Days appear to be numbered for a shopping center tucked a block off Peachtree Road as another stack of for-sale Buckhead condos moves through the development process.
Florida-based developer Kolter Urban has set sights on another Buckhead parcel to build the still-rare housing type for post-recession Atlanta at 102 W. Paces Ferry Road, a location easily walkable to some of the subdistrict's most attractive shopping and restaurants.
Kolter Urban has filed plans—and fresh renderings for the 19-story project—with Buckhead’s SPI-9 Development Review Committee ahead of the board’s monthly meeting Wednesday.
The West Paces Ferry Road site is currently home to a small shopping center called Buckhead Plaza, which Kolter Urban hopes to demolish soon to start building 198 condos and parking, according to a DRC agenda.
The developer will be seeking variances regarding the relationship of the condo tower to the street and its maximum setback, per the DRC.
Renderings compiled by Atlanta-based RJTR architecture firm indicate the building will have a stair-stepped design with balconies jutting off each facade and a tall, glassy base level at the street. Designs call for floorplans with between one and three bedrooms.
Retail has not been mentioned in design plans to date. None was included in the main buildings of Kolter Urban's earlier Atlanta projects, either.
Situated next door to the St. Regis Atlanta hotel and condos, the property was previously targeted for a massive, multi-tower development with a hotel and more than 300 residential units that never took off.
For Kolter Urban, the project would mark its third high-rise in Atlanta to move forward since the COVID-19 pandemic, joining the 18-story contract magnet that is Dillon Buckhead, and the sold-out, 22-story Graydon project.
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