Categories: Atlanta, Condos, Midtown, One Museum Place, Penthouse
Remember the One Museum Place project a while back? Well the prime Midtown site at 1301 Peachtree Street is about to get a new owner, and some new life.
The nearly 2-acre tract of land is owned by John Wieland of John Wieland Homes & Neighborhoods Inc. According to the Atlanta Business Chronicle, Weiland has two offers for the property and expects to have a deal as soon as 30 days. Fantastic, because we are running out of new condo projects and units (I don’t know if you have been looking, but inventory is tightening up very quickly).
On April 9, 2010, I let you know about one of those potential buyers, Alvin D. James, who was interested in building yet another hotel/retail/office/condo project. His revised $150 million plan includes a 30-story mid-rise tower with a 5-star, 150 room hotel, 70 luxury condos and 24 penthouses (along with high-end retail and 3 restaurants). Oh, did I mention there may also be a performance hall, spa, pool and meeting space? All in a 650,000 square foot tower. With two potential bidders, James may not even see his plans come true, but lets hope so!
Could the luxury hotel brand be a Peninsula Hotel or Shangri-La Hotel? We already have most other luxury hotel brands scattered in Buckhead and Midtown.
I’m looking forward to seeing what happens with the land and what they are actually going to build.
Categories: Atlanta, Condos, Midtown, One Museum Place, Penthouse, PreConstruction
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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