Major New Development to Rise at Buckhead Place

After a few delays, Coro Realty Advisors, an Atlanta-based commercial real estate firm, plans to construct a major multi-use development on Piedmont Road in Buckhead.

The project will be located north of Peachtree Road and adjacent to the Piedmont Crossing shopping center — home to the Disco Kroger— that will include 40,000 square feet of retail/restaurant and office space, a 186-room hotel and 190 apartments.

Named Buckhead Place, the present 150,000-square-foot shopping center is anchored by LA Fitness, Marshalls, an apartment building and a Hyatt Place hotel.

The two retail parts of the new development front on Piedmont Road and the hotel and apartment lobbies will front on the private access road that runs from Piedmont Road to Maple Drive.

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The south portion of the development consists of approximately 5,500 square feet of retail/restaurant space on the first floor and include a 186-room, eight story Hampton Inn & Suites hotel.

The new hotel will be an addition to the existing and nearby Hampton Inn Atlanta - Buckhead on Piedmont Road, and will offer suites, whereas the present property does not. 

The current Hampton Inn hotel is six floors, 153 rooms.  The new hotel is scheduled to welcome its first guests in early 2018. 

The north side of the development has approximately 33,000 square feet of retail, restaurant and office space on two levels that is along Piedmont Road and then wraps down the private drive and into an internal courtyard.

On the north side of the drive there will be 190 apartment units planned with a 7-story deck plus underground parking.

The amenity deck is the top level of the parking.

The project is slated to break ground in the second quarter of 2016 and will be built in phases, with grading and clearing scheduled to begin in the second quarter of this year.

Construction is expected to begin in the third or fourth quarter of this year.

Cooper Carry is the architectural firm for the development with Lindsay Pope Brayfield Clifford & Associates being the architects for the hotel part of the development.

An earlier development proposal from 2008 included a hotel/retail building of 208,795 square feet, including 330 hotel rooms. The new plan has 186 hotel rooms in a building totaling 108,659 square feet.