EXCLUSIVE: Midtown Mixed-Use High-Rise, One Of Several Multifamily Developments Underway, To Hit Highest Point This Week

At least one unbuilt development in the area south of downtown has been approved and pending for years. Developer Asi Cymbal paid $11.2 million for a six-acre development site in 2012 and got city approval in 2013 to build as many as 856 apartments in a high-rise called Marina Lofts.

But I would consider that commercial development more than multi-family." While many corporations are building offices north of downtown in midtown Atlanta and the trendy Buckhead neighborhood, several large projects are underway downtown. W Hotels is building one of the first high-rise hotels in downtown Atlanta since the 1970s.

In late 1998, Atlanta-based Jacoby Development Inc. signed letters of intent with several partners to redevelop the former steel mill property as a mixed-use development with residential, office.

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On the border of Downtown Brooklyn and Boerum Hill, a two-tower mixed-use development called 80 Flatbush was approved in the fall of 2018, and one of its towers will stand at 840 feet. Also under construction in Downtown Brooklyn is a supertall tower at 9 Dekalb Avenue, which will be 1,066 feet tall.

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“I don’t know where to begin.” SL Green had a banner year. It announced plans for One Madison Avenue, it took over the leasehold for 2 herald square,it churned out leases at One Vanderbilt and it even dipped into affordable housing.

2850 Fannin, a high-rise in Midtown, will top out later this week. Plus, five other large multifamily developments currently under construction in Houston.

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