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Developer the Loudermilk Companies has launched construction on a new medical office tower in Buckhead, just blocks off Peachtree Road at rapidly transforming Buckhead Triangle.
The Atlanta Business Chronicle reports the 120,000-square-foot project at 371 E. Paces Ferry Road is now underway, though the timeline for construction remains open-ended.
When proposed back in 2015, plans initially called for a five-story medical office building to rise on the site.
However, when plans were submitted for permitting nearly a year ago, the proposal had turned into a tower, slated to house a surgical center, primary care facilities, and pharmacy operations above three levels of parking, with 5,000-square-feet of retail at the base.
Fast-forward to last November, and renderings finally emerged of a rather run-of-the-mill black and white nine-story facility wrapping a seven-story parking deck with room for 485 cars.
With four tenants already lined up, nearly 30 percent of the space is spoken for.
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The project is just one of many planned or underway in the Buckhead Village area. Expect to see more offices, retail, and residential development in the neighborhood around Buckhead Triangle.
- Loudermilk breaks ground on Buckhead office building [Atlanta Business Chronicle]
- Buckhead Village’s latest development is a medical office tower [Curbed Atlanta]
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