Midtown Atlanta News and Events Archives

Park Modern Midtown Atlanta

August 23, 2018 by Thom Abbott

If you are a home buyer looking for new construction in Midtown Atlanta, you know it pretty much does not exist. But the frozen new construction market seems to be thawing…and Park Modern Midtown Atlanta is one of those options.

Park Modern Midtown Atlanta

This new 18-home community will not be for the faint of wallet, however. Located on 14th Street and 14th Place, home prices will most likely be in the high 900’s and the prime front corner home on 14th Street may hit around $1.5M.

The new 4-story townhomes will feature 3- 4 bedrooms, 2-car garages and rooftop decks. Community amenities will include a lap pool, park area and a dog run.

The community has grown in size from its original presentation with the addition of the “leg” of property fronting 14th Street. This was where The Dowling condo building had been proposed, but never got out of the ground. It’s that front corner where the most expensive home will be located.

We learned about this project at the DRC Meeting with Midtown Alliance. So we did not have a copy of the plans, and tried to capture some photos as the presentation was being made. We’ll keep an eye out for more information and floor plans, and you’ll find a page here at MyMidtownMojo.com once it becomes available and we can share it.

After the meeting, we passed by the site. You really forgot about these apartments tucked back on 14th Place, and know that this will in one sense be a blow to the affordable rental opportunities in Midtown Atlanta.

New Hotel Proposed for Beltline in O4W

May 25, 2018 by Thom Abbott

There is never a lack of interest, or desire to live, work or build on the Beltline! That is evidenced by the recent announcement by Portman Holdings, LLC who has just purchased a prime little corner at Irwin Street and the Beltline!

New Hotel Proposed for Beltline in O4W

The company purchased the site, a little more than 1 acre for a mere $5.5 MILLION! It closed May 9th, according to a story in the Atlanta Business Chronicle. Portman, known for their major hotel construction will seek to build a “cool lifestyle boutique hotel” on the site. While still to early in the planning stages, 145-170 keys are being proposed. The company is talking to hotel brands not found in the Atlanta area, and the article also mentions a food an beverage and event space.

One might recall that a hotel was proposed for the site back in 2015, but that deal, with Beltway Investment International, Smart Hotels, LLC, and Hospitality Ventures Management Group never moved forward.

A second hotel ( or maybe it was first?) is also proposed as part of the New City LLC project that is next to the Historic Fourth Ward Park. That project could break ground later this year.

We’ll update this article with some on-site photos, but the photo BELOW shows the location of the new hotel.

Embassy Suites Atlantic Station Moves Forward

May 23, 2018 by Thom Abbott

Once upon a time, lodging options in the Midtown area were pretty sparse. You either went luxury or almost nothing else. Fast forward to 2018, and you have numerous hotels to choose from, and several new options on the horizon. Embassy Suites Atlantic Station will be one of those new options.

Embassy Suites Atlantic Station Moves Forward

Horizon Hospitality Management has filed a permit application with the City of Atlanta for a 10-story high rise building, next to The Atlantic Condominiums at 200 17th Street. The photo to the right shows what I think will be the location of the property, based on the renderings provided in an article at WhatnowAtlanta.com. There is a possibility the site could be next to the tennis courts that are alongside The Atlantic.

Details mention 175 rooms taking up some 145,020 square feet and potentially a “high end steakhouse” fronting 17th Street. Hmmmm…steak. Designed by Mike Clifford of the Atlanta-based firm of LPBC, the project could break ground later this year and be ready for guests by 2020. (Remember, 2000 and we thought how is that possible, and now we are talking about 2020!!!!)

While North of the campus, this hotel would be another option for guests and parents visiting Georgia Tech.

Below is a rending of the proposed Embassy Suites Atlantic Station, as well as a couple site photos I snapped today. We’ll be keeping an eye on this one!

Currently, the only other hotel at Atlantic Station is the Twelve Hotel.

Coworking Spaces in Midtown and Downtown Atlanta

February 21, 2018 by Thom Abbott

You’ve probably noticed the rise in Atlanta of co-working spaces. The names We Work and Industrious might most ring a bell, but there are many other options in Midtown and Downtown Atlanta….even I was surprised!

Coworking Spaces in Midtown and Downtown Atlanta

As the article link below mentions, coworking has become very popular all over the country, but most recently we have seen quite the boom of these kinds of spaces all over Atlanta. While the article focuses on the Midtown and Downtown Atlanta areas, I know that We Work is opening at the Perimeter and Industrious has a Buckhead location.

Whether you are a single person looking to have an “office space” outside of your condo, to a startup company, these flexible work spaces can offer you much of what a normal office might offer, but for far less money because of the sharing of resources.

If you are considering a coworking space, be sure to check them out in person, and see what they are like. If you may need to meet clients, how accessible is the space for your guests? I know I looked at space in the Industrious offices at Ponce City Market before we opened our Midtown Atlanta office on Juniper Street. There were a few to many layers of security (at least at that location) that would have not made it user friendly for a real estate office. (And now we have a storefront anyways…so much better!)

But if you are considering living in Midtown or Downtown, and need office space not provided by your company, or your start-up NEEDS office space, check out the list in this article!

Coworking Spaces in Midtown and Downtown Atlanta

New Boutique Condo Building Proposed on 12th Street

January 19, 2018 by Thom Abbott

It appears 208th 12th Street in Midtown Atlanta may soon be home to a new condominium development.

What’s Happening Now reports that plans were filed with the City of Atlanta on Wednesday, January 17, 2018. The project remains nameless at this point. A review of the Midtown Alliance DRC meetings back to mid-Sugust, 2016 make no mention of the project, but we would think it had gone through the Committee.

It appears that 208 12th Street will be a boutique building with just 13 homes (expect “boutique to equal pricey!) but will have a small coffee shop/wine bar on the first floor. That would be pretty cool!

12th Street is no stranger to development. On the map below, the blue/white arrow indicates the location of the under-construction Vireo Apartments, a 308-unit building by Lennar; the other arrow indicates the location of the completed Yoo on the Park . Additionally, you have Piedmont House, and Azure on the Park on the same street.

We’ll be keeping an eye out for the construction crane…again…on 12th Street!

North American Properties Mark Toro

January 17, 2018 by Thom Abbott

Atlanta certainly has numerous “movers and shakers” when it comes to real estate development. My good friend Scott Selig, who recently passed, is one of them. Steve Baile, also with Selig Enterprises is another. But one individual that I have always been impressed with is Mark Toro from North American Properties.

If you’ve not seen Avalon in Alpharetta….hope in the car and go. A development that barely got started, and then the market crashed. North American Properties came in and it’s amazing what is there now.

Come a little bit closer to “home” and North American Properties successfully repositioned Atlantic Station, and has since sold the retail development to another group. Now, Mark and his team are working to transform Colony Square into the next great Midtown place to be!

Atlanta Magazine, in 2015, named Mark Toro as one of the “55 Most Influential Atlantans.”

Additionally, North American Properties has been tapped to develop a mixed-used project around the Infinite Energy Center in Gwinnett County, some 30 miles from Midtown Atlanta. This is a unique public/private project, being built on land Gwinnett County owns. (The parking lots around the Arena will become garages and mixed-use buildings!

Mark is a Midtown Atlanta resident, and serves on the Midtown Alliance’s Executive Committee.

Bisnow, a business publication recently published an interview with Mark Toro, which you can find HERE.

Thanks Mark, for all that you have done, and are doing for Midtown Atlanta and beyond!

Park Modern Midtown Atlanta

New Hotel Proposed for Beltline in O4W

Embassy Suites Atlantic Station Moves Forward

Coworking Spaces in Midtown and Downtown Atlanta

Coworking Spaces in Midtown and Downtown Atlanta

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