Atlanta Intown - December 2021

Page 26

REAL ESTATE BRIEFS ►The owners of Peachtree Center in Downtown won’t confirm several social media postings that it plans to convert one of its office towers into residential. A Linked In post by real estate agent Tim Wright with Avison Young said the 27-story South Tower of Peachtree Center would be converted to 340 residential units by 2023. Whether the residential will be condos or apartments is unclear. However, Taylor White, the principal, senior managing director and chief investment officer with Peachtree Center’s owner, Banyan Street Capital, would not confirm or deny the project in a statement emailed to Atlanta Intown. “We are big believers in the future of Downtown Atlanta and have made significant investments at and around Peachtree Center, such as our Ascent Peachtree project. While we are excited about the possibilities for this tower, it’s too premature to share specific plans at this time.” ▲Ken Covers of Engel & Volkers Atlanta made the highest sale in Morningside for the year with a $3.3 million stately mansion 1664 W. Sussex Road NE. The completely renovated, six-bedroom circa 1949 home was only on the market for a month before it was snapped up. ◄The 13th annual Home for the Holidays Designer Showhouse & Marketplace is welcoming visitors now through Dec. 12. This year’s home is located at 3466 Old Plantation Road and is decorated to the nines by some of the region’s top designers. There’s also pop-up shops, floral demonstrations, candlelight tours and more. For details and tickets, visit atlantaholidayhome.com.

REALTOR®

F E AT U R E D H O M E S

SOLD

UNDER CONTRACT ▲McShane Construction Company was selected by Mercy Housing Southeast and their partner, Project Community Connections Incorporated, to build Thrive Sweet Auburn. The new mixed-use development will combine117 affordable apartment units with 11,400 square feet of ground-floor office space for PCCI. Twenty-three of these units will be permanent supportive housing for individuals and families transitioning out of homelessness.

4744 IVY RIDGE DRIVE Atlanta, Georgia 30339

688 E. MORNINGSIDE DRIVE Atlanta, Georgia 30324

OFFERED FOR $774,900

OFFERED FOR $1,325,000

WITH OVER 20 YEARS OF EXPERIENCE AS A REALTOR®, CALL ME FOR ALL OF YOUR REAL ESTATE NEEDS.

CARMEN POPE c. 404.625.4134 | o. 404.874.0300 carmenpope@atlantafinehomes.com atlantafinehomes.com | sir.com Atlanta Fine Homes, LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated.

26 DECEMBER 2021 |

►Condo development 40 West 12th has opened to its first residents and prospective buyers. Co-developed by Selig Development and Rockefeller Group, the building offers 64 residences at mixed-use 1105 West Peachtree, which includes the new Epicurean Atlanta hotel and an office building anchored by Google. Current pricing at 40 West 12th ranges from $1.1 million to $2.6 million and above, with Engel & Völkers Atlanta leading the sales efforts. Find out more at 40west12th.com. At l a n t a I n t o w n Pa p e r. c o m


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