ATLANTA-Colonnades Properties of New York is betting it will find an anchor by fall 2002 for a planned 10-story, 500,000-sf addition to its Downtown six-building, 2.55 million-sf Peachtree Center complex at 229 Peachtree St.

Fall 2002 is the expected completion date of Colonnades’ 11-story, 2,100 space parking garage that is being built at an estimated hard construction cost of $10,000 per space or $21 million, area construction industry estimators tell GlobeSt.com on condition of anonymity.

The office building will be constructed atop the parking deck. When completed, the garage and office building will have a total 21 levels.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.