A 25-story commercial tower, with the current moniker of International Plaza, has been proposed for downtown Atlanta at the 202 Courtland Street location. Currently, a Hertz Car Rental and surface parking occupies the site.
The new building would help to breakup a corridor of downtown Atlanta that is stippled with parking lots, Curbed Atlanta reports. The tower’s modern architecture and design elements will help the building stand out in what is a somewhat bland section of downtown Atlanta.
The $75 million development, which is being developed privately, is in the most preliminary stages of development, but is already pre-leasing, three full years before the projected opening in 2019. Lee & Associates is in charge of leasing the project.
The tower would include a dual-branded hotel, a Skybar rooftop lounge, restaurants, a health club, retailers, and a coffee shop, according to What Now Atlanta. A loopnet.com listing says the building will offer three levels of commercial space across the 50,000-sf building with walk up street retail with valet parking, an integrated parking deck, and a location that will attract sports, convention, hotel, student, and government business.
As of writing this article, no information about specific tenants is available, however, Lee & Associates claims to already be in talks with a few major brands.
Related Stories
| Jul 2, 2013
LEED v4 gets green light, will launch this fall
The U.S. Green Building Council membership has voted to adopt LEED v4, the next update to the world’s premier green building rating system.
| Jul 1, 2013
Report: Global construction market to reach $15 trillion by 2025
A new report released today forecasts the volume of construction output will grow by more than 70% to $15 trillion worldwide by 2025.
| Jun 28, 2013
Building owners cite BIM/VDC as 'most exciting trend' in facilities management, says Mortenson report
A recent survey of more than 60 building owners and facility management professionals by Mortenson Construction shows that BIM/VDC is top of mind among owner professionals.
| Jun 26, 2013
Commercial real estate execs eye multifamily, retail sectors for growth, says KPMG report
The multifamily, retail, and hospitality sectors are expected to lead commercial building growth, according to the 2013 KPMG Commercial Real Estate Outlook Survey.
| Jun 17, 2013
DOE launches database on energy performance of 60,000 buildings
The Energy Department today launched a new Buildings Performance Database, the largest free, publicly available database of residential and commercial building energy performance information.
| Jun 5, 2013
USGBC: Free LEED certification for projects in new markets
In an effort to accelerate sustainable development around the world, the U.S. Green Building Council is offering free LEED certification to the first projects to certify in the 112 countries where LEED has yet to take root.
| Jun 3, 2013
Construction spending inches upward in April
The U.S. Census Bureau of the Department of Commerce announced today that construction spending during April 2013 was estimated at a seasonally adjusted annual rate of $860.8 billion, 0.4 percent above the revised March estimate of $857.7 billion.
| May 31, 2013
Japan to transform canal into world's largest outdoor pool
A wild proposal by the city of Osaka, Japan, would transform the Dotonbori Canal into a 2,625-foot-long, 40-foot-wide pool.
| May 21, 2013
7 tile trends for 2013: Touch-sensitive glazes, metallic tones among top styles
Tile of Spain consultant and ceramic tile expert Ryan Fasan presented his "What's Trending in Tile" roundup at the Coverings 2013 show in Atlanta earlier this month. Here's an overview of Fasan's emerging tile trends for 2013.
| May 16, 2013
Chicago unveils $1.1 billion plan for DePaul arena, Navy Pier upgrades
Hoping to send a loud message that Chicago is serious about luring tourism and entertainment spending, Mayor Rahm Emanuel has released details of two initiatives that have been developing for more than a year and that it says will mean $1.1 billion in investment in the McCormick Place and Navy Pier areas.
