Business & Real Estate Report

This is Midtown's monthly digest for business and real estate news and up-to-date resources such as maps, demographics, market data, capital improvement updates, financial incentives, and zoning and development information.

Check out the archive below. If you like what you see, you can subscribe here.

 

July 2021

DRC Recap: Proposals of Two Mixed-Use Towers Along Peachtree and 10th Street

June 2021

DRC Recap: Cousins Presents Reno Plans for 1200 Peachtree

May 2021

DRC Recap: Toll Brothers Presents Revised Plans for 1018 Peachtree; Portman Returns With Updates for 1020 Spring.

April 2021

DRC Recap: Two Projects Make Return Visits With Updated Designs

March 2021

DRC Recap: Two Tower Residential Project Proposed for Juniper Street; Interface Preps for Safe Return to Midtown HQ; Learn More about Midtown Connector Transportation Improvement Project

Opinion: Midtown Office Market Poised for Strong Rebound, Atlanta Curbside Management Action Plan, Latest Development Status of 30 Projects, 2020 Progress Report. 

Midtown Development Review Committee kicks off 2021 by reviewing Cousins Properties' plaza upgrades to its Promenade building, Midtown 2020 Annual Report and get the latest updates on Midtown improvements. 

December 2020

Lord Aeck Sargent presents renovation project for 1280 West Peachtree Street, we look back on projects presented to DRC over 2020 and get the latest updates on Midtown improvements.

BCY Architects plans an adaptive reuse project of a two-story house along the west side of West Peachtree that will serve as a restaurant with outdoor dining, and Lincoln Ventures proposed a 31-story student housing project on Spring Street. 

October 2020

Capital City Real Estate presented plans for a 24-story tower on Peachtree Street that would include restaurant spacw tih outdoor dining and 324 residential units.

September 2020

We spoke with Selig Enterprises' Steve Baile about the progress at the mixed-use 1105 West Peachtree project going skyward at West Peachtree and 12th Streets, the tenant line up and how the future Midtown Art Walk project will complement the development.

Drone pics capture latest development activity at Midtown construction sites, plus our conversation with MARTA CEO Jeffrey Parker on ridership strategies and the transit system's efforts to get back on track. 

"Path to Reopening" series catches up with Noble Investment Group and the ongoing work to deliver a major hotel project on schedule at a prominent Midtown intersection, plus insight from broker T Dallas Smith on how the firm completed a deal during the worst economic fallout since the Great Depression to land Microsoft in Midtown.

Portman Holdings returned with updates for its proposed mixed-use, multi-tower project slated for the historic Spring Hill site. Cousins Properties also presented updates for its proposed 32-story office tower at 8th and West Peachtree St. Plus, local business and institution leaders discussed their plans for reopening, Midtown Green team is stepping up cleaning efforts in the public right of way and more.

May 2020

Portman Holdings presented a three-tower project surrounding the H.M. Patterson and son-Spring Hill site. The ambitious project includes a hotel, residential office and retail space that would surround the historic mortuary. The Midtown Improvement District celebrated a 20-year milestone.

A consortium called Tenth Street Ventures presented a new parking structure with 40 residential/hotel units distributed in a colorful grid. The 160 square-foot units are intended to provide a unique option for the short-term rental market. Greystar also presented plans for a 34-story tower that would rise at the former site of Big Brothers Big Sisters of Metro Atlanta. We also presented data on visitor growth in Midtown and our 2019 Progress Report.

A market research study identified demographic trends on residents, workers and visitors in Midtown. Three Midtown surface lots made critical improvements, and Bruce Katz, the keynote speaker of the 2019 Midtown Alliance Annual Meeting offered his views on the district’s next act.

The DRC kicked off the new decade by reviewing three projects: an expansion of the Campanile building that would include a six-story office and retail podium; a proposal by Trillist to build a 46-story residential tower at 1138 Peachtree Street; and renovation plans for Blake’s on the Park. Plus, a 2020 Work Plan preview from Midtown Alliance. 

SCAD proposed an expansion to its Digital Media Center that would take design cues from its recently completed SCAD 40 building. Chicago-based Core Campus presented a student housing project at 960 Spring called “Hub on Campus.” Hanover Cos. announced its return to Midtown with a 40-story mixed-use tower at West Peachtree and the planned extension of 13th Street. Plus, Midtown Union broke ground in North Midtown. 

November 2019

Savannah College of Art and Design presented a student union project that would include residential units, academic space, a retail store and an amenity space on the roof. Midtown buildings helped the City of Atlanta meet its Better Buildings Challenge goal earlier than anticipated. 

October 2019

Toll Brothers returned to the DRC with updates to its 250 14th Street project, including a covered ground floor area with casual seating and an outdoor fireplace. Two Midtown projects were recognized by the Urban Land Institute’s Atlanta Chapter for their design. 

The DRC gave Midtown Union developers a green light after seeing project updates that helped resolve previous issues related to parking deck screening and street-level facade. Toll Brothers presented its designs for a residential tower at 250 14th Street. Plus, a Midtown startup is all in on the low mileage movement.

August 2019

Toll Brothers returned with refinements to its proposal at 1018 West Peachtree to address concerns from the committee about pedestrian connectivity and parking deck screening. StreetLights Residential also returned with updates to its 5th and Juniper project that included improvements to the building design. 

July 2019

Toll Brothers presented a two-tower project that would add 205 student housing units and 385 market-rate units at 1018 West Peachtree. Midtown Alliance released its 2019 Community Survey findings. 

June 2019

StreetLights Residential proposed a 26-story tower at 5th and Juniper, adjacent to St. Mark United Methodist Church. The residential tower would include 299 market-rate units and retail space. A new development map offers a look at the district’s progress. 

May 2019

Standardized signage introduced in the district helps guide drivers to the best parking locations, Colony Square unveils its new urban park space The Grove and pedestrian count data shows the most highly trafficked intersections for walkers. 

April 2019

Graduates from Georgia Tech’s ATDC incubator detail why they chose to stay in Midtown, and the Midtown 2019 Community Survey launched.

Two buildings in Midtown, lilli Midtown and Interface, were recognized for exceptional building design. A new guide was introduced to help ease commuter stress, and we celebrated Midtown’s 2018 development wins. 

January 2019

We chatted with 2019 Annual Meeting Keynote Speaker Gabe Klein about e-scooters and micro-mobility. The Atlanta City Council also approved regulations for e-scooters, and Midtown geared up to feel the effects of the Superbowl taking place Downtown.