Selig Development on Thursday announced the hotel flag for its forthcoming 1105 West Peachtree mixed-use will be The Epicurean Atlanta, operating under Marriott’s Autograph Collection, with partner Mainsail Lodging & Development.
The full-service, “culinary-driven concept” will feature 178 keys, conference and event facilities, and an “activated terrace” integrated into the Midtown skyline on the 9th floor of the project.
“Through our robust culinary program, the Epicurean Hotel urges people to explore and indulge in all that life has to offer,” Joe Collier, president of Mainsail, said in the announcement.
“We’re thrilled to work alongside Selig to bring the Epicurean brand to Atlanta and to create a food & beverage experience that is unique to Midtown.
Financing has also been secured for the $530 million multi-tower mixed-use development currently rising on a 3.5-acre city block in Midtown and marks the official sales launch of the residences at 40 West 12th.
The Blackstone Group, Inc. is providing a $340 million construction loan for the three-tower mixed-use development comprised of 675,000 rentable square feet of office, the 64-unit condominium tower 40 West 12th, and the Epicurean Hotel.
Cushman & Wakefield sourced the financing for the project on behalf of Selig.
“1105 West Peachtree and 40 West 12th are transforming an underutilized city block in the heart of Midtown into a vertically dense, mixed-use destination,” Steve Selig, President and Chairman of the Board of Selig Enterprises, Inc., the parent company to Selig Development, said in a press release Thursday.
“This is a very special project for me personally and I am grateful for the vision and leadership we have starting with Steve Baile, Chief Development Officer.”
Each tower will top out in 2020, starting with the 40 West 12th residences in July, the Epicurean Atlanta in August, and the 1105 West Peachtree office tower in December.
Project completion is scheduled for early Q3 2021.