Now, developers are moving in.
Documents filed with the city show plans for a new residential tower on the adjoining properties to the north of the site, across from Emory Midtown Hospital.
Plans for the project, billed as “SoNo on Peachtree”—bound to irritate many neighborhood-naming traditionalists—call for a 170,000-square-foot, multifamily tower with about 200 units and 100,000 square feet of office space in a second building.
The project would require the demolition of two narrow commercial buildings facing Peachtree Street, while preserving the Peasant Building, a commercial structure dating back to 1936. The two buildings slated for demolition are each nearly a century old.
Drawings show the buildings would be replaced by a row of underground parking and a pedestrian plaza leading to the front door of the building.
The plans, made available by SAP as part of the filing, show a narrow four-story parking deck to rise off Courtland Street, while commercial spaces would be built out in the Peasant Building.
A new tower with 13 floors of residences would be constructed at the eastern edge of the site, while a five-story office building would sit atop the Peasant Building, facing Peachtree Street.
The residential building would comprise a mix of studios, one-bedroom, and two-bedroom units.
Expect 100 studios, 88 one-bedrooms, and only 12 two-bedroom options. Additionally, the building would include 225 parking spaces—far less than the maximum allowable 512, but well over the required zero.
Given the drawings available, it’s hard to see how the site would accommodate the parking. But it’s certainly a sign of investment in a section of Peachtree that’s had its struggles.