Midtown (Atlanta: property taxes, homeless, approval)

[cqholt]

Originally Posted by triptychsix

https://www.bizjournals.com/atlanta/...are-tower.html

Curbed has picked this up

Currently, the Midtown Bank inhabits the site and is expected to relocate to the ground floor of the upcoming high-rise “as part of 5,100 square feet of retail uses,” according to a Midtown Alliance announcement.

Midtown Alliance’s development reviewers, after analyzing the new project’s designs, have suggested John Portman and Associates rework plans for 712 West Peachtree to refine the “sidewalk level experience to make it more dynamic and visually engaging during the day and at night.”

Five floors of the tower to-come are expected to be used as a parking podium, which will sit beneath 15 stories—335,000 square feet—of office space.

Additionally: “The committee recommended further study of the lowest level along 3rd Street to provide direct access and more daylight into the space,” Midtown Alliance officials said, in summary.

Recommendations also call for a “dedicated four-foot walkway to connect from [the] parking area to public sidewalks,” as well as additional queuing space for cars—an attempt to keep more automobiles, such as taxis and ride-shares, from idling on nearby streets.

The committee is withholding support of the project until such requests are heeded.

https://atlanta.curbed.com/2018/8/16...ee-coda-anthem

[Atlwarrior]

Per ABC, Midtown lands Pandora Southeast headquarters.
“Midtown's Campanile tower, where Pandora Media will put 250 technology jobs.

The move follows the online music streaming company's announcement in January that it would shift operations from its West Coast headquarters to Atlanta, creating about $45 million in savings.”

The Atlanta Business Chronicle is also reporting another company possibly bringing jobs to Midtown.

“Atlanta officials are trying to land a company that would bring 500 jobs to Midtown.”

[primaltech]

I wonder if that Dewberry plan to make Campanile taller (and add retail to it) is still going to happen.

[JMatl]

^ I read on a development site that the retail is still a go, but the new floors on the tower are on indefinite hold.

How appropriate for this developer.

[Iconographer]

Originally Posted by JMatl

^ I read on a development site that the retail is still a go, but the new floors on the tower are on indefinite hold.

How appropriate for this developer.

The truth ain't in him.

https://www.bloomberg.com/news/featu...-of-empty-lots

"Emperor of Empty Lots" LOL

[JMatl]

Originally Posted by Iconographer

The truth ain't in him.

https://www.bloomberg.com/news/featu...-of-empty-lots

"Emperor of Empty Lots" LOL

Wow! Fascinating article, thanks so much for the link.

What bothers me is the 10's of millions that Invest Atlanta issued bonds for to subsidize the renovation and expansion to the Campanile. If those floors aren't added to the tower, what happens to that money?

[Iconographer]

Originally Posted by JMatl

Wow! Fascinating article, thanks so much for the link.

What bothers me is the 10's of millions that Invest Atlanta issued bonds for to subsidize the renovation and expansion to the Campanile. If those floors aren't added to the tower, what happens to that money?

Dewberry: "So sue me!" That's basically what to expect there.

[Gulch]

Originally Posted by JMatl

Wow! Fascinating article, thanks so much for the link.

What bothers me is the 10's of millions that Invest Atlanta issued bonds for to subsidize the renovation and expansion to the Campanile. If those floors aren't added to the tower, what happens to that money?

Goes into the mayor's pocket?

[Iconographer]

Originally Posted by Gulch

Goes into the mayor's pocket?

Why not? Everything else does.

[Atlwarrior]

This is sad. Not sure of all the details but no one even the homeless deserves this.

https://www.google.com/amp/s/www.ajc...8veaI/amp.html