Newspaper Page Text
Home & Heal Estate
City Living \ Neighborhoods \ Development
CONDOS & TOWNHOMES
Desire to live near amenities spurs new development boom
By Kathy Dean
Before the global recession, condo developments
were being built so quickly around Atlanta that it was
nearly impossible to keep up with them. With real estate
in full recovery mode, condos and townhomes are
becoming desirable again as Intowners look for more city
amenities.
Potential homeowners want to enjoy the shopping,
restaurants, arts, culture, parks and the Atlanta BeltLine,
which has spurred new high-end condos and townhomes
in the city. Decatur is also getting in on the act, too.
Seventh Midtown, a new nine-story boutique
condominium optimally situated at the corner of
Peachtree & 7th, will offer residences that start in
the $700s. Thirty percent are already under contract,
although the ground breaking is scheduled this fall, with
plans to begin closing in late October 2015.
Anne Schwab, Vice President SkyRise/New Homes
Group, Atlanta Fine Homes Sotheby’s International
Realty said, “Interest in Seventh Midtown has been
exciting. Midtown residents are eager to be part of such
a cutting edge condominium building. With only 20
homes available, residents appreciate and understand
the exclusive opportunity to own at Seventh, and buyers
want to take advantage of the current presale pricing.”
She said that the build-out is almost complete for
the temporary placement of the 7th Street Starbucks in
the Shops at Viewpoint. Once Starbucks is relocated, the
area will be cleared for construction to begin on Seventh
Midtown. Starbucks will move back to become the
building’s corner retailer after the building is completed.
“Our residents are looking for more square footage
than Midtown condominium buildings generally offer,
and they appreciate the luxury finishes and features
Seventh Midtown will provide,” Schwab explained. “They
also want a lock-and-go lifestyle and walkability to fine
dining and shopping, with easy access to Piedmont Park,
the Fox Theater and the High Museum.”
The spacious open floor plans feature top-of-the-line
designer finishes, such as Italian custom-designed Pedini
cabinetry, Wolf and Sub-Zero appliances, Silestone
countertops and Waterworks fixtures throughout the
home. The homes are also equipped with the latest
smart home technology, including a Control4 home
automation package.
It’s hard to imagine a more central, exciting location
in Atlanta than 15th Street, just across the street from
Piedmont Park. That’s just where development is
underway for Ansley Green, a condo community of six
homes. The project is a collaboration of Miller Lowry
Developments and King Real Estate Advisors.
Excavation began in mid-August, and the condos will
be finished in Spring 2015, according to Miller Lowry,
50 September 2014 | INtOWIl
Above: The Water Tower Stacks will be built next to the iconic
water tower at the corner of Auburn Avenue and Irwin Street in
the Old Fourth Ward.
Left: One of the luxurious bathrooms, featuring spa tubs and
hardwood floors, at Seventh Midtown.
Below left: SkyHill Townhomes on North Avenue in the Old
Fourth Ward will be a short walk to the Atlanta BeltLine.
Opposite page: The townhomes at Linden Place on Lavista Road
near Emory University.
President of Miller Lowry Development. He said that
people got excited about Ansley Green as soon as the
project was announced.
“We have had interest from day one, at our preview
party that was held at the Piedmont Driving Club,”
Lowry reported. “Currently, four units are under
contract and one unit is reserved.”
While the location is a huge draw, potential residents
also respond to the exclusive, smaller building and
low HOA fees. Lowry added that Ansley Green is
particularly attractive to empty nesters and professionals
-- sophisticated buyers who appreciate quality but are
not interested in larger buildings.
Ansley Green will be surrounded by landscaping
and existing hardwoods, which will frame gorgeous
city views, all visible from the rooftop terrace, which
also features a lounge and bar for residents. Floor plans
are open and spacious with abundant natural light.
Residents will be able to customize their homes, and the
high-end finishes include items from vendors such as
Circa Lighting and Renaissance Tile & Bath.
Linden Place Townhomes were designed to bring
value and convenience to Intown residents. Currently
under construction on Lavista Road near Emory
University and the Center for Disease Control (CDC),
Linden Place will be completed this fall, and will feature
26 townhomes priced from the high $300s to mid $400s.
“This is a very sought after real estate opportunity for
young professional couples wanting to live near Intown
neighborhoods and close to shopping, entertainment,
restaurants and work,” said Allen Snow, Coldwell Banker
Residential Brokerage, Midtown. “Sales have just started
and we’re seeing extraordinary interest.”
Linden Place’s three-story townhomes range from
2,000 to 2,400 square feet with several different floor
plan options, but all the plans are open with wonderful
natural lighting. Other features include an oversized
owner’s suite and exterior traditional/craftsman style
with brick, stone and siding.
Snow pointed to the Atlanta-located developer,
Minerva Homes USA, as a prime reason for the value
that Linden Place offers. “They have over 30 years of
experience building high-end housing with unique
architectural elements for the Intown real estate market,”
he said. “Linden Place Townhomes are competitively
priced in the market, and have a triple protection home
warranty.”
Atlanta’s Historic Old Fourth Ward will become
home to The Water Tower Stacks, a community of ten
luxury townhomes. Epic Development plans to break
ground on the project this month, and to deliver the
units, eight attached and two detached, in the second
quarter of 2015.
Jim LaVallee, Director of Marketing & Development
with Epic Development, said: “Most of the units will
be greater than 2,800 square feet, so we’re targeting the
discriminating Intown buyer looking for the perfect
combination of location, quality and style. The response
has been overwhelming and we consistently have
potential buyers adding their names to the VIP emails.
AtlantalNtownPaper.com