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With Rentals, Is Buckhead New Standard-bearer?

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On the last piece of Cousins Properties' massive Terminus development in Buckhead, Crescent Resources is set to break ground on a $67 million, upscale apartment community known as "Circle Terminus." Early plans called for a towering office high-rise on the three-acre site, which sits at Buckhead's so-called "Main and Main," the intersection of Peachtree and Piedmont Roads. All told, Circle Terminus will offer 355 apartments, arranged in an architectural style that bucks the current trend in Midtown: three separate buildings, each topping out at eight stories — more specifically, three levels of parking topped by a modernistic five stories of apartment homes. Noticeably absent: an exposed parking deck, the source of constant gripes with other developments. "Now this is one design I can get excited about," a BuckheadView commenter opined. "The people building the Holiday Inn Express apartments on the Dante's site should take note." Should others?

The first Circle Terminus units are expected to come online in spring 2014. They're promoted as being swank. Amenities will include "a salt-water resort-style pool, roof-top terraces with dramatic skyline views, a wine bar and tavern, an extensive fitness center, a dog walk park, an art gallery and a business center."

In a press release, Crescent extols the virtues of the location, calling the "existing world-class office space, luxury condominiums, outstanding public art, five-star dining and street level retail" ideal for the luxury-apartment demographic. But the Buckhead powers-that-be didn't make it easy on the company, which worked with Cousins for more than a year to find a suitable design. BuckheadView tracked Crescent's repeated visits with the SPI-12 (special public interest district) Development Review Committee, "which suggested several changes to the original plans to make the apartment development more appealing to the public traffic—both vehicle and pedestrian," the blog reports.

· Crescent Resources to begin construction of 355-unit Circle Terminus apartment development in Buckhead [Buckhead View]