REAL ESTATE BRIEFS

Luxury homebuilder Toll Brothers has proposed a combination development that would feature one tower for student housing and another for market rate apartments. According to a report from Midtown Alliance, the Midtown Development Review Committee (DRC) got its first look at the project at its July 16 meeting. The property is at 1081 West Peachtree Street, but would also front Spring Street, just behind the Hanover West Peachtree complex. A 22-story tower would offer 205 units of student housing, while a second 27-story tower would feature 385 apartments. Both towers would have street level retail/restaurant space – roughly 8,000 square feet total. The towers would share an 8-level parking deck with approximately 712 spaces. The site plan includes a new private street on the southern edge of the property, which would allow for service and loading to be handled internal to the site. The DRC recommended the addition of continuous sidewalk, accommodations for ride-share passenger drop-off and short-term parking, more specificity about exterior building materials and adequate screening of the parking garage to block it from the residents in the Hanover building.

Windsor Homes is planning a condo project at 501 Boulevard in the Old Fourth Ward that would feature 27 one- and two-bedroom units, according to a report from Atlanta Business Chronicle.

Harry Norman, Realtors has launched Harry Norman, Realtors Philanthropy Fund in partnership with the Community Foundation for Greater Atlanta to showcase the firm’s commitment to Atlanta’s people and neighborhoods throughout the metro Atlanta region. Throughout the year, sales associates contribute an amount from each closing to the Philanthropy Fund. The real estate firm will participate in matching funds to further enhance the community impact. Each of the 16 Harry Norman, Realtors offices will participate in the process to identify and support the important charities in their communities.

Celebrating its 1st anniversary, Berkshire Hathaway HomeServices Midtown office recently feted its executives, agents, and a roster of new agents with a champagne and dessert reception. Held at the office’s Midtown location, 11 14th Street, the office’s Senior Vice President and Managing Broker Valerie Levin welcomed guests to the contemporary, state of the art office. Toni McGowan, Executive Vice President of Berkshire Hathaway HomeServices, was a special guest and commented, “The Midtown office has already achieved a high level of sales and is dominating the Midtown residential market.” Designed by the acclaimed interior specialist David Long, the office is easily recognizable from the street by its cascading lighting features.