Landmark Qualities is relocating ahead with ideas to assemble a around $56 million college student housing tower on Luckie Avenue in Downtown Atlanta, according to a permit application submitted on Wednesday.
Announced past thirty day period as a partnership involving Landmark Homes and a joint enterprise of AECOM Cash and Canyon Companions, the challenge, which is named The Metropolitan at Atlanta, will element 265 models consisting of 835 beds, and it will rise 32 stories at 130 Luckie St. NW. It will also contain about 5,700 square ft of retail place. Landmark said in its announcement that it is aiming to end the undertaking in August 2023.
This week’s filing for the undertaking follows a person for the building’s core and shell function in January, listing an correct advancement expense of $56.465 million.
Perform for The Metropolitan at Atlanta comes as Landmark Homes is in distinctive phases on other student housing jobs in the Atlanta area. Just one of the nation’s largest college student housing developers, Landmark opened The Mark, a 28-tale mixed-use university student housing undertaking at 955 Spring St., past yr. It also stated previous thirty day period it is also scheduled to complete The Retreat at Kennesaw, a task close to Kennesaw Condition University, this tumble.
Its most recent Atlanta challenge will increase as a handful of other huge pupil housing developments in Atlanta take form, equally in close proximity to Ga Point out University and Georgia Tech. The Metropolitan at Atlanta’s spot is in a quarter of a mile of GSU.
“Since opening The Normal at Atlanta in 2018, we have ongoing to see powerful demand for top quality living alternatives in close proximity to the heart of the town and throughout the Atlanta metro space,” Landmark Attributes President and CEO Wes Rogers said in a statement last thirty day period.
The Metropolitan at Atlanta will function a person-bedroom as a result of 5-bed room units and give a array of features which include concierge assistance, a 24-hour conditioning heart, clubhouse, outside pool, cafe analyze lounge, and golf simulator. The models themselves “will aspect substantial-conclude, high-quality finishes, these kinds of as granite counter tops and stainless metal appliances, as very well as superior-speed web and cable,” Landmark stated in its announcement for the job.