{"id":1004051457,"date":"2012-01-02T09:46:19","date_gmt":"2012-01-02T17:46:19","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=29134"},"modified":"2022-12-09T00:07:41","modified_gmt":"2022-12-09T08:07:41","slug":"partnership-breaks-ground-on-60m-skyhouse-midtown","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/","title":{"rendered":"Partnership Breaks Ground on $60M SkyHouse Midtown"},"content":{"rendered":"

By Georgiana Mihaila, Associate Editor<\/p>\n

Atlanta is one step closer to getting a brand new luxury apartment tower\u2014the first high-rise apartment building to be built in Midtown for the past decade\u2014as the 23-story SkyHouse Midtown prepares to break ground. The announcement was made by the developers last week, following the arrangement of the financing needed for moving forward with the $60 million tower designed by Smallwood, Reynolds, Stewart, Stewart.<\/p>\n

The high-rise apartment tower is being developed by a partnership formed by Atlanta-based real estate development and investment company Novare Group along with Batson-Cook Development Company (a subsidiary of Kajima USA). According to MHN Online<\/em>, the project’s success will be enabled by this strong partnership. Mike Hood, COO of the Batson-Cook Development Company, stated that \u201cThe Novare and BCDC team brings a unique\"\"<\/a> and compelling offering. Few teams provide the experience in the multifamily space that Novare brings along with the capital horsepower afforded to BCDC by parent company Kajima USA. Not only do we have a great product designed for today\u2019s customer in a great location, but we can provide lenders with 100 percent confidence that we\u2019ll deliver the product.\u201d<\/p>\n

Novare and Batson-Cook Development will also be providing equity, whereas financing for the project will be provided by an investor account under advisement of UBS Global Asset Management\u2019s U.S. real estate division.<\/p>\n

The 23-story SkyHouse Midtown will boast a prime location\u2014at 12th<\/sup> and West Peachtree Streets\u2014and will offer 320 luxury rental units with an estimated completion date set for December 2012. The units will be marketed towards young professionals seeking luxury in-town living. Featuring green elements, the developers are already targeting an Energy Star designation for the building.<\/p>\n

Photo Credits: JohnnyUrban via Flickr<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

By Georgiana Mihaila, Associate Editor
\nAtlanta is one step closer to getting a brand new luxury apartment tower\u2014the first high-rise apartment building to be built in Midtown for the past decade\u2014as the 23-story SkyHouse Midtown prepares to break ground. The announcement […]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21742],"tags":[39387],"class_list":["post-1004051457","post","type-post","status-publish","format-standard","hentry","category-atlanta","category-latest","tag-atlanta"],"acf":[],"yoast_head":"\nPartnership Breaks Ground on $60M SkyHouse Midtown - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Partnership Breaks Ground on $60M SkyHouse Midtown\" \/>\n<meta property=\"og:description\" content=\"By Georgiana Mihaila, Associate Editor Atlanta is one step closer to getting a brand new luxury apartment tower\u2014the first high-rise apartment building to be built in Midtown for the past decade\u2014as the 23-story SkyHouse Midtown prepares to break ground. The announcement [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-01-02T17:46:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:07:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/construction-site1.jpg\" \/>\n<meta name=\"author\" content=\"Amalia Otet\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/\"},\"author\":{\"name\":\"Amalia Otet\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9f6a1043b1429cf8ff129c75614caa73\"},\"headline\":\"Partnership Breaks Ground on $60M SkyHouse Midtown\",\"datePublished\":\"2012-01-02T17:46:19+00:00\",\"dateModified\":\"2022-12-09T08:07:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/\"},\"wordCount\":295,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/12\\\/construction-site1.jpg\",\"keywords\":[\"Atlanta\"],\"articleSection\":[\"Atlanta\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/\",\"name\":\"Partnership Breaks Ground on $60M SkyHouse Midtown - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/12\\\/construction-site1.jpg\",\"datePublished\":\"2012-01-02T17:46:19+00:00\",\"dateModified\":\"2022-12-09T08:07:41+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9f6a1043b1429cf8ff129c75614caa73\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/12\\\/construction-site1.jpg\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/12\\\/construction-site1.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/partnership-breaks-ground-on-60m-skyhouse-midtown\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Partnership Breaks Ground on $60M SkyHouse Midtown\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9f6a1043b1429cf8ff129c75614caa73\",\"name\":\"Amalia Otet\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g\",\"caption\":\"Amalia Otet\"},\"description\":\"Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. Outside of work, Amalia strives to live beautifully - one green step at a time.\",\"sameAs\":[\"Macchiato\"],\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/amaliaotet\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Partnership Breaks Ground on $60M SkyHouse Midtown - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/","og_locale":"en_US","og_type":"article","og_title":"Partnership Breaks Ground on $60M SkyHouse Midtown","og_description":"By Georgiana Mihaila, Associate Editor Atlanta is one step closer to getting a brand new luxury apartment tower\u2014the first high-rise apartment building to be built in Midtown for the past decade\u2014as the 23-story SkyHouse Midtown prepares to break ground. The announcement [...]","og_url":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2012-01-02T17:46:19+00:00","article_modified_time":"2022-12-09T08:07:41+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/construction-site1.jpg","type":"","width":"","height":""}],"author":"Amalia Otet","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/"},"author":{"name":"Amalia Otet","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9f6a1043b1429cf8ff129c75614caa73"},"headline":"Partnership Breaks Ground on $60M SkyHouse Midtown","datePublished":"2012-01-02T17:46:19+00:00","dateModified":"2022-12-09T08:07:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/"},"wordCount":295,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/construction-site1.jpg","keywords":["Atlanta"],"articleSection":["Atlanta","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/","url":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/","name":"Partnership Breaks Ground on $60M SkyHouse Midtown - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/construction-site1.jpg","datePublished":"2012-01-02T17:46:19+00:00","dateModified":"2022-12-09T08:07:41+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9f6a1043b1429cf8ff129c75614caa73"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/construction-site1.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/12\/construction-site1.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/partnership-breaks-ground-on-60m-skyhouse-midtown\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Partnership Breaks Ground on $60M SkyHouse Midtown"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9f6a1043b1429cf8ff129c75614caa73","name":"Amalia Otet","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6b04062ec19b075e11c42269b5c31dfb32bdf83e40d929924449e4c1828aaa3c?s=96&d=mm&r=g","caption":"Amalia Otet"},"description":"Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. Outside of work, Amalia strives to live beautifully - one green step at a time.","sameAs":["Macchiato"],"url":"https:\/\/www.commercialsearch.com\/news\/author\/amaliaotet\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004051457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004051457"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004051457\/revisions"}],"predecessor-version":[{"id":1004618384,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004051457\/revisions\/1004618384"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004051457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004051457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004051457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}