First look: How Midtown’s latest tower proposal would lord over Peachtree Street

Renderings indicate the project would bring retail to the very corner of Eighth and Peachtree

By Josh Green@JoshGreen1234 Oct 10, 2018, 3:32pm EDT

The proposed street elevation, as seen from west of Peachtree. (Full rendering below).

The latest exclamation point on Midtown’s vertical maturation is destined for the corner of Eighth and Peachtree streets, as renderings unveiled at a meeting this week indicate.

As reported Monday, Chicago-based CA Ventures wants to build a 32-story tower—with 12,000 square feet of retail at the base—that would lord over Peachtree where a couple of low-rise restaurant buildings stand now.

Developers unveiled visuals for the glassy high-rise before a meeting of Midtown’s Development Review Committee on Tuesday. It’s the largest of at least three projects CA Ventures is pushing in Midtown and Buckhead.

The 417 units in the tower would be market-rate apartments and not condos, according to a source at the meeting.

No timeline was specified, and no public commentary was given, but DRC officials complimented both CA Ventures projects in the Midtown pipeline, we’re told.

Final proposals are expected to come before the DRC next month.

The site with retail occupants, as seen in March 2017.

The corner shown with the existing Viewpoint condo tower to the right.

The tower would rise on the southeast corner of Peachtree and Eighth. Plans call for eight levels of podium parking (549 spaces), with 23 residential floors above.

Renderings and property records indicate the Bulldogs building at 893 Peachtree Street would not be impacted, though the longstanding bar and neighboring parking lot would be virtually surrounded by glass-filled towers, including the 29-story curvature of Hanover Midtown.

How the building would meet Eighth Street (as shown at top).

Elsewhere in Midtown, CA Ventures is pitching a 27-story building for 699 Spring Street marketed toward students, near the Varsity and just south of the Coda project.

It would join a high-rise wave of student-focused projects in the vicinity, including the under-construction, 28-story The Mark tower that’s replacing a Dominos up the street.

Per the application, the Spring Street building would include two retail spaces at ground level with another 320 units—or 715 beds—for students above.

The firm is also cooking plans for a 22-story apartment tower in Buckhead Village—the one with Tesla-specific parking spaces.

Have a closer look at the planned Eighth and Peachtree venture below: