No2 Opus Place, once slated to be the second tallest building in the city, set the Atlanta real estate market abuzz when first announced last year.
According to project leaders, that buzz hasn’t died among the top-tier condo buyers of Atlanta.
Designed as one piece of an eventual three-tower development on 14th Street, where the Symphony Center idea had fallen flat a decade earlier, the tower lost nearly 20 stories when it was announced that a planned hotel would no longer be included in the building.
That being said, the 53-story project, with more than 200 luxury condo units, would still move forward as the tallest residential building in the city.
Last month, a bold announcement that construction would start in October once again came as a shock to many. After all, many other similarly high-end condo developments (among them Emerson and the Charles) had been on the books for longer, but still didn’t have a firm construction date.
Now, with new renderings and details released, the bold timeline for construction remains.
Project director Kerman Haynes, vice president of Berkshire Hathaway’s CITY HAUS condominium division, told Curbed Atlanta the Midtown condo market has pent-up demand.
With current Midtown residents looking to move up without moving out—Haynes believes Atlantans want the walkability of Midtown over Buckhead—No2 Opus Place has quickly become a hot commodity.
According to Haynes, more than $30 million worth of properties at No2 Opus Place are already moving through the contract phase. With prices in the building averaging $1.6 million, that represents nearly 10 percent of the units.
Residents in the tower will have access to a wellness center on the ninth floor, and a sprawling 10,000-square-foot amenity floor with sweeping views of the city on the 41st.
In addition to the residential uses, plans call for 20,000 square feet of retail space along 14th Street and on the interior of the site.
Developers say sustainability in the design of the building is a major emphasis, with expectations that it will be LEED Gold certified.
Next month, the sales center—a nearly $3 million facility that began construction on the site late last year—will open, allowing potential residents who haven’t signed up sight unseen the chance to check out finishes in person.
Construction is still slated to start in October.
- Midtown Atlanta’s Opus Place tower now eyeing October launch [Curbed Atlanta]