Kaplan Residential has broken ground on Generation Atlanta, the first development in Atlanta, Georgia, to utilise a light gauge steel panellised system called Prescient.
Generation Atlanta, being constructed at 377 Centennial Olympic Park Dr, is located near several landmarks, including the World of Coca-Cola, National Center for Civil & Human Rights, Georgia Aquarium and Mercedes-Benz Stadium, as well as restaurants and offices.
Slated to open in 2020, Generation Atlanta will be the first building in the city to utilise the Prescient structural system, which reduces construction costs by up to 25%, compared to using concrete.
This enables the development to comply with the City of Atlanta’s initiative to provide more affordable housing.
Occupying 1.5 acres, the 17-storey tower will offer amenities such as duckpin bowling, shuffleboard, a pool deck with trellis area and firepit, fitness centre, yoga studio, rooftop lounge with outdoor theatre and an indoor sky deck with a multi-screen theatre.
Generation Atlanta will consist of 336 units and will offer studio, one-bedroom and two-bedroom floorplans ranging in size from 616ft² studios up to 1,270ft² two-bedrooms.
Kaplan Residential partner Nathan Kaplan said: “We’re thrilled to be launching Generation Atlanta in such a vibrant area like Downtown. This development couldn’t have come at a better time as the city is gearing up for major renovations to some of its most beloved landmarks like the Georgia Aquarium, State Farm Arena (formerly Philips Arena) and Centennial Olympic Park.”
Kaplan has partnered with Niles Bolton Associates, CBG Building, Parse Capital, Focus Design Interiors, Citizens Bank and Santander on this project.
Kaplan Residential chairman and CEO Morris Kaplan said: “We’ve been bullish on Atlanta for more than 30 years. I had the privilege to work with Mayor Andrew Young for our first Downtown projects, and now the next generation of Kaplans, my son, Nathan, is spearheading Generation Atlanta with Mayor Bottoms.”
Image: A rendering of Kaplan Residential. Photo: Courtesy of Kaplan Residential.