A tipster sends compelling visual evidence that site work could be under way for a second apartment tower catered to students on Spring Street in Midtown. Fences have risen and heavy equipment has arrived just south of Spring and Eighth streets, where developers have pitched a Centergy expansion that would include 520 beds for student housing. The "Centergy North" property could host a 25-story tower (pictured), with more than 200 student apartments, 14,000 square feet of office space and about 5,000 square feet of retail; Gateway and South City Partners proposed the project last year, as site prep was under way for the "University House" project on a site directly to the north. The latter development is by Ambling University, a company currently building Georgia State University residences, too. Their tower will rise about 20 stories (reports have varied), with more student apartments (267) and double the retail (10,000 square feet), most of which appears to front Spring Street. Developers must see an insatiable appetite for Georgia Tech student housing options. The two empty lots — used mostly for overflow game-day parking and the occasional beer festival — won't be missed much.
· Student Tower Near Georgia Tech Appears Imminent [Curbed]
· Centergy expansion would add housing near Tech [ABC;subscriber]
[Photo via Curbed tipline; renderings via Inland American Communities Group Inc. and Skyscraperpage.com]