Atlantic Station Prices
I was looking through some ads for business spaces in the general midtown area and came across this for AtlanticStationLoft.com. It’s residential but, decided to look at it to see what’s new in the area for apartments. WOW! I was floored at the prices. Go there and click on pricing. My condo payment is way less than that.
Is that really a going rate for an apartment in the Midtown area? Yeah, I know, it’s Atlantic Station and I’m sure they are very nice but, still.
Midtown condos are running $400 per square foot. Crazy, but that’s what they’re selling for.
Wow! I didn’t know that. It’s all good with me, I just had a little sticker shock. Thanks!
Not that living in midtown is inexpensive, but Atlantic Station is on the higher end of the equation. I don’t think the quality of the construction warrants the prices, but it’s hot, hip and trendy. Atlantic Station as a development had a lot of promise, but it’s evolved into something quite bland and generic. The worst part is that now mirror projects are under construction in Dunwoody, Brookhaven and other locales.
repeat after me: atlanta is not manhattan. atlanta is not manhattan. atlanta is not manhattan.
oh, and to answer your question, no, those are not the going rates for apartments in midtown. depending on which part of midtown you’d like to live, you can rent 2 or 3 bedroom houses for $2K. you can find 1 bedroom apartments ranging from $650 – $1000.
“Midtown condos are running $400 per square foot. Crazy, but that’s what they’re selling for.”
Too bad nobody’s actually living in them, or so goes the word on the street. A nightime lit-window census of spire a few weeks ago showed about 25% occupancy. Assuming some people were out (or asleep, though it was only like 8PM), let’s say they’re 50% full. Bubbles….