[Rendering] Scope This Boutique Apartment Complex Set To Rise at 208 12th Street

A small coffee shop and wine bar is planned on the street level.

Among a sea of rising residential towers in Midtown, one developer is moving forward with plans for a 13-unit boutique apartment complex at 208 12th Street.

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Plans Wednesday were filed with the City of Atlanta for the yet-to-be-named development.

Elmhurst Capital, a private equity and property investment management company founded in 2012, is developing 208 12th Street. The company has offices in Atlanta and Hong Kong, according to the Elmhurst website.

$600,000 was raised for the project which is expected to yield a 20 percent internal rate of return (IRR).

Architecture firm Praxis3 is behind the design of 208 12th Street.

“The owner feels that this kind of well-designed, small structure is a dynamic alternative to high-rise development and offers an intimacy and an aesthetic that will be appealing to the Midtown renter,” Praxis3 said of the project on its website.

The building, situated one-half block from Piedmont Park, features “true 2-level loft units” on the upper floor.

A small coffee shop and wine bar is planned on the street level.

Elmhurst did not immediately return What Now Atlanta’s request for comment.

208 12th Street - Rendering 1 2
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Rendering: Praxis3
Caleb J. Spivak

Caleb J. Spivak

Caleb J. Spivak is the Founder of What Now Media Group, Inc. Check out our publications in your city: Atlanta, Chicago, Dallas, Denver, Las Vegas., Los Angeles, New York, Orlando, Philadelphia, Phoenix, San Diego, and San Francisco.
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