ready for closeup
Peachtree Street’s latest mixed-use tower ready for closeup
Peachtree Street’s latest mixed-use tower ready for closeup
Josh Green
Tue, 11/12/2024 – 13:39
Two and ½ years after it officially broke ground, another glassy high-rise is at the cusp of opening on Atlanta’s signature street with a mix of uses.
Having replaced a surface parking lot, the 31-story Society Atlanta is the latest project in a national brand that developers say offers relative affordability in choice locations. In Atlanta, that means co-living (read: roommate-style) floorplans in non-student housing at Society Atlanta, in some cases.
National real estate firm PMG and Toronto-based private equity and asset management company Greybrook announced today pre-leasing has begun at the 811 Peachtree St. building, with first move-ins scheduled for early next month.
In addition to 460 apartments, the project will deliver more than 87,000 square feet of office space and 14,500 square feet of ground-level retail in hopes of enlivening one of Midtown’s densest sections.
Getting a foot in the door at this new Society costs $1,505 monthly. That rents one bedroom and one bathroom in 423 square feet, but in a rent-by-bedroom arrangement with a shared kitchen, living room, dining room, and balcony.
That does represent a slight monthly cost savings over the most recent Midtown apartment high-rise to deliver, Loria Ansley, as one example. Studio apartments at that project, also located on Peachtree Street near the High Museum of Art, start at $1,546 square feet with a little more square footage—but no shared spaces.
Meanwhile, the priciest rentals at Society Atlanta listed right now ask $4,420 monthly for three bedrooms and three bathrooms in 1,286 square feet.
Two months of free rent is being offered as a grand opening special.
Perks of the building include a yoga lawn and pool deck positioned atop a parking garage, an app-based key entry system, and modern gym and fitness studios described by project officials as “massive.” Daily fitness events are planned.
Cushman & Wakefield has been tasked with leasing two full floors of Class A office space at the building, each roughly 43,000 square feet. Bridger Properties is handling retail leasing at street level, with spaces ranging from 736 to 14,500 square feet, per officials.
Ryan Shear, a PMG managing partner, said in the announcement the company has been “longtime admirers of Midtown” and that its Peachtree Street building “brings a new level of modern living, abundant amenities, and engaging event programming to the market.”
The Cooper Carry-designed building claimed a surface parking lot at the southeast corner of Peachtree and 6th streets. For several years, The Integral Group was planning a visually striking apartment tower called EVIVA Peachtree for the site but eventually walked way in 2018, reopening the lot to paid parking for several years.
The pricey corner parcel totaling 1.27 acres went for $20.3 million in 2021, PMG reps said at the time. Society Atlanta officially broke ground in May 2022.
Like other projects under the Society Living concept, PMG says Society Atlanta was created to address an insatiable demand for reasonable rents close to walkable, urban centers.
More than 8,500 units are planned nationally as part of Society Living developments, including Society Las Olas in downtown Fort Lauderdale and others in Miami and Orlando. Similar projects in Brooklyn, Denver, and Nashville are underway. PMG officials say the company has delivered more than $11 billion in assets across the country over the past three decades.
Find a quick tour, via fresh renderings, of Society Atlanta highlights in the gallery above.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Midtown news, discussion (Urbanize Atlanta)
Peachtree Street’s latest mixed-use tower ready for closeup
Josh Green
Tue, 11/12/2024 – 13:39
Two and ½ years after it officially broke ground, another glassy high-rise is at the cusp of opening on Atlanta’s signature street with a mix of uses.
Having replaced a surface parking lot, the 31-story Society Atlanta is the latest project in a national brand that developers say offers relative affordability in choice locations. In Atlanta, that means co-living (read: roommate-style) floorplans in non-student housing at Society Atlanta, in some cases.
National real estate firm PMG and Toronto-based private equity and asset management company Greybrook announced today pre-leasing has begun at the 811 Peachtree St. building, with first move-ins scheduled for early next month.
In addition to 460 apartments, the project will deliver more than 87,000 square feet of office space and 14,500 square feet of ground-level retail in hopes of enlivening one of Midtown’s densest sections.
Getting a foot in the door at this new Society costs $1,505 monthly. That rents one bedroom and one bathroom in 423 square feet, but in a rent-by-bedroom arrangement with a shared kitchen, living room, dining room, and balcony.
The least expensive Society Atlanta option currently listed rents for $1,505 monthly (per bedroom). PMG/Society Atlanta
Fresh rendering for the 31-story tower’s lower floors, as approaching from the north.
Courtesy of PMG
That does represent a slight monthly cost savings over the most recent Midtown apartment high-rise to deliver, Loria Ansley, as one example. Studio apartments at that project, also located on Peachtree Street near the High Museum of Art, start at $1,546 square feet with a little more square footage—but no shared spaces.
Meanwhile, the priciest rentals at Society Atlanta listed right now ask $4,420 monthly for three bedrooms and three bathrooms in 1,286 square feet.
Two months of free rent is being offered as a grand opening special.
Perks of the building include a yoga lawn and pool deck positioned atop a parking garage, an app-based key entry system, and modern gym and fitness studios described by project officials as “massive.” Daily fitness events are planned.
Cushman & Wakefield has been tasked with leasing two full floors of Class A office space at the building, each roughly 43,000 square feet. Bridger Properties is handling retail leasing at street level, with spaces ranging from 736 to 14,500 square feet, per officials.
Ryan Shear, a PMG managing partner, said in the announcement the company has been “longtime admirers of Midtown” and that its Peachtree Street building “brings a new level of modern living, abundant amenities, and engaging event programming to the market.”
New visual depicting the planned look of amenities on a parking deck on the southern face of the project. Courtesy of PMG
Courtesy of PMG
The Cooper Carry-designed building claimed a surface parking lot at the southeast corner of Peachtree and 6th streets. For several years, The Integral Group was planning a visually striking apartment tower called EVIVA Peachtree for the site but eventually walked way in 2018, reopening the lot to paid parking for several years.
The pricey corner parcel totaling 1.27 acres went for $20.3 million in 2021, PMG reps said at the time. Society Atlanta officially broke ground in May 2022.
Like other projects under the Society Living concept, PMG says Society Atlanta was created to address an insatiable demand for reasonable rents close to walkable, urban centers.
The priciest floorplan in the building right now (three bedrooms, each with a bathroom) asks $4,420 monthly. PMG/Society Atlanta
Courtesy of PMG
More than 8,500 units are planned nationally as part of Society Living developments, including Society Las Olas in downtown Fort Lauderdale and others in Miami and Orlando. Similar projects in Brooklyn, Denver, and Nashville are underway. PMG officials say the company has delivered more than $11 billion in assets across the country over the past three decades.
Find a quick tour, via fresh renderings, of Society Atlanta highlights in the gallery above.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Midtown news, discussion (Urbanize Atlanta)
Tags
811 Peachtree Street NE
Society Atlanta
PMG
Eviva
Toronto
New York City
Society Living
Greybrook Realty Partners
Mark Lindenbaum
JLL
Jones Lang LaSalle
Property Markets Group
Midtown Development
Atlanta Development
High-Rise Construction
Cooper Carry
Atlanta Construction
Juneau Construction Company
Bridger Properties
Cushman & Wakefield
Greybrook Securities
Coliving
Co-living
Co-living apartments
Images
The 811 Peachtree Street site, as seen prior to Society Atlanta breaking ground. Google Maps
As seen in 2021, the site in question at the southeast corner of Peachtree and 6th streets, where The Integral Group’s Eviva tower was planned until 2018. Google Maps
As seen when it topped out last December, the Society Atlanta tower viewed from the southwest, next to 36-story neighbor Viewpoint condos. Photo by Juneau Construction Company; courtesy of PMG
Fresh rendering for the 31-story tower’s lower floors, as approaching from the north.
Courtesy of PMG
New visual depicting the planned look of amenities on a parking deck on the southern face of the project. Courtesy of PMG
Arrangement of Society Atlanta offices over 6th Street. Courtesy of PMG
Courtesy of PMG
A Society Atlanta coworking space. Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
The least expensive Society Atlanta option currently listed rents for $1,505 monthly (per bedroom). PMG/Society Atlanta
The priciest floorplan in the building right now (three bedrooms, each with a bathroom) asks $4,420 monthly. PMG/Society Atlanta
Subtitle
$1,500 monthly (with roommates) gets foot in the door at Society Atlanta’s mix of rentals, offices, retail
Neighborhood
Midtown
Background Image
Image
Associated Project
Society Atlanta – 811 Peachtree Street NE
Before/After Images
Sponsored Post
Off Read More
Peachtree Street’s latest mixed-use tower ready for closeup
Josh Green
Tue, 11/12/2024 – 13:39
Two and ½ years after it officially broke ground, another glassy high-rise is at the cusp of opening on Atlanta’s signature street with a mix of uses.
Having replaced a surface parking lot, the 31-story Society Atlanta is the latest project in a national brand that developers say offers relative affordability in choice locations. In Atlanta, that means co-living (read: roommate-style) floorplans in non-student housing at Society Atlanta, in some cases.
National real estate firm PMG and Toronto-based private equity and asset management company Greybrook announced today pre-leasing has begun at the 811 Peachtree St. building, with first move-ins scheduled for early next month.
In addition to 460 apartments, the project will deliver more than 87,000 square feet of office space and 14,500 square feet of ground-level retail in hopes of enlivening one of Midtown’s densest sections.
Getting a foot in the door at this new Society costs $1,505 monthly. That rents one bedroom and one bathroom in 423 square feet, but in a rent-by-bedroom arrangement with a shared kitchen, living room, dining room, and balcony.
The least expensive Society Atlanta option currently listed rents for $1,505 monthly (per bedroom). PMG/Society Atlanta
Fresh rendering for the 31-story tower’s lower floors, as approaching from the north.
Courtesy of PMG
That does represent a slight monthly cost savings over the most recent Midtown apartment high-rise to deliver, Loria Ansley, as one example. Studio apartments at that project, also located on Peachtree Street near the High Museum of Art, start at $1,546 square feet with a little more square footage—but no shared spaces.
Meanwhile, the priciest rentals at Society Atlanta listed right now ask $4,420 monthly for three bedrooms and three bathrooms in 1,286 square feet.
Two months of free rent is being offered as a grand opening special.
Perks of the building include a yoga lawn and pool deck positioned atop a parking garage, an app-based key entry system, and modern gym and fitness studios described by project officials as “massive.” Daily fitness events are planned.
Cushman & Wakefield has been tasked with leasing two full floors of Class A office space at the building, each roughly 43,000 square feet. Bridger Properties is handling retail leasing at street level, with spaces ranging from 736 to 14,500 square feet, per officials.
Ryan Shear, a PMG managing partner, said in the announcement the company has been “longtime admirers of Midtown” and that its Peachtree Street building “brings a new level of modern living, abundant amenities, and engaging event programming to the market.”
New visual depicting the planned look of amenities on a parking deck on the southern face of the project. Courtesy of PMG
Courtesy of PMG
The Cooper Carry-designed building claimed a surface parking lot at the southeast corner of Peachtree and 6th streets. For several years, The Integral Group was planning a visually striking apartment tower called EVIVA Peachtree for the site but eventually walked way in 2018, reopening the lot to paid parking for several years.
The pricey corner parcel totaling 1.27 acres went for $20.3 million in 2021, PMG reps said at the time. Society Atlanta officially broke ground in May 2022.
Like other projects under the Society Living concept, PMG says Society Atlanta was created to address an insatiable demand for reasonable rents close to walkable, urban centers.
The priciest floorplan in the building right now (three bedrooms, each with a bathroom) asks $4,420 monthly. PMG/Society Atlanta
Courtesy of PMG
More than 8,500 units are planned nationally as part of Society Living developments, including Society Las Olas in downtown Fort Lauderdale and others in Miami and Orlando. Similar projects in Brooklyn, Denver, and Nashville are underway. PMG officials say the company has delivered more than $11 billion in assets across the country over the past three decades.
Find a quick tour, via fresh renderings, of Society Atlanta highlights in the gallery above.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Midtown news, discussion (Urbanize Atlanta)
Tags
811 Peachtree Street NE
Society Atlanta
PMG
Eviva
Toronto
New York City
Society Living
Greybrook Realty Partners
Mark Lindenbaum
JLL
Jones Lang LaSalle
Property Markets Group
Midtown Development
Atlanta Development
High-Rise Construction
Cooper Carry
Atlanta Construction
Juneau Construction Company
Bridger Properties
Cushman & Wakefield
Greybrook Securities
Coliving
Co-living
Co-living apartments
Images
The 811 Peachtree Street site, as seen prior to Society Atlanta breaking ground. Google Maps
As seen in 2021, the site in question at the southeast corner of Peachtree and 6th streets, where The Integral Group’s Eviva tower was planned until 2018. Google Maps
As seen when it topped out last December, the Society Atlanta tower viewed from the southwest, next to 36-story neighbor Viewpoint condos. Photo by Juneau Construction Company; courtesy of PMG
Fresh rendering for the 31-story tower’s lower floors, as approaching from the north.
Courtesy of PMG
New visual depicting the planned look of amenities on a parking deck on the southern face of the project. Courtesy of PMG
Arrangement of Society Atlanta offices over 6th Street. Courtesy of PMG
Courtesy of PMG
A Society Atlanta coworking space. Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
Courtesy of PMG
The least expensive Society Atlanta option currently listed rents for $1,505 monthly (per bedroom). PMG/Society Atlanta
The priciest floorplan in the building right now (three bedrooms, each with a bathroom) asks $4,420 monthly. PMG/Society Atlanta
Subtitle
$1,500 monthly (with roommates) gets foot in the door at Society Atlanta’s mix of rentals, offices, retail
Neighborhood
Midtown
Background Image
Image
Associated Project
Society Atlanta – 811 Peachtree Street NE
Before/After Images
Sponsored Post
Off
Images: In North Georgia Mountains, luxury RV resort en route
Images: In North Georgia Mountains, luxury RV resort en route
Images: In North Georgia Mountains, luxury RV resort en route
Josh Green
Tue, 11/12/2024 – 08:29
Fancy roaming the country in a luxury motorcoach, but don’t want to sacrifice proximity to pickleball and a resort-style pool? A new concept bound for the North Georgia Mountains aims to rectify that situation.
Like a new $16-million complex near Kennesaw and many others around the country catering to discerning, post-COVID travelers, a luxury RV resort project called DiVine Village on the outskirts of Dahlonega is being designed to blend a sense of adventure with haute comforts and natural beauty.
Recently announced plans for DiVine Village call for 260 RV sites and short-term rentals spread across 110 lakeside acres at 3084 Town Creek Church Road.
The project’s goal is to capitalize on proximity to Georgia wine country and views of the Blue Ridge Mountains, with charming Dahlonega (named one of Travel + Leisure magazine’s best American small towns last year) down the road.
DiVine Village was founded by faith-based local entrepreneurs Tom Petrillo and his wife, Karen, and the design team is comprised of Ralph Schuler of JVB Architects (his portfolio includes six deluxe RV resorts in Florida) and Pro Vision Design’s Peter Shipps, a Dahlonega resident behind the well-known Old Edwards Inn in Highlands, N.C.
Alongside what’s described as “luxury motorcoach pads” and “state-of-the-art hookups,” DiVine Village calls for obligatory pickleball courts, an event space, a wine tasting room, a dog park, and a clubhouse next to the resort-style pool with cabanas, hot tubs, and a pool bar. Lakeside walking trails with fire pits and “meditation moments” are also in the mix.
“We were inspired by Dahlonega’s picturesque views, welcoming community, and inherent charm, and we intend to keep it beautifully majestic,” Petrillo noted in the project’s announcement.
DiVine Village is set for a public hearing Dec. 9 to outline plans. Project officials expect to break ground in early 2025.
Wheel on up to the gallery for a closer look at what plans for these 110 acres entail.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• North Georgia Mountains news, discussion (Urbanize Atlanta)
Images: In North Georgia Mountains, luxury RV resort en route
Josh Green
Tue, 11/12/2024 – 08:29
Fancy roaming the country in a luxury motorcoach, but don’t want to sacrifice proximity to pickleball and a resort-style pool? A new concept bound for the North Georgia Mountains aims to rectify that situation.
Like a new $16-million complex near Kennesaw and many others around the country catering to discerning, post-COVID travelers, a luxury RV resort project called DiVine Village on the outskirts of Dahlonega is being designed to blend a sense of adventure with haute comforts and natural beauty.
Recently announced plans for DiVine Village call for 260 RV sites and short-term rentals spread across 110 lakeside acres at 3084 Town Creek Church Road.
The project’s goal is to capitalize on proximity to Georgia wine country and views of the Blue Ridge Mountains, with charming Dahlonega (named one of Travel + Leisure magazine’s best American small towns last year) down the road.
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
DiVine Village was founded by faith-based local entrepreneurs Tom Petrillo and his wife, Karen, and the design team is comprised of Ralph Schuler of JVB Architects (his portfolio includes six deluxe RV resorts in Florida) and Pro Vision Design’s Peter Shipps, a Dahlonega resident behind the well-known Old Edwards Inn in Highlands, N.C.
Alongside what’s described as “luxury motorcoach pads” and “state-of-the-art hookups,” DiVine Village calls for obligatory pickleball courts, an event space, a wine tasting room, a dog park, and a clubhouse next to the resort-style pool with cabanas, hot tubs, and a pool bar. Lakeside walking trails with fire pits and “meditation moments” are also in the mix.
“We were inspired by Dahlonega’s picturesque views, welcoming community, and inherent charm, and we intend to keep it beautifully majestic,” Petrillo noted in the project’s announcement.
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
DiVine Village is set for a public hearing Dec. 9 to outline plans. Project officials expect to break ground in early 2025.
Wheel on up to the gallery for a closer look at what plans for these 110 acres entail.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• North Georgia Mountains news, discussion (Urbanize Atlanta)
Tags
3084 Town Creek Church Road
Dahlonega
Lumpkin County
DiVine Village
Travel + Leisure
Luxury RV Resort
Camp Hidden Lake
North Georgia
North Georgia Mountains
RVs
Atlanta Destinations
Road Trips
OTP
JVB
Pro Vision Design
Small Towns
Georgia Towns
Georgia Destinations
Pickleball
Images
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Subtitle
110-acre DiVine Village aims to capitalize on Georgia wine country, Blue Ridge Mountains backdrop
Neighborhood
OTP
Background Image
Image
Before/After Images
Sponsored Post
Off Read More
Images: In North Georgia Mountains, luxury RV resort en route
Josh Green
Tue, 11/12/2024 – 08:29
Fancy roaming the country in a luxury motorcoach, but don’t want to sacrifice proximity to pickleball and a resort-style pool? A new concept bound for the North Georgia Mountains aims to rectify that situation.
Like a new $16-million complex near Kennesaw and many others around the country catering to discerning, post-COVID travelers, a luxury RV resort project called DiVine Village on the outskirts of Dahlonega is being designed to blend a sense of adventure with haute comforts and natural beauty.
Recently announced plans for DiVine Village call for 260 RV sites and short-term rentals spread across 110 lakeside acres at 3084 Town Creek Church Road.
The project’s goal is to capitalize on proximity to Georgia wine country and views of the Blue Ridge Mountains, with charming Dahlonega (named one of Travel + Leisure magazine’s best American small towns last year) down the road.
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
DiVine Village was founded by faith-based local entrepreneurs Tom Petrillo and his wife, Karen, and the design team is comprised of Ralph Schuler of JVB Architects (his portfolio includes six deluxe RV resorts in Florida) and Pro Vision Design’s Peter Shipps, a Dahlonega resident behind the well-known Old Edwards Inn in Highlands, N.C.
Alongside what’s described as “luxury motorcoach pads” and “state-of-the-art hookups,” DiVine Village calls for obligatory pickleball courts, an event space, a wine tasting room, a dog park, and a clubhouse next to the resort-style pool with cabanas, hot tubs, and a pool bar. Lakeside walking trails with fire pits and “meditation moments” are also in the mix.
“We were inspired by Dahlonega’s picturesque views, welcoming community, and inherent charm, and we intend to keep it beautifully majestic,” Petrillo noted in the project’s announcement.
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
DiVine Village is set for a public hearing Dec. 9 to outline plans. Project officials expect to break ground in early 2025.
Wheel on up to the gallery for a closer look at what plans for these 110 acres entail.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• North Georgia Mountains news, discussion (Urbanize Atlanta)
Tags
3084 Town Creek Church Road
Dahlonega
Lumpkin County
DiVine Village
Travel + Leisure
Luxury RV Resort
Camp Hidden Lake
North Georgia
North Georgia Mountains
RVs
Atlanta Destinations
Road Trips
OTP
JVB
Pro Vision Design
Small Towns
Georgia Towns
Georgia Destinations
Pickleball
Images
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Courtesy of DiVine Village; designs JVB Architects, Pro Vision Design
Subtitle
110-acre DiVine Village aims to capitalize on Georgia wine country, Blue Ridge Mountains backdrop
Neighborhood
OTP
Background Image
Image
Before/After Images
Sponsored Post
Off
Atlanta real estate veterans launch office investment firm C/F Capital Partners
Atlanta real estate veterans launch office investment firm C/F Capital Partners
A major target of new real estate investment firm C/F Capital Partners is suburban Atlanta properties.
A major target of new real estate investment firm C/F Capital Partners is suburban Atlanta properties. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
A major target of new real estate investment firm C/F Capital Partners is suburban Atlanta properties.
Atlanta real estate veterans launch office investment firm C/F Capital Partners
Atlanta real estate veterans launch office investment firm C/F Capital Partners
A major target of new real estate investment firm C/F Capital Partners is suburban Atlanta properties.
A major target of new real estate investment firm C/F Capital Partners is suburban Atlanta properties. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
A major target of new real estate investment firm C/F Capital Partners is suburban Atlanta properties.
I-285 Express Lanes transit project shows signs of life
I-285 Express Lanes transit project shows signs of life
I-285 Express Lanes transit project shows signs of life
Josh Green
Mon, 11/11/2024 – 16:23
A state, regional, and local initiative that aims to build transit options along 33 and ½ miles of Atlanta’s Interstate 285 loop is entering a new phase, with a goal of better preparing the region for future growth.
Officials with MARTA, the Georgia Department of Transportation, and the Atlanta-region Transit Link Authority, or ATL, today announced a series of meetings scheduled for early December to gather public feedback on the I-285 Express Lanes Transit Study’s preliminary plans.
The meetings, to be held in partnership with city and county officials along the I-285 corridor, will serve to update residents and commuters on planned changes for one of Georgia’s busiest transportation corridors, the northern arc of I-285, according to MARTA.
GDOT’s I-285 Top End Express Lanes project calls for building two new express lanes, all separated by barriers, next to existing lanes around the northern arc.
The section of I-285 in question for transit spans between MARTA’s Indian Creek MARTA station near Stone Mountain (the system’s easternmost stop) and H.E. Holmes MARTA station (the westernmost stop).
The ATL has been leading efforts to study how transit service could best be incorporated into the I-285 express lanes GDOT plans to build. Exactly what the transit options might look like hasn’t been finalized, but GDOT has said the new lanes will be built to accommodate bus rapid transit, or BRT. Cost estimates are also TBD.
Specifically, public transit providers that will operate in new lanes—at no additional cost to transit riders per trip—include MARTA, Xpress, and state-registered van pools. A Peach Pass will be required for drivers.
Project leaders say public input is key to refining plans for flexible, reliable transit in the corridor.
According to GDOT, more than 240,000 vehicles use the stretch of I-285 in question each weekday. The transit study area is expected to see a 42-percent population surge and 33-percent bump in job growth by 2050, which MARTA says underscores the need for better transit options.
The I-285 transit study is “a pivotal step in shaping how we address the region’s growing need for expanded and reliable public transportation,” Collie Greenwood, MARTA general manager and CEO, said in an update today. “By tapping into the funded Express Lanes infrastructure investments already planned for I-285, we have an opportunity to provide efficient transit solutions that benefit residents and commuters alike.”
Another focus of the study will identify needed improvements—such as optimal station and ramp locations, along with potential funding sources—for making I-285 transit access a viable reality.
According to GDOT, a procurement and construction schedule for the project’s initial phases is being put together now. The express lanes are expected to be rolled out in three different phases.
A final study report on transportation options along I-285’s northern arc is scheduled to be completed next summer.
Anyone interested in submitting input on the I-285 project should do so either in-person or online (see bottom of this page) by Dec. 18, according to MARTA.
The three upcoming meetings for the I-285 Express Lanes Transit Study can be viewed virtually at this link. Details for the in-person gatherings are as follows, per MARTA:
Wednesday, Dec. 4
5:30 to 7:30 p.m.
Smyrna Community Center
1250 Powder Springs St., Smyrna
Accessible via CobbLinc Route 25
…
Thursday, Dec. 5, 2024
11 a.m. to 1 p.m.
Hampton Inn Perimeter Center
769 Hammond Dr. NE, Atlanta
Accessible via MARTA Red Line, Route 150, and Xpress Route 401
…
Thursday, Dec. 5, 2024
5:30 to 7:30 p.m.
Clarkston Community Center
3701 College Ave., Clarkston
Accessible via MARTA Routes 120, 125
…
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• Spotted in the wild: MARTA’s sleek, more functional new railcars! (Urbanize Atlanta)
I-285 Express Lanes transit project shows signs of life
Josh Green
Mon, 11/11/2024 – 16:23
A state, regional, and local initiative that aims to build transit options along 33 and ½ miles of Atlanta’s Interstate 285 loop is entering a new phase, with a goal of better preparing the region for future growth.
Officials with MARTA, the Georgia Department of Transportation, and the Atlanta-region Transit Link Authority, or ATL, today announced a series of meetings scheduled for early December to gather public feedback on the I-285 Express Lanes Transit Study’s preliminary plans.
The meetings, to be held in partnership with city and county officials along the I-285 corridor, will serve to update residents and commuters on planned changes for one of Georgia’s busiest transportation corridors, the northern arc of I-285, according to MARTA.
GDOT’s I-285 Top End Express Lanes project calls for building two new express lanes, all separated by barriers, next to existing lanes around the northern arc.
The section of I-285 in question for transit spans between MARTA’s Indian Creek MARTA station near Stone Mountain (the system’s easternmost stop) and H.E. Holmes MARTA station (the westernmost stop).
The 33 and 1/2-mile scope of the I-285 Express Lanes Transit Study. Courtesy of MARTA
How the top-end express lanes would meet Ga. Highway 400 near the central business districts of Sandy Springs and Dunwoody. Georgia Department of Transportation
The ATL has been leading efforts to study how transit service could best be incorporated into the I-285 express lanes GDOT plans to build. Exactly what the transit options might look like hasn’t been finalized, but GDOT has said the new lanes will be built to accommodate bus rapid transit, or BRT. Cost estimates are also TBD.
Specifically, public transit providers that will operate in new lanes—at no additional cost to transit riders per trip—include MARTA, Xpress, and state-registered van pools. A Peach Pass will be required for drivers.
Project leaders say public input is key to refining plans for flexible, reliable transit in the corridor.
According to GDOT, more than 240,000 vehicles use the stretch of I-285 in question each weekday. The transit study area is expected to see a 42-percent population surge and 33-percent bump in job growth by 2050, which MARTA says underscores the need for better transit options.
The I-285 transit study is “a pivotal step in shaping how we address the region’s growing need for expanded and reliable public transportation,” Collie Greenwood, MARTA general manager and CEO, said in an update today. “By tapping into the funded Express Lanes infrastructure investments already planned for I-285, we have an opportunity to provide efficient transit solutions that benefit residents and commuters alike.”
How the tolled, elevated express highway lanes would be laced into the Cobb Cloverleaf section of Interstate 75. Georgia Department of Transportation
Another focus of the study will identify needed improvements—such as optimal station and ramp locations, along with potential funding sources—for making I-285 transit access a viable reality.
According to GDOT, a procurement and construction schedule for the project’s initial phases is being put together now. The express lanes are expected to be rolled out in three different phases.
A final study report on transportation options along I-285’s northern arc is scheduled to be completed next summer.
Anyone interested in submitting input on the I-285 project should do so either in-person or online (see bottom of this page) by Dec. 18, according to MARTA.
The three upcoming meetings for the I-285 Express Lanes Transit Study can be viewed virtually at this link. Details for the in-person gatherings are as follows, per MARTA:
Wednesday, Dec. 4
5:30 to 7:30 p.m.
Smyrna Community Center
1250 Powder Springs St., Smyrna
Accessible via CobbLinc Route 25
…
Thursday, Dec. 5, 2024
11 a.m. to 1 p.m.
Hampton Inn Perimeter Center
769 Hammond Dr. NE, Atlanta
Accessible via MARTA Red Line, Route 150, and Xpress Route 401
…
Thursday, Dec. 5, 2024
5:30 to 7:30 p.m.
Clarkston Community Center
3701 College Ave., Clarkston
Accessible via MARTA Routes 120, 125
…
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Georgia Department of Transportation
Interstate 285
I-285
I-285 Top End Express Lanes
Alternate Transportation
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Cobb County
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The 33 and 1/2-mile scope of the I-285 Express Lanes Transit Study. Courtesy of MARTA
How the top-end express lanes would meet Ga. Highway 400 near the central business districts of Sandy Springs and Dunwoody. Georgia Department of Transportation
Where the elevated express lanes would rise from at-grade sections and take flight over Cobb Parkway, as seen heading clockwise around the Perimeter, per GDOT’s conceptual video. Georgia Department of Transportation
Another elevated Cobb County section at Cumberland Boulevard. Georgia Department of Transportation
How the tolled, elevated express highway lanes would be laced into the Cobb Cloverleaf section of Interstate 75. Georgia Department of Transportation
Subtitle
Transit services proposed along one of Georgia’s busiest corridors; public meetings set
Neighborhood
MARTA
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I-285 Express Lanes transit project shows signs of life
Josh Green
Mon, 11/11/2024 – 16:23
A state, regional, and local initiative that aims to build transit options along 33 and ½ miles of Atlanta’s Interstate 285 loop is entering a new phase, with a goal of better preparing the region for future growth.
Officials with MARTA, the Georgia Department of Transportation, and the Atlanta-region Transit Link Authority, or ATL, today announced a series of meetings scheduled for early December to gather public feedback on the I-285 Express Lanes Transit Study’s preliminary plans.
The meetings, to be held in partnership with city and county officials along the I-285 corridor, will serve to update residents and commuters on planned changes for one of Georgia’s busiest transportation corridors, the northern arc of I-285, according to MARTA.
GDOT’s I-285 Top End Express Lanes project calls for building two new express lanes, all separated by barriers, next to existing lanes around the northern arc.
The section of I-285 in question for transit spans between MARTA’s Indian Creek MARTA station near Stone Mountain (the system’s easternmost stop) and H.E. Holmes MARTA station (the westernmost stop).
The 33 and 1/2-mile scope of the I-285 Express Lanes Transit Study. Courtesy of MARTA
How the top-end express lanes would meet Ga. Highway 400 near the central business districts of Sandy Springs and Dunwoody. Georgia Department of Transportation
The ATL has been leading efforts to study how transit service could best be incorporated into the I-285 express lanes GDOT plans to build. Exactly what the transit options might look like hasn’t been finalized, but GDOT has said the new lanes will be built to accommodate bus rapid transit, or BRT. Cost estimates are also TBD.
Specifically, public transit providers that will operate in new lanes—at no additional cost to transit riders per trip—include MARTA, Xpress, and state-registered van pools. A Peach Pass will be required for drivers.
Project leaders say public input is key to refining plans for flexible, reliable transit in the corridor.
According to GDOT, more than 240,000 vehicles use the stretch of I-285 in question each weekday. The transit study area is expected to see a 42-percent population surge and 33-percent bump in job growth by 2050, which MARTA says underscores the need for better transit options.
The I-285 transit study is “a pivotal step in shaping how we address the region’s growing need for expanded and reliable public transportation,” Collie Greenwood, MARTA general manager and CEO, said in an update today. “By tapping into the funded Express Lanes infrastructure investments already planned for I-285, we have an opportunity to provide efficient transit solutions that benefit residents and commuters alike.”
How the tolled, elevated express highway lanes would be laced into the Cobb Cloverleaf section of Interstate 75. Georgia Department of Transportation
Another focus of the study will identify needed improvements—such as optimal station and ramp locations, along with potential funding sources—for making I-285 transit access a viable reality.
According to GDOT, a procurement and construction schedule for the project’s initial phases is being put together now. The express lanes are expected to be rolled out in three different phases.
A final study report on transportation options along I-285’s northern arc is scheduled to be completed next summer.
Anyone interested in submitting input on the I-285 project should do so either in-person or online (see bottom of this page) by Dec. 18, according to MARTA.
The three upcoming meetings for the I-285 Express Lanes Transit Study can be viewed virtually at this link. Details for the in-person gatherings are as follows, per MARTA:
Wednesday, Dec. 4
5:30 to 7:30 p.m.
Smyrna Community Center
1250 Powder Springs St., Smyrna
Accessible via CobbLinc Route 25
…
Thursday, Dec. 5, 2024
11 a.m. to 1 p.m.
Hampton Inn Perimeter Center
769 Hammond Dr. NE, Atlanta
Accessible via MARTA Red Line, Route 150, and Xpress Route 401
…
Thursday, Dec. 5, 2024
5:30 to 7:30 p.m.
Clarkston Community Center
3701 College Ave., Clarkston
Accessible via MARTA Routes 120, 125
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Spotted in the wild: MARTA’s sleek, more functional new railcars! (Urbanize Atlanta)
Tags
MARTA
GDOT
Georgia Department of Transportation
Interstate 285
I-285
I-285 Top End Express Lanes
Alternate Transportation
Alternative Transportation
Atlanta Transit
BRT
Bus Rapid Transit
ATL
Atlanta Transit Link Authority
Cobb County
DeKalb County
Fulton County
MMIP
Major Mobility Investment Program
Images
The 33 and 1/2-mile scope of the I-285 Express Lanes Transit Study. Courtesy of MARTA
How the top-end express lanes would meet Ga. Highway 400 near the central business districts of Sandy Springs and Dunwoody. Georgia Department of Transportation
Where the elevated express lanes would rise from at-grade sections and take flight over Cobb Parkway, as seen heading clockwise around the Perimeter, per GDOT’s conceptual video. Georgia Department of Transportation
Another elevated Cobb County section at Cumberland Boulevard. Georgia Department of Transportation
How the tolled, elevated express highway lanes would be laced into the Cobb Cloverleaf section of Interstate 75. Georgia Department of Transportation
Subtitle
Transit services proposed along one of Georgia’s busiest corridors; public meetings set
Neighborhood
MARTA
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Metro’s fourth RENDER project a go next to TV, film studios
Metro’s fourth RENDER project a go next to TV, film studios
Metro’s fourth RENDER project a go next to TV, film studios
Josh Green
Mon, 11/11/2024 – 13:42
Developer interest in Atlanta’s western suburbs near several regional attractions continues.
Charlotte-based, mixed-use developer Crescent Communities has closed on land about 20 miles west of downtown to build its fourth RENDER-branded project in the metro.
RENDER Douglasville is slated to take shape at 2553 Fairburn Road as part of The Foxfield Company’s 59-acre The Trails development, which includes the new 500,000-square-foot Great Point Studios film complex anchored by Lionsgate.
Other points of interest in the area include Sweetwater Creek State Park, Six Flags Over Georgia, and downtown Douglasville. The city is the quickly growing county seat and largest city in Douglas County, counting an estimated population of 40,500—or twice what it was in the year 2000.
Situated south of Interstate 20, about four miles from the state park, the 300-unit RENDER Douglasville calls for five buildings standing four stories each, with greenspaces and a connection to the Douglas County Trail System, according to Crescent officials.
The RENDER project line is Crescent’s more approachable, less expensive suburban product, whereas the company’s multifamily NOVEL brand aims to deliver more luxurious, Class A offerings in denser, urban environments.
Perks of the Douglasville project will include a resort-style pool and clubhouse and communal outdoor spaces for movie nights, concerts, and food truck events, per developers.
The broader The Trails development is expected to include a 60,000-square-foot commercial village, a hotel, office spaces, and for-sale townhomes, all linked together by walking trails and sidewalks.
RENDER Douglasville’s apartments are scheduled to deliver in early 2026, per Crescent reps. Financial partners in the project include CIBC, Phoenix Capital Management, and Great Southern Bank, while Crescent Communities Construction is on board as general contractor.
Closer to Atlanta’s core, Crescent opened Novel West Midtown last fall and sold off the high-rise Novel Midtown in the fourth quarter of last year, fetching the city’s highest price for a multifamily community in 2023.
Elsewhere in the metro, the developer has finished a project called RENDER Covington, while RENDER Stockbridge and RENDER Turner Lake are under construction and slated to open in 2025.
Crescent has been active in the Atlanta market for decades, with a dozen completed or forthcoming projects in its portfolio totaling more than 3,000 units. In announcing RENDER Douglasville, Eric Liebendorfer, Crescent’s managing director for Georgia, said the company will “continue to prioritize vigorous growth in the region” moving forward.
…
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• Douglasville news, discussion (Urbanize Atlanta)
Metro’s fourth RENDER project a go next to TV, film studios
Josh Green
Mon, 11/11/2024 – 13:42
Developer interest in Atlanta’s western suburbs near several regional attractions continues.
Charlotte-based, mixed-use developer Crescent Communities has closed on land about 20 miles west of downtown to build its fourth RENDER-branded project in the metro.
RENDER Douglasville is slated to take shape at 2553 Fairburn Road as part of The Foxfield Company’s 59-acre The Trails development, which includes the new 500,000-square-foot Great Point Studios film complex anchored by Lionsgate.
Other points of interest in the area include Sweetwater Creek State Park, Six Flags Over Georgia, and downtown Douglasville. The city is the quickly growing county seat and largest city in Douglas County, counting an estimated population of 40,500—or twice what it was in the year 2000.
Courtesy of Crescent Communities
RENDER Douglasville’s 2553 Fairburn Road location due west of downtown Atlanta. Google Maps
Situated south of Interstate 20, about four miles from the state park, the 300-unit RENDER Douglasville calls for five buildings standing four stories each, with greenspaces and a connection to the Douglas County Trail System, according to Crescent officials.
The RENDER project line is Crescent’s more approachable, less expensive suburban product, whereas the company’s multifamily NOVEL brand aims to deliver more luxurious, Class A offerings in denser, urban environments.
Perks of the Douglasville project will include a resort-style pool and clubhouse and communal outdoor spaces for movie nights, concerts, and food truck events, per developers.
The broader The Trails development is expected to include a 60,000-square-foot commercial village, a hotel, office spaces, and for-sale townhomes, all linked together by walking trails and sidewalks.
Entry to the studio-anchored The Trails complex, as seen early this year. Google Maps
Courtesy of Crescent Communities
RENDER Douglasville’s apartments are scheduled to deliver in early 2026, per Crescent reps. Financial partners in the project include CIBC, Phoenix Capital Management, and Great Southern Bank, while Crescent Communities Construction is on board as general contractor.
Closer to Atlanta’s core, Crescent opened Novel West Midtown last fall and sold off the high-rise Novel Midtown in the fourth quarter of last year, fetching the city’s highest price for a multifamily community in 2023.
Elsewhere in the metro, the developer has finished a project called RENDER Covington, while RENDER Stockbridge and RENDER Turner Lake are under construction and slated to open in 2025.
Crescent has been active in the Atlanta market for decades, with a dozen completed or forthcoming projects in its portfolio totaling more than 3,000 units. In announcing RENDER Douglasville, Eric Liebendorfer, Crescent’s managing director for Georgia, said the company will “continue to prioritize vigorous growth in the region” moving forward.
…
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• Douglasville news, discussion (Urbanize Atlanta)
Tags
2553 Fairburn Road
Douglasville
Render Douglasville
Ga. Highway 92
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Lionsgate
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The Trails
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Novel West Midtown
Render
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RENDER Douglasville’s 2553 Fairburn Road location due west of downtown Atlanta. Google Maps
Courtesy of Crescent Communities
Courtesy of Crescent Communities
Entry to the studio-anchored The Trails complex, as seen early this year. Google Maps
Subtitle
Douglasville development to rise in The Trails complex anchored by Lionsgate
Neighborhood
OTP
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Before/After Images
Sponsored Post
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Metro’s fourth RENDER project a go next to TV, film studios
Josh Green
Mon, 11/11/2024 – 13:42
Developer interest in Atlanta’s western suburbs near several regional attractions continues.
Charlotte-based, mixed-use developer Crescent Communities has closed on land about 20 miles west of downtown to build its fourth RENDER-branded project in the metro.
RENDER Douglasville is slated to take shape at 2553 Fairburn Road as part of The Foxfield Company’s 59-acre The Trails development, which includes the new 500,000-square-foot Great Point Studios film complex anchored by Lionsgate.
Other points of interest in the area include Sweetwater Creek State Park, Six Flags Over Georgia, and downtown Douglasville. The city is the quickly growing county seat and largest city in Douglas County, counting an estimated population of 40,500—or twice what it was in the year 2000.
Courtesy of Crescent Communities
RENDER Douglasville’s 2553 Fairburn Road location due west of downtown Atlanta. Google Maps
Situated south of Interstate 20, about four miles from the state park, the 300-unit RENDER Douglasville calls for five buildings standing four stories each, with greenspaces and a connection to the Douglas County Trail System, according to Crescent officials.
The RENDER project line is Crescent’s more approachable, less expensive suburban product, whereas the company’s multifamily NOVEL brand aims to deliver more luxurious, Class A offerings in denser, urban environments.
Perks of the Douglasville project will include a resort-style pool and clubhouse and communal outdoor spaces for movie nights, concerts, and food truck events, per developers.
The broader The Trails development is expected to include a 60,000-square-foot commercial village, a hotel, office spaces, and for-sale townhomes, all linked together by walking trails and sidewalks.
Entry to the studio-anchored The Trails complex, as seen early this year. Google Maps
Courtesy of Crescent Communities
RENDER Douglasville’s apartments are scheduled to deliver in early 2026, per Crescent reps. Financial partners in the project include CIBC, Phoenix Capital Management, and Great Southern Bank, while Crescent Communities Construction is on board as general contractor.
Closer to Atlanta’s core, Crescent opened Novel West Midtown last fall and sold off the high-rise Novel Midtown in the fourth quarter of last year, fetching the city’s highest price for a multifamily community in 2023.
Elsewhere in the metro, the developer has finished a project called RENDER Covington, while RENDER Stockbridge and RENDER Turner Lake are under construction and slated to open in 2025.
Crescent has been active in the Atlanta market for decades, with a dozen completed or forthcoming projects in its portfolio totaling more than 3,000 units. In announcing RENDER Douglasville, Eric Liebendorfer, Crescent’s managing director for Georgia, said the company will “continue to prioritize vigorous growth in the region” moving forward.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Douglasville news, discussion (Urbanize Atlanta)
Tags
2553 Fairburn Road
Douglasville
Render Douglasville
Ga. Highway 92
Great Point Studios
Lionsgate
Crescent Communities
The Trails
OTP
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Suburban Development
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Novel West Midtown
Render
RENDER Stockbridge
Render Turner Lake
The Foxfield Company
CIBC
Great Southern Bank
Phoenix Capital Management
Crescent Communities Construction
WellStar Douglas Medical Center
Douglas County
Douglas County Development
Douglasville Development
Images
RENDER Douglasville’s 2553 Fairburn Road location due west of downtown Atlanta. Google Maps
Courtesy of Crescent Communities
Courtesy of Crescent Communities
Entry to the studio-anchored The Trails complex, as seen early this year. Google Maps
Subtitle
Douglasville development to rise in The Trails complex anchored by Lionsgate
Neighborhood
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Investor Duo Spends $171.4M on SE Retail Portfolio
Investor Duo Spends $171.4M on SE Retail Portfolio
CBRE arranged a $171.4 million loan to refinance the “Southeast Grocery-Anchored Portfolio” (Portfolio), which includes eight properties located throughout Tennessee, Kentucky, Georgia and Florida. The portfolio totals nearly 1.2 million square feet of retail space and was 96.6% leased at the time of the transaction.
The CBRE team, consisting of Richard Henry, Mike Ryan, Brian Linnihan, and Taylor Crowder, represented Branch Properties and Corebridge Real Estate Investors, the owners of the Portfolio. PGIM provided the loan.
The Southeast Grocery-Anchored Portfolio is a highly diversified portfolio totaling eight properties and 194 tenants, with grocery anchors including Publix, Kroger and Whole Foods, across high-growth southeastern markets, including Bradenton, FL; Sarasota, FL; Melbourne, FL; Palm Coast, FL; Atlanta, GA; Gainesville, GA; Lexington, KY; Memphis, TN; and Knoxville, TN.
The post Investor Duo Spends $171.4M on SE Retail Portfolio appeared first on Connect CRE.
CBRE arranged a $171.4 million loan to refinance the “Southeast Grocery-Anchored Portfolio” (Portfolio), which includes eight properties located throughout Tennessee, Kentucky, Georgia and Florida. The portfolio totals nearly 1.2 million square feet of retail space and was 96.6% leased at the time of the transaction. The CBRE team, consisting of Richard Henry, Mike Ryan, Brian Linnihan, and Taylor Crowder, …
The post Investor Duo Spends $171.4M on SE Retail Portfolio appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
CBRE arranged a $171.4 million loan to refinance the “Southeast Grocery-Anchored Portfolio” (Portfolio), which includes eight properties located throughout Tennessee, Kentucky, Georgia and Florida. The portfolio totals nearly 1.2 million square feet of retail space and was 96.6% leased at the time of the transaction. The CBRE team, consisting of Richard Henry, Mike Ryan, Brian Linnihan, and Taylor Crowder, …
The post Investor Duo Spends $171.4M on SE Retail Portfolio appeared first on Connect CRE.
Beltline study whittles down potential transit stop locations, more
Beltline study whittles down potential transit stop locations, more
Beltline study whittles down potential transit stop locations, more
Josh Green
Mon, 11/11/2024 – 08:17
An analysis that could be the first step toward transforming mobility options across huge sections of Atlanta is making progress. Project leaders are now seeking public input to help determine where it goes next.
Atlanta Beltline Inc. kicked off the Beltline Transit Study in September 2023 to analyze the potential future of mobility around all sections of the 22-mile loop, excluding the northeast quadrant from Old Fourth Ward up to the Lindbergh area, where MARTA is conducting its own transit study.
Alongside a consultant team lead by Kimley-Horn, the Beltline has wrapped the study’s first phase. It pinpoints where transit routes could go—and where up to 21 stops could be located—but it doesn’t specify which mode of transportation would be used.
That’s where the general public’s input comes in.
The Beltline Transit Study survey will be available online until Dec. 1 as a means of gathering 2 cents from Atlantans with an interest in the Beltline’s transit future. (Our test-run took seven minutes total.) It’s a chance for Beltline users to share thoughts on transit alignments, station locations, and routes, and to input data on Beltline usage today, and future transportation and travel modes.
“By participating in the survey,” officials note, “you’ll play a key role in helping the Beltline shape the future of Atlanta’s transit.”
The study focuses on corridors broken down into northwest, southwest, and southeast, and it aims to reflect the needs and future transit use that’s unique to each part of town.
Clockwise, the 13 total miles analyzed span from Glenwood Park, just south of Interstate 20 on the eastside, around to Bankhead and up into Buckhead near MARTA’s Lindbergh Center station.
For the southeast section, stretching from Glenwood Park around to West End, 14 stations initially proposed have been whittled down to seven.
In the southwest quadrant, analysts have recommended that six stations move forward, dotted from near the Lee + White mixed-use district up to Donald Lee Hollowell Parkway.
Lastly, the northwest quadrant is trickiest. That’s where a transit route will have to weave through residential districts without use of a former rail corridor, like the Beltline trail itself in the area.
Analysts have narrowed down 18 potential routes for that corridor to five alternatives. Four of those would link to Atlantic Station, while one would remain farther north.
“Each alignment,” Beltline planners note, “has the potential to connect to the proposed MARTA infill station at Armour Yards or, if necessary, reach the Lindbergh Center MARTA station.”
According to the latest study timeline, funding options for transit routes will be explored next year, and all work including financial planning and ridership forecasting is expected to wrap by late 2025.
Beltline officials will use engineers’ and public input to reveal a Locally Preferred Alternative at that time.
…
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Beltline study whittles down potential transit stop locations, more
Josh Green
Mon, 11/11/2024 – 08:17
An analysis that could be the first step toward transforming mobility options across huge sections of Atlanta is making progress. Project leaders are now seeking public input to help determine where it goes next.
Atlanta Beltline Inc. kicked off the Beltline Transit Study in September 2023 to analyze the potential future of mobility around all sections of the 22-mile loop, excluding the northeast quadrant from Old Fourth Ward up to the Lindbergh area, where MARTA is conducting its own transit study.
Alongside a consultant team lead by Kimley-Horn, the Beltline has wrapped the study’s first phase. It pinpoints where transit routes could go—and where up to 21 stops could be located—but it doesn’t specify which mode of transportation would be used.
That’s where the general public’s input comes in.
The Beltline Transit Study survey will be available online until Dec. 1 as a means of gathering 2 cents from Atlantans with an interest in the Beltline’s transit future. (Our test-run took seven minutes total.) It’s a chance for Beltline users to share thoughts on transit alignments, station locations, and routes, and to input data on Beltline usage today, and future transportation and travel modes.
“By participating in the survey,” officials note, “you’ll play a key role in helping the Beltline shape the future of Atlanta’s transit.”
Overview of the roughly 13-mile corridor being studied. Atlanta BeltLine Inc.
The study focuses on corridors broken down into northwest, southwest, and southeast, and it aims to reflect the needs and future transit use that’s unique to each part of town.
Clockwise, the 13 total miles analyzed span from Glenwood Park, just south of Interstate 20 on the eastside, around to Bankhead and up into Buckhead near MARTA’s Lindbergh Center station.
For the southeast section, stretching from Glenwood Park around to West End, 14 stations initially proposed have been whittled down to seven.
Where current, tentative plans call for seven stations to be placed in the southeast corridor. Atlanta BeltLine Inc.
In the southwest quadrant, analysts have recommended that six stations move forward, dotted from near the Lee + White mixed-use district up to Donald Lee Hollowell Parkway.
The six draft station locations planners have recommended to move forward in the study’s southwest quadrant.Atlanta BeltLine Inc.
Lastly, the northwest quadrant is trickiest. That’s where a transit route will have to weave through residential districts without use of a former rail corridor, like the Beltline trail itself in the area.
Analysts have narrowed down 18 potential routes for that corridor to five alternatives. Four of those would link to Atlantic Station, while one would remain farther north.
The northwest corridor’s five potential transit alignments. Atlanta BeltLine Inc.
“Each alignment,” Beltline planners note, “has the potential to connect to the proposed MARTA infill station at Armour Yards or, if necessary, reach the Lindbergh Center MARTA station.”
According to the latest study timeline, funding options for transit routes will be explored next year, and all work including financial planning and ridership forecasting is expected to wrap by late 2025.
Beltline officials will use engineers’ and public input to reveal a Locally Preferred Alternative at that time.
Light-rail operations and potential look of a stop shown near Pittsburgh Yards on the Southside Trail. Atlanta BeltLine Inc.
Atlanta BeltLine Inc.
…
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Tags
Beltline Transit
Beltline Transit Study
Alternate Transportation
Beltline
Atlanta BeltLine
Kimley-Horn
Kimley Horn
Kimley-Horn & Associates
Atlanta Transit
Atlanta Transportation
Images
Overview of the roughly 13-mile corridor being studied. Atlanta BeltLine Inc.
Light-rail operations and potential look of a stop shown near Pittsburgh Yards on the Southside Trail. Atlanta BeltLine Inc.
The six draft station locations planners have recommended to move forward in the study’s southwest quadrant.Atlanta BeltLine Inc.
Where current, tentative plans call for seven stations to be placed in the southeast corridor. Atlanta BeltLine Inc.
The northwest corridor’s five potential transit alignments. Atlanta BeltLine Inc.
Atlanta BeltLine Inc.
Subtitle
Planners seek 2 cents from general public on 13-mile transportation system plans
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Beltline study whittles down potential transit stop locations, more
Josh Green
Mon, 11/11/2024 – 08:17
An analysis that could be the first step toward transforming mobility options across huge sections of Atlanta is making progress. Project leaders are now seeking public input to help determine where it goes next.
Atlanta Beltline Inc. kicked off the Beltline Transit Study in September 2023 to analyze the potential future of mobility around all sections of the 22-mile loop, excluding the northeast quadrant from Old Fourth Ward up to the Lindbergh area, where MARTA is conducting its own transit study.
Alongside a consultant team lead by Kimley-Horn, the Beltline has wrapped the study’s first phase. It pinpoints where transit routes could go—and where up to 21 stops could be located—but it doesn’t specify which mode of transportation would be used.
That’s where the general public’s input comes in.
The Beltline Transit Study survey will be available online until Dec. 1 as a means of gathering 2 cents from Atlantans with an interest in the Beltline’s transit future. (Our test-run took seven minutes total.) It’s a chance for Beltline users to share thoughts on transit alignments, station locations, and routes, and to input data on Beltline usage today, and future transportation and travel modes.
“By participating in the survey,” officials note, “you’ll play a key role in helping the Beltline shape the future of Atlanta’s transit.”
Overview of the roughly 13-mile corridor being studied. Atlanta BeltLine Inc.
The study focuses on corridors broken down into northwest, southwest, and southeast, and it aims to reflect the needs and future transit use that’s unique to each part of town.
Clockwise, the 13 total miles analyzed span from Glenwood Park, just south of Interstate 20 on the eastside, around to Bankhead and up into Buckhead near MARTA’s Lindbergh Center station.
For the southeast section, stretching from Glenwood Park around to West End, 14 stations initially proposed have been whittled down to seven.
Where current, tentative plans call for seven stations to be placed in the southeast corridor. Atlanta BeltLine Inc.
In the southwest quadrant, analysts have recommended that six stations move forward, dotted from near the Lee + White mixed-use district up to Donald Lee Hollowell Parkway.
The six draft station locations planners have recommended to move forward in the study’s southwest quadrant.Atlanta BeltLine Inc.
Lastly, the northwest quadrant is trickiest. That’s where a transit route will have to weave through residential districts without use of a former rail corridor, like the Beltline trail itself in the area.
Analysts have narrowed down 18 potential routes for that corridor to five alternatives. Four of those would link to Atlantic Station, while one would remain farther north.
The northwest corridor’s five potential transit alignments. Atlanta BeltLine Inc.
“Each alignment,” Beltline planners note, “has the potential to connect to the proposed MARTA infill station at Armour Yards or, if necessary, reach the Lindbergh Center MARTA station.”
According to the latest study timeline, funding options for transit routes will be explored next year, and all work including financial planning and ridership forecasting is expected to wrap by late 2025.
Beltline officials will use engineers’ and public input to reveal a Locally Preferred Alternative at that time.
Light-rail operations and potential look of a stop shown near Pittsburgh Yards on the Southside Trail. Atlanta BeltLine Inc.
Atlanta BeltLine Inc.
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Overview of the roughly 13-mile corridor being studied. Atlanta BeltLine Inc.
Light-rail operations and potential look of a stop shown near Pittsburgh Yards on the Southside Trail. Atlanta BeltLine Inc.
The six draft station locations planners have recommended to move forward in the study’s southwest quadrant.Atlanta BeltLine Inc.
Where current, tentative plans call for seven stations to be placed in the southeast corridor. Atlanta BeltLine Inc.
The northwest corridor’s five potential transit alignments. Atlanta BeltLine Inc.
Atlanta BeltLine Inc.
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Planners seek 2 cents from general public on 13-mile transportation system plans
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Charlotte Office Complex Trades for $328.5M
Charlotte Office Complex Trades for $328.5M
Cousins Properties purchased Vantage South End, a 639,000-square-foot office complex in Charlotte, for $328.5 million. The sellers were Invesco Real Estate and The Spectrum Cos.
The duo completed the two-building campus in 2021 and 2022. Rodgers Buildings was the general contractor, and LS3P Associates was the design firm. Initial plans for the property also included an 11-story, 200-key boutique hotel.
Vantage South End comprises two 11-story buildings that feature 45,000 square feet of retail space, a 1-acre park, 18 outdoor terraces, several fitness and conference centers, and multiple on-site dining options.
Commercial Edge reports the office complex is 97.4 percent leased with a weighted average lease term of more than nine years. Tenants include CBRE, LendingTree, Alston & Bird and Hartford Insurance.
The office complex at 1415 Vantage Park Drive and 1120 S. Tryon St. is the site of Centene’s former headquarters.
The post Charlotte Office Complex Trades for $328.5M appeared first on Connect CRE.
Cousins Properties purchased Vantage South End, a 639,000-square-foot office complex in Charlotte, for $328.5 million. The sellers were Invesco Real Estate and The Spectrum Cos. The duo completed the two-building campus in 2021 and 2022. Rodgers Buildings was the general contractor, and LS3P Associates was the design firm. Initial plans for the property also included …
The post Charlotte Office Complex Trades for $328.5M appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Cousins Properties purchased Vantage South End, a 639,000-square-foot office complex in Charlotte, for $328.5 million. The sellers were Invesco Real Estate and The Spectrum Cos. The duo completed the two-building campus in 2021 and 2022. Rodgers Buildings was the general contractor, and LS3P Associates was the design firm. Initial plans for the property also included …
The post Charlotte Office Complex Trades for $328.5M appeared first on Connect CRE.
What $10B in new Midtown ATL development looks like
What $10B in new Midtown ATL development looks like
What $10B in new Midtown ATL development looks like
Josh Green
Fri, 11/08/2024 – 16:36
In a move that’s sure to delight Atlanta development fanatics, Midtown Alliance has updated its visual summary for a subsection of the city that’s been transformed by large-scale private investment in recent years like no other.
According to the nonprofit coalition of business and community leaders, an estimated $10.3 billion has been invested over the past six years alone in the 1.2-square-mile Midtown Improvement District, or what’s generally considered the neighborhood’s commercial core.
Per Midtown Alliance’s tabulation, 53 projects have been delivered in that area since 2018, with another eight under construction now. Elsewhere, eight large-scale proposals are in the pipeline.
From a bird’s perspective, that looks like this, generally speaking:
An interesting note highlighted by Midtown Alliance today is the remarkable impact student housing has made on the subdistrict in less than a decade.
Since the first major development in the student-housing category delivered in 2015—Spring Street’s University House, with its game room and poolside Jumbotron that seemed astonishingly luxurious at the time—amenity-packed, high-rise student buildings have popped up across Midtown, from former parking lots near SCAD to the edge of downtown.
Midtown Alliance estimates that between 6,000 and 7,000 of all of Midtown’s 27,000 residents are now college students.
On a related note, a Landmark Properties proposal that came to light this week just north of the original, iconic The Varsity location is scheduled to be vetted Tuesday by the Midtown Development Review Committee.
An agenda for the DRC’s monthly meeting provides insight into exactly what that development might entail.
Landmark Properties’ fourth intown student-housing project would stand 34 stories over the Connector at 680 Spring St., rising in a U-shaped pattern with views down to Georgia Tech.
Plans call for 560 units, with a total of 1,992 bedrooms, per the DRC. Roughly 8,100 square feet of retail space would be situated at the corners of the building, with a leasing area in between.
Current designs call for a parking podium standing six and ½ stories with 554 spaces for vehicles. Three sides of the parking structure would be wrapped with apartments, leaving the highway-facing façade exposed.
Pedestrian and bicycle access would be provided from three sides of the building, with a large bike facility situated at the southeast corner, per the DRC agenda.
Find a new perspective on how the tower could lord over the Connector over here.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Midtown news, discussion (Urbanize Atlanta)
What $10B in new Midtown ATL development looks like
Josh Green
Fri, 11/08/2024 – 16:36
In a move that’s sure to delight Atlanta development fanatics, Midtown Alliance has updated its visual summary for a subsection of the city that’s been transformed by large-scale private investment in recent years like no other.
According to the nonprofit coalition of business and community leaders, an estimated $10.3 billion has been invested over the past six years alone in the 1.2-square-mile Midtown Improvement District, or what’s generally considered the neighborhood’s commercial core.
Per Midtown Alliance’s tabulation, 53 projects have been delivered in that area since 2018, with another eight under construction now. Elsewhere, eight large-scale proposals are in the pipeline.
From a bird’s perspective, that looks like this, generally speaking:
Overview of core Midtown development over the past six years, with the recent proposal neighboring The Varsity and the under-construction, two-tower Middle Street Partners project near Piedmont Park not shown. Courtesy of Midtown Alliance
An interesting note highlighted by Midtown Alliance today is the remarkable impact student housing has made on the subdistrict in less than a decade.
Since the first major development in the student-housing category delivered in 2015—Spring Street’s University House, with its game room and poolside Jumbotron that seemed astonishingly luxurious at the time—amenity-packed, high-rise student buildings have popped up across Midtown, from former parking lots near SCAD to the edge of downtown.
Midtown Alliance estimates that between 6,000 and 7,000 of all of Midtown’s 27,000 residents are now college students.
Courtesy of Midtown Alliance
On a related note, a Landmark Properties proposal that came to light this week just north of the original, iconic The Varsity location is scheduled to be vetted Tuesday by the Midtown Development Review Committee.
An agenda for the DRC’s monthly meeting provides insight into exactly what that development might entail.
Landmark Properties’ fourth intown student-housing project would stand 34 stories over the Connector at 680 Spring St., rising in a U-shaped pattern with views down to Georgia Tech.
Plans call for 560 units, with a total of 1,992 bedrooms, per the DRC. Roughly 8,100 square feet of retail space would be situated at the corners of the building, with a leasing area in between.
Rendering showing perspective from the south for the 1,992-bed proposal. Courtesy of Landmark Properties; designs, CNNA Architects
Current designs call for a parking podium standing six and ½ stories with 554 spaces for vehicles. Three sides of the parking structure would be wrapped with apartments, leaving the highway-facing façade exposed.
Pedestrian and bicycle access would be provided from three sides of the building, with a large bike facility situated at the southeast corner, per the DRC agenda.
Find a new perspective on how the tower could lord over the Connector over here.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Midtown news, discussion (Urbanize Atlanta)
Tags
61 North Avenue NW
The Varsity
Midtown
Development
Big Deals
Spring Street
Atlanta Parking Lots
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Atlanta Restaurants
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Midtown Alliance
AJC
Any Big Ideas
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Images
Overview of core Midtown development over the past six years, with the recent proposal neighboring The Varsity and the under-construction, two-tower Middle Street Partners project near Piedmont Park not shown. Courtesy of Midtown Alliance
Courtesy of Midtown Alliance
Rendering showing perspective from the south for the 1,992-bed proposal. Courtesy of Landmark Properties; designs, CNNA Architects
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Plus, more details emerge for towering proposal next to The Varsity
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What $10B in new Midtown ATL development looks like
Josh Green
Fri, 11/08/2024 – 16:36
In a move that’s sure to delight Atlanta development fanatics, Midtown Alliance has updated its visual summary for a subsection of the city that’s been transformed by large-scale private investment in recent years like no other.
According to the nonprofit coalition of business and community leaders, an estimated $10.3 billion has been invested over the past six years alone in the 1.2-square-mile Midtown Improvement District, or what’s generally considered the neighborhood’s commercial core.
Per Midtown Alliance’s tabulation, 53 projects have been delivered in that area since 2018, with another eight under construction now. Elsewhere, eight large-scale proposals are in the pipeline.
From a bird’s perspective, that looks like this, generally speaking:
Overview of core Midtown development over the past six years, with the recent proposal neighboring The Varsity and the under-construction, two-tower Middle Street Partners project near Piedmont Park not shown. Courtesy of Midtown Alliance
An interesting note highlighted by Midtown Alliance today is the remarkable impact student housing has made on the subdistrict in less than a decade.
Since the first major development in the student-housing category delivered in 2015—Spring Street’s University House, with its game room and poolside Jumbotron that seemed astonishingly luxurious at the time—amenity-packed, high-rise student buildings have popped up across Midtown, from former parking lots near SCAD to the edge of downtown.
Midtown Alliance estimates that between 6,000 and 7,000 of all of Midtown’s 27,000 residents are now college students.
Courtesy of Midtown Alliance
On a related note, a Landmark Properties proposal that came to light this week just north of the original, iconic The Varsity location is scheduled to be vetted Tuesday by the Midtown Development Review Committee.
An agenda for the DRC’s monthly meeting provides insight into exactly what that development might entail.
Landmark Properties’ fourth intown student-housing project would stand 34 stories over the Connector at 680 Spring St., rising in a U-shaped pattern with views down to Georgia Tech.
Plans call for 560 units, with a total of 1,992 bedrooms, per the DRC. Roughly 8,100 square feet of retail space would be situated at the corners of the building, with a leasing area in between.
Rendering showing perspective from the south for the 1,992-bed proposal. Courtesy of Landmark Properties; designs, CNNA Architects
Current designs call for a parking podium standing six and ½ stories with 554 spaces for vehicles. Three sides of the parking structure would be wrapped with apartments, leaving the highway-facing façade exposed.
Pedestrian and bicycle access would be provided from three sides of the building, with a large bike facility situated at the southeast corner, per the DRC agenda.
Find a new perspective on how the tower could lord over the Connector over here.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Midtown news, discussion (Urbanize Atlanta)
Tags
61 North Avenue NW
The Varsity
Midtown
Development
Big Deals
Spring Street
Atlanta Parking Lots
Atlanta Development
Atlanta Restaurants
Varsity
Georgia Tech
Midtown Alliance
AJC
Any Big Ideas
Landmark Properties
CNNA Architects
Varsity Realty Corp.
VRC
Midtown Development
Midtown Construction
Midtown Growth
Images
Overview of core Midtown development over the past six years, with the recent proposal neighboring The Varsity and the under-construction, two-tower Middle Street Partners project near Piedmont Park not shown. Courtesy of Midtown Alliance
Courtesy of Midtown Alliance
Rendering showing perspective from the south for the 1,992-bed proposal. Courtesy of Landmark Properties; designs, CNNA Architects
Google Maps
Subtitle
Plus, more details emerge for towering proposal next to The Varsity
Neighborhood
Midtown
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Before/After Images
Sponsored Post
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