Monday, June 27, 2016

29-Story Residential Tower to Rise in Midtown Atlanta

Modera Midtown will be a new 29-story high-rise apartment complex located in Atlanta’s art and technology district, the city's second-largest business center.

The mixed-use community at 90 Peachtree Place is being developed by Dallas-based Mill Creek Residential.

The development will feature 435 luxury apartment homes spanning 29 floors in Midtown, a neighborhood perched between the financial district of Buckhead to the north and the commercial district of Downtown to the south.

Bounded by 8th Street, Williams Street and Peachtree Place, the apartment tower will be in close proximity to Technology Square, which soon will be the new home of NCR Corp.

The tech giant recently agreed to a 15-year lease to occupy a new $200-million, 485,000-square-feet high-rise tower, which will be completed in 2018. The move will create as many as 4,000 new jobs across the street from the new community.

Once complete, Modera Midtown will consist of 488,000 square feet devoted to residences and 12,300 square feet for commercial space. Included is retail space on the street-facing sides of the ground floor.

The development is a one-minute walk from the MARTA Midtown Station and offers unblocked views of Downtown, Midtown, and the Georgia Tech campus, which is less than a block away.

Upon completion, the building will consist of 1- and 2-bedroom apartments and a limited number of studio and 3-bedroom units.

The complex will contain a variety of upscale amenities, including an 1/8 mile running track elevated nearly 100 feet above street level, expansive courtyards, two resort-inspired pools, sky lounge, yoga studio, fitness center, business center and rooftop terraces.

The above-ground parking structures will include multiple car-charging stations for electric cars.

Outdoor amenities will be found in three separate locations – the rooftop, the seventh floor and the 26th floor.

A dog park and grooming station, in addition to the sky lounge, are part of the rooftop layout. Multiple outdoor bars and grilling stations, movie lawn, and a pool will be available on the seventh floor.

A second rooftop pool with a hydraulic lap lane is nested on the 26th floor.

This project follows very closely on the heels of Mill Creek's Atlanta debut of Modera Morningside, a 300-unit apartment project at 1845 Piedmont Ave just off Cheshire Bridge Road in Morningside.

The Modera Midtown tower will be a welcome addition to the Atlanta skyline.

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