Atlanta Condos For Sale

Another Midtown Parking Lot Soon To Be Gone

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Parking in Midtown Atlanta is going to be a premium…..more so as the surface lots getting “eaten up” by new construction buildings. And Another Midtown Parking Lot Soon To Be Gone!

Another Midtown Parking Lot Soon To Be Gone

A 14-story dual brand hotel has been proposed for the parking lot just across Ponce de Leon Avenue from the Fox Theater. The hotel will consist of 154 rooms under the Marriott Courtyard flag and another four floors with 128 rooms in the Marriott Element brand. The hotel floors sit above five levels of parking with 185 spaces that will be accessible to the public. Automobile access to the building will be provided off Ponce with a circular drop-off area and internal ramps to the deck above.  The developer proposed a ground floor restaurant and lounge/bar at the corner with a second floor terrace overlooking this iconic intersection which is anchored by the Fox Theatre, Georgian Terrace and Ponce Condos.  

640 Peachtree Street Marriott Courtyard

Of course, many of the residents of Windsor Over Peachtree with North facing views will have….no more view. In fact, they will be looking right at a parking garage for those first 6 or so floors, depending on how the garage lays out. And the remaining floors will either be looking at the garage or the guest rooms of the hotel. Hmmmm.

I always work with my clients when showing Midtown Atlanta condos, and mention any possibilities of what could happen to a view, along with the statement, “no view is ever guaranteed.” And it’s true. Now, if a newer building has just been built, you may know what your view will be for awhile…but anything low-rise could be subject to a sale and a tear down. 

This location will certainly be helpful to out-of-town visitors in for an event at the Fox Theater, as well as the Emory Crawford Long Hospital is just two blocks South of this location. Access to the hotel without a car, will be easy as the North Avenue MARTA station is in the same block as the hotel. The address of the parking lot is 640 Peachtree Street and is shown on the map below.

 

Search Midtown Atlanta Condos For Sale HERE!

MIDTOWN GARDEN DISTRICT MASTER PLAN ADOPTED

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Midtown Garden DistrictAs you may know from visiting this website, we primarily focus on the condo living options of Midtown Atlanta. Alas, but there IS another option in Midtown…and that is the Historic or Garden District! 

MIDTOWN GARDEN DISTRICT MASTER PLAN ADOPTED

Tucked in the trees, and away from the hustle of Peachtree Street is the Midtown Garden District. Here, tree-lined streets lead to historic homes built in the 1920’s to the 40’s. There are the occasional small apartment complexes and even some condo conversions tucked in…but it’s mostly these stately homes. 

The Midtown Neighbors’ Association has long been the residents voice for ALL of Midtown Atlanta. Not just Peachtree Street. And not just the Garden District. It has listened to, and addressed many concerns from the neighbors, who’s challenges can vary based on where they live. Peachtree Street residents have dealt with rowdy clubs, and the Garden District has dealt with safety (the need for more street lights) as well as preserving the unique character of the area. 

Enter the Midtown Garden District Master Plan. 

Historic Midtown Garden DistrictOn Monday, November 6, 2017, the Atlanta City Council adopted legislation to include the Midtown Garden District Master Plan into the Comprehensive Development Plan for the City of Atlanta. It sets forth the development vision, policies and an implementation plan for the City and its neighborhoods for the next 20 years.

The Midtown Garden District is bounded by 10th Street, Ponce de Leon Avenue, Piedmont Avenue and Lakeview Avenue. The district is characterized by early twentieth-century historic homes, mid-century apartment buildings, a compact street grid, rolling topography and extensive mature tree canopy. In 1999, it was added to the National Register of Historic Places.

The Midtown Garden District continues (and will continue to) see increased development pressures, traffic impacts and aging infrastructure issues. By creating a master plan, it will help ensure that future neighborhood growth meets the vision of today’s neighbors. The process was about building consensus around what the neighborhood wants to see in the future. Neighborhood residents came together to collaborate in dozens of public workshops and focus group meetings and participated in a two-month online survey. The Strategic Planning Committee and Planners also held countless smaller more intimate conversations with residents to hear their concerns. 

You can read more about the Midtown Garden District Master Plan at the neighborhood website. 

Data Privacy OneTrust adds 500 Midtown Jobs

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The good news for jobs in Midtown just keeps on coming….as data privacy OneTrust adds 500 Midtown jobs! 

Midtown Atlanta OneTrust adds 500 jobsThe company has developed technology that helps business protect sensitive personal data of employees and customers. (Maybe they could cruise up Spring Street and visit the Equifax office…they seem to need some help!)

As part of a $5M expansion, the footprint of OneTrust’s Midtown office will double. They plan to lease an additional floor in the Midtown Heights office building on Spring Street. The company was launched March, 2016 and is co-headquartered in London. Their software is in demand as the European Union and other regulators are working to protect the privacy of citizens with new laws. 

Businesses are collecting more and more consumer data (seen those crazy ads pop up on Facebook right after you searched for a new car?) and this makes them cyber-hacking hot spots! Just ask Equifax, also located in Midtown…that just announced a massive data breach.

In the ABC article, “OneTrust’s growth is fueled by the macro trends of organizations collecting more personal data than ever before; IoT making this data even more sensitive; big data pressuring organizations to analyze and use the data in new ways; and consumer demand for additional privacy rights,” OneTrust CEO Kabir Barday noted. “All of this is putting pressure on organizations to think twice about how they protect the information they hold.”

OneTrust employees that may be relocating to Midtown Atlanta as new hires for the company will have numerous housing choices…from luxury apartments to high-rise condos.  The Midtown Heights Building is convenient to the Arts Center MARTA station. This area of Midtown is starting to see more construction that should bring dining options nearby. Those looking for more space in townhome living can look at exciting areas like Chamblee and Brookhaven for other options! Chamblee offers the most direct access to MARTA, making for an easy commute to Midtown. 

MyMidtownMojo and Thomas Ramon Realty are ready to help the new employees of OneTrust find just the perfect place to call home! Contact us today at 770.713.1505 or just fill out the Contact Form and we will be happy to answer any questions you may have!

 

 

Accenture to Add 800 Midtown Jobs at Tech Square’s Centergy Building

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We often wonder who will occupy all these new apartments coming into the Midtown Atlanta area. Ahhh….here is one clue!

Accenture to Add 800 Midtown Jobs at Tech Square’s Centergy Building

Accenture GATech SquareAccenture, a professional service company is planning a major expansion in Midtown…that will add some 800 jobs! The addition will happen in Tech Square’s Centergy building, where Accenture will add some 40,000 sq. ft. to their existing 33,000 square feet. 

Part of the expansion — which will make the company the largest tenant in the 14-story tower — is the opening of a 30,000 sq.ft. “innovation hub.” The company has indicated they want to open 10 such centers by 2020.

The Atlanta innovation center will focus on programs like web and application development along with other IT services. 

Employees of Accenture will have numerous housing options to consider! From several new luxury apartment towers to existing condominium buildings like Viewpoint, Spire or Plaza Midtown…all within in easy walking distance of Tech Square and the Centergy building. 

If you are an employee, and need help finding a new home here in Midtown Atlanta for your new position at Accenture, give us a call. Or complete the form below and will be in touch with you as soon as possible. We look forward to making your move to Midtown Atlanta as easy as possible!

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Midtown and the Midtown Alliance

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Midtown AllianceAs I’m on the streets of Midtown Atlanta daily, and especially when I’m on a balcony of a high-rise building, I can certainly look back and remember when __________(fill in the blank) was a vacant lot. But when you talk with a prospective buyer who has never been in Midtown before, they may not realize just how much it’s changed. 

Midtown Alliance and the Midtown Improvement District

Just like train or a car that need an engine to power them, so does economic development. One of the ways this can happen is through a community improvement district (CID). Midtown happens to call theirs the Midtown Improvement District. What’s so important about this?

A CID is a mechanism whereby the property owners agree to self-tax themselves in order to fund infrastructure improvements to a certain area. They establish the boundary and then work to improve that area. (This is a very simplistic explanation of what a CID is. (The Midtown Alliance has more information on their website)

What Has The Midtown Alliance Done in Midtown?

Hmmm…

  • 1000+ new street trees
  • 15+ miles of sidewalk improvements
  • Keeping Midtown Clean and Green
  • $9M of public improvement projects
  • New public art
  • 3,500 light poles

The list goes on, and on. 

And there are social events to engage the residents. Active social media presence on Facebook and Instagram to keep tabs on what’s going on!

In just a 1.2 square mile where the Improvement District functions, look at all that has happened…

Thanks Midtown Alliance!

Midtown Atlanta and Midtown Alliance

AC/Moxy Hotel Midtown Atlanta Starts Vertical Climb

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Well gasp! Not EVERY crane in Midtown Atlanta is a rental apartment building. (Mind you that is probably 75-80% of them!) One of those cranes is on 14th Street and belongs to the AC/Moxy Hotel Midtown Atlanta! 

AC/Moxy Hotel Midtown Atlanta Starts Vertical Climb

Marriott AC Moxy Hotel Midtown AtlantaI think I missed getting photos of this parking lot before the construction started on the parking lot between the Four Seasons and the Marriott Suites hotel. But as Curbed Atlanta has reported, we are starting to see columns rise as this hotel gets under way! This unique hotel combo concept is being developed by Noble Investment Group and is a $70 million project!

As reported in the Atlanta Business Chronicle, this will be the first ever combination of the two hotels. The AC Hotel is a contemporary European-inspired property while Moxy is aimed at the Millennial traveler with lower priced rooms and smaller in size. AC will have 155 rooms and Moxy will be 133. 

Look to see guests checking into this cool space sometime in 2018. 

The hotels will share an amenity deck with a rooftop pool and bar! (I like the sounds of that…’cept for the hotel bar pricing?) Maybe it will be a new hot spot in Midtown! 

You can learn more about Moxy Hotels HERE! And you can see the long list of properties scheduled to open, including locations like Minneapolis, Denver, Nashville and Washington, DC…just to name a few!

Check out more information about AC Hotels HERE! Lots of locations in the U.S. including Phipps Plaza Buckhead and Downtown Atlanta for a local view. (Reminds me…I need to pop into one of these and do a follow up report, don’t I?)

Thom Abbott

Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office

 
 
 
 
 
 
 
 
 
 

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