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Affordable High-Rise Living Coming To Downtown Atlanta

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Content provided by Elevator World. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Elevator World or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com AFFORDABLE HIGH-RISE LIVING COMING TO DOWNTOWN ATLANTA Banyan Street and Greystar Capital announced in April they have secured air rights and financing to build Ascent Peachtree, a 29-story, 345-apartment building atop an existing parking garage in downtown Atlanta, The Patch reports. With ground set to break in May, the development aims to help balance a downtown market that has approximately 154,000 daytime workers but only 13,000 housing units. Seventy units will be priced for residents earning 80% or less of the median income. The developers touted Ascent Peachtree's proximity to public transit, restaurants, retail and offices, including the adjacent office/retail property 191 Peachtree. The project is projected to create 150 new jobs and have a US$165-million impact on the city economy. Image credit: Banyan Street To read the full transcript of today's podcast, visit: elevatorworld.com/news Subscribe to the Podcast: iTune s│Google Play|SoundCloud│Stitcher│TuneIn
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1503 episodes

Artwork
iconShare
 
Manage episode 232464693 series 1080263
Content provided by Elevator World. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Elevator World or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com AFFORDABLE HIGH-RISE LIVING COMING TO DOWNTOWN ATLANTA Banyan Street and Greystar Capital announced in April they have secured air rights and financing to build Ascent Peachtree, a 29-story, 345-apartment building atop an existing parking garage in downtown Atlanta, The Patch reports. With ground set to break in May, the development aims to help balance a downtown market that has approximately 154,000 daytime workers but only 13,000 housing units. Seventy units will be priced for residents earning 80% or less of the median income. The developers touted Ascent Peachtree's proximity to public transit, restaurants, retail and offices, including the adjacent office/retail property 191 Peachtree. The project is projected to create 150 new jobs and have a US$165-million impact on the city economy. Image credit: Banyan Street To read the full transcript of today's podcast, visit: elevatorworld.com/news Subscribe to the Podcast: iTune s│Google Play|SoundCloud│Stitcher│TuneIn
  continue reading

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