Wood Partners to build 350-unit development in 2014.
Atlanta-based Wood Partners in a press release Wednesday announced plans to build "the first high-rise multifamily project in Midtown Atlanta to solely use natural gas for home heating, hot water and cooking."
The residential/retail development, located on West Peachtree Street in Midtown at 33 Peachtree Place, will break ground "in the first half of 2014." The project will include high-rise and mid-rise residential buildings and approximately 20,000-square-feet of retail space.
"The development will provide much-needed housing in Midtown, where job growth has outstripped housing supply," according to the release.
"Midtown’s population grew 105 percent, from 17,000 in 2000, to 35,000 in 2010, and the area is projected to gain another 17,000 people by 2016."
This development will be built on four acres at Peachtree Place and West Peachtree Street, which is currently a surface parking lot.
In addition to its central location immediately adjacent to the Midtown MARTA station and within walking distance to Georgia Tech, Piedmont Park and the Midtown CBD, the property will feature skyline views of Midtown and Downtown.
Amenities will include a resort-style pool deck, club rooms, and one-of-a-kind urban park and courtyard space.