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Don’t miss the High Style – High Rise, Atlanta Homes & Lifestyles’ high rise home tour benefiting The High Museum of Art. Located the 19th floor of the W Residences- Downtown, these six homes show off some fresh and innovative designs from Atlanta’s top designers and showrooms.

March 8 – April 1, 2012

Thursdays and Fridays noon-5:00 p.m.
Saturdays 11:00 a.m. – 5:00 p.m.
Sundays 1:00 p.m. – 5:00 p.m.

Tickets can be purchased online – $20

Click here for additional info

Exciting news for Peachtree Hills residents and a great addition to the ADAC community.  The Johnson Studio also did the design work for Ecco…one of my favorites!

 

 

Rathbun to open new restaurant

Atlanta Business Chronicle by Lisa R. Schoolcraft, Industry Focus Editor

Date: Tuesday, January 31, 2012, 3:38pm EST

Kevin Rathbun, owner of Rathbun’s, Krog Bar and Kevin Rathbun Steak, plans to open a fourth restaurant in metro Atlanta.

The new restaurant in Peachtree Hills will be called KR SteakBar with a menu of “small plate steak meets Italian fare.”

Rathbun is opening the restaurant, located in the ADAC West building at 349 Peachtree Hills Ave., with his wife, Melissa, and business partners Cliff Bramble and Kirk Parks.

“Sixteen years ago I was welcomed to Atlanta with overall warmth and I am happy to have found a great neighborhood for my next restaurant,” Rathbun said.

The Johnson Studio is designing KR SteakBar, which is expected to have 120 seats, a full bar and outdoor patio.

Rathbun expects to open the new restaurant in late summer.


Click link below to view SLIDESHOW:

http://www.bizjournals.com/atlanta/news/2012/01/03/slideshow-top-atlanta-home-sales-of.html?s=image_gallery

Atlanta Business Chronicle

Date: Tuesday, January 3, 2012, 10:04am EST

Last year was tough on anyone trying to sell a house or condo. Of the successful sellers, below is a list of the most expensive metro Atlanta house/condo sales of 2011. Click the photo on the right to launch a slideshow.

  • Le Reve, 2015 Trammel Road, Cumming, $9.5 Million
  • 2750 Habersham Road, Atlanta, $6.5 Million
  • 1325 Monte Carlo Drive, Atlanta, $5.5 Million
  • 3344 Peachtree Road, Atlanta, Sovereign, $5 Million
  • 330 Argonne Drive, Atlanta, $4,925,000
  • 3639 Tuxedo Road, Atlanta $3,857,500
  • 10 Valley Road, Atlanta, $3,725,000

This a great article explaining why Midtown is such a draw for law firms and design-based companies.  Between the restaurants and the nightlife, Midtown has so much to offer.

Midtown re-creates notion of an office market

The Midtown Experience

Premium content from Atlanta Business Chronicle by Martin Sinderman , Contributing Writer

Date: Friday, December 9, 2011, 12:06pm EST

Quality of life, available space, transportation access, energy and good vibes combine to make Midtown an attractive location for office-based businesses to take root and grow.

That and Midtown’s trend-setting embrace of newer workspace, work/life concepts that have lured businesses both traditional and futuristically creative.

According to data compiled by the Midtown Alliance on transactions 20,000 square feet and larger, there have been 34 leases, totaling nearly 2.2 million square feet, announced in Midtown office buildings during the past 24 months. Close to 820,000 square feet of these were new leases, with renewals, extensions, expansions, and combinations thereof accounting for the approximately 1.3 million remaining.

Size-wise, major new deals announced in 2011 have been led by a 150,000-square-foot lease by PricewaterhouseCoopers LLP in the 725,000-square-foot office component 1075 Peachtree, aka the second phase of 12th and Midtown. Meanwhile, SunTrust Banks Inc. announced that it would take 95,000 square feet in Campanile Plaza as part of its realignment of office space usage in Atlanta. Another bank deal came in third, with news of Regions Bank’s 80,000-square-foot move to One Atlantic Center.

And all that stuff you’ve been hearing about Midtown being a magnet for law firms is true.

A little more than 1 million square feet of the leases (and 14 of the 34 total deals) tracked by the Midtown Alliance over the past couple of years were announced by law firms. Half of these deals were renewals, expansions, and/ or extensions, including Alston & Bird LLP’s renewal/expansion to around 340,000 square feet at One Atlantic Center, and Kilpatrick Townsend & Stockton LLP’s 206,140-square-foot renewal at 1100 Peachtree.

Law firms or otherwise, businesses like to locate — and keep — their offices in Midtown, according to Shannon Powell, Midtown Alliance chief operating officer and executive vice president.

“They like Midtown and what this community has to offer,” Powell said. “With a Midtown location, they get to be in a 24/7 urban environment that is very walkable, very pedestrian- oriented, with the kind of vibe that is attractive to recruiting and retaining a creative, talented, upwardly mobile workforce.”

Tenant talk

When the Fisher & Phillips LLP law firm was mulling a move from Buckhead, Midtown was the consensus choice of all attorneys and staff members, according to Roger Quillen, a partner in the firm, which recently celebrated the anniversary of the 50,000-square-foot move of its Atlanta office to 1075 Peachtree.

“The feeling was that Midtown is really the heart of all the best things in Atlanta,” Quillen said. “With the pedestrian-friendly environment, arts scene, the theater district, the best restaurants, and Atlantic Station nearby, everybody felt that Midtown is where the energy is.”

Location plays a large role when it comes to recruiting and retaining top legal talent, according to Quillen.

“And since we moved to Midtown, there has been an increased sense of enthusiasm and excitement in the firm, particularly among our young lawyers,” he said. “We’ve been here for a year, and we still can’t get the smiles off our faces.”

Midtown is not just for lawyers, of course.

“When people in the creative, digital and social spaces move to Atlanta, they invariably end up in Midtown because it offers a combination of culture, business and diversity that communicates all there is to love about Atlanta,” said Mike Grindell, executive vice president and chief administrative officer of 22squared Inc., a longtime (22 years) Midtown-based business that recently renewed its lease at The Proscenium.

“Our clients and work demand people who are cool, creative and wickedly smart, and who have real lives, real interests and a fierce commitment to each other,” Grindell said. “The activity in Midtown — pedestrians, runners, diversity of people and activities, interesting places to dine out and have fun — infuses the area with an energy that serves as an inspiration for our people,” he said. “Our location lets creative talent know we value energy, creativity, sustainability and people.”

Midtown can also make sense from a real estate-occupancy perspective. For example, as part of continuing efforts to optimize usage of its real estate portfolio, telecom giant AT&T Inc. will be relocating approximately 1,200 employees from Alpharetta to Midtown this year, according to Emily J. Edmonds, director of AT&T’s strategic communications. They will all be going to the iconic AT&T Tower, the 1.8 million-square-foot building at 675 West Peachtree St.

An investment perspective

Midtown’s numerous qualities also make it an attractive venue for real estate investment, notes Larry Gellerstedt, president and CEO of Cousins Properties Inc.

The Atlanta-based REIT recently purchased the 38-story, 774,000-square-foot Midtown office tower Promenade II for $134.7 million. It also owns the 260,000-square-foot 10 Peachtree Place office building, where AGL Resources Inc. renewed its lease for the entire building earlier this year.

“We are a big believer in the Midtown market,” said Gellerstedt, a Midtown resident who is also chairman of the board of the Midtown Alliance.

“Midtown has great accessibility via the interstate highway and MARTA,” he said, “as well as quality-of-life assets, like Woodruff Arts Center and Piedmont Park, that give it great character.”

As the hub of Atlanta’s legal industry, and with its expanding residential base and steadily growing number of office employees, Midtown has a lot of things going for it, said Gellerstedt. And with the Promenade deal, “We’ve got a great tower in a great location in a great submarket that will attract some great tenants in the future.”

Featured Home:Absolutely Flawless Historic Brookwood Three Level Brick Retreat.

This completely renovated home is an exceptional masterpiece with the historic details intact. A stately wood staircase transcends the grand two story foyer accented with a lovely chandelier.

FoyerFoyer

Suffused with natural light, the open and spacious living room is anchored by the original fireplace as well as built-in display cabinets.

Have your guests take a seat at the enormous breakfast bar of your upscale kitchen with custom cabinets, crisp marble countertops, stainless steel appliances, and vent hood with pot filler. Bring the party through the French doors and out onto the large deck for fine outdoor living.

Living RoomLiving Room

Adjacent to the kitchen is the cozy keeping room—the spot for a peaceful cup of coffee while you read through the Sunday paper.

Keep the wine chilled in the discreet Butler’s Pantry with ample cabinet space as well as  the wine refrigerator.

Large dinner parties are no match for this spacious and charming formal dining room with plenty of natural light.

Need more sunlight? Then you have your choice of any of the three sunrooms. Uniquely patterned with pale blue to navy and tan to brown flat stones and framed by walls of windows, these rooms are a sun lover’s dreams come true. The master suite’s sunroom is a wonderful location for a writer’s or an artist’s nook.

Master BathMaster Bath

Retreat to the luxury of the large master suite complete with fireplace and spacious multi-closeted dressing room. The elegant master bath is surrounded by classic carrera marble tiling and features a deep soaking bathtub.

TerraceTerrace

The terrace level includes a full bathroom, laundry and mud room, sunroom, access to the backyard, and plenty of space waiting to have a designation. You could make it into an in-law suite, private office, or fitness room.

4 Bedrooms, 3 Bedrooms and 1 Half Bathroom

Offered at $995,000

56 26th Street NW
Atlanta, GA 30309-2005

 

If Atlanta is ever going to be a great city, we have to improve it’s infrastructure to tie all of our unique neighborhoods together.  I’ve been on the Beltline tour and driven the entire circle around the city so I know how great this can be.  I also know it’s going to be a lot of work.  If you’re invested at all in Atlanta, this video is worth 15 minutes of your time…very interesting.

 

Two New Midtown Listings!

Visit www.teamellis.biz/FeaturedHomes for additional photos.

276 9th Street – Midtown, Atlanta – $1,185,000

788 Argonne Avenue – Midtown, Atlanta – $675,000

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