The Crane Watch development tracker takes us this week to the streets of Buckhead (not that Streets of Buckhead), where vertical construction is making real progress along East Paces Ferry Road on a project that’s been more than half a decade in the making.  

After razing a low-rise commercial building and condo complex last year, Chicago-based CA Ventures is remaking a corner site in Buckhead Village for its next Atlanta high-rise at 340 East Paces Ferry Road.

Plans call for a 22-story building containing 483 luxury apartments, with amenities placed on the 10th floor and a valet-style drop-off area for residents below. The project has risen about 1/3 of its eventual height today.  

The site is immediately west of the Kimpton Sylvan hotel at the corner of East Paces Ferry Road and Grandview Avenue, about a block northeast of the Buckhead Village retail and dining district.

Where the 22-story building's retail is expected to meet East Paces Ferry. Josh Green/Urbanize Atlanta

View along Grandview Avenue, with Peachtree Road at left. Submitted/YouTube

According to architectural plans submitted back in 2019, the building will top out at 225 feet, the maximum height allowed in the village.

CA Ventures initially brought blueprints before Buckhead design review committees in 2018 for an upscale complex at the northeast corner of East Paces Ferry Road and Grandview Avenue, before years of delays ensued.

In the meantime, the company completed two towers in Midtown, the 903 Peachtree luxury apartments and HERE Atlanta student housing building.

Also in the works is 17,000 square feet of retail space along East Paces Ferry Road, according to the project’s designers, Atlanta architecture firm Niles Bolton Associates. One unique component is more than 100 parking spaces for electric vehicles in the building, including some specially designed and reserved for Tesla models, per the architecture firm.

Broader view of the project's positioning at East Paces Ferry Road and Grandview Avenue, where two smaller buildings previously stood. Josh Green/Urbanize Atlanta

The tower's planned retail component along East Paces Ferry Road. Niles Bolton Associates

Directly across East Paces Ferry Road, another company based in greater Chicago, Harbor Bay Ventures, advanced plans last year for an eye-catching, 20-story mixed-use tower that would be partially constructed of mass timber.

As a site visit proved this week, that fenced-off property is still being used as surface parking, with no signs of active construction. That's also the case with other high-rise proposals in nearby blocks.

Find updated construction pics and more context for the 340 East Paces Ferry Road project in the gallery above.

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