Aloft hotel planned for Sandy Springs

An Aloft hotel is planned for a new mixed-use project in Sandy Springs. A joint venture of Childress Klein and MidCity Real Estate Partners sold a 0.65-acre site for the 140-key hotel at its NorthPlace development. RevPAR Development paid $3 million for the site and will develop the hotel. It’s planned at Barfield Road and Mount Vernon Highway, near the headquarters of Mercedes-Benz U.S. and the Sandy Springs MARTA station. The NorthPlace project will also include a 250,000-square-foot office and retail building developed by Childress Klein and MidCity. Aloft is a contemporary hotel brand under Marriott International Inc. It serves to complement the W brand, offering a similar stay at more affordable prices. Georgia’s first Aloft opened downtown near Centennial Olympic Park in 2014. “Office tenants are looking for an amenitized environment,” said Kirk Demetrops, president and founder of MidCity. “Aloft is a great complement to the mixed-use project.” Another Aloft hotel is planned at SunTrust Park. This is an excerpt from an article that was first published in the Atlanta Business Chronical on August 2nd, 2019 and is written by Amy Wenk. To read the article in its original publication, click...

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Sandy Springs council approves Barfield hotel, office

The Sandy Springs City Council gave final approval to the plan to build hotel and office buildings on Barfield Road and Mount Vernon Highway at its March 19 meeting.   The 14-year-old plan to bring two new buildings to Barfield Road at Mount Vernon Highway in Sandy Springs originally called for office buildings, but a hotel was later added, a change requiring city approval. The Planning Commission unanimously recommended approval at its Feb. 26 meeting.   The 3.7-acre lot at 6403 Barfield Road sits west of Ga. 400 and is adjacent to the Promenade at Northplace condo development.   The original plan, under the name NorthPlace, was for two multistory buildings that have office space and retail on the bottom floor. One of those buildings is now expected to be a 10-story Aloft hotel, an upscale brand owned by hotel chain Marriott.   Under the zoning conditions, the hotel is limited to six stories and the office building to 10 stories.   The Autumn Chace townhome community opposed the plan until language was added to ensure only one of the buildings would be a hotel and to limit the hours for hotel bars and live entertainment.   This article was first published in the Sandy Springs section of the Reporter Newspaper on March 24th, 2019 and is written by Evelyn Andrews. To read the original publication, click...

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Developer proposes swapping hotel for office building in Sandy Springs, Ga.

A developer wants to change a 14-year-old plan for a project in Sandy Springs to swap a hotel for one of two office buildings.   MidCity Real Estate Partners sees demand for an additional hotel due to the Mercedes-Benz USA headquarters and the City Springs mixed-use development nearby the 3.7-acre NorthPlace site at Barfield Road and Mount Vernon Highway, according to a Reporter Newspapers story.   Fulton County approved the original designs for NorthPlace in 2004 before Sandy Springs incorporated. MidCity Real Estate Partners is seeking to have Sandy Springs approve a hotel in place of one of the office buildings, with construction to start next year.   The building site at 6403 Barfield Road is west of Ga. 400 and is adjacent to the Promenade at Northplace condo development. It is located at 6403 Barfield Road.   The original plan was for two multistory office buildings with ground-floor retail. Under the new proposal, one of those buildings would become a 7-story Aloft hotel, a brand owned by hotel chain Marriott.   The footprint is identical, and the only change is the use of one of the buildings, said MidCity executive Kirk Demetrops. Read more here.   This story was originally published in the Atlanta Business Chronicle on October 3rd, 2018 and is written by Jessica Saunders. To read the original post, click...

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Hotel proposed for Sandy Springs’ Barfield Road

A 14-year-old plan to bring two new buildings to Barfield Road at Mount Vernon Highway in Sandy Springs has been updated with a proposed hotel.   The original designs were approved in 2004 by Fulton County, before the city’s incorporation. Now the developer, MidCity Real Estate Partners, is seeking to have Sandy Springs approve a hotel in place of one of the office buildings, with construction to start next year.   The 3.7-acre lot sits west of Ga. 400 and is adjacent to the Promenade at Northplace condo development. It is located at 6403 Barfield Road.   There are already several hotels in the area, but Demetrops said MidCity sees demand for another one due to Mercedes-Benz USA’s new headquarters down the street and the new City Springs civic center nearby.   “I believe it will be the nicest hotel west of [Ga.] 400,” he said.   The original plan, under the name NorthPlace, was for two multistory buildings that have office space and retail on the bottom floor. Under the new proposal, one of those buildings would become a 7-story Aloft hotel, a brand owned by hotel chain Marriott.   A hotel is allowed under the city’s new zoning rules, but the developer is to keep the original approval under the old zoning, said MidCity executive Kirk Demetrops.   Demetrops said MidCity is seeking a rezoning under the old rules that would allow a hotel on that lot.   The footprint is identical, and the only change is the use of one of the buildings, he said.   The developer is in discussions with potential office tenants and hopes to start construction on that building at the same time, but the hotel would move forward regardless, Demetrops said. The project has been advertised as available to be custom-built for specific tenants.   The project is scheduled to go before the city Planning Commission Dec. 19.   This article was published by the Sandy Springs Reporter Newspaper on October 2nd, 2018 and is written by Evelyn Andrews. To read the original publication, click...

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City Springs to Life: Arts Anchor for Sandy Springs new city center

Demetrops is a former owner of the lot where the Adley at City Springs mixed-use project is being built within the City Springs district. He’s also now the developer of Alpharetta’s City Center, a similar downtown place-making project.He said City Springs should be a “tremendous asset for the city for years.” “With our … experience [and] involvement in town centers, we find that there is a desire to create an identity, or personality, for the town center. The Performing Arts Center and distinctive architecture of the entire project, in my opinion, are the unique features,” he said.     Read the entire article here: Sandy Springs...

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Childress Klein, MidCity Plan Atlanta Office Park

Atlanta—Childress Klein and MidCity Real Estate Partners recently snapped up the NorthPlace project development site in Atlanta’s Central Perimeter submarket, paving the way for an office park featuring as much as 370,000 square feet. It’s a case of déjà vu for MidCity, which, in 2015, joined forces with Crocker Partners on the same project. No one’s talking dollar signs pertaining to the transaction with the seller, who was, according to Fulton County records, CP NorthPlace LLC, an entity controlled by Crocker Partners. While previous plans for NorthPlace called for three buildings, Childress Klein and MidCity envision two office towers on the 3.7-acre site; one offering 250,000 square feet and the other featuring 120,000 square feet. MidCity will manage construction operations for the project, which should find a warm reception. Demand in Central Perimeter appears to be none too shabby, particularly if dollar signs tell the story. Class A asking rents in the submarket reached almost $28.5 per square-foot in the fourth quarter of 2016, beating out metro Atlanta’s record high Class A average of $27.5 per square-foot by nearly an entire dollar. As Kirk Demetrops, president of MidCity Real Estate Partners, said in a prepared statement, “Central Perimeter continues to be one of Atlanta’s most desirable markets for office users.” MidCity will spearhead leasing at the Warner Summers-designed NorthPlace, targeting corporate and medical office users. This article originally appeared in CP Executive. Click here for the original article.  ...

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