With 18 major development projects presently under construction, it feels like Midtown Atlanta is going sky-high. Come fly with us on an aerial tour of a few construction sites for a progress check.
Hovering over the eastern edge of Greystar's Ascent Midtown at 1400 West Peachtree, which will create 328 apartments, 176 hotel rooms and 3K SF of retail. One of the two structures will go to 27 floors. Visible here are approx. 7 floors so far.
Going vertical just north of the Hanover Midtown project at Peachtree and 7th Streets, which will feature 350 apartments, 45K SF office and 11K SF retail. When completed, it will stand 28 stories tall. Visible here are about 7 stories completed.
Looking eastward over Related’s Icon Midtown at 14th and Spring Streets, bringing 400 apartments and 6500 SF retail, with the space in the foreground destined to become a Whole Foods Market.
Immediately south of the aforementioned Icon is the Northside Medical Office Building, slated to top out in mid-September at 10 stories, adding 154K SF of medical office space and 25K SF retail.
“Midtown Atlanta stands out as a place where people and businesses want to be,” said Midtown Alliance President Kevin Green. “Working closely with City of Atlanta leadership, we are creating the conditions on the ground that have attracted unprecedented investment inside this one-square mile area in the heart of Atlanta.”
Combined with another 16 major projects that have been proposed over the past 24+ months, this current construction boom, valued at approximately $4B overall, stands to virtually double the amount of investment that has flowed into the district since 2000.
Keep up with Midtown development activity by viewing reports in our online Resource Center, updated monthly.
Posted: September 7, 2017comments powered by Disqus