It's finally official: TCC to build Atlanta tower
ATLANTA - What's in a name, really? Well, if you can get this one right you win a year's free subscription to NREI. Actually the new $93 million office tower that Trammell Crow (TCC) is now building in Midtown Atlanta sits on one of the primo corners in the city, but it carries a mighty weighty name - The Proscenium.
The 23-story, 527,000 sq. ft. office building will sit on a two-acre tract at the southwest corner of 14th and Peachtree Streets. TCC is co-developing the building with Huntsville, Ala.-based Triad Properties. Triad is an equity partner in the project, along with New York-based Real Estate Capital Partners and Dallas-based TCC.
The project had been rumored for many months, before finally breaking cover thanks to four pre-lease commitments totaling nearly 200,000 sq. ft. The Proscenium is scheduled to open in March 2001. Project financing was also provided by Cigna, The Bank of Nova Scotia, SunTrust Bank and Colonial BancGroup. The Atlanta office of Holliday Fenoglio Fowler worked with TCC to secure the financing package.
Acceptable Use Policy blog comments powered by Disqus
Want to use this article? Click here for options!
© 2012 Penton Media Inc.
advertisement
Photo Galleries
New York's Star Deals
The city that never sleeps is also the city that never stops growing, not even in the midst of recession. And deals, both bold and unprecedented, continue to be done. Check out image of New York's big deals.
Hudson Yards Development
Check out images for Coach's new global headquarters, which will anchor the initial tower of the Eastern Rail Yards site within the 26-acre mixed-
Videos
JLL at ICSC 2012
Check out these videos from JLL at ICSC 2012 in Las Vegas...
Click here to view more videos.
advertisement
Blogs
![]() |
Real Vox |
![]() |
Traffic Court |
![]() |
The Full Nelson |
Events
![]() |
|---|
Strategic Real Estate Investment ConferenceDate: Thursday, June 7, 2012 Click here to view more events... |
This Week's Most Popular
Current Issue
|
|









