So far, construction activity at the site of proposed mega-project Opus Place has been relegated to the temporary sales office, but developers have hopes of launching the real thing in about six months.
According to a WSB-TV report this week, Opus Place’s first condo tower (No2 Opus Place) should be in full construction come October, with completion scheduled for 2020.
Masterplanned by famed architect Richard Meier (designer of the High Museum), the first Opus luxury tower would rise near 14th and Peachtree streets with 200 condos.
A rep told WSB-TV that prices will start at $700,000 and climb to $12 million for 5,000-square-foot, 52nd-floor penthouses, which would set a new stratospheric bar for multifamily Atlanta real estate.
Such penthouses, of course, would have panoramic city views (roughly 10 stories above the Four Seasons), and the building would naturally offer resort-level amenities that include indoor and outdoor pools.
Marketers told the TV station that interest has been high—more than 1,000 people have preregistered for info, which doesn’t exactly make them potential buyers—and that demand for Midtown condos is strong amid so many new apartment stacks.
No2 Opus Place would still be Atlanta’s tallest residential tower, through its potential title of second-tallest building overall went bust when a hotel pulled out of the venture earlier this year. The proposal was subsequently shortened from 74 stories to 53.