The influx of new mixed-use development over this past year continues to demonstrate Midtown’s appeal as a live-work-play location of choice. In addition to the 20+ announced development projects this year, 7 projects are currently under construction and another has recently been completed. Here’s a report from Midtown Alliance:
New Construction
JLB partners broke ground late last month on 782 Peachtree Street, a mixed-use project that will contain 294 apartments and 6,300 SF of retail. Also in construction is the project located at 33 Peachtree Place, a mixed-use development by Wood Partners that will include 343 apartments and 19,000 SF of retail.
University House Midtown, a student housing project with 267 units and 10,000 SF of retail, on track for delivery next summer. Just down the street is a second student housing development, Tech Square Tower, with 230 residential units, 14,000 SF of office and 4,700 SF of retail. South City Partners and Gateway Development are partnering on the project, which will also be completed summer 2015.
The Emory Proton Therapy Center, a $200 million+ state-of-the-art cancer treatment facility, began construction in 2013. The project contains 115,000 SF medical space and 4,000 SF of retail and is anticipated to open in 2016.
Midtown Development Review Committee Recap
The Midtown Development Review Committee (DRC) met Oct. 14 for follow-up presentations on four projects presented previously and one new application.
Modera: Mill Creek returned to present updates on their mixed-use project, a 29-story apartment tower with roughly 450 units and 12,300 square feet of retail at the corner of 8th Street and Williams Street. The development team incorporated several key changes requested by the DRC including the addition of retail space on Peachtree Place and they received a recommendation of support from the committee on their SAP application.
Broadstone Terraces: Alliance Residential presented a more refined concept for Broadstone Terraces, a new 8-story apartment building with approximately 218 units proposed on the southeastern corner of Juniper at 6th Street. Given its proximity to the single family neighborhood immediately east of Piedmont Avenue, the project was reviewed by both the Midtown Neighbors Association and NPU-E. It received strong support from the neighborhood as well as the DRC.
Azure on the Park: Atlantic Realty Partners provided an update on the first phase of their proposed development at Piedmont and 11th Street. The proposal includes a 24-story residential tower with 283 units, and an adjacent 5-story building with roughly 47 residential units and 2,100 SF of retail space that will wrap structured parking. The DRC recommended support for the project.
Kapture: The committee revisited a renovation project proposed at 75 Peachtree Place that will convert an existing single-story office building into a restaurant/lounge. The committee recommended support for the project and the associated variation request to encroach into the supplemental zone in order to provide a lift for ADA access.
717 Piedmont: A new application was presented for extensive renovations to a home on Piedmont Avenue, near 4th Street. The scope of work includes renovations to the main and upper floor as a single family residence, renovation of the existing basement to add two one-bedroom apartments, and the addition of a three-car garage accessible from the alley. The committee recommended support for the SAP application.
For an update on Midtown’s capital improvement projects, including bike lanes and streetscaping, visit this link.