MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017€¦ · Midtown Wimbish House 77 12th Street Loews...

ARTSCENTERSTATION

NORTH AVE STATION

CIVIC CENTER STATION

MIDTOWN MIDTOWN STATION

Commercial District

Opportunity Zone

Midtown Improvement District

Georgia Institute of Technology

PiedmontPark

AtlanticStation

10TH ST

4TH ST

WIL

LIA

MS

ST

JUN

IPER

ST

3RD ST

6TH ST

7TH ST

SPR

ING

ST

NW

5TH ST

12TH ST

LINDEN AV

13TH ST

17TH ST

15TH ST

18TH STPE

AC

HTR

EE W

K

19TH ST

16TH ST

WES

T PE

AC

HTR

EE S

T

11TH ST

14TH ST

PEA

CH

TREE

ST

NE

Subarea A: Savannah College of Art & Design (SCAD) 6 Min Walk

MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017

Subarea B: Woodruff Arts Center (WAC) 6 Min Walk

Subarea C:Federal Reserve Bank of Atlanta 6 Min Walk

Subarea D:Tech Square 6 Min Walk

Subarea E: Emory University Hospital Midtown (EUHM) 6 Min Walk

The Midtown Commercial District is divided into 5 walkable subareas. Each subarea is a 6-minute walk radius anchored by a major point of interest.

1/4 mi

N

A1MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017 | SCAD ATLANTA

1/4 mi

NPREPARED BY MIDTOWN ALLIANCEATLANTA, GA | Q3 2017MidtownATL.com

66minute

wwalk

OPPORTUNITY ZONE job creation tax credit:$17,500 per new job

1

1

2

3

1

2

1

1

3

4

2

America’s Best Value Inn

TheTemple WSB TV

Equifax

RhodesHall

Peachtree Christian Church

1660 Peachtree

Amtrak Station

Center for Puppetry Arts

Breman Museum

1400 West Peachtree

19TH ST

18TH ST

WES

T PE

AC

HTR

EE S

T

PEAC

HTREE ST

BEVERLY RD

PEACHTREE ST

PEACHTREE CIR

BUFORD SPRING CONNECTORI-85

A2MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017 | SCAD ATLANTA

1. Dewberry Capital siteLot size: 1.70 acresBase buildable area: 370,260 SFWith retail bonus: 518,364 SFWith transit bonus: N/A

2. Dewberry Capital siteLot size: 7.42 acresBase buildable area: 1,616,510 SFWith retail bonus: 2,263,114 SFWith transit bonus: N/A

LARGE-SCALE COMMERCIAL DEVELOPMENT SITES

1. SCAD Atlanta

ANCHORS

CLASS A OFFICE1. Pershing Park Plaza1420 Peachtree St NE159,891 SF / 8 � oorsPercent Leased: 97%Year Built: 1991Year Renovated: - Lease Rate: $35/SF/YR FSG

2. Federal Home Loan Bank1475 Peachtree St NE235,314 SF / 11 � oorsPercent Leased: 90%Year Built: 1986Year Renovated: 2012Lease Rate: $28.50/SF/YR, FSG

3. One Peachtree Pointe1545 Peachtree St NE159,448 SF / 7 � oorsPercent Leased: 63%Year Built: 1999 Year Renovated: -Lease Rate: $33.50/SF/YR, FSG

4. Two Peachtree Pointe1555 Peachtree St NE300,000 SF / 18 � oorsPercent Leased: 83% Year Built: 2007 Year Renovated: -Lease Rate: $35/SF/YR, FSG

1. Peachtree St Of� ce Condos1430 West Peachtree St NW74,000 SF / 7 � oorsPercent Leased: 95%Year Built: 1955 Year Renovated: 2007Lease Rate: $20/SF/YR, MG

2. 1438 W. Peachtree1438 West Peachtree St NW42,340 SF / 2 � oorsPercent Leased: 81%Year Built: 1955Year Renovated: 2009Lease rate: $28.50/SF/YR, FSG

3. Silhouette Midtown1447 Peachtree St NE115,838 SF / 10 � oorsPercent Leased: 80%Year Built: 1964 Year Renovated: 2007Lease rate: $15.34/SF/YR, FSG

CLASS B OFFICE

REQUIRED SITE CHARACTERISTICSSupports 500,000+ SF Unique property ownership

SPI-16 DEVELOPMENT CONTROLSNon-residential FAR: 5Ground-� oor retail bonus: +2Transit area bonus: +3.2Max FAR including bonuses: 10.2

THRESHOLD PROPERTY SIZES Min. lot size outside transit area: 1.64 acMin. lot size within transit area: 1.125 ac

PROPOSED DEVELOPMENTS

1. SCAD Student Housing592 bed dorms in Phase 1 redevelopment by SCAD Atlanta

Sources: Class A and Class B Of� ce, Xceligent, 2017; Large-scale commercial development sites, Midtown Alliance, 2017

B1MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017 | WOODRUFF ARTS CENTER

1/4 mi


666 mmmiinnuteee wwwaaallllkkkk


1

1

3

4

5

2

1

3

4

5

6

2

1

3

4

2

1 3

2

4

5 6

8

7

Christian Science Reading Room

Perkins & Will First Presbyterian

Church

ArtmoreHotel

Promenade parking Promenade I

(Norfolk Southern)

Proscenium

Wimbish House

ResidenceInn

Center for Puppetry Arts

CenterStage

John MarshallLaw School

parking

Atlantic House

One Museum

Place

AMLI Arts Center

1270 Spring Street

Hampton Inn & Suites

1400 West Peachtree

17TH ST

18TH ST

16TH ST

PEACH

TREE ST

WEST PEA

CH

TREE ST

TEC

HW

OO

D D

R

17TH ST

WIL

LIA

MS

ST

SPRI

NG

ST

15TH ST

14TH ST

13TH ST

14TH ST

JUN

IPER

ST

ArtsCenterStation

1. 98 14th St 1,300 apartments, 213 hotel rooms, and 135,000 SF retail in 3 towers by Olympia Heights Management

2. Interface Corp. HQ RenovationFaçade renovations and sustainability upgrades to an existing three-story of� ce building to house new HQ for Interface

3. Peachtree at 17th190,000 SF of� ce, 12,200 SF retail, 206 residential units, and 140 guest rooms by The Simpson Organization

4. SCAD Student Housing592 bed dorms in Phase 1 redevelopment by SCAD Atlanta

B2

CLASS A OFFICE

1. Woodruff Arts CenterHigh Museum of Art, Atlanta Symphony Orchestra, Alliance Theatre

ANCHORS PROPOSED DEVELOPMENTS

1. Regions Plaza1180 West Peachtree St NE545,076 SF / 24 � oorsPercent Occupied: 88% Year Built: 2001Year Renovated: -Lease Rate: $35.29/SF/YR, FSG

2. One Atlantic Center 1201 West Peachtree St NW1,100,312 SF / 50 � oorsPercent Occupied: 91%Year Built: 1987Year Renovated: Lease Rate: Negotiable

3. 1180 Peachtree1180 Peachtree St NE670,000 SF / 41 � oorsPercent Occupied: 99%Year Built: 2006Year Renovated: - Lease Rate: $42/.54SF/YR, FSG

4. Promenade 1230 Peachtree St NE774,610 SF / 38 � oorsPercent Occupied: 96%Year Built: 1990Year Renovated: - Lease Rate: $32/SF/YR, Net

5. One Midtown Plaza1360 Peachtree St NE232,733 SF / 13 � oorsPercent Occupied: 89%Year Built: 1984Year Renovated: - Lease Rate: $28.50/SF/YR, FSG

6. Two Midtown Plaza1349 West Peachtree St NW273,375 SF / 20 � oorsPercent Occupied: 69%Year Built: 1986Year Renovated: - Lease Rate: $28.5/SF/YR, FSG

7. Pershing Point Plaza1375 Peachtree St NE410,357 SF / 7 � oorsPercent Occupied: 61%Year Built: 1960Year Renovated: 2000Lease Rate: $25.61 /SF/YR, FSG

8. Pershing Park Plaza1420 Peachtree St NE159,891 SF / 8 � oorsPercent Leased: 97%Year Built: 1991Year Renovated: - Lease Rate: $35/SF/YR FSG

MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017 | WOODRUFF ARTS CENTER


B3

1. Selig Enterprises site2.01 acres Base buildable area: 437,290 SFWith retail bonus: 612,206 SFWith transit bonus: N/A

2. Metlife site4.69 acres Base buildable area: 1,021,918 SFWith retail bonus: 1,430,685 SFWith transit bonus: 2,084,711 SF

3. Metlife site 4.48 acresBase buildable area: 975,744 SFWith retail bonus: 1,366,041 SFWith transit bonus: 1,990,517 SF

4. Arts Center siteLot size: 1.67 acresBase buildable area: 364,270 SFWith retail bonus: 509,978 SFWith transit bonus: 743,110 SF

5. Dewberry Capital siteLot size: 1.27 acres Base buildable area: 275,740 SFWith retail bonus: 386,036 SFWith transit bonus: 562,509 SF

1. 1275 Peachtree 1275 Peachtree St NE142,752 SF / 6 �oorsPercent Occupied: 95%Year Built: 1984Year Renovated: -Lease Rate: $24.25/SF/YR, FSG

2. The Peachtree1355 Peachtree St NE345,245 SF / 20 �oors Percent Occupied: 82%Year Built: 1989Year Renovated: Lease Rate: $28/SF/YR, FSG

3. 1389 Peachtree 1389 Peachtree St NW42,000 SF / 3 �oorsPercent Occupied: 82%Year Built: 1986Year Renovated: -Lease rate: -

4. 1401 Peachtree St1401 Peachtree St NE87,276 SF / 5 �oorsPercent Occupied: 77%Year Built: 1955Year Renovated: -Lease rate: -

5. 1438 W. Peachtree1438 West Peachtree St NW42,340 SF / 2 �oorsPercent Leased: 81%Year Built: 1955Year Renovated: -Lease rate: $28.50/SF/YR, FSG

6. Silhouette Midtown1447 Peachtree St NE115,838 SF / 10 �oorsPercent Leased: 77%Year Built: 1964 Year Renovated: 2007Lease rate: $22.50/SF/YR, FSG

CLASS B OFFICE

MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017 | WOODRUFF ARTS CENTER



SPI-16 DEVELOPMENT CONTROLSNon-residential FAR: 5Ground-�oor retail bonus: +2Transit area bonus: +3.2Max FAR including bonuses: 10.2


Sources: Class A and Class B Of�ce, Xceligent, 2017; Large-scale commercial development sites, Midtown Alliance, 2017

C1MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017 | FEDERAL RESERVE BANK

1/4 mi

N

33 Peachtree Place

PREPARED BY MIDTOWN ALLIANCEATLANTA, GA | Q3 2017MidtownATL.com

6mmm

iiiinnnuuuttteee

wwaaalllkkkk


1 1

4

3

2

1

1

2

3

4

6

5

7

8

2

1

3

4

5

6 7

8 9

10 11

12

13 Promenade Parking

ColonySquare

1010Midtown

Wimbish House

7712th Street

LoewsHotel Midtown

SkyhouseMidtown

Adult Swim(TBS)

Spring HillChapel

1052 W.Peachtree

Peachtree WalkCondominiums

Residence Inn, Historic

100Midtown

AquaMidtown

RegencySuites

The Plaza Midtown

CottingCourt

MargaretMitchellHouse

Metropolis

60 11th Street

1010 West Peachtree

MarriottSuites

Atlantic House

ApogeeMidtown

NorthsideMedical Building

Dual-branded

hotel

14TH ST

13TH ST

JUN

IPER

ST

12TH ST

11TH ST

10TH ST

8TH ST

PEACHTREE PL

12TH ST

WEST PEA

CH

TREE ST

WIL

LIA

MS

ST

SPRI

NG

ST

TEC

HW

OO

D D

R

PEAC

HTREE W

ALK

CRESC

ENT A

VE

PEAC

HTREE ST

MidtownStation

1. 999 Peachtree St 999 Peachtree St NE621,946 SF / 28 �oorsPercent Occupied: 95%Year Built: 1987Year Renovated: -Lease Rate: $35.24/SF/YR, FSG

2. Ten 10th St 10 10th St NE421,417 SF / 14 �oorsPercent Occupied: 87%Year Built: 2001Year Renovated: -Lease Rate: $37/SF/YR, FSG

3. 12th & Midtown One1075 Peachtree St NE790,000 SF / 38 �oorsPercent Occupied: 92%Year Built: 2010Year Renovated: -Lease Rate: $27.78/SF/YR, NNN

4. Eleven Hundred Peachtree 1100 Peachtree St NE580,000 SF / 28 �oorsPercent Occupied: 98%Year Built: 1990Year Renovated: -Lease Rate: Negotiable

5. Campanile Plaza 1155 Peachtree St NE446,626 SF / 20 �oorsPercent Occupied: 52%Year Built: 1987Year Renovated: 2011Lease Rate: $37.50/SF/YR, SFG

6. The Proscenium 1170 Peachtree St NE527,999 SF / 23 �oorsPercent Occupied: 98%Year Built: 2001Year Renovated: -Lease Rate: $37.78/SF/YR, FSG

7. Four Seasons Hotel 75 14th St NE97,000 SF / 53 �oorsPercent Occupied: 81%Year Built: 1992Year Renovated: -Lease Rate: $33.50/SF/YR, MG

8. Regions Plaza1180 West Peachtree St NE545,076 SF / 24 �oorsPercent Occupied: 88% Year Built: 2001Year Renovated: -Lease Rate: $35.29/SF/YR, FSG

9. One Atlantic Center 1201 West Peachtree St NW1,100,312 SF / 50 �oorsPercent Occupied: 91%Year Built: 1987Year Renovated: Lease Rate: Negotiable

10. 1180 Peachtree1180 Peachtree St NE670,000 SF / 41 �oorsPercent Occupied: 99%Year Built: 2006Year Renovated: - Lease Rate: $42/.54SF/YR, FSG

11. 100 Colony Square1175 Peachtree St NE337,737 SF / 24 �oorsPercent Occupied: 90%Year Built: 1972 Year Renovated: 2000 Lease Rate: $31.86/SF/YR, FSG

12. 400 Colony Square1201 Peachtree St NE394,072 SF / 22 �oorsPercent Occupied: 88%Year Built: 1974Year Renovated: 1980Lease Rate: $31.23/SF/YR, FSG

13. Promenade 1230 Peachtree St NE774,610 SF / 38 �oorsPercent Occupied: 96%Year Built: 1990Year Renovated: - Lease Rate: $32/SF/YR, Net

1. Federal Reserve Bank of Atlanta

ANCHORS PROPOSED DEVELOPMENTS

CLASS A OFFICE


1. 1105 West Peachtree Street 770K SF of�ce, 81 condos, 156 hotel rooms, 16,900 SF retail by Selig Enterprises

2. Future phase of 12th & Midtown

3. 1138 Peachtree St370 luxury apartments and 39,000 SF retail on �rst three levels by Trillist

4. Future phase of 12th & Midtown

5. Whole Foods Market72,000 SF organic grocer by Related Group

6. No.2 Opus Place 382 res. units, 180 hotel rooms, 60K SF retail in the �rst of three phases for 98 14th Street

7. Campanile Expansion77,000 SF of new retail and 150,000 SF of new of�ce space to be added to existing of�ce building by Dewberry

8. Colony Square Renovation Recon�guration of existing site plan and 140,000 SF of retail space and the addition of 50,000 SF of retail


1. Atlanta Cable SiteLot size: 1.58 acresBase buildable area: 343,655 SFWith retail bonus: 481,117 SFWith transit bonus: 701,056 SF

2. Dewberry Capital SiteLot size: 3.88 acresBase buildable area: 845,065 SFWith retail bonus: 1,183,091 SFWith transit bonus: 1,723,932 SF

3. USPS site Lot size: 1.14 acresBase buildable area: 249,000 SFWith retail bonus: 348,600 SFWith transit bonus: 507,960 SF

4. Innkash Midtown SiteLot size: 2.48 acresBase buildable area: 540,145 SFWith retail bonus: 756,203 SFWith transit bonus: N/A

CLASS B OFFICE1. 1100 Spring St1100 Spring St NW149,541 SF / 8 �oorsPercent Occupied: 99%Year Built: 1970Year Renovated: -Lease Rate: Negotiable




SPI-16 DEVELOPMENT CONTROLSNon-residential FAR: 5Ground-�oor retail bonus: +2Transit area bonus: +3.2Max FAR including bonuses: 10.2



D1MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017 | TECH SQUARE

1/4 mi


66 mminuuuttteeew

allkkOPPORTUNITY ZONE job creation tax credit:$17,500 per new job

1

1

1

1

4

4

4

4

2

3 3

1 2

1

3

2

1

2

TheStandard

1

Square on Fifth

930 Spring St

Plaza Midtown

SionicMobile

Academy of Medicine

PeachtreeLofts

Renaissance Hotel

MidCity Lofts

Biltmore at Midtown

Apartments

Spire Midtown

CVS parking

deck

Cornerstone Village

CVS

GordonBiersch

Skyhouse South

Viewpoint

805Peachtree

St MarkMethodist

Church

RedeemerLutheranChurch

Solace onPeachtree

Hotel Indigo Midtown

Emory Proton Therapy Center

The Georgian Terrace

ThePonce

Fox Theatre

parking deck

SunTrustBank

MidtownBank

ConcentraUrgent Care

782Peachtree

33 Peachtree Place

Seventh

Modera

BroadstoneTerraces

Tech SquareLabs

Peachtree at 3rd

Hanover Midtown

Alexan880

JUN

IPER

ST

10TH ST

8TH ST

PEACHTREE PL

WEST PEA

CH

TREE ST

WIL

LIA

MS

ST

SPRI

NG

ST

PEAC

HTREE ST

BILTMORE PL

5TH ST

5TH ST

4TH ST

CYP

RESS

ST

6TH ST

3RD ST

PONCE DE LEON AVE

North AveStation

MidtownStation

1. Juniper at 5th Street158 res. units by Southeast Capital

2. 811 Peachtree391 res. units, 25K SF retail by Integral

1. Tech Square 1.4M SF mixed-use complex anchored by ATDC, Flashpoint, Venture Lab, corporate innovation centers

1. Centergy One75 5th St 486,993 SF / 12 � oorsTotal Available Space: 0 SFMax. Contiguous Space: 0 SFPercent Occupied: 100%Year Built: 2003Year Renovated: -Avg. Rent:

1. Ponce/3rd Assemblage Lot size: 4.27 acres Base buildable area: 930,006 SFWith retail bonus: 1,302,008 SFWith transit bonus: 1,897,211 SF

2. Icahn Enterprises siteLot size: 1.70 acres Base buildable area: 370,260 SFWith retail bonus: 518,364 SFWith transit bonus: 755,330 SF

3. Trac Eric site Lot size: 1.88 acresBase buildable area: 409,205 SFWith retail bonus: 572,888 SFWith transit bonus (partial): 712,280 SF

ANCHORS



4. AT&T Midtown Center800K SF AT&T Campus

1. 715 Peachtree715 Peachtree St NE320,000 SF / 10 � oorsPercent Occupied: 45%Year Built: 1971Under renovationLease Rate: $28/SF/YR, FSG

2. 730 Midtown730 Peachtree St NE211,468 SF / 11 � oorsPercent Occupied: 94% Year Built: 1965Year Renovated: 2000Lease Rate: $24.94/SF/YR, FSG

3. The Biltmore 817 West Peachtree St NW289,000 SF / 12 � oorsPercent Occupied: 99% Year Built: 1924Year Renovated: 1999Lease Rate: $29.00/SF/YR, FSG

CLASS B OFFICE

D2MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017 | TECH SQUARE




CLASS A OFFICE

2. Coda750K+ SF public/private mixed-used development

3. NCR Corp.’s Global HQ516K SF of� ce by Cousins in Phase 1


E1MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017 | EUHM

1/4 mi


66 mmiiiinnnuutttteeeew

aallkkkkOPPORTUNITY ZONE job creation tax credit:$17,500 per new job


2

3

1 1

3

3

3

1 2

4

3

5

1

1

1

2

131Ponce

De Leon

Solace onPeachtree

Hotel Indigo Midtown

The Georgian Terrace

ThePonce

Fox Theatre

parking deck

MidtownBank

ConcentraUrgent Care

TheChildren’s

Center

All Saints’Episcopal

Church

TheVarsity

North AvePresbyterian

Church

parking lot

St Paul’s Presbyterian

Church

EmoryUniversity

Police

Gladys Knight’s Chicken & Waf� es

parking deck

MeliaHotel Atlanta

563 Spring St St Jude’s

Recovery Center

USPS

ShakespeareTavern

Taskforce for the Homeless

Savannah Suites

St Luke’s Episcopal Church

450 PiedmontTownhomes

715Peachtree

TheStandard

4TH ST

3RD ST

PONCE DE LEON AVE

JUN

IPER

ST

WEST PEA

CH

TREE ST

SPRI

NG

ST

PEAC

HTREE ST

CO

URT

LAN

D S

T

PIED

MO

NT

AV

E

RENAISSANCE PKWY

PINE ST

NORTH AVE

LINDEN AVE

Peachtree Center Station

North AveStation


1. Ponce/3rd Assemblage Lot size: 4.27 acres Base buildable area: 930,006 SFWith retail bonus: 1,302,008 SFWith transit bonus: 1,897,211 SF

3. Icahn Enterprises siteLot size: 1.70 acres Base buildable area: 370,260 SFWith retail bonus: 518,364 SFWith transit bonus: 755,330 SF

4. Spring St 16921 LLC site*Lot size: 1.23 acres Buildable area: 642,948 SF

5. Emory University site*Lot size: 3.36 acres Buildable area: 1,756,344 SF

6. John W Grant Trust site*Lot size: 1.13 acres Buildable area: 656,365 SF

1. One Georgia Center 600 West Peachtree St NW375,000 SF / 28 � oorsPercent Occupied: 91% Year Built: 1967Year Renovated: NoneLease Rate: $22.76/SF/YR, FSG

CLASS B OFFICE

1. Emory University Hospital Midtown 2. Georgia Proton Treatment CenterState of the art, high-tech cancer treatment center operated by Emory University Hospital Midtown

3. AT&T Midtown Center 800K SF AT&T Of� ce Campus

ANCHORS

E2MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017 | EUHM



*SPI-1 DEVELOPMENT CONTROLSNon-residential FAR: 12




1. 640 Peachtree Street 238 hotel rooms, 6,500 SF retail, and public parking

1. Bank of America Plaza 600 Peachtree St NE1,255,570 SF / 55 � oorsPercent Occupied: 78% Year Built: 1992Year Renovated: -Lease Rate: $33.60/SF/YR, FSG

2. Baltimore Block 1 Baltimore Pl NW 105,241 SF / 5 � oors Percent Occupied: 49% Year Built: 1885year Renovated: 1989$23.62/SF/YR, FSG

CLASS A OFFICE

MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017€¦ · Midtown Wimbish House 77 12th Street Loews...

Documents

Transcript of MIDTOWN COMMERCIAL REAL ESTATE MAPS, Q3 2017€¦ · Midtown Wimbish House 77 12th Street Loews...