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.
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.
