Luxury homebuilder Toll Brothers has proposed a combination development that would feature one tower for student housing and another for market rate apartments.
According to a report from Midtown Alliance, the Midtown Development Review Committee (DRC) got its first look at the project at its July 16 meeting.
The property is at 1081 West Peachtree Street, but would also front Spring Street as well just behind the Hanover West Peachtree complex. A 22-story tower would offer 205 units of student housing, while a second 27-story tower would feature 385 apartments. Both towers would have street level retail/restaurant space – roughly 8,000 square feet total. The towers would share an 8-level parking deck with approximately 712 spaces.
The site plan includes a new private street on the southern edge of the property, which would allows for service and loading to be handled internal to the site.
The DRC recommended the addition of continuous sidewalk, accommodations for ride-share passenger drop-off and short-term parking, and adequate screening of the parking garage to block it from the residents in the Hanover building.
The design of the towers is still in process and the committee requested more specificity about exterior building materials and details related to the balconies and window openings.
While no variations were requested, the committee withheld full support until additional information is provided by the developer.