The newly former joint venture of Atlanta-based developers Regent Partners and Batson-Cook and Dallas-based TIER REIT promises to bring a glassy, 44-floor office and condo tower in Buckhead’s financial district.
At 3354 Peachtree Road, overlooking Ga, Highway 400, the building would be the tallest the neighborhood has welcomed since the Great Recession, according to the Atlanta Journal-Constitution.
The proposed tower, which could break ground before the year’s end, would neighbor another Regent development, the 50-story Sovereign mixed-use tower erected just before the Recession, the paper reported.
The planned sibling tower would be comprised of 25 floors—560,000 square feet—of high-end office space, as well as 60 luxury condos.
The project would occupy part of the last undeveloped parcel in the tony neighborhood’s financial district.
The property currently serves as a parking lot for Capital City Plaza.
Spanning roughly three acres, the development site is also slated to one day house another 30-story building developed by Regent and Batson-Cook.
Both upcoming developments would also feature easy access to the Buckhead MARTA station by way of a pedestrian bridge.
The 3354 Peachtree project, which is being designed by architecture firm Smallwood, Reynolds, Stewart, Stewart, is expected to be delivered in 2022.