New Mixed-Use Development Named Allen PlazaA nine-block, mixed-use development named in honor of former Atlanta mayor and civil rights leader, Ivan Allen, Jr., began development in 2007. Located between Peachtree Street and Centennial Olympic park at the northern edge of downtown, destination restaurants such as French American Brasserie already call the area home. The W Hotel Downtown will be the next addition in December, 2008. When the final phase is completed, the plaza will include more than two million square feet of office space; 200,000 square feet of neighborhood retail and restaurants; more than 3,000 residences; and more than 500 luxury hotel rooms. The project is expected to cost a total of $1.95 billion.
Buckhead to Acquire New 46-Story Mixed Use TowerThe Stratford, a planned 43-story project, includes $6 million condominiums, a 300-room hotel and ultra-chic fashion boutiques. Scheduled to open in 2008, phase one of the project will include stores on Peachtree Street with three floors of condominiums above. In phase two of the project, scheduled for completion in 2009, a luxury 300-room Hilton will rise on top of the condominium floors with 190 more condos above the hotel. The last phase consists of a 20-story tower with 300 condominiums built behind the hotel.
Twin 40-Story Towers Planned for Peachtree StreetPhase I of a new $450 million mixed-use center with twin 40-story Peachtree Street towers will be opening in fall 2008 as part of 12th & Midtown. This office/hotel skyscraper and condominium high-rise will be located at 1075 and 1080 Peachtree Street.
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