Another new complex is heading to Buckhead.
Atlanta-based Coro Realty Advisors plans to soon begin work on its long rumored apartment complex on Piedmont Road. The complex will be built in place of the former Bridgetown Grill / Bertucci's Pizza restaurant on Piedmont Road, in front of LA Fitness and across the street from Terminus. The restaurant building was demolished a few years ago and has sat vacant ever since.
The artist's rendering seems to show at least a few hundred units and at least a half dozen ground level retail / restaurant spaces.
Coro has been quite active in capitalizing on their existing assets by adding residential components to their properties. In Buckhead Place, Coro previously built "05 Buckhead," a 20-story, 155 unit luxury apartment complex in 2009.
Coro also separated its Brookwood Place property in south Buckhead to create two projects. Brookwood Place would remain intact on the south end of the center while Coro partnered with Grayco to develop a 249 unit apartment complex in place of the northern portion of the center.
As a proud Buckhead homeowner, I'm pleased to see development. I worry though, with over 10,000 new units recently completed, under construction, or announced, that the streets and infrastructure of the area can't support this tremendous boom in residential development.
Especially in the case of Maple Drive and Stratford Road, for there to suddenly be nearly 600 new units on each road, it sounds like an added traffic nightmare.
Below, I've compiled a sampling of Buckhead apartment complexes announced, under construction, or recently completed.
SkyHouse Buckhead (open)
3390 Stratford Road
Studio,1,2 & 3 BR from $1400 - $3015
Broadstone Maple (under construction)
Maple Drive, between East Paces Ferry an Peachtree Roads
Units and pricing TBD
Cyan on Peachtree (under construction)
3800 Peachtree Road
1-3 BR starting at $1625 - $4885
Berkshire Terminus [fka Crescent Terminus] (open)
20 Terminus Place
Studio-2 BR $1128-2021
The Elle of Buckhead (open)
235 Pharr Road
1 & 2 BR units. $1445-$2586
Un-named Gables Residential complex (planned)
Corner of East Paces Ferry Road and Maple Drive
*Apartments with townhomes and limited commercial space
Pricing and units TBD
Camden Paces (open)
77 East Andrews Drive
1-3 BR starting at $1699 - $5229
AMLI CityPlace (under construction)
16-acre parcel at Roxboro and East Paces Ferry Roads
Studio,1,2 & 3 BR units, pricing TBD
Former Parkside at Buckhead (under construction)
475 Buckhead Avenue
Unit size and pricing TBD
Vacant parcel adjacent to the Buckhead Theatre (planned)
3116 Roswell Road
*Nearly 13,000 of ground floor commercial space
Unit size & pricing TBD
Domain at Phipps Plaza (under construction)
*3500 Peachtree Road (Phipps Plaza address) located at rear of mall
319 "mid-rise" units
Studio, 1 & 2 BR
Lenox Towers (planned)
*3393 Peachtree Road (Lenox Square address) located at rear of mall
Pricing and units TBD
Post Alexander (under construction)
3410 Alexander Road (Corner of Phipps Boulevard & Lenox Road)
340 units *Second phase of existing property
Although not especially close (in its current form) to any of the aforementioned complexes, PATH 400 has the potential to be a wonderful amenity for the Buckhead community. The 5.2 mile greenway path will eventually connect to the Atlanta BeltLine and will offer area residents a great bike / walk / run option close to home.
What are your thoughts on the dizzying number of new apartment units coming to Buckhead? What complex are you most intrigued / angered by? What one thing could the City of Atlanta, the Buckhead Coalition or any other group do to make transit better in Buckhead?
Please share your thoughts below.