Virginia-Highland project will offer 42 units across one-, two-, and three-bedroom floorplans with a few penthouse with rooftop terrace options.
40 West 12th is part of Selig's massive 1105 West Peachtree development, is scheduled to come online in the third quarter of 2021.
After razing the historic property, Owners want to build retail and restaurant space on the ground floor and apartments and Airbnb units on top with parking underneath.
The historic building, established in 1927, awaits approval from the City for demolition. Its Owners earlier this year fought against turning Poncey-Highland into a Historic District.
Residential real estate firm first presented plans for the 26-story development in mid-2019.
It's the second Atlanta-area location of the fitness franchise.
Talks are underway for a fast-casual restaurant in the development that will be 'outdoor-focused while supporting to-go and delivery options.'
Residential project will bring 27 units across four floors, is a redevelopment of an existing building.
'The number of productions in Georgia keeps growing,' Executive Producer of Global Operations Dan Rucinski says. 'It feels like it’s here to stay, and we want to be a part of it.'
Located across from Lenox Mall, Houston's closed down in 2018.
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