Landmark Properties and CityLife Development Partners have purchased a 1.1-acre site at Spring and 10th streets in Midtown to build a 28-story mixed-use student housing development.
At 425,000 square feet, The Mark at Atlanta will feature over 780 beds, 281 apartments and more than 7,000 square feet of commercial space. Scheduled completion is August 2020.
Landmark Properties entered the Atlanta market for the first time last year when the developer announced The Standard at Atlanta, a 19-story, 765-bed mixed-use development bound by Spring, 3rd and 4th streets. Pre-leasing is already underway for The Standard, and it is scheduled for completion by the beginning of the 2018 fall semester.
“We’ve seen strong demand and excitement in Atlanta since announcing The Standard last year,” Landmark Properties President and CEO Wes Rogers said. “That momentum led us to explore additional opportunities to bring more high-quality housing options to college students and young professionals in the Midtown area.”
Amenities at The Mark will include an on-site parking garage, a rooftop pool and hot tub, fitness center, yoga room, bike storage center, clubhouse, study lounges, computer lab, golf simulator, sky lounge with adjoining outdoor terrace, sauna and tanning beds.
The fully-furnished apartments will feature 1, 2, 3, 4, 5 and 6-bedroom floorplan options, quartz countertops in the kitchen and bathrooms, stainless steel appliances, washers and dryers, high-speed internet and secure controlled access.
“We believe The Mark at Atlanta will offer one of the best locations, college living environments and amenity packages in the Midtown market,” Rogers said. “We look forward to breaking ground next year and welcoming students and young professionals to their new homes in August 2020.”