1105 West Peachtree

1105 West Peachtree is a mixed-use development currently under construction in Atlanta, Georgia, United States. Located along West Peachtree Street in Midtown Atlanta, the development would consist primarily of a 32-story office building and a smaller residential tower called 40 West 12th.

1105 West Peachtree
1105 West Peachtree under construction (2020)
LocationAtlanta, Georgia, United States
Address1105 West Peachtree Street
Coordinates33°47′5″N 84°23′15″W
StatusUnder construction
GroundbreakingOctober 28, 2019
Estimated completionSpring 2021
Companies
ArchitectRule Joy Trammell & Rubio
ContractorBrasfield & Gorrie
OwnerSelig Enterprises
Technical details
Size3.5 acres (1.4 ha)

History

The project, occupying a 3.5-acre (1.4-hectare) lot on West Peachtree Street in Midtown Atlanta, was announced by Selig Enterprises in December 2016.[1] The project, which they announced would begin construction the following Summer, would consist of a 32-story office building featuring 645,000 square feet (59,900 m2) of office space and a residential building housing 80 residences and a 150-room hotel.[2] These two buildings would be connected by a raised plaza, with additional street level retail on the site.[3] The architecture firm Rule Joy Trammell & Rubio would design the project, which had an expected cost of $400 million.[2][3] In June 2017, Selig had applied for permits to demolish three preexisting buildings on the site, including the Dr. Marion Luther Brittain, Sr., House, which was listed on the National Register of Historic Places.[4] Permits were approved later that year,[5] and by January 2018 the buildings were demolished.[6] The next month, it was announced that the hotel for the project would be part of the Autograph Collection by Marriott International.[7][8]

Advertisement for 1105 West Peachtree

In December 2018, Selig announced that construction on the project would begin in January of the following year. That same month, the project signed on its first tenants, a law firm relocating from Promenade II.[9] By April 2019, condominiums at the property were being sold, with an opening scheduled for Spring 2021.[10] In October, Cushman & Wakefield, acting for Selig, secured $340 million from The Blackstone Group, covering much of the budget, which by this time had risen to approximately $530 million.[11] That same month, it was announced that Google was planning to occupy around 400,000 square feet (37,000 m2) of office space, making them an anchor tenant for the project.[12][13] The project held its official groundbreaking on October 28, 2019.[14] By December 2019, specifications for the project had changed slightly, with plans for 675,000 square feet (62,700 m2) of office space, a 178-room hotel, and 64 condominiums.[15] In January 2020, Brasfield & Gorrie were announced as the project's general contractor, and that same month, the raised plaza, which will serve as a connecting deck between the two buildings, topped out.[16]

References
  1. Kahn, Michael (December 8, 2016). "Prime Midtown block could be swallowed by mixed-use towers". Curbed Atlanta. Vox Media. Archived from the original on November 6, 2020. Retrieved September 1, 2020.
  2. Sams, Douglas; Wenk, Amy (December 8, 2016). "Selig Enterprises plans $400 million Midtown mixed-use project (SLIDESHOW)". Atlanta Business Chronicle. American City Business Journals. Archived from the original on November 8, 2020. Retrieved September 1, 2020.
  3. Trubey, J. Scott (December 9, 2016). "Selig to launch three-tower Midtown project". The Atlanta Journal-Constitution. Cox Enterprises. Archived from the original on November 7, 2020. Retrieved September 1, 2020.
  4. Kahn, Michael (June 13, 2017). "Midtown block to transform from parking lots, historic building, to high-rises". Curbed Atlanta. Vox Media. Archived from the original on November 11, 2020. Retrieved September 1, 2020.
  5. Kahn, Michael (October 26, 2017). "In Midtown, construction fences are up for block-swallowing development". Curbed Atlanta. Vox Media. Archived from the original on November 6, 2020. Retrieved September 1, 2020.
  6. Kahn, Michael (January 11, 2018). "Entire Midtown block bulldozed for massive mixed-use project". Curbed Atlanta. Vox Media. Archived from the original on November 11, 2020. Retrieved September 1, 2020.
  7. Sams, Douglas; Wenk, Amy (February 2, 2018). "$400 million Midtown project to have hotel, condos". Atlanta Business Chronicle. American City Business Journals. Archived from the original on October 27, 2020. Retrieved September 1, 2020.
  8. Kahn, Michael (February 6, 2018). "Condo tower at block-swallowing Midtown development has branding, more details". Curbed Atlanta. Vox Media. Archived from the original on September 20, 2019. Retrieved September 1, 2020.
  9. Spivak, Caleb J. (December 24, 2018). "[Renderings] Selig's 1105 West Peachtree Towers To Break Ground In January". What Now Atlanta. Archived from the original on November 7, 2020. Retrieved September 1, 2020.
  10. Habersham, Raisa (April 8, 2019). "Residents can buy a new luxury Midtown condo for at least $500K". The Atlanta Journal-Constitution. Cox Enterprises. Archived from the original on November 6, 2020. Retrieved September 1, 2020.
  11. Spivak, Caleb J. (October 24, 2019). "[Renderings] Epicurean by Marriott To Flag 1105 West Peachtree". What Now Atlanta. Archived from the original on November 6, 2020. Retrieved September 1, 2020.
  12. Sams, Douglas (October 24, 2019). "Google may be planning significant expansion in Midtown tower". Atlanta Business Chronicle. American City Business Journals. Archived from the original on October 27, 2020. Retrieved September 1, 2020.
  13. Keenan, Sean Richard (October 25, 2019). "Developers announce hotel flag for Midtown's block-swallowing 1105 West Peachtree". Curbed Atlanta. Vox Media. Archived from the original on November 7, 2020. Retrieved September 1, 2020.
  14. Habersham, Raisa (October 29, 2019). "Google announces $1M initiative to help Georgia nonprofits". The Atlanta Journal-Constitution. Cox Enterprises. Archived from the original on November 25, 2020. Retrieved September 1, 2020.
  15. Keenan, Sean Richard (December 23, 2019). "Mapped: Midtown development pipeline includes 26 major projects right now". Curbed Atlanta. Vox Media. Archived from the original on November 12, 2020. Retrieved September 1, 2020.
  16. Keenan, Sean Richard (January 15, 2020). "Fresh renderings: Midtown's 1105 West Peachtree is changing a full city block". Curbed Atlanta. Vox Media. Archived from the original on November 18, 2020. Retrieved September 1, 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.