The first tower in a planned vertical growth spurt around Buckhead Village is barreling ahead after clearing away a low-rise commercial building and condo complex.
Chicago-based CA Ventures has erected construction cranes over a corner site in the village for its next Atlanta high-rise at 340 East Paces Ferry Road. In the past couple of years, the company has completed two towers in Midtown, 903 Peachtree luxury apartments and HERE Atlanta student housing building.
The site is immediately west of the Kimpton Sylvan hotel on East Paces Ferry Road, about a block northeast of the Buckhead Village retail and dining district.
Construction towers erected over the 340 East Paces Ferry Road site this week, with the bulk of Buckhead Village shown down the street. Josh Green/Urbanize Atlanta
View along Grandview Avenue, with Peachtree Road at left. Submitted/YouTube
Plans call for a 22-story building containing 483 luxury apartments, with amenities placed on the 10th floor and a valet-style drop-off area for residents below. According to architectural plans submitted back in 2019, the building would top out at 225 feet, the maximum height allowed in the village.
Also in the works is 17,000 square feet of retail space along East Paces Ferry Road, according to Atlanta architecture firm Niles Bolton Associates, the project’s designers.
One unique component is more than 100 parking spaces for electric vehicles in the building, including some specially designed and reserved for Tesla models, per the architecture firm.
CA Ventures had initially brought blueprints before Buckhead design review committees in 2018 for an upscale complex at the northeast corner of East Paces Ferry Road and Grandview Avenue.
Josh Green/Urbanize Atlanta
The tower’s planned retail component along East Paces Ferry Road. Niles Bolton Associates
The 340 East Paces Ferry Road project isn’t the only high-rise activity percolating in Buckhead Village’s core blocks.
Directly across East Paces Ferry Road, another company based in greater Chicago, Harbor Bay Ventures, has advanced plans for a 20-story, mixed-use tower that would be partially constructed of mass timber. That fenced-off site is currently being used as surface parking, with no signs of active construction.
About a block south of that site, New York-based Tidal Real Estate Partners plans to build a 21-story project that would consume nearly a full block of the village. All low-rise properties at that site are currently vacant and boarded up, awaiting demolition.
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