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Old 10-18-2012, 06:50 AM
 
Location: Inman Park
402 posts, read 569,483 times
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Is there anther BoA Plaza, etc. in the works for Atlanta? Maybe I'm just impatient, but it seems like there hasn't been anything "big" being built in a while (last I can think of are the skyscrapers in Atlantic Station early 2000's)
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Old 10-18-2012, 07:23 AM
 
3,209 posts, read 4,514,824 times
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In a word, no. Those just don't make economic sense at the moment.

However, office absorption has been pretty strong in Midtown and Buckhead, so some new office highrises breaking ground isn't impossible in the next year or two. But nothing that huge. Given the state of the economy, we ought to be happy with whatever we get. Residential highrises will probably continue at a pace of a few a year, but those are rarely very tall.

We have had some solid buildings built in the mid-2000s though: the Sovereign in Buckhead and 1180 Peachtree in Midtown are probably two of the city's most attractive skyscrapers.
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Old 10-18-2012, 07:28 AM
 
Location: Kirkwood
22,199 posts, read 16,208,252 times
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Quote:
the Sovereign in Buckhead and 1180 Peachtree in Midtown are probably two of the city's most attractive skyscrapers.
Nothing beats the BOA Plaza with its granite exterior and gold leaf clad spire. Its Atlanta's signature skyscraper.
Quote:
Residential highrises will probably continue at a pace of a few a year, but those are rarely very tall.
Apartment highrises will continue their boom as more people want flexible, city living. Most are 20-30 stories.
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Old 10-18-2012, 08:39 AM
 
Location: ๏̯͡๏﴿ Gwinnett-That's a Civil Matter-County
2,117 posts, read 5,103,593 times
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Oh give it some time for the angels on wallstreet to "make" more wealth.
I'm sure they'll build more sky scrapers here to house all of their wonderful operations and all the great work they do to keep our economy running smoothly.



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Old 10-18-2012, 08:49 AM
 
Location: Johns Creek area
9,577 posts, read 8,651,199 times
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Unfortunately, due to B of A's island unto itself location, they are having a hard time keeping their tenants, much less attracting new ones. My office recently moved out....
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Old 10-18-2012, 09:12 AM
 
Location: Kirkwood
22,199 posts, read 16,208,252 times
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Unfortunately, due to B of A's island unto itself location, they are having a hard time keeping their tenants, much less attracting new ones. My office recently moved out....
It is a tower in the park concept, with no street level entrance. I know there are plans in the future to make a street level entrance and low to mid rise, mixed use buildings where the park is now.
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Old 10-18-2012, 09:17 AM
 
Location: Inman Park
402 posts, read 569,483 times
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Quote:
Originally Posted by AnsleyPark View Post
Unfortunately, due to B of A's island unto itself location, they are having a hard time keeping their tenants, much less attracting new ones. My office recently moved out....
Not like this isn't unfixable...
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Old 10-18-2012, 09:24 AM
 
9,124 posts, read 32,136,839 times
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Quote:
Originally Posted by AnsleyPark View Post
Unfortunately, due to B of A's island unto itself location, they are having a hard time keeping their tenants, much less attracting new ones. My office recently moved out....
I'd think that has much more to do with their lease rates and the glut of empty space available in other buildings at much lower rates, than it does their "island unto itself location". Landlords are making great deals to get empty space leased up, and its often cheaper to rent a new space, get it fit out, and pay the moving expenses than it is to extend a lease under the current lease terms.
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Old 10-18-2012, 10:01 AM
 
Location: Johns Creek area
9,577 posts, read 8,651,199 times
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Quote:
Originally Posted by BobKovacs View Post
I'd think that has much more to do with their lease rates and the glut of empty space available in other buildings at much lower rates, than it does their "island unto itself location". Landlords are making great deals to get empty space leased up, and its often cheaper to rent a new space, get it fit out, and pay the moving expenses than it is to extend a lease under the current lease terms.
Unfortunately, a lot of the office workers were uncomfortable wandering down that section of Peachtree. The Pine Street shelter was a primary reason, I hate to say. And, other than the Varsity, Baraonda and Chicken and Waffles, there were not many good lunch or after work places to chose from. Yeah, Public House was on the corner, but the food and service were poor. We moved up to 14th and P'tree, and that area is far more conducive to an office environment than North and Peachtree. While B of A may can improve their street level presence, that will be very costly, and, as you may know, the owner of the building went kaput and the building fell into other hands. So, while the economy is a factor, it is mainly the environment surrounding the tower that has caused tenants to leave for elsewhere. It's too bad, too. The building itself is great.
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Old 10-18-2012, 10:54 AM
 
Location: Atlanta
5,243 posts, read 4,388,346 times
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Quote:
Originally Posted by AnsleyPark View Post
Unfortunately, a lot of the office workers were uncomfortable wandering down that section of Peachtree. The Pine Street shelter was a primary reason,
What a surprise.

I always wonder how much different (better) Atlanta would be if we could get rid of this and the Section 8 housing on Boulevard.
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