The third time appears to be a charm for a Florida-based developer that’s accounted for a significant portion of Atlanta’s new, for-sale condo product since the COVID-19 pandemic. 

Kolter Urban reports this week its third Buckhead high-rise venture, Elyse Buckhead, has notched more than $100 million in sales less than a year after condos at the 102 West Paces Ferry Road project started coming to market. 

The company’s previous two Buckhead developments—Graydon (22 stories) and sister project Dillon Buckhead (18 stories), both standing along Peachtree Road—were nearly sold out prior to opening. 

The 20-story Elyse project officially broke ground in April (its crane went up in July) next door to the St. Regis Atlanta hotel, a block from Buckhead Village. Its 194 condos have started around $1 million since sales kicked off. 

The recent sales milestone at Elyse shows “continued demand for premier, design-driven condominium living” in Atlanta, so long as the location is right, per Kolter Urban’s announcement. 

Construction progress at 102 West Paces Ferry Road as of July. Courtesy of Kolter Urban

Planned look and functionality at Elyse Buckhead's amenity terrace. Courtesy of Kolter Urban

New-construction condo living in central Buckhead remains a “rare opportunity,” as reflected in recent sales momentum, said Anne Schwall, senior vice president of developer advisory group at Atlanta Fine Homes Sotheby’s International Realty. 

“Buyers at this level are thoughtful and highly selective,” added Schwall in a statement, “so the pace of activity at Elyse Buckhead speaks to the strength of the offering.”

Condo options at Elyse Buckhead start right now at $992,000, which buys a 1,436-square-foot unit with one bedroom and two bathrooms. 

The priciest offering at the moment is a 4,032-square-foot sprawler on the penthouse-level 20th floor, with three bedrooms, five bathrooms, ceiling heights up to 12 feet, and three terraces facing every direction but north. That condo—the largest floorplan in the building—is asking just shy of $6.8 million. 

The Elyse condo tower, as designed by Rule Joy Trammel + Rubio architects, will include about 63,000 square feet of indoor and outdoor amenities. 

Perks that appear to be working for such discerning buyers include an elevated terrace, designed as a central gathering place, with a cabana-laden pool, outdoor lounges, an open-air kitchen, fire pit, and landscaped zones. 

Other onsite amenities will include a dog park and pickleball court, a sports lounge (with simulator), a screening theater, a private dining room with catering kitchen, and a fitness center with a movement studio, sauna, steam room, and cold plunge, per officials.   

Expected south views of Midtown and downtown from Elyse Buckhead's higher floors. Courtesy of Kolter Urban

The window-heavy "Vista Collection" floorplan. These range from 1,900 to just shy of 3,000 square feet. Elyse Buckhead/Kolter Urban

The Elyse location was formerly the longtime home of a small shopping center called Buckhead Plaza. Kolter Urban closed last year on the 3.3-acre site for $38 million. 

Elyse Buckhead’s delivery is scheduled for the fourth quarter of 2028 and first quarter of 2029, project reps have told Urbanize Atlanta. As with Kolter Urban’s other projects in the city, no retail is planned. 

A fourth condo high-rise venture near Piedmont Park in Midtown is in planning stages now. Dubbed “Fourteen Park,” that's scheduled to begin development late this year, per Kolter Urban. The full development team was revealed last week. 

Find more context and visuals in the gallery above. 

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