40 luxury condos at Tribute Lofts in downtown are going to be auctioned off next month. They are going to be selling for as low as $110,000. That is a huge savings from what people have paid to be in that building (a discount of about 34 percent to 54.5 percent). The building has only been open for less than one year. There are 147 condos in the complex and 68 have been sold. If you are looking for a loft, it’s a great time to purchase and save a bunch of money.

Tribute Lofts was awarded the Atlanta Downtown Design Excellence Awards in 2007. The lofts are located in downtown on the corner of Freedom Parkway and Boulevard. The auction takes place on Sunday, June 22 at 1:00 p.m. at the Omni Hotel at CNN Center.

Read more of this post, including photos of the gorgeous view, amenities area and more.  Click Here for More Photos & the Rest of the Feature

Unfortunately, One Museum Place is on hold until May of next year (or somewhere near May). I was really looking forward to seeing this one come out of the ground. It’s one thing to build an interesting building, but to have a name like David Chipperfield behind it is quite another. It’s like Robert A. M. Stern designing The Mansion on Peachtree. It’s pretty significant. I’m not sure how many of you are into modern living, but one of the cool things about the project is the contemporary, clean lines inside and out. The floor plans that I viewed at the sales center (when it was still open) were quite nice and spacious to say the least. I really love the idea of living in something modern, and taking that space and turning it into something really fabulous.

I was told that the project may have one condo tower and one office/hotel tower. Perhaps Tim from Space should brand his amazing showroom and turn it into a boutique hotel? Space Tower? Space Hotel? The condominiums are generously sized and can be totally customized. Think white box. You are free to design your space as you wish, which is highly unusual for the Atlanta market. Personally, I have been hoping for a developer, like Jack Wieland, to bring this concept to light. They can also give you a finished product.

Please build this one! Atlanta needs more world-class buildings like this! 

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3630 Peachtree is well underway, it’s smoky glass facade enveloping the structure, rising from the ground. When I last inquired whether any tenants had leased space in the building, I was told they have not. I was surprised to say the least. I really want this project to succeed. The building is going to be a welcome addition to Buckhead. I think they are being very smart to only build one tower. They can always add the second tower later if they can lease all the office space and sell the 137 condominiums. You can view the webcam at the bottom of this post.

Read more of this post, including a webcam link looking at the construction site.
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I spoke with my contact Dan at Luxe and he informed me there are some great deals in the building. I thought I would pass this information along to you. In most buildings, you’ll never find a one bedroom condo with a separate laundry room and master bath with separate tub and shower. Nor will you find a formal foyer entry with coat closet. I have walked these units and the most important thing I can stress is they live more like homes and not condos. Everything has been well though out.

The A1 floor plan has 901 sqft. it is available on the 7th, 8th and 9th floor starting at $249,900. This is a great price for the location and amenities of the building. You are literally steps away from Piedmont Park.

I have high hopes for The Atlantic, considering Gallery ended up looking really great. The building is coming along nicely and I believe they are now working on floor 25. I’m going to take a drive over to Atlantic Station this weekend and snap some photos of the construction. This photo should tide you over until then. The Webcam link is located at the bottom of this post.

Novare is developing The Atlantic, a 46-story, 401-residence high-rise condominium tower. The Atlantic will also include nearly 10,000 square feet of street-level retail along 17th Street in Atlanta’s Atlantic Station® community. (Hopefully some new stores that aren’t found in malls already.) Designed by Smallwood, Reynolds, Stewart, Stewart and Associates and constructed by R.J. Griffin, residences range from $300,000 to over $1,000,000 and will include multi-level penthouse homes. More on the penthouses later.

The Atlantic’s design features a distinctive Art Deco style, reminiscent of an era of opulence and luxury. The one-, two- and three-bedroom homes at The Atlantic will average more than 1,600 square feet in size, and the signature Novare design features will be augmented with large balconies, increased storage, formal entries, oversized bedrooms, fine-quality cabinetry and numerous upgrade options including limestone and marble finishes in the kitchen and bath areas.

The Atlantic’s amenities will include doorman services, a large private screening room and a poolside clubroom featuring an entertainment kitchen to increase residents’ options for social interaction. In addition, residents of The Atlantic will also be able to take advantage of hotel-like services, such as room service from the planned lobby-level restaurant, in addition to porter and housekeeping service from TWELVE® Hotel & Residences Atlantic Station, located across the street.

View the cam here.

I was looking at the foreclosures on FMLS today and wanted to make special mention of this 21st floor unit at Aqua (Emerald Floorplan).  This unit is in pre-foreclosure/short sale at a considerable price reduction. The price was only reduced last week and it hasn’t sold yet, so now is the time to make your move. Being on the 21st floor, the unit has a great view. Of course, Aqua is in a terrific location and has great amenities.

If you are interested in taking a look at it, you can email or call me.

Address: 20 10th St NW  #2101

Original Sales Price/purchased from Developer – Closed on 11/13/07 for $629,288
Resale Listed on 2/25/08 for $620,000
Price Drop on 5/12/08 to $479,000

Emerald Floorplan Units Currently on the Market at Aqua:

Unit 1501 for $529,000
Unit 701 for $525,000