UPDATE (July 26, 2018): MetLife’s Midtown Union Project Gets Approvals To Move Forward, Files Permits
MetLife Investment Management, the institutional asset management business for MetLife, Inc., Tuesday received “conditional approval” for its Midtown Union project, the Atlanta Business Chronicle Wednesday first reported (paywall.)
A company spokesperson Thursday confirmed the news in an email to What Now Atlanta.
The mixed-use project, at 1295 Spring Street NW, was first submitted to the Midtown Alliance for review in March, according to a press release at the time of the submission.
Phase I of the project on 17th and Spring Streets on the east side of the Connector will include approximately 500,000 square feet of LEED Certified Class A office space, 87,000 square feet of retail, residential dwellings, and a 250-key hotel, all focused around a central pedestrian promenade.
Phase I is the first part of a longer-term, multi-phase redevelopment, which when complete, will cover approximately 8.5 acres in Midtown.
“Midtown Atlanta is thriving with companies, retail outlets, and restaurant venues relocating to the area, cementing the district’s reputation as a lively hub for work and play,” Tom Ryan, Southeast Regional Director, Real Estate for MetLife Investment Management, said in the release.
“This will be a vibrant, mixed-use project that will further bolster Midtown Atlanta’s reputation as a destination of choice, and it will be a great complement to the area’s many cultural attractions, such as the Woodruff Arts Center, the Center for Puppetry Arts and Center Stage, to name a few.”
MetLife began assembling land at the development site in 2006 through a number of acquisitions.
Once completed, the redevelopment will offer a pedestrian-focused center where people can work, live, dine and shop.
JLL is providing project management and leasing services to MetLife for Midtown Union.
In addition to JLL, MetLife Investment Management worked with Miami-based Arquitectonica to create the Master Plan, and with the Atlanta-based architecture firm, Cooper Carry, to lead the building design.