The tsunami of Midtown’s new high-rise apartment living includes two buildings that have begun to rise on two busy neighborhood streets.
Toll Brothers Apartment Living, a rental subsidiary of luxury homebuilder Toll Brothers, is a Momentum Midtown project on both West Peachtree and Spring Streets, with a total of 70 floors, as shown in a recent site visit. It’s going vertical with new construction.
There is a 36-story skyscraper (West Peachtree Street) to the east, and a 34-story, slightly shorter building faces west toward the Downtown Connector.
The project includes a total of 600 apartments (640 beds), plus 4,900 square feet of retail and 615 parking spaces, servicing both buildings. It will be delivered in the spring of 2024, according to Midtown Alliance.
According to Toll Brothers officials, the apartments in the skyscrapers are all market priced and range from one-room to three-bedroom units.
The West Peachtree Street building will include a rooftop pool with cabanas, bar, expansive game room and sky lounge. A coffee bar, co-working space and a ‘luxury club room’ are planned elsewhere. PGIM Real Estate is also a partner on the project.
Toll Brothers acquired this property (approximately 1.5 acres total) from Comcast Communications for $21 million per property record. The developer’s original plans called for his two residential buildings, one with 27 floors and one with 22 floors, but floors were added later.
Momentum Midtown will stand across the road currently being built by Portman Holdings. 370 tower apartments Office building on the northwest corner of Spring Street and 10th Avenue overlooking the downtown connector.of hub atlanta The project is currently on the rise just south of it.
The Hanover Company, about four blocks north of West Peachtree Street, 31-story tower apartment It overlooks MARTA’s Arts Center station.
I asked a representative from Toll Brothers for an update on the construction of Momentum Midtown this week. I will let you know if I have any additional information.
Find more context in the gallery and the latest renders below.
• Recent Midtown news and discussions (Urbanization of Atlanta)