Allen Morris On Real Estate

Allen Morris, Paces Developing $215M West Midtown MXD

  |   Press

“Atlanta is experiencing booming economic and employment growth that is drawing top talent to the area.”

November 18, 2016 | By Jennifer LeClaire

ATLANTA—Paces Properties is partnering with Allen Morris Company to develop Star Metals Atlanta. Plans for the mixed-use development include a luxury multifamily residential, street-level retail, and class A office space in Atlanta’s West Midtown neighborhood.

“We see today as a pivotal time to be part of Atlanta’s evolution,” Allen Morris, chairman and CEO of Allen Morris Company, tells GlobeSt.com. “Atlanta is experiencing booming economic and employment growth that is drawing top talent to the area. It is also the number one city for corporate relocations.”

Located at 1050 & 1055 Howell Mill Road, blocks from the Westside Provisions District, Star Metals Atlanta is valued at $215 million. The project aims to reflect the historical composition and materials of the old rail yards West Midtown is known for, while incorporating modern amenities that will enhance the West Midtown community.

Star Metals Residences, the multifamily residential component, features 409 rental units. The project will work to capture the vibe of the neighborhood. Amenities will include a rooftop club room and amenity deck, theater, Bocce ball court, Yoga studio, poolside movies at night, community garden and greenhouse where residents can gather. The building will also include 16,500 square feet of ground-floor retail.

The 14-story Star Metals Offices will offer approximately 185,000 square feet of class A office space, 30,000 square feet street-level retail with 22-inch ceilings, ground-floor restaurants and food options, tenant amenities, collaboration work spaces and structured parking providing an above market parking ratio of 3.5 spaces per 1,000 square feet.

 

 

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