A boutique condo venture billed as being like nothing Alpharetta has ever seen is marching toward groundbreaking.
Marketed as the “premier living experience” in Alpharetta's increasingly upscale downtown, to be located on the north Fulton County city’s “most desirable lot,” the 92 Thompson project is aiming to meld unique design with walkability and exclusivity—and no shortage of interior square footage. For a price.
In fact, the smallest condo options at 92 Thompson (named for the street, on two lots currently occupied by older homes) will span more than 4,000 square feet.
Alpharetta’s main multi-use trail, the AlphaLoop, snakes just behind the property. Using that path, it’s .4 miles to Alpharetta City Center’s Town Green in one direction—or .8 miles to Avalon in the other.
The five-unit project is being put together by a small team of investors, designers, and real estate developers that includes Atlanta-based Terminus Design Group, the firm behind an affordable housing venture in Reynoldstown that could hardly be more dissimilar.
Project architect Neil Waddle, a Terminus Design Group principal, says 92 Thompson has received its rezoning for multifamily uses and was approved by Alpharetta’s Design Review Board over the past couple of weeks.
The exterior nods to Tudor design, with pitched gables meant to give the impression it stands two stories and not three. Concepts for interiors lean more toward a modern midcentury vibe, though the resident elevator lobby is gunning for a traditional luxury look and feel.
Above a basement with 20 parking spaces, the building will see two three-bedroom units on each floor spanning just over 4,000 square feet each—with the option to combine them. Another 600 to 1,200 square feet of outdoor living space comes with each condo.
With a whopping 8,000 square feet, the penthouse consuming the entire third floor has already been claimed—by one of the investors, who plans to make it his family’s personal residence, according to Waddle.
Each of these mondo condos comes with private elevator access—and at least four parking spaces.
That much centrally located space in the other A-town, of course, won’t exactly qualify as affordable housing.
The four non-penthouse options will be finished to a “white box” level and sold from $2.5 million. Waddle estimates buyers can expect to spend another $1 million on finishes and furnishings.
The goal, says Waddle, is to break ground on 92 Thompson this summer. Head up to the gallery for a closer look.
Follow us on social media:
• Alpharetta news, discussion (Urbanize Atlanta)