Kaplan Residential Thursday broke ground on Generation Atlanta, the “first development in Atlanta to utilize a light gauge steel panelized system called Prescient,” according to a press release Tuesday.
The technology will reduce construction costs by 20 to 25 percent, compared to using concrete, enabling the development to comply with the City of Atlanta’s initiative to provide more affordable housing.
“We’ve been bullish on Atlanta for more than 30 years,” Morris Kaplan, chairman and CEO at Kaplan Residential, said in the release.
“I had the privilege to work with Mayor Andrew Young for our first Downtown projects, and now the next generation of Kaplans, my son, Nathan, is spearheading Generation Atlanta with Mayor Bottoms.”
The 17-story high-rise sits on 1.5-acres and will offer amenities including duckpin bowling, shuffleboard, a pool deck with a trellis area and firepit, fitness center, yoga studio, rooftop lounge with outdoor theatre as well as an indoor sky deck with a multi-screen theatre.
The 336-unit development will offer studio, one-bedroom and two-bedroom floorplans, ranging in size from 616 square-foot studios up to 1,270 square-foot two-bedrooms.
Generation Atlanta, at 377 Centennial Olympic Park Dr., is slated to open in 2020.