U.S. luxury homebuilder Toll Brothers Inc. and a subsidiary of global asset manager PGIM formed a joint venture to develop Momentum Midtown, a 36-story luxury apartment tower at 1018 West Peachtree St. in Atlanta.
Toll Brothers Inc. unit Toll Brothers Apartment Living will manage the development, marketing, leasing and property management of the development, which will rent market-rate studios and one-, two- and three-bedroom luxury apartments with a 431-space parking garage for residents. The community will feature a resort-style rooftop pool and lounge with cabanas, outdoor bar, dining room, exhibition kitchen, theater, indoor/outdoor game room and sky lounge. Other amenities include a fitness center, club room and coffee bar, co-working space, Wi-Fi throughout the property and a pet spa.
Toll Brothers Apartment Living President Charles Elliott said Momentum Midtown will be Toll Brothers’ fourth project in Atlanta.