Multifamily developer moving forward with CityPlace.
AMLI Residential, a multifamily developer, is moving forward with a long talked about apartment project at Roxboro and East Paces Ferry roads, near Lenox Square.
AMLI Monday submitted several building permit applications to City of Atlanta to lay the foundations for “Parcel A” and “Parcel D” of CityPlace, a planned apartment community of nearly 650 units.
An estimated $2,500,000 will be spent laying the foundation for Parcel A and an additional $1,825,000 for Parcel D’s foundation.
The AMLI CityPlace A development will be a five-story, 400 unit mid-rise with a 666 space precast parking structure on a 4.5 acre parcel bounded by East Paces Ferry Road and Roxboro Road.
Parcel D, the second phase of the project, will bring the community an additional 250 units.
“This project intends to serve the Buckhead community and offers first-class interior finishes comparable to or exceeding the market, and several amenities including a resort-style swimming pool, clubroom, business center and rooftop deck,” AMLI said in a “narrative description of work” earlier this year.
“The parking structure will be accessible from East Paces Ferry Road and the to be built Park Drive and all service uses will be concentrated on East Paces Ferry Road due to the severe grade change on the other adjacent roadways.”
Atlanta-based Smith Dalia is the architect behind the project, according to sketches earlier this year.
Developing…
5 Responses
They started work on this a month ago. All the trees are cleared and land is being graded.
Those are hideous. Even if I were a Buckhead dudebro, I’d be embarrassed to call those home.
650 1 or 2 (or 3) bed units sharing 666 parking spaces (which include all residents, guests, and street level commercial) while no where near a college campus and a few (long) walking blocks from the “half-ass northeast” mass trans line, but maybe a few walking blocks from the edge of the Lenox/Buckhead cluster. Are they banking on not keeping a rental rate over 66.6%? Turnover is gonna be high.
@cr3
The article does not make this clear but the 666 space deck is for the first phase (parcel A) only. The second phase (parcel D) will have an additional parking structure.
How many more overpriced apartment communities does Atlanta need? This is not New York city and wages in Atlanta aren’t at a high enough level for residents in this city to pay for these so called “luxury” apartments. I guess this is yet another way for the city to get additonal tax revenue.