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3 minute read
REAL ESTATE BRIEFS
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During its June meeting, the Midtown Development Review Committee (DRC) got a second look at Cousins Properties’ plan for a 32-story office tower at 901 West Peachtree Street. Since their initial presentation in June 2018,
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Cousins acquired additional property to the east which allowed the parking garage to be reconfigured for greater efficiency and for all service and loading functions to be completely internalized. The redesigned garage now appears almost as a separate building, clad in brick and partially tucked beneath the tower. The design team looked to surrounding buildings, such as Ecco and MidCity Lofts, for inspiration on cladding the deck and creating a counterpoint to the glass tower. The DRC recommended screening the internal service drive with high-speed roll down doors and modifying the approach to the main entrance to create a direct path from the sidewalk. The other project DRC reviewed was 1020 Spring Street, the threetower Portman Holdings project that will incorporate historic Spring Street Chapel/ Mortuary into its design. Since May, Portman has eliminated the synthetic stucco on the façade of the residential tower, expanded the width of the sidewalk on Spring Street to meet the Midtown Streetscape Standards, and added a traffic signal at the north curb cut on Spring Street. Additionally, the development team proposed reducing the width of the north curb cut on Spring by eliminating the ingress driveway. Portman agreed to provide an updated site plan illustrating the revised curb cut configuration and illustrating the circulation path for pedestrians and cyclists who wish to travel through the middle of the site for access between Spring and Williams Street. The DRC asked for more details on the north elevation of the hotel.
Metro Atlanta real estate professionals Hugh Gilliam and Joe Hartley, both formerly of Atlanta Communities Real Estate Brokerage, have joined RealtyHive as Director of International Real Estate and Vice President of Georgia, respectively. Both men are industry veterans and will be heading the new Atlanta office for RealtyHive. For more information, visit door.realtyhive.com/gilliamhartley.
◄More than 60 percent of the senior community homes at the new Kingsboro at Lenbrook in Buckhead have already been sold. The $116 million development features luxury homes that include Lenbrook’s services and amenities, including five distinct dining, fitness center, on-site healthcare services. The expansion will have an enclosed, climate-controlled connector between Kingsboro at Lenbrook and the main campus. There will also be an on-demand shuttle service to the main campus. This expansion will bring Lenbrook’s total number of residences to 478 including independent living, assisted living, and Medicare-certified skilled nursing. For more information, visit Lenbrook-Atlanta.org.
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The Macallan Group (TMG), an Atlanta-based real estate, construction and investment company, has created two luxury spec home developments in Buckhead – Randall Mill Way and Paces Walk. Each community features five luxury spec homes, with prices ranging from $3 million in Paces Walk and up to $7+ million in Randall Mill Way. The homes in both communities are being built by David Childers of Macallan Homes, the residential building division of The Macallan Group. For more information, visit macallangroup.com.
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Engel & Völkers Atlanta sold movie mogul Tyler Perry’s former $15 million Buckhead estate with Lisa Robinson of the Robinson Group acting as the buyer’s agent. The sale of the 35,0000-square-foot property marks the highest priced sale in 2020 to-date with the deal coming together during Georgia’s statewide shelter-in-place order.
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Brookhaven Commons, a new single-family neighborhood in the heart of Brookhaven, offers 26 single family homes built around a courtyard with between 2,700 and 3,300 square feet starting in the high $600s. Visit brookhavencommons.com for more details.
►The Brightstar Team | COMPASS team is marketing Warren, a new townhome in Kirkwood. Warren boasts 15 modern luxury townhomes priced from the mid$500,000s from developer JACKBILT. With four floorplans to choose from, the development includes white brick exterior, rooftop terraces, two-car garages and many other options and amenities. For more, visit warrenkirkwood.com.
Compass Development has announced completion of The Dunhill, a luxury condominiums in Sandy Springs. The five-story, boutique style, gated community features 19 flats that offer two- and three-bedroom homes. Homes are priced in the low $400s. Visit ownthedunhill.com for more information.
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Dorsey Alston, Realtors has added nearly a dozen agents to its team since March, including Lisa Smith, Fran Booth, Tina Maddox, Jenni Wilson, Catherine Young, Shellie Salazar, Virginia Hopkins, Hilary Young, Elena Ferro, Garrett Davis, Taylor Schwieger and Kate McKenzie.
Engel & Völkers today announced the brand’s expansion into Highlands-Cashiers, NC, the brand’s fifth location in the state. Engel & Völkers Highlands Cashiers is a result of a partnership with Old Cashiers Realty, a leading local brokerage founded by Mark and Grace Battle that serves the Highlands-Cashiers Plateau. The Battles will serve as the shop’s license partners, while Mike Blaylock will be its managing broker, and Ken Fernandez, bringing 16 years of experience, will serve as the shop’s president. For more information, visit highlandscashiers.evrealestate.com.
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