With permits recently approved, site preparations are proceeding full-speed for the new AMLI development on part of the former One CityPlace site in Buckhead. Bounded by East Paces Ferry and Roxboro roads, the site has sat vacant for years after an ambitious pre-Recession proposal for numerous high-rises fell through. Construction barriers have gone up, grading and tree removal has begun and many more large trees on the site have been tagged with orange X's, signifying their imminent demise. The demolition of the sales office for the doomed development has also been approved, clearing the way for around 650 apartments to be constructed — one of the largest new rental offerings in post-Recession Atlanta.
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Late last year, AMLI purchased a portion of the former CityPlace site and announced plans for a development. Steps away from Lenox MARTA station and Lenox Square, the plans include a high-rise with 180 units, low-rise structures housing the remaining units and parking, new streets to reconnect Lakeside Drive to East Paces Ferry and a park.
Only a portion of the original 16-acre tract is included in the current proposal, while uses for the remaining forested, hilly land remain unclear. A small portion of the site, located at the corner of Roxboro and Kingsboro roads, was recently listed for sale at $700,000. While the loss of more of Atlanta's urban forest may be lamentable and the construction will subtract an oft-used shortcut for many in the neighborhood, the pending construction is another indicator that things are getting back on track post-Recession. With the new roadways and park, the neighborhood should ultimately be better connected than before.
· CityPlace goes back to lender [Atlanta Business Chronicle]
· AMLI buys Buckhead site to build 640 apartments [Buckhead View]
· In Buckhead, Major AMLI Apartment Projects Moves Forward [Curbed]
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