A portion of a Midtown city block that includes well-known modernist architect I.M/ Pei will be getting some new construction…..you guessed….MORE apartments!
A portion of a Midtown city block that includes well-known modernist architect I.M. Pei’s first office building in Atlanta is set to become a large mixed-use development.
A joint venture between real estate investment company Sereo Group Inc. and developer Faison Enterprises recently bought the 2.5-acre site bounded by Ponce de Leon Avenue, North Avenue, Piedmont Avenue and Juniper Street for $6.5 million. The partners are focusing on urban infill redevelopment sites in Southeast cities.
The developers have submitted plans to the Midtown Development Review Committee for a mixed-use project that will include 321 apartments and 8,600 square feet of retail space. It will be called 131 Ponce de Leon Ave.
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