A mixed-use tower proposal that would replace a vacant lot in Buckhead Village is one step closer to breaking ground.
Buckhead’s SPI-9 Development Review Committee generally applauded plans at its May meeting by Harbor Bay Ventures, a real estate investment and development firm based in suburban Chicago, for a 20-story residential building that would rise at 359 East Paces Ferry Road. The site in question is across the street from the adaptive-reuse Kimpton Sylvan hotel.
DRC members green-lighted Harbor Bay’s plans to advance to the City of Atlanta but recommended developers include art murals on the south and east portions of the tower along Buckhead Avenue, to boost the area’s pedestrian experience. Project reps also ensured the DRC that concerns about vehicle traffic loading and unloading along that avenue will be mitigated by measures such as new lighting and convex mirrors.
Harbor Bay’s plans for constructing the building with mass timber, including composting areas for future residents, as well as low-flow toilets, were applauded by the DRC.
The 516,160-square-foot project is expected to include 314 multifamily units and a smattering of retail space at street level.
The 1-acre site on East Paces Ferry Road, as it relates to greater Buckhead. Harbor Bay Ventures
Plans for the East Paces Ferry Road facade. Harbor Bay Ventures; designs, HPA
The East Paces Ferry building will top out at 225 feet tall—the maximum height allowed for the Buckhead Village district, per Harbor Bay’s plans. In addition to stacked multifamily units, four townhomes would be blended into the base level along Grandview Avenue.
At one corner (East Paces Ferry and Grandview Avenue), plans call for a 2,400-square-foot coffee shop space with a patio and adjacent greenspace. The building will also include 36 bike-parking spaces.
Property records indicate the site—formerly home to a low-rise office building—spans just shy of 1 acre. (Find a breakdown of what’s planned to replace the parking lot in the gallery above.)
It’s not the only relatively tall proposal from out-of-town developers in the area.
The East Paces Ferry building would join a 21-story tower in the works from New York-based Tidal Real Estate Partners about a block away, to the south; that project expects to transform a Pharr Road block and deliver in 2025.
A few blocks west, Dezhu US is angling to build a 17-story venture with for-sale condos.
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