The residential plug-in

It’s called The Manhattan, a 27-story condominium tower that developers think foreshadows residential development in the Central Perimeter area in coming years.

Southeast Capital Partners Inc. is building the 222-unit high-rise as part of Perimeter Place, the massive mixed-use project by The Sembler Co. across from Perimeter Mall…

With two mixed-use projects in the works, The Griffin Co. is bullish on the Central Perimeter.

“It’s always been a great office market but underserved residentially compared to everywhere else,” said Senior Vice President Kirk Demetrops. “People want to live close to where they work. Mixed-use is a way to underwrite these projects because you can deliver some parts now and wait on others…”

Originally Published in the Atlanta Business Chronicle.
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