Sunday, October 7, 2012
Fourth Ward Park Conservancy receives doantion
Last week, North American Properties held a groundbreaking ceremony for its $35 million BOHO apartment complex project in Old Fourth Ward. A big draw, the company said, was istoric Fourth Ward Park and the Atlanta BeltLine. The company made a $10,000 donation to the Historic Fourth Ward Park Conservancy at the groundbreaking to help further its mission of advocating for and helping to preserve the greenspace.
Thursday, October 4, 2012
Groundbreaking ceremony for $35 million Bohemian House project.
Residents of the Old Fourth Ward officially welcomed the latest redevelopment project to hit the neighborhood in a groundbreaking ceremony Wednesday that will bring 276 high-end apartments by the fall of 2013. Bohemian House or BOHO, as the project is dubbed, is a $35 million investment by Cincinnati-based North American Properties. The privately held firm, which has about $4 billion in mixed-use, residential and office properties under management, counts Atlantic Station among its holdings and is developing the Avalon, a $600 million luxury apartment rental and retail project in Alpharetta. The project of one- and two-bedroom apartments, sits on a 3.7-acre tract bounded by Glen Iris Drive, Dallas and Rankin streets and Historic Fourth …
Wednesday, October 3, 2012
Bohemian House and its 276 units geared toward Generation Y.
Cincinnati-based North American Properties expects to officially break ground today on Bohemian House, its $35 million, 276-unit residential complex in Old Fourth Ward. North American Properties closed on the 3.7-acre tract bounded by Glen Iris Drive, Dallas and Rankin streets and 17.6-acre Historic Fourth Ward Park earlier this year. The land, which is just off the Atlanta BeltLine’s Eastside Trail, was purchased for about $5 million. BOHO, as the project is called, will be built with Generation Y in mind. “We know Gen Y wants walkable communities that provide unique experiences, both where they live and where they go for shopping and entertainment,” Mark Toro, managing partner of North American Properties, said in a statement. “For BOHO…
Thursday, April 5, 2012
North American Properties' project is on 3.7 acres near Historic Fourth Ward Park.
North American Properties, a privately held real estate firm, said it closed on a deal to purchase a 3.7 acre tract in Old Fourth Ward for a $35 million luxury apartment complex. The mid-rise apartment complex is slated to have 276 units on the site, which is bounded by Glen Iris Drive, Dallas and Rankin streets and Historic Fourth Ward Park, Cincinnati-based North American Properties said. The land was acquired for little more than $5 million. “As the country’s demographics shift, it’s clear Generation Y prefers to rent their homes, and they want their apartments to be in walkable surroundings in urban settings,” Mark Toro, North American Properties' managing partner, said in a statement. “The Old Fourth Ward is undergoing an incredible …