Another new apartment tower is preparing to launch near Piedmont Park, but plans suggest a much-maligned Midtown eyesore will remain for the time being. Atlantic Realty Partners, the firm behind Buckhead's Cyan on Peachtree tower, filed a building permit application this week to move forward with Azure on the Park on Piedmont Avenue, between 10th and 11th streets, What Now Atlanta reports. According to the application, Atlantic will spend a substantial amount — $2.5 million — readying the site for a 25-story apartment tower and five-story building that wraps a parking deck; that would make sense, given the large homes and other structures that line the streets now. What's more, at the corner of Piedmont Avenue and 11th Street, Atlantic is planning 2,100 square feet of street retail, about twice the size of a typical Subway restaurant.
Noticeably absent from all these plans is a 16-story condo tower facing 10th Street, which Atlantic officials outlined for a neighborhood board last year. That building and its accompanying retail would stand where a deep, unsightly hole has festered since another condo proposal imploded during the Recession. Scuttlebutt in the neighborhood is that Atlantic gave affected residents until March 1 to move. No word yet on a groundbreaking.
· PLANS FILED FOR 25-STORY APARTMENT TOWER NEAR PIEDMONT PARK [WNA]
· 494-Unit Mixed-Use Proposed for 10th Street Hole in Midtown [Patch]
· Can't Stop, Won't Stop. More Mixed-Use Proposals In Midtown [Curbed]