August 7, 2015
Buckhead Atlanta Pitches Second-Phase Concept
The developer of the glitzy Buckhead Atlanta development has unveiled renderings of the planned second phase.
They show a complex that will include a mix of uses — including both traditional offices and a more creative type of business space featuring high ceilings and open floor plans. It is unclear if the company has tenants in mind for the project.
California-based developer OliverMcMillan presented the renderings to a city panel reviewing big projects in the area.
The final design is still pending before the review committee and could change. As presented, the second phase includes about 315,000 square feet of space.
The second phase is to be located on the former Hi-Fi Buys site along Peachtree Road just north of East Paces Ferry Road.
A company statement said it is still exploring various options, but the complex could also include space for retail, restaurants and some form of fitness offering.
“This will be a great complement to the existing offerings at Buckhead Atlanta, and will be a short two-minute walk away,” Greg Wattson, senior managing director of development at OliverMcMillan, said in a statement.
OliverMcMillan opened Buckhead Atlanta in September. The $1 billion mixed-use neighborhoodreplaced the planned Streets of Buckhead project that foundered during the Great Recession. The 1.5 million-square-foot project is among the largest developments to open in Atlanta in years.
The luxury development includes high-end retailers such as Jimmy Choo, Dior, Canali, Hermes and Christian Louboutin. The project also features restaurants and 370 luxury high-rise apartments.
OliverMcMillan executives have previously told The Atlanta Journal-Constitution that additional residences, hotels, restaurants, retail and more offices are under consideration for future phases, and the firm also has considering buying land. In February, rent-to-own retailer Aaron’s announced plans to sell its adjacent headquarters tower.
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