CRB Realty To Develop Mixed-Use Tower in Midtown

CBR Realty plans to purchase a portion of a 3-acre land parcel that the Lutheran Church of the Redeemer owns at Fourth Street and Peachtree Street in midtown Atlanta for a future project. The church agreed to sell some of the land with the condition that its structures would be included in the overall master planned development.

On the northern part of the land, CBR Realty will build a 40-story mixed-use tower comprising of 600,000 square feet. The master plan will also include 40,000 square feet of retail, hotel, office and apartment structures included in the master plan.

Construction is planned to undergo at the beginning of 2009 and be completed in the fall of 2010.

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source: costar.com