I just listed this fab 2-story penthouse located at Centennial Park West in downtown. The building sits in a prime downtown location and is within walking distance (seriously) to the Georgia Aquarium, Centennial Olympic Park, the World of Coca-Cola, and CNN Center (perfect for when you have family and friends staying with you for the weekend). The penthouse also has the best seats in the house for the 4th of July fireworks. **now reduced to $2,340,000 Click Here for More Photos & the Rest of the Feature

There is always something do to in Piedmont Park and when the green return, you’ll find Atlanta residents enjoying the fresh air and scenery in over 189 acres. This coming weekend is the Dogwood Festival, which has been in existence for more than 70 years. I took these photos on Friday and the trees and flowers should be at their peak for the festival. Click Here for More Photos & the Rest of the Feature

We have our first official 2010 announcement of a mixed-use project – including condos! Alvin D. James, a veteran broadcasting industry executive, plans to develop the unnamed project on the site of the former One Museum Place condo project at 1301 Peachtree Street, directly across the street from the High Museum.

With an estimated cost for the project of $350 million, the plans include a five-star hotel, street-level retail space, a spa, three restaurants, two pools and a fitness center, as well as an on-site fine art museum to house Wieland’s private art collection for the first year. 24 residences will be above the hotel. He is also planning a separate condo tower with 50 units. James said his luxury condo units will start in the low $700,000s and penthouse units will start at $1.2 million.

James is in talks with three international hotel brands as a flag for the hotel, which he plans to open in spring 2012. He said a European hedge fund, which he did not name, is fully funding the $350 million project. Design Reese Architects and Associates P.C. in Atlanta is designing the hotel.

The Atlanta Business Chronicle broke the story in today’s edition.

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The Mansion on Peachtree is making headlines again. The building is up for sale, not auction (as reported in the Atlanta Business Chronicle) with a $14,000,000 increase in price (a total of $80,000,000). Everyone’s trying to make a profit these days! Even the duplex penthouse which sold for $4,000,000 is back on the market again – with a $1,000,000 price increase. With only six closed sales (two of which were to the same buyer), the building has had it’s fair share of problems. On the bright side, the hotel is flawless and the building’s prime Buckhead location is going to be a strong selling point when the dust settles.