Atlanta Condos For Sale

Accenture to Add 800 Midtown Jobs at Tech Square’s Centergy Building

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We often wonder who will occupy all these new apartments coming into the Midtown Atlanta area. Ahhh….here is one clue!

Accenture to Add 800 Midtown Jobs at Tech Square’s Centergy Building

Accenture GATech SquareAccenture, a professional service company is planning a major expansion in Midtown…that will add some 800 jobs! The addition will happen in Tech Square’s Centergy building, where Accenture will add some 40,000 sq. ft. to their existing 33,000 square feet. 

Part of the expansion — which will make the company the largest tenant in the 14-story tower — is the opening of a 30,000 sq.ft. “innovation hub.” The company has indicated they want to open 10 such centers by 2020.

The Atlanta innovation center will focus on programs like web and application development along with other IT services. 

Employees of Accenture will have numerous housing options to consider! From several new luxury apartment towers to existing condominium buildings like Viewpoint, Spire or Plaza Midtown…all within in easy walking distance of Tech Square and the Centergy building. 

If you are an employee, and need help finding a new home here in Midtown Atlanta for your new position at Accenture, give us a call. Or complete the form below and will be in touch with you as soon as possible. We look forward to making your move to Midtown Atlanta as easy as possible!

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Beware of CyberFraud in Real Estate

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CyberFraud in Real EstateIt’s a strange, and sometimes kinda sad world we live in these days. Seems like everyone is out to get you, or your stuff, or your identity anyway they can. And now you have to beware of CyberFraud.

You have to be careful in keeping your home and car locked. Watch where you sign on to the Internet and what personal info you do while in the unprotected environment. (I can’t imagine using some city-wide wi-fi and doing some banking transactions…..shreek!) 

Well, the fraud gig has found its way to a part of the real estate transaction. The MOST important part of it…and that would be the money part! In Georgia, our closings are coordinated through a closing attorney. They complete all the necessary paperwork, but they represent the LENDER that requires all those documents to be signed. And part of this process, is the wiring of funds for the closing. This is mostly on the Buyer side of the closing, but there can be times when the Seller would have to wire funds as well. Well, now, there seems to be a chance that your funds for closing could end up in the wrong hands! 

When you are getting ready for the closing, you will get communication from the closing attorney regarding the wiring of your funds to their account. You will never get that request from myself, or my real estate brokerage. This will always come from the attorney’s office. 

That said, we offer up this caution regarding Cyber Fraud:

 

Beware of Cyber Fraud.

Fake e-mails attempting to get you to wire money to criminal computer hackers are increasingly common in real estate transactions. Under this scam, computer hackers fraudulently assume the online identity of the actual mortgage lender, closing attorney and/or real estate broker with whom you are working in the real estate transaction. Posing as a legitimate company, they then direct you to wire money to them. In many cases, the fake e-mail is sent from what appears to be the authentic web page of the legitimate company responsible for sending the wiring instructions.

You should use great caution in wiring funds based solely on wiring instructions sent to you by e-mail. Independently verifying the wiring instructions with someone from the company sending them is the best way to prevent fraud. In particular, you should treat as highly suspect any follow up e-mails you receive from a mortgage lender, closing attorney and/or real estate broker directing you to wire funds to a revised account number. Never verify wiring instructions by calling a telephone number provided along with a second set of wiring instructions since you may end up receiving a fake verification from the computer hackers trying to steal your money. Independently look up the telephone number of the company who is supposed to be sending you the wiring instructions to make sure you have the right one.

 

So, as the info suggests, when you get a request to wire funds, search out the firm separate from the info provided in the email. Then call, and confirm the wiring information. 

You just have to watch out for the bad guys. They can be anywhere!

AC/Moxy Hotel Midtown Atlanta Starts Vertical Climb

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Well gasp! Not EVERY crane in Midtown Atlanta is a rental apartment building. (Mind you that is probably 75-80% of them!) One of those cranes is on 14th Street and belongs to the AC/Moxy Hotel Midtown Atlanta! 

AC/Moxy Hotel Midtown Atlanta Starts Vertical Climb

Marriott AC Moxy Hotel Midtown AtlantaI think I missed getting photos of this parking lot before the construction started on the parking lot between the Four Seasons and the Marriott Suites hotel. But as Curbed Atlanta has reported, we are starting to see columns rise as this hotel gets under way! This unique hotel combo concept is being developed by Noble Investment Group and is a $70 million project!

As reported in the Atlanta Business Chronicle, this will be the first ever combination of the two hotels. The AC Hotel is a contemporary European-inspired property while Moxy is aimed at the Millennial traveler with lower priced rooms and smaller in size. AC will have 155 rooms and Moxy will be 133. 

Look to see guests checking into this cool space sometime in 2018. 

The hotels will share an amenity deck with a rooftop pool and bar! (I like the sounds of that…’cept for the hotel bar pricing?) Maybe it will be a new hot spot in Midtown! 

You can learn more about Moxy Hotels HERE! And you can see the long list of properties scheduled to open, including locations like Minneapolis, Denver, Nashville and Washington, DC…just to name a few!

Check out more information about AC Hotels HERE! Lots of locations in the U.S. including Phipps Plaza Buckhead and Downtown Atlanta for a local view. (Reminds me…I need to pop into one of these and do a follow up report, don’t I?)

Midtown to Add New Art Experiences

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Midtown to Add New Art ExperiencesYou have to love a neighborhood/community like Midtown! Always something about something, and new things coming for all angles. Now, let’s look a Midtown to Add New Art Experiences….

Spinning Rock to Spin Out of Town

The big spinning rock at the corner of 10th and Peachtree is about to make it’s exit to head Out West! For the last three years, the corner  has been a constant source of curiosity and amusement for all who discovered the 22,000 pound boulder that spins with a push. A new sculpture will arrive in June….no indication of what it will be…but it too will have a 3-year residency. 

Colony Square and the Creative Hive Experience

Leave it to North American Properties and it’s leader (Midtown resident Mark Toro) to take a space and shake it up! I’ve often thought that the Food/Retail Court of that building was so underused. Of course, we know that North American Properties has big plans for a remake of this iconic Midtown space. But until then, enter The artist community Hambidge Center.

Colony Square and Hambidge are providing artists twelve empty retail spaces to turn into art studios and performance spaces. Totally awesome!!!! Check out their website for what’s coming to this space!  

New Stuff at Arts Center Porch

Last year, Midtown Alliance worked in collaboration with the High Museum of Art, their artist-in-residence Jaime Hayon and MARTA to enhance its plaza-turned-“Porch” at Arts Center Station. Through the partnership, Midtown Alliance commissioned site-specific art inspired by exhibit “Tiovivo”, and added a public piano, seating, additional lighting, a bike repair station and Little Free Libraries. Building on The Porch’s success, Midtown Alliance is working again with the High Museum to bring Hayon’s new “Merry Go Zoo” piazza installation from The Woodruff Arts Center campus to Arts Center Station. Hayon is creating a custom, interactive “Shadowmaker” sculpture, featuring a bench base and topped with a hooded figure holding an umbrella-like shade. The sculpture will be installed in June, providing a whimsical focal point in the plaza as well as more seating and shade. Check here for updates on the new installation + events throughout the summer that will be hosted at “The Porch.”

(This paragraph is directly from the Midtown Alliance)

Come on out and see what Midtown is all about….and if you’d like to call Midtown Atlanta home…..

What Is Midtown Atlanta?

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Condos For Sale Midtown Atlanta
Midtown Atlanta Keeps Growing

If your are from the Atlanta area, the chance is better than not, you have been to Midtown Atlanta. Between a festival like the Dogwood Festival, or Music Midtown, a play at the Fox Theater, or an exhibition at the High Museum…all of that is…and happens in Midtown Atlanta. So What Is Midtown Atlanta?

Many years ago, as I was building this website, I was trying to create my own vision of what I thought Midtown was. Why did I love it so much? And love selling condominiums in Midtown? I was actually in Montana when I wrote this…

It’s an elevator ride from home to the street.

It’s waking up with sun streaming in your picture windows

It’s coffee on your balcony as the city wakes up below

It’s lunch at a sidewalk bistro with your OTP friends

It’s a walk to the market for those last minute dinner provisions

It’s dinner with friends and a good bottle of wine

It’s sampling a different restaurant every night of the week.

What Is Midtown Atlanta?

It’s a night of cocktails and conversation in the night life scene

It’s a dramatic sunset across the horizon.

It’s an elevator ride from the street to home. –Thom Abbott

Come explore Midtown Atlanta and find YOUR Midtown Mojo!!!

Not too bad, eh? 

But, I can always count on my friends at The Midtown Alliance to sum it up a bit better. (Well, they have a bigger marketing budget than I do! LOL!) 

 

CODA Building Breaks Ground in Midtown Atlanta

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Coda Technology Square Midtown AtlantaGeorgia Tech and Portman have broken ground on an exciting new addition to the GATech campus, particularly Tech Square and Midtown Atlanta. A forgotten corner at 4th and Spring Streets will eventually be home to the new high performance computing center. 

The building will be 21-stories, and is incorporating the historic Crum & Forester Building that stands on the corner of Armstead Place and Spring Street. The name was shortened from the High Performance Computing Center to Coda. The developer hopes to finish the building in 2019.

Plans call for the building to be home to some 2,400 workers, including Tech researchers as well as staff and employees from private sector firms. The project is estimated to cost $375 million. 

This section of Spring Street is finally seeing some changes after having been in the shadows of the rest of Midtown Atlanta. Across the street from Coda, is a new student housing building going up that is being built by developer Selig Enterprises. The GATech Hotel and Conference Center is just across Spring Street.

The entire complex will total about 1 million square feet. About 750,000 square feet will be office, retail and data center space. Georgia Tech will occupy and lease from Portman, who will own the tower, about half of the office floor space, while the rest will be leased to major companies and startups.

CODA Breaks Ground at Tech Square

Here is a short video from the Ground Breaking event in December, 2016. 

 

 

There are certainly many living options nearby Coda for people looking to live in Midtown Atlanta that will be working in this building. Obviously it’s a couple years from delivery, but we will we watching and waiting to help new employees find place to live in Midtown Atlanta near Coda. 

Thom Abbott

Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office

 
 
 
 
 
 
 
 
 
 

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