The project, “Medley,” is a major component of Johns Creek’s new town center, which will be anchored by City Hall and encompass 192 acres of new housing, restaurants, retail and offices.
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The nonprofit-led project will be equidistant between Atlanta and Athens and seek to capitalize on the talent pool provided by the University of Georgia and Atlanta’s numerous higher-learning institutions, similar to North Carolina’s Research Triangle Park.
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The city’s plans for the 41-story skyscraper, which it is buying from the state for $39 million, include the creation of “dedicated and deeply affordable housing.”
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Related Development has proposed a mixed-use project that would take advantage of Children’s Healthcare of Atlanta’s nearby billion-dollar expansion.
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Peebles Corp.’s development plan calls for 495 apartments, office and workshare facilities, retail, hotel rooms and more than an acre of open space.
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The head of the Atlanta Preservation Center reportedly said the L-shaped tower would “besiege” an adjacent historic apartment building.
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The development is the first to take advantage of Johns Creek’s new TC-X mixed-use ordinance, which was enacted to facilitate the development of the city’s 192-acre Town Center Vision and Plan.
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The Westside land purchased by the Allen Morris Co. is surrounded by areas of future development, including Microsoft’s planned campus at Quarry Yards.
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The new phase will also add a four-story mass timber-loft office building to the mixed-use Atlanta real estate development.
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The decade-long plan calls for the construction of dozens of new townhomes and almost 1,000 apartments, as well as hundreds of thousands of square feet of retail and office space and a 150-room hotel.
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