Permit applications have been filed with the city to begin construction on two separate Buckhead developments that will inject the rental pipeline with nearly 500 more units.
A 21-story tower will soon rise on Peachtree Road, just south of Buckhead Triangle, while closer to the heart of Buckhead Village, two nine-story buildings will be added to Camden Paces, according to Bisnow.
The Sutton, the taller of the two developments, will rise on land formerly occupied by an Exxon gas station and Grand China restaurant. While the properties were cleared a year ago, construction has been on hold for unspecified reasons.
A five-story parking podium will sit along Peachtree Road, with 16 stories of large two- and three-bedroom apartments—141 total—above.
Developer Preserve Properties intends to charge between $3,800 to $5,800 per month for the units.
As with pretty much all new developments in Atlanta, expect a pool deck, an outdoor kitchen, and lots of other high-end amenities for the high-end price tag.
Less than a mile north of that site, Camden Properties is planning a major addition to their Camden Paces development.
Plans call for two new buildings to fill the site along East Andrews, just off Peachtree Road, with 365 units. While the buildings will be part of the existing property, new residents won't have to share amenities with current residents, as a new pool and clubhouse will be added.
Expect work to begin on the Sutton soon, while Camden plans to start construction before the end of the year.
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