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Development Du Jour

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It's quite possible the next big idea for a Midtown apartment tower will spring from the ashes of Donald Trump's sputtered dreams. AMLI Residential has paid $7 million for the 1.8-acre site at 15th and West Peachtree streets once envisioned as Trump Towers Atlanta, the Atlanta Business Chronicle reports. It's the same site where contractors were recently pricing a tower project that could rise between 20 to 30 stories. And it's one of several potential developments that could give Midtown a bulkier vertical presence soon. [ABC]