Atlanta investment fund buys Memphis hotels for $25 million
Atlanta investment fund buys Memphis hotels for $25 million
A fund managed by a metro Atlanta private equity firm has acquired a pair of Marriott hotels in Memphis for $25 million in cash.
A fund managed by a metro Atlanta private equity firm has acquired a pair of Marriott hotels in Memphis for $25 million in cash. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
A fund managed by a metro Atlanta private equity firm has acquired a pair of Marriott hotels in Memphis for $25 million in cash.
430K-SF Person County Logistics Park Sells for $61.8M
430K-SF Person County Logistics Park Sells for $61.8M
Colliers facilitated the $61.8 million sale of POLYWOOD’s 930,250-square-foot manufacturing and warehousing campus in Person County, North Carolina. Colliers’s Jimmy Ullrich, Ryan Vaught, Michael Macchia and Riley Vaught represented the sellers, Weston and Blue Vista Capital Management. Carolina Logistics Center and Tratt Properties were the buyers.
The facility will continue to serve as both a manufacturing facility and a distribution center for POLYWOOD, an outdoor furniture company. This will allow the company to continue shipping its products to customers along the East Coast.
Located at 3300 Jim Thorpe Hwy, the site is composed of two buildings, including one that is the original 430,256 square foot building utilized to extrude, manufacture, package, and distribute the POLYWOOD product. The second building is a newly completed build-to-suit 500,000-square foot facility, completing POLYWOOD’s final assembly and shipping. It features a 100,000-sq.-ft. recycling area, a 200,000-square-foot foot extrusion area, and a 200,000-square-foot finished goods area.
The project is located 30 miles north of Raleigh-Durham.
The post 430K-SF Person County Logistics Park Sells for $61.8M appeared first on Connect CRE.
Colliers facilitated the $61.8 million sale of POLYWOOD’s 930,250-square-foot manufacturing and warehousing campus in Person County, North Carolina. Colliers’s Jimmy Ullrich, Ryan Vaught, Michael Macchia and Riley Vaught represented the sellers, Weston and Blue Vista Capital Management. Carolina Logistics Center and Tratt Properties were the buyers. The facility will continue to serve as both a …
The post 430K-SF Person County Logistics Park Sells for $61.8M appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Colliers facilitated the $61.8 million sale of POLYWOOD’s 930,250-square-foot manufacturing and warehousing campus in Person County, North Carolina. Colliers’s Jimmy Ullrich, Ryan Vaught, Michael Macchia and Riley Vaught represented the sellers, Weston and Blue Vista Capital Management. Carolina Logistics Center and Tratt Properties were the buyers. The facility will continue to serve as both a …
The post 430K-SF Person County Logistics Park Sells for $61.8M appeared first on Connect CRE.
State awards $9.3 million of grants to rural development authorities
State awards $9.3 million of grants to rural development authorities
Rural communities can use the funding to conduct site studies, grade land and develop infrastructure to support industrial site development.
Rural communities can use the funding to conduct site studies, grade land and develop infrastructure to support industrial site development. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
Rural communities can use the funding to conduct site studies, grade land and develop infrastructure to support industrial site development.
State awards $9.3 million of grants to rural development authorities
State awards $9.3 million of grants to rural development authorities
Rural communities can use the funding to conduct site studies, grade land and develop infrastructure to support industrial site development.
Rural communities can use the funding to conduct site studies, grade land and develop infrastructure to support industrial site development. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
Rural communities can use the funding to conduct site studies, grade land and develop infrastructure to support industrial site development.
Developer: Big 2025 on tap for gaping hole at Atlantic Station
Developer: Big 2025 on tap for gaping hole at Atlantic Station
Developer: Big 2025 on tap for gaping hole at Atlantic Station
Josh Green
Wed, 12/04/2024 – 09:01
Atlantic Station’s evolution in recent years has included a new stack of interstate-facing apartments, throwback-style offices, and a reimagined central greenspace. Significant changes at the mixed-use mini metropolis are expected to continue in the new year, according to a development firm that owns a compelling piece of it.
Building permit paperwork filed with Atlanta’s Department of City Planning in late November indicates a dual-branded Hilton Hotels & Resorts project is gearing up to move forward at 301 17th St. in the heart of the live-work-play district.
Since Atlantic Station debuted in 2005, the development site has been little more than a sunken pit encased by the district’s underground parking complex. Two towers—the Twelve Midtown hotel and the 271 17th St. office building—stand on either side of it.
Building permit details filed with the city indicate the hotel building would stand eight stories, flagged with Hilton’s lifestyle-and-wellness focused Tempo and Tapestry Collection brands.
Tentative, early designs for Atlantic Station’s 301 17th St. revealed in 2019. Peachtree Group; designs, Wakefield Beasley & Associates
The 17th Street void in Atlantic Station’s streetscape that’s existed for nearly 20 years. Google Maps
Plans call for 282 hotel rooms total (147 at Tempo, and 135 at Tapestry), with a 242-space parking garage below. Each brand would have its own bars, lobbies, and kitchens, with shared fitness facilities on top floor, according to filings.
Atlanta-based Peachtree Group bought the 1-acre site for $3.75 million six years ago and initially floated plans in 2019 that called for a SpringHill Suites by Marriott in addition to Hilton’s Tapestry.
When asked for details on a construction timeline (and updated renderings) recently, Peachtree Group CEO and managing principal Greg Friedman replied via email that more information will be released in 2025.
“We are excited about this upcoming project,” Friedman noted.
Stay tuned…
Early designs for Atlantic Station’s 301 17th St. revealed in 2019. Peachtree Group; designs, Wakefield Beasley & Associates
The 301 17th St. site today. Google Maps
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• Atlantic Station news, discussion (Urbanize Atlanta)
The 301 17th St. site today. Google Maps
Tentative, early designs for Atlantic Station’s 301 17th St. revealed in 2019. Peachtree Group; designs, Wakefield Beasley & Associates
The 17th Street void in Atlantic Station’s streetscape that’s existed for nearly 20 years. Google Maps
Early designs for Atlantic Station’s 301 17th St. revealed in 2019. Peachtree Group; designs, Wakefield Beasley & Associates
Developer: Big 2025 on tap for gaping hole at Atlantic Station
Josh Green
Wed, 12/04/2024 – 09:01
Atlantic Station’s evolution in recent years has included a new stack of interstate-facing apartments, throwback-style offices, and a reimagined central greenspace. Significant changes at the mixed-use mini metropolis are expected to continue in the new year, according to a development firm that owns a compelling piece of it.
Building permit paperwork filed with Atlanta’s Department of City Planning in late November indicates a dual-branded Hilton Hotels & Resorts project is gearing up to move forward at 301 17th St. in the heart of the live-work-play district.
Since Atlantic Station debuted in 2005, the development site has been little more than a sunken pit encased by the district’s underground parking complex. Two towers—the Twelve Midtown hotel and the 271 17th St. office building—stand on either side of it.
Building permit details filed with the city indicate the hotel building would stand eight stories, flagged with Hilton’s lifestyle-and-wellness focused Tempo and Tapestry Collection brands.
Tentative, early designs for Atlantic Station’s 301 17th St. revealed in 2019. Peachtree Group; designs, Wakefield Beasley & Associates
The 17th Street void in Atlantic Station’s streetscape that’s existed for nearly 20 years. Google Maps
Plans call for 282 hotel rooms total (147 at Tempo, and 135 at Tapestry), with a 242-space parking garage below. Each brand would have its own bars, lobbies, and kitchens, with shared fitness facilities on top floor, according to filings.
Atlanta-based Peachtree Group bought the 1-acre site for $3.75 million six years ago and initially floated plans in 2019 that called for a SpringHill Suites by Marriott in addition to Hilton’s Tapestry.
When asked for details on a construction timeline (and updated renderings) recently, Peachtree Group CEO and managing principal Greg Friedman replied via email that more information will be released in 2025.
“We are excited about this upcoming project,” Friedman noted.
Stay tuned…
Early designs for Atlantic Station’s 301 17th St. revealed in 2019. Peachtree Group; designs, Wakefield Beasley & Associates
The 301 17th St. site today. Google Maps
…
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Twitter / Facebook/and now: Instagram
• Atlantic Station news, discussion (Urbanize Atlanta)
Tags
301 17th St.
Atlantic Station
Atlanta Development
Atlanta Hotels
Atlanta Construction
Peachtree Group
Hilton
Tapestry
Tempo by Hilton
Tapestry by Hilton
Atlantic Station Development
Atlantic Station Hotels
Images
The 301 17th St. site today. Google Maps
Tentative, early designs for Atlantic Station’s 301 17th St. revealed in 2019. Peachtree Group; designs, Wakefield Beasley & Associates
The 17th Street void in Atlantic Station’s streetscape that’s existed for nearly 20 years. Google Maps
Early designs for Atlantic Station’s 301 17th St. revealed in 2019. Peachtree Group; designs, Wakefield Beasley & Associates
Subtitle
Permit filings indicate long-planned, dual-branded hotel brewing on 17th Street
Neighborhood
Atlantic Station
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Before/After Images
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Developer: Big 2025 on tap for gaping hole at Atlantic Station
Josh Green
Wed, 12/04/2024 – 09:01
Atlantic Station’s evolution in recent years has included a new stack of interstate-facing apartments, throwback-style offices, and a reimagined central greenspace. Significant changes at the mixed-use mini metropolis are expected to continue in the new year, according to a development firm that owns a compelling piece of it.
Building permit paperwork filed with Atlanta’s Department of City Planning in late November indicates a dual-branded Hilton Hotels & Resorts project is gearing up to move forward at 301 17th St. in the heart of the live-work-play district.
Since Atlantic Station debuted in 2005, the development site has been little more than a sunken pit encased by the district’s underground parking complex. Two towers—the Twelve Midtown hotel and the 271 17th St. office building—stand on either side of it.
Building permit details filed with the city indicate the hotel building would stand eight stories, flagged with Hilton’s lifestyle-and-wellness focused Tempo and Tapestry Collection brands.
Tentative, early designs for Atlantic Station’s 301 17th St. revealed in 2019. Peachtree Group; designs, Wakefield Beasley & Associates
The 17th Street void in Atlantic Station’s streetscape that’s existed for nearly 20 years. Google Maps
Plans call for 282 hotel rooms total (147 at Tempo, and 135 at Tapestry), with a 242-space parking garage below. Each brand would have its own bars, lobbies, and kitchens, with shared fitness facilities on top floor, according to filings.
Atlanta-based Peachtree Group bought the 1-acre site for $3.75 million six years ago and initially floated plans in 2019 that called for a SpringHill Suites by Marriott in addition to Hilton’s Tapestry.
When asked for details on a construction timeline (and updated renderings) recently, Peachtree Group CEO and managing principal Greg Friedman replied via email that more information will be released in 2025.
“We are excited about this upcoming project,” Friedman noted.
Stay tuned…
Early designs for Atlantic Station’s 301 17th St. revealed in 2019. Peachtree Group; designs, Wakefield Beasley & Associates
The 301 17th St. site today. Google Maps
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Atlantic Station news, discussion (Urbanize Atlanta)
Tags
301 17th St.
Atlantic Station
Atlanta Development
Atlanta Hotels
Atlanta Construction
Peachtree Group
Hilton
Tapestry
Tempo by Hilton
Tapestry by Hilton
Atlantic Station Development
Atlantic Station Hotels
Images
The 301 17th St. site today. Google Maps
Tentative, early designs for Atlantic Station’s 301 17th St. revealed in 2019. Peachtree Group; designs, Wakefield Beasley & Associates
The 17th Street void in Atlantic Station’s streetscape that’s existed for nearly 20 years. Google Maps
Early designs for Atlantic Station’s 301 17th St. revealed in 2019. Peachtree Group; designs, Wakefield Beasley & Associates
Subtitle
Permit filings indicate long-planned, dual-branded hotel brewing on 17th Street
Neighborhood
Atlantic Station
Background Image
Image
Before/After Images
Sponsored Post
Off
Two Charlotte Rental Assets Trade for $183.5M
Two Charlotte Rental Assets Trade for $183.5M
Two heavyweight apartment investors have spent over $183 million gobbling up Charlotte commercial real estate.
St. Regis Properties acquired Crown of Queen City near uptown from Kohlberg Kravis & Roberts (KKR) for $88 million in February 2021. The Charlotte Business Journal reported KKR bought the Class A apartment community at 101 W. Morehead St., formerly called Broadstone Queen City, for $90 million in February 2021. Alliance Residential built the $52 million, 260-unit development at the edge of South End and uptown.
It delivered in 2020 and has about 10,000 square feet of amenity space and 1,500 square feet of ground-floor retail space.
The Aritzia at LoSo, a 350-unit complex in Charlotte’s lower South End neighborhood, sold on Nov. 19 for $95.5 million. Ares Public Fund acquired the property from RangeWater Real Estate.
The Class A development, located at 200 E. Cama St., was built in 2020. It has studio, one- and two-bedroom units. Monthly rent rates range from $1,402 – $2,854.
The post Two Charlotte Rental Assets Trade for $183.5M appeared first on Connect CRE.
Two heavyweight apartment investors have spent over $183 million gobbling up Charlotte commercial real estate. St. Regis Properties acquired Crown of Queen City near uptown from Kohlberg Kravis & Roberts (KKR) for $88 million in February 2021. The Charlotte Business Journal reported KKR bought the Class A apartment community at 101 W. Morehead St., formerly …
The post Two Charlotte Rental Assets Trade for $183.5M appeared first on Connect CRE. Read MoreAtlanta & Southeast Commercial Real Estate News
Two heavyweight apartment investors have spent over $183 million gobbling up Charlotte commercial real estate. St. Regis Properties acquired Crown of Queen City near uptown from Kohlberg Kravis & Roberts (KKR) for $88 million in February 2021. The Charlotte Business Journal reported KKR bought the Class A apartment community at 101 W. Morehead St., formerly …
The post Two Charlotte Rental Assets Trade for $183.5M appeared first on Connect CRE.
Atlanta’s first Chattahoochee River public access point officially opens
Atlanta’s first Chattahoochee River public access point officially opens
Atlanta’s first Chattahoochee River public access point officially opens
Josh Green
Tue, 12/03/2024 – 16:33
Maybe it’s hardly to believe, but the City of Atlanta has always lacked official public access to the Chattahoochee River, one of its most incredible natural resources. (The river was considered a health hazard, after all, prior to years of award-winning cleanup efforts.)
But as of today, that’s no longer the case.
Trust for Public Land officials, Atlanta Mayor Andre Dickens, and other dignitaries officially cut the ribbon today on Standing Peachtree Greenspace, considered the city’s first public access point to the river.
The scope of work at Standing Peachtree Greenspace includes a kayak launch, a fully accessible path to the river, upgrades to the site’s access road, and woodland restoration, according to TPL officials. The project broke ground in late 2023.
The greenspace is located where Buckhead, North Atlanta, and so-called Upper Westside converge on Ridgewood Road, just west of Interstate 75 and north of the Moores Mill Road mixed-use development anchored by Publix.
Scope of the five sites considered destinations along the Camp+Paddle Trail between North Atlanta (top) and Carroll County. Courtesy of TPL
The new river gateway marks the northernmost point of the Chattahoochee Camp+Paddle Trail, a 48-mile pathway that will snake beside the river from North Atlanta down to McIntosh Reserve in Carroll County. Its purpose is to allow visitors to journey three days and four nights for a nature-escape itinerary unlike any other so close to the city.
As extensive as it may seem, the Camp+Paddle Trail will be just one section of the planned Chattahoochee RiverLands, a vast outdoor recreation destination that will eventually span across 100 miles of parks, stretching from Buford Dam to Chattahoochee Bend State Park.
George Dusenbury, TPL’s Georgia state director, called the Standing Peachtree Greenspace opening a “tremendous milestone” and “testament to the value of public and nonprofit collaboration” in an announcement.
Courtesy of Trust for Public Land
Earlier in the day, a similar ribbon-cutting event was hosted by TPL and the Cobb County Department of Transportation for another Chattahoochee RiverLands destination: the RiverLands Showcase Site in Smyrna.
The latter project includes the first section of paved, shared-use trail along the Chattahoochee River in South Cobb County, along with a boardwalk spanning scenic wetlands, a river overlook, an education nook, and a soft-surface trail.
Eventually, the Chattahoochee RiverLands project is expected to link about 1 million nearby residents and visitors to activities such as swimming, bicycling, kayaking, picnicking, walking, and camping along the river.
Future plans for RiverLands Gateway Park in Cobb County. Courtesy of Trust for Public Land
…
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Scope of the five sites considered destinations along the Camp+Paddle Trail between North Atlanta (top) and Carroll County. Courtesy of TPL
Future plans for RiverLands Gateway Park in Cobb County. Courtesy of Trust for Public Land
Courtesy of Trust for Public Land
Atlanta’s first Chattahoochee River public access point officially opens
Josh Green
Tue, 12/03/2024 – 16:33
Maybe it’s hardly to believe, but the City of Atlanta has always lacked official public access to the Chattahoochee River, one of its most incredible natural resources. (The river was considered a health hazard, after all, prior to years of award-winning cleanup efforts.)
But as of today, that’s no longer the case.
Trust for Public Land officials, Atlanta Mayor Andre Dickens, and other dignitaries officially cut the ribbon today on Standing Peachtree Greenspace, considered the city’s first public access point to the river.
The scope of work at Standing Peachtree Greenspace includes a kayak launch, a fully accessible path to the river, upgrades to the site’s access road, and woodland restoration, according to TPL officials. The project broke ground in late 2023.
The greenspace is located where Buckhead, North Atlanta, and so-called Upper Westside converge on Ridgewood Road, just west of Interstate 75 and north of the Moores Mill Road mixed-use development anchored by Publix.
Scope of the five sites considered destinations along the Camp+Paddle Trail between North Atlanta (top) and Carroll County. Courtesy of TPL
The new river gateway marks the northernmost point of the Chattahoochee Camp+Paddle Trail, a 48-mile pathway that will snake beside the river from North Atlanta down to McIntosh Reserve in Carroll County. Its purpose is to allow visitors to journey three days and four nights for a nature-escape itinerary unlike any other so close to the city.
As extensive as it may seem, the Camp+Paddle Trail will be just one section of the planned Chattahoochee RiverLands, a vast outdoor recreation destination that will eventually span across 100 miles of parks, stretching from Buford Dam to Chattahoochee Bend State Park.
George Dusenbury, TPL’s Georgia state director, called the Standing Peachtree Greenspace opening a “tremendous milestone” and “testament to the value of public and nonprofit collaboration” in an announcement.
Courtesy of Trust for Public Land
Earlier in the day, a similar ribbon-cutting event was hosted by TPL and the Cobb County Department of Transportation for another Chattahoochee RiverLands destination: the RiverLands Showcase Site in Smyrna.
The latter project includes the first section of paved, shared-use trail along the Chattahoochee River in South Cobb County, along with a boardwalk spanning scenic wetlands, a river overlook, an education nook, and a soft-surface trail.
Eventually, the Chattahoochee RiverLands project is expected to link about 1 million nearby residents and visitors to activities such as swimming, bicycling, kayaking, picnicking, walking, and camping along the river.
Future plans for RiverLands Gateway Park in Cobb County. Courtesy of Trust for Public Land
…
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2630 Ridgewood Road NW
Standing Peachtree Greenspace
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Upper Westside
Chattahoochee River
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McIntosh Reserve
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Trust for Public Land
Atlanta Hikes
George Dusenbury
Images
Scope of the five sites considered destinations along the Camp+Paddle Trail between North Atlanta (top) and Carroll County. Courtesy of TPL
Future plans for RiverLands Gateway Park in Cobb County. Courtesy of Trust for Public Land
Courtesy of Trust for Public Land
Subtitle
It’s the first step for unique, riverside nature trail between North Atlanta, Carroll County
Neighborhood
Bolton
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Before/After Images
Sponsored Post
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Atlanta’s first Chattahoochee River public access point officially opens
Josh Green
Tue, 12/03/2024 – 16:33
Maybe it’s hardly to believe, but the City of Atlanta has always lacked official public access to the Chattahoochee River, one of its most incredible natural resources. (The river was considered a health hazard, after all, prior to years of award-winning cleanup efforts.)
But as of today, that’s no longer the case.
Trust for Public Land officials, Atlanta Mayor Andre Dickens, and other dignitaries officially cut the ribbon today on Standing Peachtree Greenspace, considered the city’s first public access point to the river.
The scope of work at Standing Peachtree Greenspace includes a kayak launch, a fully accessible path to the river, upgrades to the site’s access road, and woodland restoration, according to TPL officials. The project broke ground in late 2023.
The greenspace is located where Buckhead, North Atlanta, and so-called Upper Westside converge on Ridgewood Road, just west of Interstate 75 and north of the Moores Mill Road mixed-use development anchored by Publix.
Scope of the five sites considered destinations along the Camp+Paddle Trail between North Atlanta (top) and Carroll County. Courtesy of TPL
The new river gateway marks the northernmost point of the Chattahoochee Camp+Paddle Trail, a 48-mile pathway that will snake beside the river from North Atlanta down to McIntosh Reserve in Carroll County. Its purpose is to allow visitors to journey three days and four nights for a nature-escape itinerary unlike any other so close to the city.
As extensive as it may seem, the Camp+Paddle Trail will be just one section of the planned Chattahoochee RiverLands, a vast outdoor recreation destination that will eventually span across 100 miles of parks, stretching from Buford Dam to Chattahoochee Bend State Park.
George Dusenbury, TPL’s Georgia state director, called the Standing Peachtree Greenspace opening a “tremendous milestone” and “testament to the value of public and nonprofit collaboration” in an announcement.
Courtesy of Trust for Public Land
Earlier in the day, a similar ribbon-cutting event was hosted by TPL and the Cobb County Department of Transportation for another Chattahoochee RiverLands destination: the RiverLands Showcase Site in Smyrna.
The latter project includes the first section of paved, shared-use trail along the Chattahoochee River in South Cobb County, along with a boardwalk spanning scenic wetlands, a river overlook, an education nook, and a soft-surface trail.
Eventually, the Chattahoochee RiverLands project is expected to link about 1 million nearby residents and visitors to activities such as swimming, bicycling, kayaking, picnicking, walking, and camping along the river.
Future plans for RiverLands Gateway Park in Cobb County. Courtesy of Trust for Public Land
…
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Upper Westside
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Camp+Paddle Trail
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McIntosh Reserve
Carroll County
Trust for Public Land
Atlanta Hikes
George Dusenbury
Images
Scope of the five sites considered destinations along the Camp+Paddle Trail between North Atlanta (top) and Carroll County. Courtesy of TPL
Future plans for RiverLands Gateway Park in Cobb County. Courtesy of Trust for Public Land
Courtesy of Trust for Public Land
Subtitle
It’s the first step for unique, riverside nature trail between North Atlanta, Carroll County
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Bolton
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Fifth Third Bank extends commitment to Grove Park neighborhood on Westside
Fifth Third Bank extends commitment to Grove Park neighborhood on Westside
With Fifth Third’s support, the Grove Park Foundation intends to acquire, build and preserve 950 total affordable housing units.
With Fifth Third’s support, the Grove Park Foundation intends to acquire, build and preserve 950 total affordable housing units. Read MoreBizjournals.com Feed (2019-09-06 17:16:48)
With Fifth Third’s support, the Grove Park Foundation intends to acquire, build and preserve 950 total affordable housing units.
Fifth Third Bank extends commitment to Grove Park neighborhood on Westside
Fifth Third Bank extends commitment to Grove Park neighborhood on Westside
With Fifth Third’s support, the Grove Park Foundation intends to acquire, build and preserve 950 total affordable housing units.
With Fifth Third’s support, the Grove Park Foundation intends to acquire, build and preserve 950 total affordable housing units. Read MoreBizjournals.com Feed (2022-04-02 21:43:57)
With Fifth Third’s support, the Grove Park Foundation intends to acquire, build and preserve 950 total affordable housing units.
23 photos: Atlanta’s largest office development of 2024 has arrived
23 photos: Atlanta’s largest office development of 2024 has arrived
23 photos: Atlanta’s largest office development of 2024 has arrived
Josh Green
Tue, 12/03/2024 – 13:49
After breaking ground in early 2022, an increasingly rare new office high-rise has officially delivered in Midtown, offering what Portman officials call the design, quality, and feel of top-flight hotels the company has developed for decades around the world.
Situated between Spring Street and the downtown Connector, the Ten Twenty Spring tower (formerly 1020 Spring) stands 25 stories as the latest and final piece (for now) of current development at Portman’s Spring Quarter complex, which has transformed a full city block while keeping a historic, landmark structure at its core.
Portman officials call the glass-clad, Class A office high-rise a first for Atlanta, in that it features immense floor plates like blank canvases spanning 32,000 square feet or more, wrapped with 10-foot-tall windows designed to frame skyline views from floors to ceilings.
Beyond its forthcoming restaurants, the building’s perks include 15,000 square feet of private terraces for tenants seeking fresh air in a post-pandemic world.
The modernistic office tower’s juxtaposition with the historic H.M. Patterson Home and Gardens immediately to the east. Courtesy of Portman
Outdoor space at the building’s highest floors, as seen over the Connector. Courtesy of Portman
The amenity sections for tenants span another 20,000 square feet and include a lounge, indoor-outdoor bar, skyline views around the city, and 10,000 square feet of greenspace.
Portman built Ten Twenty Spring on spec, meaning without an anchor tenant in place. Company officials told the AJC no office tenants have been signed, and that monthly rents are expected to command between the high $40s and low $50s per square foot.
No other office building in the Atlanta market “offers a more integrated, activated, and amenitized office experience in a mixed-use setting, and there won’t be [one] for several years,” Travis Garland, Portman managing director, said in an announcement.
“As demand returns,” Garland continued, “particularly for new-to-market deals with large-block requirements, we know that prospects will see the competitive advantages of officing in Spring Quarter’s modern and energetic mixed-use environment.”
Outdoor seating at sunset on the office tower’s north facade, over parking levels. Courtesy of Portman
The Portman venture isn’t the only large office project that’s come together around the city and inner suburbs this year.
Others include Georgia Tech’s Science Square lab tower (370,000 square feet), Dunwoody’s Campus 244 initial phase (405,000 square feet), and the new national headquarters for Truist Securities (250,000 square feet) at The Battery Atlanta, just outside the Braves stadium.
But at roughly 530,000 square feet, Portman’s Ten Twenty Spring is firmly the largest among them.
On the building’s restaurant front, a Japanese modern concept from esteemed Chef Fuyuhiko Ito called Sozou is on pace to open on the ground floor next summer. That team also plans to open an eighth-floor rooftop concept called Omakase by Ito.
How parking levels were screened above office-lobby entry and restaurant spaces. Courtesy of Portman
The 530,000-square-foot building’s place among a Midtown skyline that’s rapidly filled in over the past 12 years. Courtesy of Portman
As for the rest of the multifaceted Spring Quarter project, Portman officials relayed this week that Sora, the 370-unit luxury apartment tower standing 30 stories over 10th Street, is now 94 percent leased, after opening last fall.
A celebrated contemporary Mexican restaurant from Louisiana, Habaneros, is now on pace to open in a large corner retail space at Sora’s ground level next spring, according to Portman officials. Atlanta-based cardio concept Pepper Boxing has claimed another street-level space.
The historic H.M. Patterson mortuary gardens, situated at the heart of Spring Quarter, is open to the public and future office tenants, with patios and paseos designed to weave the landmark property into entries for the new towers around it.
At bottom is the final Spring Quarter parcel, just north of the mortuary. Portman’s plans initially called for a hotel, and later more residential, but all construction has been paused for now. Courtesy of Portman
Steve Palmer, an Atlanta native and founder of The Indigo Road Hospitality Group, was revealed last year as the restaurateur who will lease and transform all 24,000 square feet of the historic H.M. Patterson Home and Gardens mortuary into what’s been described as a morning-to-night, food-and-beverage destination with multiple facets, set to open next year.
Indigo Road is the Charleston-based company behind local concepts such as West Midtown’s O-KU, Avalon’s Oak Steakhouse, and Colony Square’s Sukoshi.
Find a detailed look at the latest Spring Quarter tower’s exterior and relationship to the rest of the project in the gallery above.
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The finished northern façade of Portman’s Ten Twenty Spring tower, facing Buckhead. Courtesy of Portman
Courtesy of Portman
Outdoor seating at sunset on the office tower’s north facade, over parking levels. Courtesy of Portman
Courtesy of Portman
Ten Twenty Spring includes 15,000 square feet of private terraces, per Portman officials. Courtesy of Portman
The eighth-floor terrace where an omakase concept is planned, as shown above the parking podium. Courtesy of Portman
Omakase by Ito is expected to debut on this level next summer. Courtesy of Portman
The building’s floor plates span roughly 32,000 square feet, with 10-foot windows allowing for views described as panoramic. Courtesy of Portman
How outdoor spaces ring lower floors of the building. Courtesy of Portman
Courtesy of Portman
The modernistic office tower’s juxtaposition with the historic H.M. Patterson Home and Gardens immediately to the east. Courtesy of Portman
How parking levels were screened above office-lobby entry and restaurant spaces. Courtesy of Portman
Overview of the gardens. The footprint was historically protected, but Portman’s work has updated designs to engage guests. Courtesy of Portman
Courtesy of Portman
Ten Twenty Spring’s stance over the downtown Connector today. Courtesy of Portman
At bottom is the final Spring Quarter parcel, just north of the mortuary. Portman’s plans initially called for a hotel, and later more residential, but all construction has been paused for now. Courtesy of Portman
Outdoor space at the building’s highest floors, as seen over the Connector. Courtesy of Portman
Courtesy of Portman
Courtesy of Portman
The 530,000-square-foot building’s place among a Midtown skyline that’s rapidly filled in over the past 12 years. Courtesy of Portman
23 photos: Atlanta’s largest office development of 2024 has arrived
Josh Green
Tue, 12/03/2024 – 13:49
After breaking ground in early 2022, an increasingly rare new office high-rise has officially delivered in Midtown, offering what Portman officials call the design, quality, and feel of top-flight hotels the company has developed for decades around the world.
Situated between Spring Street and the downtown Connector, the Ten Twenty Spring tower (formerly 1020 Spring) stands 25 stories as the latest and final piece (for now) of current development at Portman’s Spring Quarter complex, which has transformed a full city block while keeping a historic, landmark structure at its core.
Portman officials call the glass-clad, Class A office high-rise a first for Atlanta, in that it features immense floor plates like blank canvases spanning 32,000 square feet or more, wrapped with 10-foot-tall windows designed to frame skyline views from floors to ceilings.
Beyond its forthcoming restaurants, the building’s perks include 15,000 square feet of private terraces for tenants seeking fresh air in a post-pandemic world.
The modernistic office tower’s juxtaposition with the historic H.M. Patterson Home and Gardens immediately to the east. Courtesy of Portman
Outdoor space at the building’s highest floors, as seen over the Connector. Courtesy of Portman
The amenity sections for tenants span another 20,000 square feet and include a lounge, indoor-outdoor bar, skyline views around the city, and 10,000 square feet of greenspace.
Portman built Ten Twenty Spring on spec, meaning without an anchor tenant in place. Company officials told the AJC no office tenants have been signed, and that monthly rents are expected to command between the high $40s and low $50s per square foot.
No other office building in the Atlanta market “offers a more integrated, activated, and amenitized office experience in a mixed-use setting, and there won’t be [one] for several years,” Travis Garland, Portman managing director, said in an announcement.
“As demand returns,” Garland continued, “particularly for new-to-market deals with large-block requirements, we know that prospects will see the competitive advantages of officing in Spring Quarter’s modern and energetic mixed-use environment.”
Outdoor seating at sunset on the office tower’s north facade, over parking levels. Courtesy of Portman
The Portman venture isn’t the only large office project that’s come together around the city and inner suburbs this year.
Others include Georgia Tech’s Science Square lab tower (370,000 square feet), Dunwoody’s Campus 244 initial phase (405,000 square feet), and the new national headquarters for Truist Securities (250,000 square feet) at The Battery Atlanta, just outside the Braves stadium.
But at roughly 530,000 square feet, Portman’s Ten Twenty Spring is firmly the largest among them.
On the building’s restaurant front, a Japanese modern concept from esteemed Chef Fuyuhiko Ito called Sozou is on pace to open on the ground floor next summer. That team also plans to open an eighth-floor rooftop concept called Omakase by Ito.
How parking levels were screened above office-lobby entry and restaurant spaces. Courtesy of Portman
The 530,000-square-foot building’s place among a Midtown skyline that’s rapidly filled in over the past 12 years. Courtesy of Portman
As for the rest of the multifaceted Spring Quarter project, Portman officials relayed this week that Sora, the 370-unit luxury apartment tower standing 30 stories over 10th Street, is now 94 percent leased, after opening last fall.
A celebrated contemporary Mexican restaurant from Louisiana, Habaneros, is now on pace to open in a large corner retail space at Sora’s ground level next spring, according to Portman officials. Atlanta-based cardio concept Pepper Boxing has claimed another street-level space.
The historic H.M. Patterson mortuary gardens, situated at the heart of Spring Quarter, is open to the public and future office tenants, with patios and paseos designed to weave the landmark property into entries for the new towers around it.
At bottom is the final Spring Quarter parcel, just north of the mortuary. Portman’s plans initially called for a hotel, and later more residential, but all construction has been paused for now. Courtesy of Portman
Steve Palmer, an Atlanta native and founder of The Indigo Road Hospitality Group, was revealed last year as the restaurateur who will lease and transform all 24,000 square feet of the historic H.M. Patterson Home and Gardens mortuary into what’s been described as a morning-to-night, food-and-beverage destination with multiple facets, set to open next year.
Indigo Road is the Charleston-based company behind local concepts such as West Midtown’s O-KU, Avalon’s Oak Steakhouse, and Colony Square’s Sukoshi.
Find a detailed look at the latest Spring Quarter tower’s exterior and relationship to the rest of the project in the gallery above.
…
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Images
The finished northern façade of Portman’s Ten Twenty Spring tower, facing Buckhead. Courtesy of Portman
Courtesy of Portman
Outdoor seating at sunset on the office tower’s north facade, over parking levels. Courtesy of Portman
Courtesy of Portman
Ten Twenty Spring includes 15,000 square feet of private terraces, per Portman officials. Courtesy of Portman
The eighth-floor terrace where an omakase concept is planned, as shown above the parking podium. Courtesy of Portman
Omakase by Ito is expected to debut on this level next summer. Courtesy of Portman
The building’s floor plates span roughly 32,000 square feet, with 10-foot windows allowing for views described as panoramic. Courtesy of Portman
How outdoor spaces ring lower floors of the building. Courtesy of Portman
Courtesy of Portman
The modernistic office tower’s juxtaposition with the historic H.M. Patterson Home and Gardens immediately to the east. Courtesy of Portman
How parking levels were screened above office-lobby entry and restaurant spaces. Courtesy of Portman
Overview of the gardens. The footprint was historically protected, but Portman’s work has updated designs to engage guests. Courtesy of Portman
Courtesy of Portman
Ten Twenty Spring’s stance over the downtown Connector today. Courtesy of Portman
At bottom is the final Spring Quarter parcel, just north of the mortuary. Portman’s plans initially called for a hotel, and later more residential, but all construction has been paused for now. Courtesy of Portman
Outdoor space at the building’s highest floors, as seen over the Connector. Courtesy of Portman
Courtesy of Portman
Courtesy of Portman
The 530,000-square-foot building’s place among a Midtown skyline that’s rapidly filled in over the past 12 years. Courtesy of Portman
Subtitle
Ten Twenty Spring tower completes Portman’s block-sized Spring Quarter project—for now
Neighborhood
Midtown
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Before/After Images
Sponsored Post
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23 photos: Atlanta’s largest office development of 2024 has arrived
Josh Green
Tue, 12/03/2024 – 13:49
After breaking ground in early 2022, an increasingly rare new office high-rise has officially delivered in Midtown, offering what Portman officials call the design, quality, and feel of top-flight hotels the company has developed for decades around the world.
Situated between Spring Street and the downtown Connector, the Ten Twenty Spring tower (formerly 1020 Spring) stands 25 stories as the latest and final piece (for now) of current development at Portman’s Spring Quarter complex, which has transformed a full city block while keeping a historic, landmark structure at its core.
Portman officials call the glass-clad, Class A office high-rise a first for Atlanta, in that it features immense floor plates like blank canvases spanning 32,000 square feet or more, wrapped with 10-foot-tall windows designed to frame skyline views from floors to ceilings.
Beyond its forthcoming restaurants, the building’s perks include 15,000 square feet of private terraces for tenants seeking fresh air in a post-pandemic world.
The modernistic office tower’s juxtaposition with the historic H.M. Patterson Home and Gardens immediately to the east. Courtesy of Portman
Outdoor space at the building’s highest floors, as seen over the Connector. Courtesy of Portman
The amenity sections for tenants span another 20,000 square feet and include a lounge, indoor-outdoor bar, skyline views around the city, and 10,000 square feet of greenspace.
Portman built Ten Twenty Spring on spec, meaning without an anchor tenant in place. Company officials told the AJC no office tenants have been signed, and that monthly rents are expected to command between the high $40s and low $50s per square foot.
No other office building in the Atlanta market “offers a more integrated, activated, and amenitized office experience in a mixed-use setting, and there won’t be [one] for several years,” Travis Garland, Portman managing director, said in an announcement.
“As demand returns,” Garland continued, “particularly for new-to-market deals with large-block requirements, we know that prospects will see the competitive advantages of officing in Spring Quarter’s modern and energetic mixed-use environment.”
Outdoor seating at sunset on the office tower’s north facade, over parking levels. Courtesy of Portman
The Portman venture isn’t the only large office project that’s come together around the city and inner suburbs this year.
Others include Georgia Tech’s Science Square lab tower (370,000 square feet), Dunwoody’s Campus 244 initial phase (405,000 square feet), and the new national headquarters for Truist Securities (250,000 square feet) at The Battery Atlanta, just outside the Braves stadium.
But at roughly 530,000 square feet, Portman’s Ten Twenty Spring is firmly the largest among them.
On the building’s restaurant front, a Japanese modern concept from esteemed Chef Fuyuhiko Ito called Sozou is on pace to open on the ground floor next summer. That team also plans to open an eighth-floor rooftop concept called Omakase by Ito.
How parking levels were screened above office-lobby entry and restaurant spaces. Courtesy of Portman
The 530,000-square-foot building’s place among a Midtown skyline that’s rapidly filled in over the past 12 years. Courtesy of Portman
As for the rest of the multifaceted Spring Quarter project, Portman officials relayed this week that Sora, the 370-unit luxury apartment tower standing 30 stories over 10th Street, is now 94 percent leased, after opening last fall.
A celebrated contemporary Mexican restaurant from Louisiana, Habaneros, is now on pace to open in a large corner retail space at Sora’s ground level next spring, according to Portman officials. Atlanta-based cardio concept Pepper Boxing has claimed another street-level space.
The historic H.M. Patterson mortuary gardens, situated at the heart of Spring Quarter, is open to the public and future office tenants, with patios and paseos designed to weave the landmark property into entries for the new towers around it.
At bottom is the final Spring Quarter parcel, just north of the mortuary. Portman’s plans initially called for a hotel, and later more residential, but all construction has been paused for now. Courtesy of Portman
Steve Palmer, an Atlanta native and founder of The Indigo Road Hospitality Group, was revealed last year as the restaurateur who will lease and transform all 24,000 square feet of the historic H.M. Patterson Home and Gardens mortuary into what’s been described as a morning-to-night, food-and-beverage destination with multiple facets, set to open next year.
Indigo Road is the Charleston-based company behind local concepts such as West Midtown’s O-KU, Avalon’s Oak Steakhouse, and Colony Square’s Sukoshi.
Find a detailed look at the latest Spring Quarter tower’s exterior and relationship to the rest of the project in the gallery above.
…
Follow us on social media:
Twitter / Facebook/and now: Instagram
• Midtown news, discussion (Urbanize Atlanta)
Tags
1020 Spring Street NW
Portman Chapel
Sora at Spring Quarter
1000 Spring
Spring Quarter
1020 Spring
Philip Trammell Shutze
Portman Holdings
Portman Residential
National Real Estate Advisors
10th Street
Fogarty Finger
Cooper Carry
JE Dunn
H.M. Patterson House
Midtown Alliance
Connector
Atlanta Development
Atlanta Construction
Spring Hill Chapel
H.M. Patterson & Sons-Spring Hill Chapel
Atlanta Restaurants
Atlanta History
Adaptive-Reuse Development
Adaptive-Reuse
Historical Preservation
Historic Atlanta
Kimley-Horn
Kimley-Horn & Associates
Sozou
Chef Fuyuhiko Ito
Noriyoshi Muramatsu
Studio Glitt
PMTA Studio
Stream Realty
Office Space
Atlanta Office Space
Images
The finished northern façade of Portman’s Ten Twenty Spring tower, facing Buckhead. Courtesy of Portman
Courtesy of Portman
Outdoor seating at sunset on the office tower’s north facade, over parking levels. Courtesy of Portman
Courtesy of Portman
Ten Twenty Spring includes 15,000 square feet of private terraces, per Portman officials. Courtesy of Portman
The eighth-floor terrace where an omakase concept is planned, as shown above the parking podium. Courtesy of Portman
Omakase by Ito is expected to debut on this level next summer. Courtesy of Portman
The building’s floor plates span roughly 32,000 square feet, with 10-foot windows allowing for views described as panoramic. Courtesy of Portman
How outdoor spaces ring lower floors of the building. Courtesy of Portman
Courtesy of Portman
The modernistic office tower’s juxtaposition with the historic H.M. Patterson Home and Gardens immediately to the east. Courtesy of Portman
How parking levels were screened above office-lobby entry and restaurant spaces. Courtesy of Portman
Overview of the gardens. The footprint was historically protected, but Portman’s work has updated designs to engage guests. Courtesy of Portman
Courtesy of Portman
Ten Twenty Spring’s stance over the downtown Connector today. Courtesy of Portman
At bottom is the final Spring Quarter parcel, just north of the mortuary. Portman’s plans initially called for a hotel, and later more residential, but all construction has been paused for now. Courtesy of Portman
Outdoor space at the building’s highest floors, as seen over the Connector. Courtesy of Portman
Courtesy of Portman
Courtesy of Portman
The 530,000-square-foot building’s place among a Midtown skyline that’s rapidly filled in over the past 12 years. Courtesy of Portman
Subtitle
Ten Twenty Spring tower completes Portman’s block-sized Spring Quarter project—for now
Neighborhood
Midtown
Background Image
Image
Before/After Images
Sponsored Post
Off