High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Atlanta & Southeast  + Atlanta  + Apartments  | 
$120M Shepherd Center opens for guests

Shepherd Center’s $120M Expansion Complete

A $120 million project designed to house long-term guests from The Shepherd Center has finished construction. The 16-story residential tower overlooking Peachtree Road more than doubles its housing capacity.

The Shepherd Center, one of the nation’s top spinal cord and brain injury rehabilitation hospitals, says more than half of its patients come from outside Georgia. Previously, the hospital could only provide housing for families for 30 days. The average stay is nearly twice that.

The Arthur M. Blank Family Residences, which has 165 apartments, will welcome its first guests in October. It’s named after Blank, the Home Depot co-founder, the Atlanta Falcons, and the Atlanta United owner, who donated $50 million to the project.

The building has 100 one-bedroom and 65 two-bedroom apartments. Its amenities include a communal kitchen, meeting rooms, library and recreation room. An outdoor garden features a relic of the property’s past: the bison statue from the former Ted’s Montana Grill.

The Shepherd Center expects to open another building next year.

Connect

Inside The Story

Arthur Blank Residences

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development