725 Ponce

725 Ponce, located at 725 Ponce De Leon Ave NE, Atlanta, GA 30306. Location, Location, Location! This is one of our Brokers, Jon Christensen, top buildings for amenities. He highlights the fact that it overlooks the Beltline’s Eastside Trail and is adjacent to Ponce City Market. The complex offers a feel of the city’s history as it is surrounded by views of the Old Ford plant and other established buildings. The building itself is mixed-use offering open Class A loft offices, retail, and livable spaces. With the proximity to the belt-line this complex exudes walkability. The area itself is home to some of Atlanta’s new workforce, the next generation of worker prefer a higher quality of amenities. With is branding of “Reimagine Office Space in Atlanta”, this building is one of the leaders in collaborative workspaces. 725 Ponce is steps from retail, restaurant, AND recreation space. Some of the best the city has to offer is right outside. Common areas include a Terrace level lounge with a café, and an area known as The Library, featuring a pool table. 

A few other amenities worth mentioning:

• Roof terrace and Beltline Terrace

• 900+ parking spaces

• LEED Silver certified

• Shuttle to Marta

• Chef-driven restaurant

Several other developments are in the works surrounding the campus, making this the place to be. Property is owned by New City Properties. 

More Mixed- Use Mega- Developments Move into Dunwoody

With Dunwoody’s proximity to I-285, GA 400, and Marta rail it’s no big surprise the area is the next in the Mixed-Use development phenomenon that is spreading through Atlanta. The "Central Perimeter" market is the largest submarket in Atlanta metropolitan area with over 35,000,000 square feet.   The central location allows companies to recruit easier from the whole metro area as it sits in the middle of the Northern suburbs.  With “ease of access” as the theme, these Transit Oriented Developments (TOD’s) projects will truly transform the landscape of the area.  These TOD'S sites are the first developers choose to leverage retail exposure and ridership with our MARTA system.

Three impressive developments are in process or plan to break ground this year.

Park Center, located at the intersection of Hammond Dr. and Perimeter Center Pkwy. Park Center is working on phase II as phase I was completed the end of 2016. Phase II will be a larger project, which will include two office towers, a pedestrian bridge that connects to Phase I, and a Dunwoody Marta Station. It will also have all of the mixed-use amenities which include restaurants, retail, and residential housing. The two office towers have a complete date of January 2020 for the first, and January 2021 for the second. An appealing aspect of the plan includes a multi-use trail and public space to surrounding parks.

Twelve24, located at 1224 Hammond Dr. in Dunwoody, broke ground in July 2018.  With completion ending some time in February 2020 this project will add 334,000 SF of Class A office space and 11,000 SF of restaurant and retail space. Insight Global is already confirmed to occupy about 50% of the building space.  Developers boast a large open floor plan with floor-to-ceiling glass, extensive outdoor terraces and “best-in-class” amenities.

High Street, will be located at Perimeter Center Park and Hammond Drive near the Dunwoody Marta Station. Though plans for this development started over 10 years, they reemerged in 2015-with realization now just around the corner. Ground-breaking is expecting towards the end of 2019, and this 40-acre plan looks to be one of the largest projects in the area. The first phase includes four 8-story apartment buildings, a row of townhomes, and a 16-story apartment building, 12-story office tower and a 7-story parking deck. While not confirmed, ground floor restaurants and retail have been mentioned.

Midtown ATL Booms: West Midtown is as Hot as it gets

Three major projects are underway in West Midtown district that will transform the Midtown experience.  There are five other reciprocal developments that are also in progress. Most of these developments are a “stone’s throw” away from each other, which should provide a synergistic atmosphere in the area.

The Works 1235 Chattahoochee Ave. NW Atlanta, GA 30318: Atlanta developer Selig has committed to a long-term plan for this 80-acre project, which will transform 40 historical structures to retail, residential and “creative office space”.

Star Metals 1050 Howell Mill Atlanta, GA 30318: “Iconic Architecture” and 185,000 SF of class A office space is being promoted by the developer. This project promises to take live, work, play to a higher level with unparalleled amenities offered to residential, retail, and office tenants.

The Interlock Corner of Howell Mill Rd. & 14 St. NW, Atlanta, GA 30318: This mixed-use development is to include hotel and single-family homes. Notably, this venture is set to include a Georgia Tech program that will control 25% of the office space for use to promote and grow tech start-ups in the southeast.

Phases for these projects are scheduled to begin in 2020, with overall completion expected in 5-10 years.

 The four of the five other developments, Osprey, and 8 West, 788 West Midtown, and Inland Tract all have similar timelines. While comparable to The Works, Star Metals and The Interlock will not be as substantial in size.

Another project which has not yet broken ground, is a massive mixed-use development, Quarry Yards. This venture should get underway sometime in the second quarter of 2019.

We think this is certain to keep the area growing for the next several years. With the only concerns being the impeding traffic, and no direct access to the east west corridor. As expected, this expansion of West Midtown will appeal to the pioneer companies who seeking to attract young tech workers that prefer in-town living. This young talent pool is already nearby at Georgia Tech, Georgia State, Morehouse, Spellman, Emory, and University of Georgia, graduating just over 60,000 students per year.

Additional Project Highlights:

The Works at Chattahoochee

• 80 acres mixed use

• Will be  adapting 40 existing structures

• Completion/delivery in phases

• Full completion in 5-10 years

• 500 residences, 200 room hotel, 13 acres of greenspace

Star Metals

• Office, Residential, hotel, retail

• Dual Buildings

• Unique Architecture

• 185,000 SF of contiguous space

• Exclusive Marta Shuttle

• Close to Arts Center Station Rail

The Interlock

• Office, Retail, apartments, hotel

• 70 Single Family Homes

• GA Tech venture will control 25% of the office space

• 125 room hotel

• Southwest corner of Howell Mill Rd. and 14th Street

5 other large projects in the area

 Osprey

• Howell Mill and 10th

• Luxury rentals

• 13,000 SF restaurant/retail

• Will link together White Provision District and Marietta Street Artery

• Residential rental amenities noted at “the usual”- Resort style pool, fitness center, juice bar, pet spa, etc.

8 West

• Office, retail, and apartments

• Will incorporate Hathaway Gallery

• Ride share drop offs

• 175,000 square feet of office space across nine floors

• 10,000 square feet of ground-level restaurant and retail

• 264 apartments

 788 West Midtown

• Glassy residential only high-rise

• Expected to be 20 stories high

• To include 2 bedroom/2 baths (1,129 SF)

 Inland Tract

• Will offer “creative” office space

• 2 Mid-century warehouse to be turned into 80, 000 SF of offices

• Office will offer large windows and skylights

• Courtyard will provide casual meeting spaces

• Scheduled to open Fall 2019

 Quarry Yards

• Adjacent to Bankhead Marta station

• 70 acres mixed-use

• Office, retail and restaurant on 650,000 SF of space

• 850 Residential units

• 300 Room Hotel

• Backed by former Braves Player, Mark Teixeira

Will Brookhaven be the Next Mixed-Use Boom?

Welcome to the gem of the metro Atlanta area, Brookhaven. Located in western Dekalb County just past thriving Buckhead. With only a 20- minute drive from Atlanta, this community has much to offer.  Rated as one of the best places to live in Atlanta, Brookhaven is known for its affordability and strong school system.

Why Brookhaven?

Affordable Mobility. Lime is a company that places rentable bikes and electric scooters for a fee. City officials recently approved Lime’s permit application to install scooter systems throughout Brookhaven.

Major employers. AT&T Mobility, Children’s Healthcare of Atlanta, and Emory Orthopedics, are just some of the major brands that call Brookhaven home. The Weather Company, owners of the Weather Channel, announce they are in need of more space.

More MARTA. “Arterial Rapid Transit” systems are planned for the area. Arterial Rapid Transit means a bus that runs especially frequently and with priority at signals and in lines. The “Peachtree route” would run through Buckhead between Five Points station in Downtown to the Brookhaven/Oglethorpe Gold/Red Line station in Brookhaven.

(‘More MARTA transit in Buckhead with take more money’ https://www.reporternewspapers.net/2018/10/13/more-marta-transit-in-buckhead-will-take-more-money/)

Education. Oglethorpe University is located in Brookhaven. While easily not the largest university in the state, it is a beneficial component to the area. Articles suggest that, depending on your industry, locating your business near a University has many collaborative incentives.

Peachtree Creek Greenway. This multi-use trail that is currently under construction along Peachtree Creek. Once complete it promises to connect Atlanta, Brookhaven, Chamblee and Doraville. This surely will be an amenity that coincides with mixed use development lifestyle.