Just when it seems all apartment activity in western Midtown is relegated to the Howell Mill Road corridor, a 317-unit development next door to Atlantic Station goes and breaks ground. Rising at the corner of 16th and Mecaslin streets is a $45 million project by Pollack Shores Real Estate Group called "Atlantic 16." Pollack bought the 3-acre site — which sits across from IKEA but isn't part of Atlantic Station — last year from the Georgia Tech Foundation. It's the latest of roughly 450 apartment projects to rise across intown Atlanta, and further proof that developers are confident the market will still be there when these babies are finished.
The project appears to have been scaled back a bit from the original proposal of 329 units. A six-level parking deck is slated for the site, but it doesn't look like any retail space will be. (Maybe that's wise, considering the location and the fact that there's a plethora of retail down the street). Amenities, according to a project website, will include "a themed leasing office, exercise facilities, and (an 8,000 square-foot) club room ? complemented by excellent views and distinctive unit design." That seems like an awfully large club room. Better be some Ping-Pong up in there.
· Station 16 [Website]
· Station 16 construction site last month [Immovable Media]
· Apartment project planned near Atlantic Station [ABC]
[Above rendering via Atlanta Development and The Preston Partnership]