A boutique residential project by TV host and carpenter Ty Pennington that’s said to be unlike anything else around downtown Atlanta is almost ready for its closeup.

A private launch party is scheduled Friday to showcase The Otis Building, an eight-loft development by Pennington on Castleberry Hill’s Walker Street that’s been in the works for several years.

Pennington, an ATL native and graduate of Atlanta College of Art, is best known for his work on the original Trading Spaces and ABC’s Extreme Makeover: Home Edition. He also heads Pennington Properties, which broke ground on the three-story, infill condo project in 2019.

The Otis features two “luxury” retail slots—one’s 890 square feet, the other’s 1,111 square feet—at street level, with eight condos above.

The Otis facade in a rendering. The Otis Building; designs, Dillman Studio

Topped with a roof deck and designed by Castleberry Hill firm Dillman Studio, The Otis is named for an elevator manufacturer that once operated on the site. The preserved façade still carries the company’s logo.

“Under the thoughtful tutelage of Ty Pennington,” reads the marketing spiel, “the property is being fashioned into what the new building and its rich history will be tomorrow.”

The building’s perks include gated parking, private-floor elevator access, and grilling and seating areas with skyline views on the rooftop deck.

The lofts come with JennAir appliances, marble or quartz countertops, and overall designs described as “sophisticated” and “embracing Castleberry expressions.” They range between roughly 1,100 and 2,750 square feet.

As seen under construction last summer, the two floors of condos stand above two 154 Walker Street retail spaces that will be sold, per the development team. Josh Green/Urbanize Atlanta

Pennington has a connection with Castleberry Hill properties that dates back to renovations he tackled with his brother prior to the 1996 Centennial Olympic Games in Atlanta, when the neighborhood’s abandoned warehouses initially experienced a residential resurgence. Plans for a Pennington-led condo development in the neighborhood first emerged back in 2018.  

In an interview last year, a project rep told Urbanize Atlanta that Otis condos will be priced from the $500,000s to north of $1 million. We’ve asked for updated pricing and will post that info if it comes before Friday’s launch. (Any guesses, in the meantime?)

For now, here’s a look at the building’s four levels of floorplans:  

Plans for The Otis' ground-floor retail and loft mix. The Otis Building; designs, Dillman Studio


The Otis Building; designs, Dillman Studio


The Otis Building; designs, Dillman Studio


Plans for the rooftop amenities. The Otis Building; designs, Dillman Studio

Recent Castleberry Hill coverage, discussion (Urbanize Atlanta)