Work has begun on the 28-story luxury-apartment building at 1441 Peachtree Street in the Midtown Arts District.
The 350-unit tower will have an internal skybridge leading to coworking facilities, a fitness center, pool with sundeck, wine bar, rooftop bar and two restaurants in the lobby. It will be located near several cultural attractions, including the High Museum of Art, Atlanta Symphony Orchestra, Savannah College of Art and Design (SCAD) and the Breman Jewish Heritage Museum.
A joint venture between Atlantic Residential, FIDES Development, Capital City Real Estate and Mitsui Fudosan America is developing the project, which will be near Pershing Point Park, Piedmont Park and Ansley Park. The first units are expected to be delivered in June 2024.
“The inspiration for the architectural character of the building came from two iconic landmark structures placed on opposite ends of the Arts District: The High Museum by Richard Meier to the south, representing an icon of high art, and the SCAD ‘Forty‘ building to the north, an on-campus residential community,” said project architect Andres Rubio, principal at Niles Bolton Associates. “The emerging composition is a dialogue between the two inspirations and creates a rhythmic façade of superimposed grids, tones, solids, planes and voids.”
Kimley-Horn is providing landscape design and civil engineering services, and the general contractor is Brasfield & Gorrie. A JLL Capital Markets team led by managing directors Gregg Shapiro and Matt Casey arranged the joint-venture equity through Mitsui Fudosan America.