Friday, November 26, 2010

Ritz-Carlton Residences slated for 3630 Peachtree tower - Atlanta Business Chronicle:

http://mixtapecollective.org/mixtape/?mix=1539
3630 Peachtree, a mixed-use 34-story tower that includeds residential, retail and office, is branding the residentialk portion of the project to be thefirsgt Ritz-Carlton Residences in Atlanta. Announced toda by residential development partnersand , Ritz-Carlto n Residences Atlanta Buckhead will have 129 luxury units and sevenh penthouses. Price points will range from $600,00o0 for the smallest unit, at 995 square feet, to more than $2 milliohn for the 3,000-square-foot penthouse. "As you can the standards of the Ritz-Carlton are very high," said Jim CEO of Novare, one of the major condominiukm developers inmetro Atlanta.
It took some time to convertf the project, which was already undet construction, to meet the Ritz-Carlton standards. That included upgrading to wood floorss andupgrading cabinets, he said. The firsft 17 floors will remain office and retail Borders said. The 18th and 19th floors will be theamenitiezs deck, which will include two guestf suites for residents having guests, he said. Residentas will also have acceswto housekeeping, personal room service, porter service and concierge service, Bordersx said. Borders expects the building will "top with final vertical construction in November and open in A sales center in Monarcy Tower is expected to openthis fall, he said.
"Thisa is a very big milestone" in the work that has been done tocreatre 3630, said Dave Stockert, CEO of Atlanta-based Post Properties Inc. PPS). The Ritz-Carlton's flagship Buckhead location is just a few blocks soutg ofthe Ritz-Carlton Residences Atlanta Buckhead.

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