Search
 

One Alliance Center Opens Oct. 23 at 70% Occupancy

ATLANTA-The 20-story, 560,000-sf tower in the affluent Buckhead district of Downtown is the first of four office structures totaling 1.5 million sf being developed by Toronto-based TrizecHahn Corp. in a $100 million urban setting that will also comprise a residential component.

By Alex Finkelstein | Updated on October 16, 2001

ATLANTA-Toronto-based TrizecHahn Corp. unveils the 20-story, 560,000-sf One Alliance Center in the affluent Downtown district of Buckhead on Oct. 23. The building is 70% leased at estimated average asking rents of $26 per sf.

One Alliance Center is the first of four office structures totaling 1.5 million sf the Canadian developer plans in an urban setting that will also comprise a residential component and a 10-level, 1,500-car parking garage. The garage can be expanded to accommodate 4,200 vehicles. TrizecHahn projects the entire development’s estimated cost at $100 million.

In a prepared statement, TrizecHahn president/CEO Christopher Mackenzie says One Alliance Center is the only major office development delivered in Buckhead this year. “It is likely to be the only one in the foreseeable future because of infrastructure limitations,” Mackenzie says.

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.