
Simon Property Group and Columbus Realty Partners Ltd. plan a 319 mid-rise, luxury apartment building at Phipps Plaza in Buckhead. According to a report in the Atlanta Business Chronicle, construction on Domain at Phipps Plaza is expected to begin in September with occupancy slated for fall 2015. Domain will offer amenities such as a yoga court, outdoor pool, health club with fitness on demand, dog park with dog wash stations and rooftop terrace with a resident lounge. Simon is also working on an extensive revamp of Phipps Plaza.
During the first of three hearings, Fulton County residents called on county commissioners to reject a proposed property tax increase of more than 17 percent. According to a report from WABE, raising the millage rate to 1.57 mills would mean a $140 increase for those with a $275,000 home. Commission Chairman John Eaves says the county needs to plug a $48 million budget shortfall.
