Crane Watch Update: Colony Square, North Place, 1105 West Peachtree

A new year kicks off with several big projects entering the planning and development pipeline — from the far northern Atlanta suburbs to Midtown.   Atlanta Business Chronicle is keeping track of the latest with its interactive feature Crane Watch, a map of all the new projects on your skyline and in your neighborhoods. See the updated Crane Watch map here.   In Sandy Springs, Childress Klein and MidCity Real Estate Partners recently formed a joint venture on a 3.7-acre property at Barfield Road and Mount Vernon Highway. The project is called NorthPlace.   Click here to view the original article in the Atlanta Business Chronicle.   ...

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MidCity, South City Pursuing Tax Abatement For Alpharetta Project

Developers for the mixed-use phase of Alpharetta’s City Center project are pursuing more than $70M in bond financing to get started.   Under the moniker MMS Alpharetta, the JV team of MidCity Real Estate Partners, South City Partners and Morris & Fellows is slated to develop three mixed-use buildings and a handful of freestanding restaurants in the 25-acre master planned Alpharetta City Center.   Now, $72.5M in revenue bonds are set to be approved, which will translate into property tax breaks for the developers over the course of a decade. They would fund a mix of office, apartments, retail and restaurant spaces, according to documents filed in Fulton Superior Court.   Click here to view the original article in the Bisnow...

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Alpharetta City Center on tap for downtown

In February 2015, with input from a variety of planning and development partners, the city of Alpharetta published a Downtown Master Plan, which was designed to accommodate the area’s growth and transform the downtown business district. The primary component of the plan, City Center, is a $45 million redevelopment project covering 25 acres in the heart of downtown.   “Alpharetta has envisioned a revitalization of the downtown area for more than a decade,” said Alpharetta Mayor Pro Tem Chris Owens. “On two previous occasions, the City Center project was planned, but outside market forces caused the project plans to be postponed.”   Click here to view the original article in the Atlanta Business...

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Million Dollar Brokers

Atlanta Commercial Board of Realtors salutes members of the 2016 Million Dollar Club. This year Kirk Demetrops, President of MidCity Real Estate Partners, was recognized for his production of 20+ million dollars.     For more information please click here.

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New developer takes on Roswell Road mixed-use project in Sandy Springs

Davis Development is the new developer of the mixed-use project planned for 6075-6077 Roswell Road, according to property owner Kirk Demetrops of MidCity Real Estate Partners. Camden USA pulled out of the high-profile project late last year.   “We got a strong group that intends to move forward with the project as approved,” Demetrops said, calling Georgia-based Davis a “really top-notch developer of multi-family housing.”   The 4-acre project would replace an existing office building and post office with 291 apartment units, commercial space and a parking deck. Construction may start late this year after existing tenants’ leases expire, Demetrops said.   The Davis project is next door to Mill Creek’s similar large-scale, mixed-use redevelopment of the Hilderbrand Court shopping center, which began demolition work last month.   Kirk S. Demetrops is president of MidCity Real Estate Partners   This article originally appeared in the Sandy Springs Reporter...

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MidCity Real Estate Partners Named One of Atlanta’s Top Commercial Developers – Office

MidCity Real Estate Partners was recently named the 4th largest Comemrcial Developer for Office space in Atlanta. To view the Atlanta Business Chronicle’s Big Book of lists, Click Here.

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