Clicks and Mortar

A Real Estate Blog - Est. 2009

Peachtree Lofts Offers Affordable, Vintage Living Spaces On The Midtown Mile

Posted on 25, July 2011 by csadmin

If you’re looking for a true loft in the heart of Midtown, Peachtree Lofts is a great buy.  It’s a member of what I like to call the Midtown Loft Trio, which also includes 805 Peachtree and Cornerstone Village.  They all offer vintage living spaces within blocks of each other on a vibrant stretch of Peachtree Street.  Among them, Peachtree Lofts has a reputation for great value and a variety of interesting units, not to mention some serious design credibility and a killer location.

The building that houses Peachtree Loft was constructed in 1952 as offices for the Department of Agriculture and housed various government agencies up until the late 1970s.  Its architect, Cecil Alexander, also designed the Coca-Cola Headquarters Building and the AT&T Building, in addition to Georgia's latest state flag.  Upon completion, it was featured in Achitectural Record, and it's still know in design circles as (possibly) the last remaining Bauhaus style building in Atlanta.  The Bauhaus School emerged in 1910s Germany and was inspired by the design of industrial buildings, especially their functionality, right angles, open floor plans, and use of glass; Peachtree Lofts fits this description perfectly.

So how did this 8 story building go from housing the CDC to sporting a pet walk?  In two words, the Olympics.  In 1995 the Novare company converted the abandoned structure into apartments right as the intown living trend went mainstream. In part, this was due to the buildup for the 1996 Olympic Games held in Atlanta.  Post-Olympics, the market for condos boomed, and in 1999 Peachtree Lofts was one of many buildings that went from rental to owner occupied.  Novare returned to the vicinity in the early 2000s to build a collection of glass condo buildings on Peachtree, including Spire, Metropolis, and Viewpoint.

Fast forward to 2010, and a renovation by design firm ai3  has Peachtree Lofts looking better than ever.  You might not  be familiar with the firm's name, but if you've eaten at Miller Union, Holeman & Finch Public House, 4th and Swift, Bocado, and/or Flip, you're familiar with their work.  The revamp brought the design of the lobby and the hallways into this millennium with new lighting, floors, graphics, and furniture that's all beautifully compatible with the original architecture. The building also received new windows as part of the renovation.

The beauty of a loft is that it's essentially raw space, and since Peachtree Lofts has housed creative urbanites for over a decade, you can expect to find a bevy of differing floorplans and finishes.  There are around 210 one to two bedroom units, and they're commonly priced between in the range of $100,000 to $200,000.  Amenities include a beautiful pool, covered parking, a fitness center, and a  business room.  The dog walk is an especially nice feature for canine owners: no need to trek to Piedmont Park!

The building's location on Peachtree Street between 7th and 8th Street affords homeowners one of  Atlanta's most quintessentially urban lifestyles, with shopping, restaurants, parks, cultural venues, nightlife, and rail stations all within easy walking distance.  Did I mention Starbucks is only a block away?  Currently within the building's ground floor space is a popular art store (Utrecht), a restaurant known for its creative burgers (Vortex), a renowned comedy lounge (The Laughing Skull Lounge), and a vintage clothing shop (My My My Boutique).  It all fits in with the vision for the Midtown Mile, an initiative crafted by the Midtown Alliance to transform Peachtree Street between 5th and 14th into a signature boulevard of urban vitality.  At Peachtree Lofts, that vision is reality.

Posted in atlanta, Buyers, Condos, condos, midtown, Neighborhoods, peachtree lofts, Properties

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