The resurgence of Atlanta’s high-rise office market continues up north, as a prominent developer is planning a 468,000-square-foot office tower in the Central Perimeter area.
Houston-based Hines, the company behind two office buildings ascending in Atlantic Station—T3 West Midtown and Atlantic Yards—has proposed developing its next major workspace project on Sandy Springs’s Abernathy Road, near Ga. Highway 400, according to Bisnow.
The tower, to be called 700 Northpark, would be the fourth structure to rise at Cousins Properties’s Northpark Town Center, a mixed-use campus just northwest of the Sandy Springs MARTA station.
The site’s proximity to transit, development officials told Bisnow, should be a major selling point for prospective office tenants.
But unlike with Hines’s Atlantic Station projects, the developer doesn’t intend to break ground until a major lessee is secured.
Nevertheless, Hines leaders told the publication a few companies are nibbling, and they expect that construction could launch as soon as this fall.
Elsewhere in the Central Perimeter area, near the Dunwoody MARTA stop, Trammell Crow is developing a 300,000-square-foot office building called Twelve24, and the long-languishing and massive High Street, by developer GID, is slated to break ground by the end of the year.
Meanwhile, State Farm’s nearby multi-tower campus continues to grow, a project also boosted by transit accessibility.