Permit Filed For Construction Of $56 Million Downtown Student Housing Tower

The Metropolitan at Atlanta will feature 835 beds and rise 32 stories
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Landmark Properties is moving forward with plans to construct a roughly $56 million student housing tower on Luckie Street in Downtown Atlanta, according to a permit application filed on Wednesday.

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Announced last month as a partnership involving Landmark Properties and a joint venture of AECOM Capital and Canyon Partners, the project, which is named The Metropolitan at Atlanta, will feature 265 units consisting of 835 beds, and it will rise 32 stories at 130 Luckie St. NW. It will also include about 5,700 square feet of retail space. Landmark said in its announcement that it is aiming to finish the project in August 2023.

This week’s filing for the project follows one for the building’s core and shell work in January, listing an exact development cost of $56.465 million.

Work for The Metropolitan at Atlanta comes as Landmark Properties is in different stages on other student housing projects in the Atlanta area. One of the nation’s largest student housing developers, Landmark opened The Mark, a 28-story mixed-use student housing project at 955 Spring St., last year. It also said last month it is also scheduled to finish The Retreat at Kennesaw, a project near Kennesaw State University, this fall.

Its latest Atlanta project will rise as a handful of other large student housing developments in Atlanta take shape, both near Georgia State University and Georgia Tech. The Metropolitan at Atlanta’s location is within a quarter of a mile of GSU.

“Since opening The Standard at Atlanta in 2018, we’ve continued to see strong demand for quality living options near the heart of the city and across the Atlanta metro area,” Landmark Properties President and CEO Wes Rogers said in a statement last month.

The Metropolitan at Atlanta will feature one-bedroom through five-bedroom units and offer a range of amenities including concierge service, a 24-hour fitness center, clubhouse, outdoor pool, cafe study lounge, and golf simulator. The units themselves “will feature high-end, quality finishes, such as granite countertops and stainless steel appliances, as well as high-speed internet and cable,” Landmark said in its announcement for the project.

Dean Boerner

Dean Boerner is a California-based writer previously with Bisnow and the San Francisco Business Times. He received his bachelor's degree in economics and business from Saint Mary's College of California, where he also served as the editor-in-chief of The Collegian, the school's campus newspaper. Before that, he spent two years as the publication's sports editor, and he remains a committed fan, for better or worse, of his Sacramento Kings, San Francisco Giants, and Saint Mary's Gaels.

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7 Comments

  1. This is a very odd location for student housing. It’s not on campus for any of the surrounding colleges and it’s right in the middle of a business/tourist district. The amount of mixed traffic this could bring to the area doesn’t seem like a good match for any group (students, business persons, or tourists). Another development project that doesn’t consider local culture and instead is an obvious money grab for outsiders.

    1. Actually, that is not true. It’s right next to GSU, within walking distance of all the University’s main buildings. Its also close to the MARTA and to Olympic Park.

    2. Wut Anna? This, is litterally closer to the core of campus than the majority of GSU’s student housing.

    3. I don’t know that we need to concern ourselves much with the “local culture” of a downtown parking lot surrounded on three sides by other parking lots.

    4. Landmark is based in Athens and they’ve done several projects in Atlanta already, hardly “outsiders”. If you think “student housing” needs to be directly on campus you’re oblivious to how housing works in actual college towns all across this country, where housing is as dispersed as the town it’s in. Further, GSU has buildings literally two tiny blocks away from this development off Forsyth with more buildings a really short walk away. Also, the Farley Poplar neighborhood has a good amount of residential already; catering to both students and non-students alike.

    5. As a owner of a home downtown as well just a vested party in the smart planning of downtown I am seeing too many student housing towers downtown. And before people start the stone throwing I want to only ask anyone to drive past the present housing on Piedmont Av any night but especially weekends. These are young folks that all about the party and hang out, not the upkeep, and value of the property they live in. In NYC, and we all know this is not NY, but student housing isn’t spread all over Manhattan.
      My best guess is the city only cares about the perceived growth in the souls/taxes, and not building a healthy patchwork of diverse residents. As for the developers, I’ll bet there is some sort of federal money/easy money for “student housing”. In the end game as downtown gets a commercial retail corridor, I wonder what kind of businesses will be supported by student money. I don’t remember most students to have money to burn.
      These will be another failure for downtown, just like Underground/MARTA reconfiguration that was welcomed by the city back when Underground was actually holding its own. Then it was nuked by the city planning and seems to be where it’s heading before it’s even off the ground.

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