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Jan
24

New Luxury Apartment Coming to Buckhead

By on Jan 24

The economy may still be down; however, new apartment construction is not. There will soon be new opportunities for you to finally move to exciting Buckhead. According to the

Atlanta Business Chronicle, Preserve Properties, LLC, led by Atlanta apartment developer John Draper, has plans for a new eight-story, 250-unit luxury apartment building. The site is located at 92 West Paces Ferry Road and is adjacent to the St. Regis.

Although, it will still take some time before you can make the move into this luxury building. There are no plans to start developing this year. Preserve Properties must still close on the purchase of the 2.5 acre site.

These new luxury apartments mark one of the first opportunities for new development since Buckhead leaders expanded SPI-9, or the special public interest zoning district; zoning meant to transform Buckhead’s traffic ridden streets into a walkable urban district.

Its seems that investor confidence is increasing in both luxury apartments and Buckhead’s influence on Gen Y workers as a prime housing and working location.

According to Denise Starling, the executive director of the Buckhead Area Transportation Management Association (BATMA), the apartment building may complement city plans for a new international district that would include foreign consulates, office buildings and residences connected by sidewalks and quaint shops and cafes.

For more information about this new Buckhead project, visit the

Atlanta Business Chronicle website.

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