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AAC – Midtown Symphony Center Development – Georgia - Project Profile

AAC – Midtown Symphony Center Development – Georgia - Project Profile

Synopsis

"AAC – Midtown Symphony Center Development – Georgia - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "AAC – Midtown Symphony Center Development – Georgia - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Ashkenazy Acquisition Corporation (AAC) is planning to undertake the mixed-use development project in Georgia, the US.

The project involves the construction of a mixed-use community on 1.82ha area which will be developed in phases.

The project includes the construction of three towers.

Tower I includes the construction of a 38-story tower with 500 residential units and 3,344m2 retail space.

Tower II includes the construction of a 57-story tower comprising 500 residential units and 3,252m2 retail space.

Tower III known as No. 2 Opus Place, includes the construction of a 53-story tower with 232 luxury condominiums and 5,608m2 retail space.

The project also includes the construction restaurants, 1,500 parking spaces and other related facilities.

Perkins + Will has been appointed as architect for the project.

Berkshire Hathaway Home Services has been appointed as the marketing consultant and Sunshine Select Worldwide as design consultant for Tower III.

On February 5, 2014, project plans were formally filed with Atlanta City Council and got approval on April 29, 2014.

In the second quarter of 2014, AAC acquired 1.6ha area of land by paying US$22 million to develop one of the three residential towers of the project.

In October 2016, AAC filed a land-disturbance permit application to the planning and community development office (PCDO).

In February 2017, AAC revised the scope of Tower III from 74-story to a 53-story condominium building without a hotel component.

Construction of the No. 2 Opus Place is expected to commence in the fourth quarter of 2017 and expected to be completed in 2019.

Scope

The project involves the construction of a three mixed-use towers on 1.82ha area at 98, 14th Street in Midtown, Atlanta, Georgia, the US.

The US$650 million project includes the following:

1. Construction of a 38-story tower with 500 residential units and 3,344m2 retail space

2. Construction of 57-story tower with 500 residential units and 3,252m2 retail space

3. Construction of 53-story luxury condos with 232 luxury condominiums and 5,608m2 retail space

4. Construction of restaurants

5. Construction of 1,500 parking spaces

6. Installation of elevators

7. Installation of safety systems

8. Construction of other related facilitiesReasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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